Business Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables present financial information by segment:

	Three Months Ended March 31, 2020
Financial information by segment	Servicing			Originations			Xome		Elimination			Total Operating Segments			Corporate/Other			Consolidated
Revenues
Service related, net	$	(180	)	$	20		$	106	$	(1	)	$	(55	)	$	2		$	(53	)
Net gain on mortgage loans held for sale	34			297			—		—			331			—			331
Total revenues	(146		)	317			106		(1		)	276			2			278
Total expenses	149			166			96		(1		)	410			34			444
Other income (expenses), net:
Interest income	83			34			—		—			117			1			118
Interest expense	(113		)	(27		)	—		—			(140		)	(52		)	(192		)
Other income (expenses), net	—			—			1		—			1			—			1
Total other income (expenses), net	(30		)	7			1		—			(22		)	(51		)	(73		)
(Loss) income before income tax (benefit) expense	$	(325	)	$	158		$	11	$	—		$	(156	)	$	(83	)	$	(239	)
Depreciation and amortization for property and equipment and intangible assets	$	3		$	3		$	3	$	—		$	9		$	10		$	19
Total assets	$	10,142		$	9,608		$	534	$	(5,964	)	$	14,320		$	3,293		$	17,613

	Three Months Ended March 31, 2019
Financial information by segment	Servicing			Originations			Xome		Elimination			Total Operating Segments			Corporate/Other			Consolidated
Revenues
Service related, net	$	(27	)	$	15		$	96	$	—		$	84		$	—		$	84
Net gain on mortgage loans held for sale	35			131			—		—			166			—			166
Total revenues	8			146			96		—			250			—			250
Total expenses	195			104			99		—			398			45			443
Other income (expenses), net:
Interest income	115			17			—		—			132			2			134
Interest expense	(114		)	(18		)	—		—			(132		)	(57		)	(189		)
Other income, net	—			4			11		—			15			—			15
Total other income (expenses), net	1			3			11		—			15			(55		)	(40		)
(Loss) income before income tax (benefit) expense	$	(186	)	$	45		$	8	$	—		$	(133	)	$	(100	)	$	(233	)
Depreciation and amortization for property and equipment and intangible assets	$	4		$	3		$	4	$	—		$	11		$	10		$	21
Total assets	$	13,642		$	4,865		$	502	$	(4,100	)	$	14,909		$	2,737		$	17,646