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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 198  
Restricted cash 332  
Mortgage servicing rights, $3,485 and $2,937 at fair value, respectively 3,500  
Advances and other receivables, net of reserves of $20 and $284, respectively 1,174  
Reverse mortgage interests, net of reserves of $1 and $115, respectively 8,886  
Mortgage loans held for sale at fair value 1,681  
Mortgage loans held for investment, $122 and $0 at fair value, respectively 122  
Property and equipment, net of accumulated depreciation of $9 and $169, respectively 102  
Deferred tax asset 934  
Other assets 799  
Total assets 17,728  
Liabilities and Stockholders' Equity    
Unsecured senior notes, net 2,457  
Advance facilities, net 596  
Warehouse facilities, net 2,888  
Payables and accrued liabilities 1,342  
MSR related liabilities - nonrecourse at fair value 1,123  
Mortgage servicing liabilities 79  
Other nonrecourse debt, net 7,165  
Total liabilities 15,650  
Commitments and contingencies (Note 18)  
Preferred stock at $0.00001 and $0.01 par value - 10 million and 300 million shares authorized, 1 million and zero shares issued and outstanding for Successor and Predecessor, respectively; aggregate liquidation preference of ten and zero dollars for Successor and Predecessor, respectively 0  
Common stock at $0.01 and $0.01 par value - 300 million and 1 billion shares authorized, 90.8 million and 109.9 million shares issued for Successor and Predecessor, respectively 1  
Additional paid-in-capital 1,093  
Retained earnings 984  
Treasury shares at cost, zero and 12,187 thousand shares for Successor and Predecessor, respectively 0  
Total Mr. Cooper stockholders' equity and Nationstar stockholders' equity, respectively 2,078  
Non-controlling interests 0  
Total stockholders' equity 2,078  
Total liabilities and stockholders' equity $ 17,728  
Predecessor    
Assets    
Cash and cash equivalents   $ 215
Restricted cash   360
Mortgage servicing rights, $3,485 and $2,937 at fair value, respectively   2,941
Advances and other receivables, net of reserves of $20 and $284, respectively   1,706
Reverse mortgage interests, net of reserves of $1 and $115, respectively   9,984
Mortgage loans held for sale at fair value   1,891
Mortgage loans held for investment, $122 and $0 at fair value, respectively   139
Property and equipment, net of accumulated depreciation of $9 and $169, respectively   121
Deferred tax asset   0
Other assets   679
Total assets   18,036
Liabilities and Stockholders' Equity    
Unsecured senior notes, net   1,874
Advance facilities, net   855
Warehouse facilities, net   3,285
Payables and accrued liabilities   1,239
MSR related liabilities - nonrecourse at fair value   1,006
Mortgage servicing liabilities   41
Other nonrecourse debt, net   8,014
Total liabilities   16,314
Commitments and contingencies (Note 18)  
Preferred stock at $0.00001 and $0.01 par value - 10 million and 300 million shares authorized, 1 million and zero shares issued and outstanding for Successor and Predecessor, respectively; aggregate liquidation preference of ten and zero dollars for Successor and Predecessor, respectively   0
Common stock at $0.01 and $0.01 par value - 300 million and 1 billion shares authorized, 90.8 million and 109.9 million shares issued for Successor and Predecessor, respectively   1
Additional paid-in-capital   1,131
Retained earnings   731
Treasury shares at cost, zero and 12,187 thousand shares for Successor and Predecessor, respectively   (148)
Total Mr. Cooper stockholders' equity and Nationstar stockholders' equity, respectively   1,715
Non-controlling interests   7
Total stockholders' equity   1,722
Total liabilities and stockholders' equity   $ 18,036