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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 181 $ 242
Restricted cash 339 319
Mortgage servicing rights, $3,481 and $3,665 at fair value, respectively 3,488 3,676
Advances and other receivables, net of reserves of $71 and $47, respectively 1,147 1,194
Reverse mortgage interests, net of reserves of $8 and $13, respectively 7,489 7,934
Mortgage loans held for sale at fair value 2,170 1,631
Mortgage loans held for investment at fair value 118 119
Property and equipment, net of accumulated depreciation of $27 and $16, respectively 112 96
Deferred tax asset, net 1,024 967
Other assets 1,578 795
Total assets 17,646 16,973
Liabilities and Stockholders’ Equity    
Unsecured senior notes, net 2,461 2,459
Advance facilities, net 578 595
Warehouse facilities, net 3,050 2,349
Payables and other liabilities 1,975 1,543
MSR related liabilities - nonrecourse at fair value 1,343 1,216
Mortgage servicing liabilities 90 71
Other nonrecourse debt, net 6,388 6,795
Total liabilities 15,885 15,028
Commitments and contingencies (Note 18)
Preferred stock at $0.00001 - 10 million shares authorized, 1 million shares issued and outstanding, respectively; aggregate liquidation preference of ten dollars, respectively 0 0
Common stock at $0.01 par value - 300 million shares authorized, 91.0 million and 90.8 million shares issued, respectively 1 1
Additional paid-in-capital 1,095 1,093
Retained earnings 662 848
Total Mr. Cooper stockholders’ equity 1,758 1,942
Non-controlling interests 3 3
Total stockholders’ equity 1,761 1,945
Total liabilities and stockholders’ equity $ 17,646 $ 16,973