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Unaudited Condensed 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
Treasury Share Amount
Total Mr. Cooper Stockholders’ Equity
Total Mr. Cooper Stockholders’ Equity
Cumulative effect, period of adoption, adjustment
Non-controlling Interests
Shares outstanding, beginning balance (in shares) at Dec. 31, 2019     1,000 91,118              
Stockholders' equity, beginning balance at Dec. 31, 2019 $ 2,231   $ 0 $ 1 $ 1,109 $ 1,122   $ 0 $ 2,232   $ (1)
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 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 $ 7 $ 0 $ 1 1,120 1,243 $ 7 (24) 2,340 $ 7 1
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   0 2,149   (4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued / (surrendered) under incentive compensation plan (in shares)       19              
Shares issued / (surrendered) under incentive compensation plan 0       0       0    
Share-based compensation 6       6       6    
Repurchase of common stock (in shares)       (1,187)              
Repurchase of common stock (24)             (24) (24)    
Net income 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 $ 7 $ 0 $ 1 1,120 1,243 $ 7 (24) 2,340 $ 7 1
Shares outstanding, beginning balance (in shares) at Dec. 31, 2020     1,000 89,457              
Stockholders' equity, beginning balance at Dec. 31, 2020 2,504   $ 0 $ 1 1,126 1,434   (58) 2,503   1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued / (surrendered) under incentive compensation plan (in shares)       1,242              
Shares issued / (surrendered) under incentive compensation plan (20)       (20)       (20)    
Share-based compensation 21       21       21    
Repurchase of common stock (in shares)       (15,578)              
Repurchase of common stock (516)             (516) (516)    
Stock Repurchased and Retired During Period, Shares     (1,000)                
Stock Repurchased and Retired During Period, Value (28)       (19) (9)     (28)    
Net income 1,299         1,299     1,299   0
Shares outstanding, ending balance (in shares) at Sep. 30, 2021     0 75,121              
Stockholders' equity, ending balance at Sep. 30, 2021 3,260   $ 0 $ 1 1,108 2,724   (574) 3,259   1
Shares outstanding, beginning balance (in shares) at Jun. 30, 2021     1,000 86,149              
Stockholders' equity, beginning balance at Jun. 30, 2021 3,350   $ 0 $ 1 1,120 2,434   (206) 3,349   1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued / (surrendered) under incentive compensation plan (in shares)       45              
Shares issued / (surrendered) under incentive compensation plan 0       0       0    
Share-based compensation 7       7       7    
Repurchase of common stock (in shares)       (11,073)              
Repurchase of common stock (368)             (368) (368)    
Stock Repurchased and Retired During Period, Shares     (1,000)                
Stock Repurchased and Retired During Period, Value (28)       (19) (9)     (28)    
Net income 299         299     299   0
Shares outstanding, ending balance (in shares) at Sep. 30, 2021     0 75,121              
Stockholders' equity, ending balance at Sep. 30, 2021 $ 3,260   $ 0 $ 1 $ 1,108 $ 2,724   $ (574) $ 3,259   $ 1