2018 Q4 Form 10-K Financial Statement
#000093313619000030 Filed on March 11, 2019
Income Statement
Concept | 2018 Q4 | 2018 Q3 |
---|---|---|
Revenue | $252.0M | $164.0M |
YoY Change | 12750.59% | 7070.97% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $408.0M | $498.0M |
YoY Change | 4700.0% | 23614.29% |
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $24.00M | $15.00M |
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $432.0M | $242.0M |
YoY Change | 5300.0% | 10900.0% |
Operating Profit | ||
YoY Change | ||
Interest Expense | -$5.000M | $122.0M |
YoY Change | 66.67% | 219.37% |
% of Operating Profit | ||
Other Income/Expense, Net | $2.000M | -$26.00M |
YoY Change | -26100.0% | |
Pretax Income | -$178.0M | -$83.00M |
YoY Change | 1877.78% | -316.15% |
Income Tax | -$42.00M | -$19.00M |
% Of Pretax Income | ||
Net Earnings | -$136.0M | -$64.00M |
YoY Change | 1411.11% | -266.67% |
Net Earnings / Revenue | -53.97% | -39.02% |
Basic Earnings Per Share | -$1.50 | -$0.65 |
Diluted Earnings Per Share | -$1.50 | -$0.65 |
COMMON SHARES | ||
Basic Shares Outstanding | 90.81M shares | 90.81M shares |
Diluted Shares Outstanding | 91.99M shares |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $242.0M | $198.0M |
YoY Change | 796.3% | 661.54% |
Cash & Equivalents | $242.0M | $166.0M |
Short-Term Investments | ||
Other Short-Term Assets | $31.00M | |
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $145.0M | $144.0M |
Other Receivables | $7.934B | $8.886B |
Total Short-Term Assets | $8.321B | $9.259B |
YoY Change | 30718.52% | 35511.54% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $96.00M | $102.0M |
YoY Change | ||
Goodwill | $23.00M | $10.00M |
YoY Change | ||
Intangibles | $117.0M | $117.0M |
YoY Change | ||
Long-Term Investments | $3.676B | $3.515B |
YoY Change | 45850.0% | 20576.47% |
Other Assets | $1.286B | $1.266B |
YoY Change | 122.11% | 119.41% |
Total Long-Term Assets | $8.652B | $7.767B |
YoY Change | -51.96% | 998.59% |
TOTAL ASSETS | ||
Total Short-Term Assets | $8.321B | $9.259B |
Total Long-Term Assets | $8.652B | $7.767B |
Total Assets | $16.97B | $17.03B |
YoY Change | -5.89% | 2222.78% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | ||
YoY Change | ||
Accrued Expenses | $215.0M | |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $2.128B | $2.710B |
YoY Change | ||
Total Short-Term Liabilities | $3.671B | $4.045B |
YoY Change | ||
LONG-TERM LIABILITIES | ||
Long-Term Debt | $10.07B | $10.40B |
YoY Change | ||
Other Long-Term Liabilities | $1.287B | $1.204B |
YoY Change | 7470.59% | 7926.67% |
Total Long-Term Liabilities | $11.36B | $11.61B |
YoY Change | 66705.88% | 77266.67% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.671B | $4.045B |
Total Long-Term Liabilities | $11.36B | $11.61B |
Total Liabilities | $15.03B | $15.65B |
YoY Change | 89267.27% | 107106.47% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $848.0M | $984.0M |
YoY Change | 806.46% | 818.81% |
Common Stock | $1.094B | $1.094B |
YoY Change | 54699900.0% | 54699900.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $0.00 | $0.00 |
YoY Change | ||
Treasury Stock Shares | 0.000 shares | 0.000 shares |
Shareholders Equity | $1.942B | $2.078B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $16.97B | $17.73B |
YoY Change | 2663.79% | 2319.42% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$136.0M | -$64.00M |
YoY Change | 1411.11% | -266.67% |
Depreciation, Depletion And Amortization | $24.00M | $15.00M |
YoY Change | ||
Cash From Operating Activities | $1.075B | $176.0M |
YoY Change | 21400.0% | -4500.0% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$245.0M | -$251.0M |
YoY Change | ||
Acquisitions | $33.00M | |
YoY Change | ||
Other Investing Activities | $45.00M | $35.00M |
YoY Change | 542.86% | 169.23% |
Cash From Investing Activities | -$200.0M | -$50.00M |
YoY Change | -2957.14% | -484.62% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -844.0M | -$1.219B |
YoY Change | 16780.0% | 5440.91% |
NET CHANGE | ||
Cash From Operating Activities | 1.075B | $176.0M |
Cash From Investing Activities | -200.0M | -$50.00M |
Cash From Financing Activities | -844.0M | -$1.219B |
Net Change In Cash | 31.00M | -$1.093B |
YoY Change | 342.86% | 8307.69% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.075B | $176.0M |
Capital Expenditures | -$245.0M | -$251.0M |
Free Cash Flow | $1.320B | $427.0M |
YoY Change |
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ReverseServicingFeesAmount
|
16000000 | USD | |
CY2018Q4 | nsm |
Servicing Advances
ServicingAdvances
|
952000000 | USD |
CY2018Q4 | nsm |
Servicing Advances Discount
ServicingAdvancesDiscount
|
205000000 | USD |
CY2018Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
266000000 | USD |
CY2018 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
16000000 | USD |
CY2018Q3 | nsm |
Servicing Advances Discount
ServicingAdvancesDiscount
|
246000000 | USD |
nsm |
Servicing Fee Income Accretion Expense
ServicingFeeIncomeAccretionExpense
|
78000000 | USD | |
nsm |
Servicing Fee Income Accretion Expense
ServicingFeeIncomeAccretionExpense
|
53000000 | USD | |
CY2016 | nsm |
Servicing Fee Income Accretion Expense
ServicingFeeIncomeAccretionExpense
|
200000000 | USD |
CY2017 | nsm |
Servicing Fee Income Accretion Expense
ServicingFeeIncomeAccretionExpense
|
161000000 | USD |
nsm |
Servicing Fee Income Amortization
ServicingFeeIncomeAmortization
|
64000000 | USD | |
nsm |
Servicing Fee Income Counter Party Revenue Share
ServicingFeeIncomeCounterPartyRevenueShare
|
68000000 | USD | |
nsm |
Servicing Fee Income Incentiveand Modification Income
ServicingFeeIncomeIncentiveandModificationIncome
|
17000000 | USD | |
nsm |
Servicing Fee Income Markto Market Adjustment
ServicingFeeIncomeMarktoMarketAdjustment
|
164000000 | USD | |
nsm |
Servicing Fee Income Net
ServicingFeeIncomeNet
|
236000000 | USD | |
CY2018Q4 | nsm |
Servicing Fees Receivable
ServicingFeesReceivable
|
145000000 | USD |
nsm |
Servicing Liabilityat Amortized Cost Accretion
ServicingLiabilityatAmortizedCostAccretion
|
15000000 | USD | |
CY2018 | nsm |
Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Asset Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxAssetProvisionalIncomeTaxExpenseBenefit
|
-3000000 | USD |
