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Unaudited Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Cumulative effect, period of adoption, adjustment
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative effect, period of adoption, adjustment
Total Mr. Cooper Stockholders’ Equity
Total Mr. Cooper Stockholders’ Equity
Cumulative effect, period of adoption, adjustment
Non-controlling Interests
Treasury Stock
Shares outstanding, beginning balance (in shares) at Dec. 31, 2018     1,000 90,821              
Stockholders' equity, beginning balance at Dec. 31, 2018 $ 1,945   $ 0 $ 1 $ 1,093 $ 848   $ 1,942   $ 3 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued / (surrendered) under incentive compensation plan (in shares)       266              
Shares issued / (surrendered) under incentive compensation plan (1)       (1)     (1)      
Share-based compensation 14       14     14      
Net income (loss) (191)         (189)   (189)   (2)  
Shares outstanding, ending balance (in shares) at Sep. 30, 2019     1,000 91,087              
Stockholders' equity, ending balance at Sep. 30, 2019 1,767   $ 0 $ 1 1,106 659   1,766   1 0
Shares outstanding, beginning balance (in shares) at Dec. 31, 2018     1,000 90,821              
Stockholders' equity, beginning balance at Dec. 31, 2018 1,945   $ 0 $ 1 1,093 848   1,942   3 0
Shares outstanding, ending balance (in shares) at Dec. 31, 2019     1,000 91,118              
Stockholders' equity, ending balance at Dec. 31, 2019 $ 2,231 $ 7 $ 0 $ 1 1,109 1,122 $ 7 2,232 $ 7 (1) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Accounting standards update us-gaap:AccountingStandardsUpdate201613Member                    
Shares outstanding, beginning balance (in shares) at Jun. 30, 2019     1,000 91,061              
Stockholders' equity, beginning balance at Jun. 30, 2019 $ 1,678   $ 0 $ 1 1,100 575   1,676   2 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued / (surrendered) under incentive compensation plan (in shares)       26              
Shares issued / (surrendered) under incentive compensation plan 1       1     1      
Share-based compensation 5       5     5      
Net income (loss) 83         84   84   (1)  
Shares outstanding, ending balance (in shares) at Sep. 30, 2019     1,000 91,087              
Stockholders' equity, ending balance at Sep. 30, 2019 1,767   $ 0 $ 1 1,106 659   1,766   1 0
Shares outstanding, beginning balance (in shares) at Dec. 31, 2019     1,000 91,118              
Stockholders' equity, beginning balance at Dec. 31, 2019 2,231 $ 7 $ 0 $ 1 1,109 1,122 $ 7 2,232 $ 7 (1) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued / (surrendered) under incentive compensation plan (in shares)       923              
Shares issued / (surrendered) under incentive compensation plan (5)       (5)     (5)      
Share-based compensation 16       16     16      
Repurchase of common stock (in shares)       (1,187)              
Repurchase of common stock (24)             (24)     (24)
Net income (loss) 116         114   114   2  
Shares outstanding, ending balance (in shares) at Sep. 30, 2020     1,000 90,854              
Stockholders' equity, ending balance at Sep. 30, 2020 $ 2,341   $ 0 $ 1 1,120 1,243   2,340   1 (24)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Accounting standards update us-gaap:AccountingStandardsUpdate201613Member                    
Shares outstanding, beginning balance (in shares) at Jun. 30, 2020     1,000 92,022              
Stockholders' equity, beginning balance at Jun. 30, 2020 $ 2,145   $ 0 $ 1 1,114 1,034   2,149   (4) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued / (surrendered) under incentive compensation plan (in shares)       19              
Share-based compensation 6       6     6      
Repurchase of common stock (in shares)       (1,187)              
Repurchase of common stock (24)             (24)     (24)
Net income (loss) 214         209   209   5  
Shares outstanding, ending balance (in shares) at Sep. 30, 2020     1,000 90,854              
Stockholders' equity, ending balance at Sep. 30, 2020 $ 2,341   $ 0 $ 1 $ 1,120 $ 1,243   $ 2,340   $ 1 $ (24)