XML 58 R33.htm IDEA: XBRL DOCUMENT v3.20.2
Business Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Schedule of segment reporting information
The following tables present financial information by segment:
 Three Months Ended September 30, 2020
Financial information by segmentServicingOriginationsXomeCorporate/OtherConsolidated
Revenues
Service related, net(1)
$92 $27 $108 $— $227 
Net gain on mortgage loans held for sale40 605 — — 645 
Total revenues132 632 108 — 872 
Total expenses99 195 94 43 431 
Interest income40 16 — — 56 
Interest expense(105)(15)— (45)(165)
Other income (expenses), net— — 1 (52)(51)
Total other (expenses) income, net(65)1 1 (97)(160)
(Loss) income before income tax (benefit) expense$(32)$438 $15 $(140)$281 
Depreciation and amortization for property and equipment and intangible assets$6 $5 $5 $3 $19 
Total assets $14,707 $4,250 $135 $2,663 $21,755 

Three Months Ended September 30, 2019
Financial information by segmentServicingOriginationsXomeCorporate/OtherConsolidated
Revenues
Service related, net(1)
$126 $22 $112 $(2)$258 
Net gain on mortgage loans held for sale37 312 — 11 360 
Total revenues163 334 112 9 618 
Total expenses171 155 101 51 478 
Interest income137 24 — 2 163 
Interest expense(120)(24)— (52)(196)
Other (expense) income, net— (1)3 (2)— 
Total other income (expenses), net17 (1)3 (52)(33)
Income (loss) before income tax expense (benefit)$9 $178 $14 $(94)$107 
Depreciation and amortization for property and equipment and intangible assets$5 $4 $4 $9 $22 
Total assets $12,065 $4,386 $172 $1,855 $18,478 
Nine Months Ended September 30, 2020
Financial information by segmentServicingOriginationsXomeCorporate/OtherConsolidated
Revenues
Service related, net(1)
$(202)$68 $320 $— $186 
Net gain on mortgage loans held for sale119 1,475 — — 1,594 
Total revenues(83)1,543 320 — 1,780 
Total expenses370 528 285 111 1,294 
Interest income180 69 — 1 250 
Interest expense(335)(55)— (144)(534)
Other income (expense), net— — 3 (53)(50)
Total other (expenses) income, net(155)14 3 (196)(334)
(Loss) income before income tax (benefit) expense$(608)$1,029 $38 $(307)$152 
Depreciation and amortization for property and equipment and intangible assets$14 $12 $11 $19 $56 
Total assets $14,707 $4,250 $135 $2,663 $21,755 

Nine Months Ended September 30, 2019
Financial information by segmentServicingOriginationsXomeCorporate/OtherConsolidated
Revenues
Service related, net(1)
$108 $57 $316 $(2)$479 
Net gain on mortgage loans held for sale90 687 — 11 788 
Total revenues198 744 316 9 1,267 
Total expenses555 404 301 153 1,413 
Interest income388 64 — 7 459 
Interest expense(343)(67)— (162)(572)
Other income (expense), net— 4 14 (2)16 
Total other income (expenses), net45 1 14 (157)(97)
(Loss) income before income tax (benefit) expense$(312)$341 $29 $(301)$(243)
Depreciation and amortization for property and equipment and intangible assets$13 $13 $11 $30 $67 
Total assets $12,065 $4,386 $172 $1,855 $18,478 

(1)Service related, net revenues for Corporate/Other include intersegment eliminations.