CY2018Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1543000000 | USD |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-9000000 | USD | |
CY2018Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
16000000 | USD |
CY2018Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1093000000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2000000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2000000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
23000000 | USD | |
CY2016 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
8000000 | USD |
CY2017 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5000000 | USD |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | USD | |
CY2018Q4 | us-gaap |
Assets
Assets
|
16973000000 | USD |
CY2018 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
1790000000 | USD |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
|
2000000 | USD |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
|
2000000 | USD |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
|
0 | USD |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
|
0 | USD |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
|
0 | USD |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
|
0 | USD |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
|
0 | USD |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
|
2000000 | USD |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
242000000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
561000000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1623000000 | USD |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1062000000 | USD | |
CY2018Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2018Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
3500000000 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
90800000 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
90811562 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1089738735 | shares |
CY2018Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1000000 | USD |
us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
421000000 | USD | |
us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-1015000000 | USD | |
CY2018Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
967000000 | USD |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1021000000 | USD | |
CY2018Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
256000000 | USD |
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-6000000 | USD | |
CY2018Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
4000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1515000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
964000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
1334000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
5000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
14000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
|
1000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
295000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
0 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
|
1000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
12000000 | USD |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
10000000 | USD | |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
7000000 | USD | |
CY2016 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
16000000 | USD |
CY2017 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
15000000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
39000000 | USD | |
CY2017Q4 | us-gaap |
Derivative Instruments In Hedges At Fair Value Net
DerivativeInstrumentsInHedgesAtFairValueNet
|
100000 | USD |
CY2018Q4 | us-gaap |
Derivative Instruments In Hedges At Fair Value Net
DerivativeInstrumentsInHedgesAtFairValueNet
|
100000 | USD |
CY2018Q4 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
0 | USD |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
11.13 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
9.65 | ||
CY2018Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.50 | |
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
10.99 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
9.54 | ||
CY2018Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.50 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
7.424 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | ||
CY2018Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
7.200 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
|
0.000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.010 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
-0.018 | ||
us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.042 | ||
CY2018Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
48000000 | USD |
CY2018 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y4M05D | |
CY2018Q3 | us-gaap |
Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
|
259000000 | USD |
us-gaap |
Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
|
418000000 | USD | |
CY2018Q4 | us-gaap |
Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
|
159000000 | USD |
CY2018Q4 | us-gaap |
Financial Services Liabilities
FinancialServicesLiabilities
|
494000000 | USD |
CY2018Q4 | us-gaap |
Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
|
285000000 | USD |
CY2018 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P4Y8M26D | |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
23000000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
0 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
47000000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
8000000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
13000000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
17000000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
32000000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
117000000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD | |
CY2018Q3 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
83000000 | USD |
us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
176000000 | USD | |
CY2018Q4 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
93000000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
370000000 | USD | |
CY2018Q4 | us-gaap |
Goodwill
Goodwill
|
23000000 | USD |
CY2018Q3 | us-gaap |
Goodwill
Goodwill
|
10000000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
