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v3.19.1

Business Segment Reporting - Financial Information (Details) $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2019 USD ($) segment | Mar. 31, 2018 USD ($) | Dec. 31, 2018 USD ($)
Segment Reporting [Abstract] |  |  |
Number of reportable segments | segment | 4 |  |
Revenues: |  |  |
Service related, net | $ 84 |  |
Net gain on mortgage loans held for sale | 166 |  |
Total revenues | 250 |  |
Total Expenses | 443 |  |
Other income (expenses) |  |  |
Interest income | 134 |  |
Interest expense | (189) |  |
Other | 15 |  |
Total other income (expenses), net | (40) |  |
(Loss) income before income tax expense (benefit) | (233) |  |
Depreciation and amortization for property and equipment and intangible assets | 21 |  |
Total assets | 17,646 |  | $ 16,973
Predecessor |  |  |
Revenues: |  |  |
Service related, net |  | $ 464 |
Net gain on mortgage loans held for sale |  | 124 |
Total revenues |  | 588 |
Total Expenses |  | 364 |
Other income (expenses) |  |  |
Interest income |  | 145 |
Interest expense |  | (171) |
Other |  | 8 |
Total other income (expenses), net |  | (18) |
(Loss) income before income tax expense (benefit) |  | 206 |
Depreciation and amortization for property and equipment and intangible assets |  | 15 |
Total assets |  | 17,864 |
Operating Segments |  |  |
Revenues: |  |  |
Service related, net | 84 |  |
Net gain on mortgage loans held for sale | 166 |  |
Total revenues | 250 |  |
Total Expenses | 398 |  |
Other income (expenses) |  |  |
Interest income | 132 |  |
Interest expense | (132) |  |
Other | 15 |  |
Total other income (expenses), net | 15 |  |
(Loss) income before income tax expense (benefit) | (133) |  |
Depreciation and amortization for property and equipment and intangible assets | 11 |  |
Total assets | 14,909 |  |
Operating Segments | Predecessor |  |  |
Revenues: |  |  |
Service related, net |  | 464 |
Net gain on mortgage loans held for sale |  | 124 |
Total revenues |  | 588 |
Total Expenses |  | 343 |
Other income (expenses) |  |  |
Interest income |  | 141 |
Interest expense |  | (133) |
Other |  | 8 |
Total other income (expenses), net |  | 16 |
(Loss) income before income tax expense (benefit) |  | 261 |
Depreciation and amortization for property and equipment and intangible assets |  | 13 |
Total assets |  | 17,045 |
Operating Segments | Servicing Segment |  |  |
Revenues: |  |  |
Service related, net | 8 |  |
Net gain on mortgage loans held for sale | 0 |  |
Total revenues | 8 |  |
Total Expenses | 195 |  |
Other income (expenses) |  |  |
Interest income | 115 |  |
Interest expense | (114) |  |
Other | 0 |  |
Total other income (expenses), net | 1 |  |
(Loss) income before income tax expense (benefit) | (186) |  |
Depreciation and amortization for property and equipment and intangible assets | 4 |  |
Total assets | 13,642 |  |
Operating Segments | Servicing Segment | Predecessor |  |  |
Revenues: |  |  |
Service related, net |  | 395 |
Net gain on mortgage loans held for sale |  | 0 |
Total revenues |  | 395 |
Total Expenses |  | 182 |
Other income (expenses) |  |  |
Interest income |  | 126 |
Interest expense |  | (118) |
Other |  | (1) |
Total other income (expenses), net |  | 7 |
(Loss) income before income tax expense (benefit) |  | 220 |
Depreciation and amortization for property and equipment and intangible assets |  | 7 |
Total assets |  | 15,224 |
Operating Segments | Originations Segment |  |  |
Revenues: |  |  |
Service related, net | 15 |  |
Net gain on mortgage loans held for sale | 131 |  |
Total revenues | 146 |  |
Total Expenses | 104 |  |
Other income (expenses) |  |  |
Interest income | 17 |  |
Interest expense | (18) |  |
Other | 4 |  |
Total other income (expenses), net | 3 |  |
