XML 83 R69.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Information - Financial Information (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Revenues:            
Service related, net $ 288   $ 218 $ 860 $ 151  
Net gain on mortgage loans held for sale 572   645 1,833 1,594  
Total revenues 860   863 2,693 1,745  
Total expenses 402   455 1,281 1,277  
Other income (expenses)            
Interest income 66   17 163 114  
Interest expense (118)   (128) (363) (394)  
Other income, net 8   (51) 494 (50)  
Total other (expenses) income, net (44)   (162) 294 (330)  
Income (loss) from continuing operations before income tax expense (benefit) 414   246 1,706 138  
Depreciation and amortization for property and equipment and intangible assets from continuing operations 14   19 45 55  
Total assets 21,661   21,755 21,661 21,755 $ 24,165
Assets of discontinued operations 3,722     3,722   5,347
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Title Business            
Other income (expenses)            
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal   $ 487        
Discontinued Operations, Held-for-sale or Disposed of by Sale [Member] | Champion Mortgage [Member]            
Other income (expenses)            
Assets of discontinued operations 3,722     3,722   $ 5,347
Operating Segments | Servicing            
Revenues:            
Service related, net 209   83 558 (237)  
Net gain on mortgage loans held for sale 142   40 466 119  
Total revenues 351   123 1,024 (118)  
Total expenses 128   123 359 354  
Other income (expenses)            
Interest income 39   1 87 44  
Interest expense (65)   (68) (201) (195)  
Other income, net 0   0 0 0  
Total other (expenses) income, net (26)   (67) (114) (151)  
Income (loss) from continuing operations before income tax expense (benefit) 197   (67) 551 (623)  
Depreciation and amortization for property and equipment and intangible assets from continuing operations 11   6 23 14  
Total assets 14,560   14,707 14,560 14,707  
Operating Segments | Originations            
Revenues:            
Service related, net 44   27 132 68  
Net gain on mortgage loans held for sale 430   605 1,367 1,475  
Total revenues 474   632 1,499 1,543  
Total expenses 208   195 665 528  
Other income (expenses)            
Interest income 27   16 76 69  
Interest expense (22)   (15) (70) (55)  
Other income, net 0   0 0 0  
Total other (expenses) income, net 5   1 6 14  
Income (loss) from continuing operations before income tax expense (benefit) 271   438 840 1,029  
Depreciation and amortization for property and equipment and intangible assets from continuing operations 8   5 18 12  
Total assets 4,949   4,250 4,949 4,250  
Corporate/Other            
Revenues:            
Service related, net 35   108 170 320  
Net gain on mortgage loans held for sale 0   0 0 0  
Total revenues 35   108 170 320  
Total expenses 66   137 257 395  
Other income (expenses)            
Interest income 0   0 0 1  
Interest expense (31)   (45) (92) (144)  
Other income, net 8   (51) 494 (50)  
Total other (expenses) income, net (23)   (96) 402 (193)  
Income (loss) from continuing operations before income tax expense (benefit) (54)   (125) 315 (268)  
Depreciation and amortization for property and equipment and intangible assets from continuing operations (5)   8 4 29  
Total assets $ 2,152   $ 2,798 $ 2,152 $ 2,798