13000000 | USD | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
CY2016 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2017 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
0 | USD | |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD | |
CY2016 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
11000000 | USD |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
41000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-137000000 | USD | |
CY2018Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-178000000 | USD |
us-gaap |
Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
|
0 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-979000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1021000000 | USD | |
CY2018Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-42000000 | USD |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-990000000 | USD | |
us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
0 | USD | |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-29000000 | USD | |
us-gaap |
Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
|
0 | USD | |
us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
1000000 | USD | |
us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
3000000 | USD | |
us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-6000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-37000000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-68000000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-43000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
61000000 | USD | |
us-gaap |
Increase Decrease In Receivables Under Repurchase Agreements
IncreaseDecreaseInReceivablesUnderRepurchaseAgreements
|
527000000 | USD | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
178000 | shares | |
CY2018Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
117000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
293000000 | USD | |
us-gaap |
Interest Income Other
InterestIncomeOther
|
256000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
283000000 | USD | |
CY2018Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
496000000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
337000000 | USD | |
us-gaap |
Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
34000000 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
19000000 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
16000000 | USD | |
CY2016 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
26000000 | USD |
CY2017 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
31000000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
15028000000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
16973000000 | USD |
CY2018Q4 | us-gaap |
Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
|
1631000000 | USD |
CY2018Q3 | us-gaap |
Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
|
1514000000 | USD |
us-gaap |
Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
|
8890000000 | USD | |
us-gaap |
Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
|
9304000000 | USD | |
CY2017Q4 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
1000000 | USD |
CY2018Q4 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
12000000 | USD |
us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
33000000 | USD | |
us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
17000000 | USD | |
CY2016 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
58000000 | USD |
CY2017 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
57000000 | USD |
CY2018Q4 | us-gaap |
Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
|
809000000 | USD |
CY2018Q4 | us-gaap |
Minority Interest
MinorityInterest
|
3000000 | USD |
CY2017Q4 | us-gaap |
Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
|
51000000 | USD |
CY2018Q4 | us-gaap |
Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
|
33000000 | USD |
us-gaap |
Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
|
225000000 | USD | |
CY2018Q4 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
1631000000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2063000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-250000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1251000000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1020000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
884000000 | USD | |
CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-136000000 | USD |
CY2018Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD | |
CY2018Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1011000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
13000000 | USD | |
us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
8888000000 | USD | |
CY2018Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
244000000 | USD |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
31000000 | USD | |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
16000000 | USD | |
CY2016 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
56000000 | USD |
CY2017 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
54000000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
876000000 | USD | |
CY2018Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-136000000 | USD |
CY2018Q4 | us-gaap |
Non Recourse Debt
NonRecourseDebt
|
6795000000 | USD |
us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
3000000 | USD | |
CY2018Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-26000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-24000000 | USD | |
CY2018Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2000000 | USD |
CY2018Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
2349000000 | USD |
CY2018 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | segment |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
275000000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
707000000 | USD | |
CY2018Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
432000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
148000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
32000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
16000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
24000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
30000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
46000000 | USD |
CY2018Q4 | us-gaap |
