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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 579 $ 329
Restricted cash 266 283
Mortgage servicing rights, $3,109 and $3,496 at fair value, respectively 3,115 3,502
Advances and other receivables, net of reserves of $193 and $175, respectively 685 988
Reverse mortgage interests, net of reserves of $3 and $3, respectively 5,955 6,279
Mortgage loans held for sale at fair value 3,922 4,077
Property and equipment, net of accumulated depreciation of $65 and $55, respectively 111 112
Deferred tax assets, net 1,411 1,345
Other assets 1,569 1,390
Total assets 17,613 18,305
Liabilities and Stockholders’ Equity    
Unsecured senior notes, net 2,259 2,366
Advance facilities, net 489 422
Warehouse facilities, net 4,551 4,575
Payables and other liabilities 1,965 2,016
MSR related liabilities - nonrecourse at fair value 1,285 1,348
Mortgage servicing liabilities 53 61
Other nonrecourse debt, net 4,945 5,286
Total liabilities 15,547 16,074
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, 92.0 million and 91.1 million shares issued, respectively 1 1
Additional paid-in-capital 1,108 1,109
Retained earnings 961 1,122
Total Mr. Cooper stockholders’ equity 2,070 2,232
Non-controlling interests (4) (1)
Total stockholders’ equity 2,066 2,231
Total liabilities and stockholders’ equity $ 17,613 $ 18,305