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Unaudited Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Service related, net $ (53) $ 84
Net gain on mortgage loans held for sale 331 166
Total revenues 278 250
Expenses:    
Salaries, wages and benefits 246 215
General and administrative 198 228
Total expenses 444 443
Other income (expenses), net:    
Interest income 118 134
Interest expense (192) (189)
Other income, net 1 15
Total other income (expenses), net (73) (40)
Loss before income tax benefit (239) (233)
Less: Income tax benefit (68) (47)
Net loss (171) (186)
Less: Net loss attributable to non-controlling interests (3) 0
Net loss attributable to Mr. Cooper (168) (186)
Less: Undistributed earnings attributable to participating stockholders 0 0
Net loss attributable to common stockholders $ (168) $ (186)
Net loss per common share attributable to Mr. Cooper:    
Basic (in dollars per share) $ (1.84) $ (2.05)
Diluted (in dollars per share) $ (1.84) $ (2.05)