Other Assets
OtherAssets
|
795000000 | USD |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
15000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
0 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
2000000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
33000000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
|
307000000 | USD | |
CY2018Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2018Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
1000000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
1000000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2009Q4 | us-gaap |
Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
|
222000000 | USD |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
3000000 | USD | |
us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
343000000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
45000000 | USD | |
us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-351000000 | USD | |
us-gaap |
Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
13382000000 | USD | |
us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
9397000000 | USD | |
CY2016 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
21942000000 | USD |
CY2017 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
20772000000 | USD |
us-gaap |
Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
|
105000000 | USD | |
CY2018Q3 | us-gaap |
Profit Loss
ProfitLoss
|
1020000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
884000000 | USD | |
CY2018Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-136000000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
112000000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
96000000 | USD |
CY2018Q4 | us-gaap |
Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
|
48000000 | USD |
CY2018Q3 | us-gaap |
Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
|
56000000 | USD |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
374000000 | USD | |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
1030000000 | USD | |
CY2018Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
319000000 | USD |
CY2018Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
319000000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
848000000 | USD |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
342000000 | USD |
us-gaap |
Revenues
Revenues
|
594000000 | USD | |
CY2018Q4 | us-gaap |
Revenues
Revenues
|
252000000 | USD |
CY2018Q4 | us-gaap |
Secured Debt
SecuredDebt
|
595000000 | USD |
CY2018Q4 | us-gaap |
Servicing Asset
ServicingAsset
|
3676000000 | USD |
CY2018Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
3665000000 | USD |
CY2018Q4 | us-gaap |
Servicing Liability At Amortized Value Balance
ServicingLiabilityAtAmortizedValueBalance
|
71000000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2000000 | USD | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1942000000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1945000000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1056000000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.0833 | |
CY2018Q4 | us-gaap |
Transfers Accounted For As Secured Borrowings Assets Carrying Amount
TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount
|
816000000 | USD |
CY2018Q4 | us-gaap |
Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount
TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount
|
535000000 | USD |
CY2018Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
0 | shares |
CY2018Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
0 | USD |
CY2018Q3 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
9000000 | USD |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
8000000 | USD | |
CY2018Q4 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | USD |
CY2018Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2018Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
0 | USD | |
us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
0 | USD | |
CY2017 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
2000000 | USD |
us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
0 | USD | |
us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
0 | USD | |
CY2017 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
19000000 | USD |
CY2018Q1 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
6000000 | USD |
CY2018Q4 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
2459000000 | USD |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
91830000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90813000 | shares | |
CY2018 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made in the Predecessor’s consolidated statement of cash flow to conform to the Successor’s 2018 presentation. Such reclassifications did not affect total revenues or net income. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> | |
CY2018 | us-gaap |
Revenue Recognition Interest
RevenueRecognitionInterest
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Interest Income</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest income is recognized on loans held for sale for the period from loan funding to sale, which is typically within 30 days. Loans are placed on non-accrual status when any portion of the principal or interest is 90 days past due. Loans return to accrual status when the principal and interest become current and it is probable that the amounts are fully collectible. For individual loans that have been modified, a period of six timely payments is required before the loan is returned to an accrual basis. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest income also includes interest earned on custodial cash deposits associated with the mortgage loans serviced, and interest earned on reverse mortgage interests. Reverse mortgage interests accrue interest income in accordance with FHA guidelines.</font></div></div> | |
CY2018 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from these estimates due to factors such as adverse changes in the economy, increases in interest rates, secondary market pricing for loans held for sale and derivatives, strength of underwriting and servicing practices, changes in prepayment assumptions, declines in home prices or discrete events adversely affecting specific borrowers, and such differences could be material. |