Was at 39 reps exalted including all characters in horde faction. Turned in the 2 quests to Thorim for sons of hodir rep which put me halfway through honored (numbers added up right). And it randomly gave me an extra (phantom rep) to put me at 40 total. Got The Exalted achievement and title. No clue why. Didn’t say I was exalted with a new faction or rep. Just gave the achievement and title for no reason. Not even mad, just wished I knew why. Warbands bug I assume ??
Think i figured it. They took Bloodsail Bucaneers off the rep list, and I had them exalted. (only rep I couldn’t find). That must be a phantom rep now. I tested it just now, you can still gain or lose rep by killing them. But you can’t track it.