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Guarantor Financial Statement Information - Consolidating Balance Sheets (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Aug. 01, 2018
Jul. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Assets            
Cash and cash equivalents $ 329 $ 242   $ 166 $ 215  
Restricted cash 283 319   430 360  
Mortgage servicing rights 3,502 3,676        
Advances and other receivables, net 988 1,194        
Reverse mortgage interests, net 6,279 7,934        
Mortgage loans held for sale at fair value 4,077 1,631        
Mortgage loans held for investment, net 0 119        
Property and equipment, net 112 96        
Deferred tax assets, net 1,345 967        
Other assets 1,390 795        
Investment in subsidiaries 0 0        
Total assets 18,305 16,973   17,026 18,036  
Liabilities and Stockholders’ Equity            
Unsecured senior notes, net 2,366 2,459        
Advance facilities, net 422 595        
Warehouse facilities, net 4,575 2,349        
Payables and other liabilities 2,016 1,543        
MSR related liabilities - nonrecourse at fair value 1,348 1,216        
Mortgage servicing liabilities 61 71        
Other nonrecourse debt, net 5,286 6,795        
Payables to affiliates 0 0        
Total liabilities 16,074 15,028        
Total stockholders’ equity 2,231 1,945 $ 1,056 $ 1,883 $ 1,722 $ 1,683
Total liabilities and stockholders’ equity 18,305 16,973        
Reportable legal entities | Mr. Cooper            
Assets            
Cash and cash equivalents 0 0        
Restricted cash 0 0        
Mortgage servicing rights 0 0        
Advances and other receivables, net 0 0        
Reverse mortgage interests, net 0 0        
Mortgage loans held for sale at fair value 0 0        
Mortgage loans held for investment, net   0        
Property and equipment, net 0 0        
Deferred tax assets, net 1,273 973        
Other assets 0 0        
Investment in subsidiaries 2,828 2,820        
Total assets 4,101 3,793        
Liabilities and Stockholders’ Equity            
Unsecured senior notes, net 1,667 1,660        
Advance facilities, net 0 0        
Warehouse facilities, net 0 0        
Payables and other liabilities 63 49        
MSR related liabilities - nonrecourse at fair value 0 0        
Mortgage servicing liabilities 0 0        
Other nonrecourse debt, net 0 0        
Payables to affiliates 140 139        
Total liabilities 1,870 1,848        
Total stockholders’ equity 2,231 1,945        
Total liabilities and stockholders’ equity 4,101 3,793        
Reportable legal entities | Issuer            
Assets            
Cash and cash equivalents 287 193        
Restricted cash 175 186        
Mortgage servicing rights 3,478 3,644        
Advances and other receivables, net 988 1,194        
Reverse mortgage interests, net 5,312 6,770        
Mortgage loans held for sale at fair value 4,077 1,631        
Mortgage loans held for investment, net   1        
Property and equipment, net 92 84        
Deferred tax assets, net 70 0        
Other assets 1,279 660        
Investment in subsidiaries 698 601        
Total assets 16,456 14,964        
Liabilities and Stockholders’ Equity            
Unsecured senior notes, net 699 799        
Advance facilities, net 63 90        
Warehouse facilities, net 4,575 2,349        
Payables and other liabilities 1,882 1,413        
MSR related liabilities - nonrecourse at fair value 1,334 1,197        
Mortgage servicing liabilities 61 71        
Other nonrecourse debt, net 4,299 5,676        
Payables to affiliates 715 549        
Total liabilities 13,628 12,144        
Total stockholders’ equity 2,828 2,820        
Total liabilities and stockholders’ equity 16,456 14,964        
Reportable legal entities | Guarantor (Subsidiaries of Issuer)            
Assets            
Cash and cash equivalents 1 1        
Restricted cash 0 0        
Mortgage servicing rights 0 0        
Advances and other receivables, net 0 0        
Reverse mortgage interests, net 0 0        
Mortgage loans held for sale at fair value 0 0        
Mortgage loans held for investment, net   0        
Property and equipment, net 0 0        
Deferred tax assets, net 0 0        
Other assets 215 202        
Investment in subsidiaries 0 0        
Total assets 216 203        
Liabilities and Stockholders’ Equity            
Unsecured senior notes, net 0 0        
Advance facilities, net 0 0        
Warehouse facilities, net 0 0        
Payables and other liabilities 1 1        
MSR related liabilities - nonrecourse at fair value 0 0        
Mortgage servicing liabilities 0 0        
Other nonrecourse debt, net 0 0        
Payables to affiliates 0 0        
Total liabilities 1 1        
Total stockholders’ equity 215 202        
Total liabilities and stockholders’ equity 216 203        
Reportable legal entities | Non-Guarantor (Subsidiaries of Issuer)            
Assets            
Cash and cash equivalents 41 48        
Restricted cash 108 133        
Mortgage servicing rights 24 32        
Advances and other receivables, net 0 0        
Reverse mortgage interests, net 967 1,164        
Mortgage loans held for sale at fair value 0 0        
Mortgage loans held for investment, net   118        
Property and equipment, net 20 12        
Deferred tax assets, net 2 (6)        
Other assets 751 621        
Investment in subsidiaries 0 0        
Total assets 1,913 2,122        
Liabilities and Stockholders’ Equity            
Unsecured senior notes, net 0 0        
Advance facilities, net 359 505        
Warehouse facilities, net 0 0        
Payables and other liabilities 70 80        
MSR related liabilities - nonrecourse at fair value 14 19        
Mortgage servicing liabilities 0 0        
Other nonrecourse debt, net 987 1,119        
Payables to affiliates 0 0        
Total liabilities 1,430 1,723        
Total stockholders’ equity 483 399        
Total liabilities and stockholders’ equity 1,913 2,122        
Eliminations            
Assets            
Cash and cash equivalents 0 0        
Restricted cash 0 0        
Mortgage servicing rights 0 0        
Advances and other receivables, net 0 0        
Reverse mortgage interests, net 0 0        
Mortgage loans held for sale at fair value 0 0        
Mortgage loans held for investment, net   0        
Property and equipment, net 0 0        
Deferred tax assets, net 0 0        
Other assets (855) (688)        
Investment in subsidiaries (3,526) (3,421)        
Total assets (4,381) (4,109)        
Liabilities and Stockholders’ Equity            
Unsecured senior notes, net 0 0        
Advance facilities, net 0 0        
Warehouse facilities, net 0 0        
Payables and other liabilities 0 0        
MSR related liabilities - nonrecourse at fair value 0 0        
Mortgage servicing liabilities 0 0        
Other nonrecourse debt, net 0 0        
Payables to affiliates (855) (688)        
Total liabilities (855) (688)        
Total stockholders’ equity (3,526) (3,421)        
Total liabilities and stockholders’ equity $ (4,381) $ (4,109)