(Loss) income before income tax expense (benefit) | 45 |  |
Depreciation and amortization for property and equipment and intangible assets | 3 |  |
Total assets | 4,865 |  |
Operating Segments | Originations Segment | Predecessor |  |  |
Revenues: |  |  |
Service related, net |  | 15 |
Net gain on mortgage loans held for sale |  | 113 |
Total revenues |  | 128 |
Total Expenses |  | 109 |
Other income (expenses) |  |  |
Interest income |  | 15 |
Interest expense |  | (15) |
Other |  | 0 |
Total other income (expenses), net |  | 0 |
(Loss) income before income tax expense (benefit) |  | 19 |
Depreciation and amortization for property and equipment and intangible assets |  | 3 |
Total assets |  | 4,710 |
Operating Segments | Xome |  |  |
Revenues: |  |  |
Service related, net | 96 |  |
Net gain on mortgage loans held for sale | 0 |  |
Total revenues | 96 |  |
Total Expenses | 99 |  |
Other income (expenses) |  |  |
Interest income | 0 |  |
Interest expense | 0 |  |
Other | 11 |  |
Total other income (expenses), net | 11 |  |
(Loss) income before income tax expense (benefit) | 8 |  |
Depreciation and amortization for property and equipment and intangible assets | 4 |  |
Total assets | 502 |  |
Operating Segments | Xome | Predecessor |  |  |
Revenues: |  |  |
Service related, net |  | 65 |
Net gain on mortgage loans held for sale |  | 0 |
Total revenues |  | 65 |
Total Expenses |  | 52 |
Other income (expenses) |  |  |
Interest income |  | 0 |
Interest expense |  | 0 |
Other |  | 9 |
Total other income (expenses), net |  | 9 |
(Loss) income before income tax expense (benefit) |  | 22 |
Depreciation and amortization for property and equipment and intangible assets |  | 3 |
Total assets |  | 413 |
Eliminations |  |  |
Revenues: |  |  |
Service related, net | (35) |  |
Net gain on mortgage loans held for sale | 35 |  |
Total revenues | 0 |  |
Total Expenses | 0 |  |
Other income (expenses) |  |  |
Interest income | 0 |  |
Interest expense | 0 |  |
Other | 0 |  |
Total other income (expenses), net | 0 |  |
(Loss) income before income tax expense (benefit) | 0 |  |
Depreciation and amortization for property and equipment and intangible assets | 0 |  |
Total assets | (4,100) |  |
Eliminations | Predecessor |  |  |
Revenues: |  |  |
Service related, net |  | (11) |
Net gain on mortgage loans held for sale |  | 11 |
Total revenues |  | 0 |
Total Expenses |  | 0 |
Other income (expenses) |  |  |
Interest income |  | 0 |
Interest expense |  | 0 |
Other |  | 0 |
Total other income (expenses), net |  | 0 |
(Loss) income before income tax expense (benefit) |  | 0 |
Depreciation and amortization for property and equipment and intangible assets |  | 0 |
Total assets |  | (3,302) |
Corporate and Other |  |  |
Revenues: |  |  |
Service related, net | 0 |  |
Net gain on mortgage loans held for sale | 0 |  |
Total revenues | 0 |  |
Total Expenses | 45 |  |
Other income (expenses) |  |  |
Interest income | 2 |  |
Interest expense | (57) |  |
Other | 0 |  |
Total other income (expenses), net | (55) |  |
(Loss) income before income tax expense (benefit) | (100) |  |
Depreciation and amortization for property and equipment and intangible assets | 10 |  |
Total assets | $ 2,737 |  |
Corporate and Other | Predecessor |  |  |
Revenues: |  |  |
Service related, net |  | 0 |
Net gain on mortgage loans held for sale |  | 0 |
Total revenues |  | 0 |
Total Expenses |  | 21 |
Other income (expenses) |  |  |
Interest income |  | 4 |
Interest expense |  | (38) |
Other |  | 0 |
Total other income (expenses), net |  | (34) |
(Loss) income before income tax expense (benefit) |  | (55) |
Depreciation and amortization for property and equipment and intangible assets |  | 2 |
Total assets |  | $ 819 |

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