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Guarantor Financial Statement Information - Consolidating Balance Sheets (Details) - USD ($)
$ in Millions
Sep. 30, 2019
Jun. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Jul. 31, 2018
Assets          
Cash and cash equivalents $ 371   $ 242 $ 198  
Restricted cash 271   319    
Mortgage servicing rights 3,346   3,676    
Advances and other receivables, net 967   1,194    
Reverse mortgage interests, net 6,662   7,934    
Mortgage loans held for sale at fair value 4,267   1,631    
Mortgage loans held for investment at fair value 0   119    
Property and equipment, net 113   96    
Deferred tax asset, net 1,032   967    
Other assets 1,449   795    
Investment in subsidiaries 0   0    
Total assets 18,478   16,973 17,728  
Liabilities and Stockholders’ Equity          
Unsecured senior notes, net 2,464   2,459    
Advance facilities 513   595    
Warehouse facilities 4,802   2,349    
Payables and other liabilities 2,002   1,543    
MSR related liabilities - nonrecourse at fair value 1,328   1,216    
Mortgage servicing liabilities 69   71    
Other nonrecourse debt, net 5,533   6,795    
Payables to affiliates 0   0    
Total liabilities 16,711   15,028    
Total stockholders’ equity 1,767 $ 1,678 1,945 $ 2,078 $ 1,056
Total liabilities and stockholders’ equity 18,478   16,973    
Eliminations          
Assets          
Cash and cash equivalents 0   0    
Restricted cash 0   0    
Mortgage servicing rights 0   0    
Advances and other receivables, net 0   0    
Reverse mortgage interests, net 0   0    
Mortgage loans held for sale at fair value 0   0    
Mortgage loans held for investment at fair value     0    
Property and equipment, net 0   0    
Deferred tax asset, net 0   0    
Other assets (895)   (688)    
Investment in subsidiaries (3,294)   (3,421)    
Total assets (4,189)   (4,109)    
Liabilities and Stockholders’ Equity          
Unsecured senior notes, net 0   0    
Advance facilities 0   0    
Warehouse facilities 0   0    
Payables and other liabilities 0   0    
MSR related liabilities - nonrecourse at fair value 0   0    
Mortgage servicing liabilities 0   0    
Other nonrecourse debt, net 0   0    
Payables to affiliates (895)   (688)    
Total liabilities (895)   (688)    
Total stockholders’ equity (3,294)   (3,421)    
Total liabilities and stockholders’ equity (4,189)   (4,109)    
Mr. Cooper | Reportable entities          
Assets          
Cash and cash equivalents 0   0    
Restricted cash 0   0    
Mortgage servicing rights 0   0    
Advances and other receivables, net 0   0    
Reverse mortgage interests, net 0   0    
Mortgage loans held for sale at fair value 0   0    
Mortgage loans held for investment at fair value     0    
Property and equipment, net 0   0    
Deferred tax asset, net 984   973    
Other assets 0   0    
Investment in subsidiaries 2,612   2,820    
Total assets 3,596   3,793    
Liabilities and Stockholders’ Equity          
Unsecured senior notes, net 1,665   1,660    
Advance facilities 0   0    
Warehouse facilities 0   0    
Payables and other liabilities 23   49    
MSR related liabilities - nonrecourse at fair value 0   0    
Mortgage servicing liabilities 0   0    
Other nonrecourse debt, net 0   0    
Payables to affiliates 141   139    
Total liabilities 1,829   1,848    
Total stockholders’ equity 1,767   1,945    
Total liabilities and stockholders’ equity 3,596   3,793    
Issuer | Reportable entities          
Assets          
Cash and cash equivalents 331   193    
Restricted cash 155   186    
Mortgage servicing rights 3,322   3,644    
Advances and other receivables, net 966   1,194    
Reverse mortgage interests, net 5,733   6,770    
Mortgage loans held for sale at fair value 4,267   1,631    
Mortgage loans held for investment at fair value     1    
Property and equipment, net 94   84    
Deferred tax asset, net 46   0    
Other assets 1,317   660    
Investment in subsidiaries 682   601    
Total assets 16,913   14,964    
Liabilities and Stockholders’ Equity          
Unsecured senior notes, net 799   799    
Advance facilities 64   90    
Warehouse facilities 4,802   2,349    
Payables and other liabilities 1,905   1,413    
MSR related liabilities - nonrecourse at fair value 1,313   1,197    
Mortgage servicing liabilities 69   71    
Other nonrecourse debt, net 4,596   5,676    
Payables to affiliates 753   549    
Total liabilities 14,301   12,144    
Total stockholders’ equity 2,612   2,820    
Total liabilities and stockholders’ equity 16,913   14,964    
Guarantor (Subsidiaries of Issuer) | Reportable entities          
Assets          
Cash and cash equivalents 1   1    
Restricted cash 0   0    
Mortgage servicing rights 0   0    
Advances and other receivables, net 0   0    
Reverse mortgage interests, net 0   0    
Mortgage loans held for sale at fair value 0   0    
Mortgage loans held for investment at fair value     0    
Property and equipment, net 0   0    
Deferred tax asset, net 0   0    
Other assets 213   202    
Investment in subsidiaries 0   0    
Total assets 214   203    
Liabilities and Stockholders’ Equity          
Unsecured senior notes, net 0   0    
Advance facilities 0   0    
Warehouse facilities 0   0    
Payables and other liabilities 2   1    
MSR related liabilities - nonrecourse at fair value 0   0    
Mortgage servicing liabilities 0   0    
Other nonrecourse debt, net 0   0    
Payables to affiliates 0   0    
Total liabilities 2   1    
Total stockholders’ equity 212   202    
Total liabilities and stockholders’ equity 214   203    
Non-Guarantor (Subsidiaries of Issuer) | Reportable entities          
Assets          
Cash and cash equivalents 39   48    
Restricted cash 116   133    
Mortgage servicing rights 24   32    
Advances and other receivables, net 1   0    
Reverse mortgage interests, net 929   1,164    
Mortgage loans held for sale at fair value 0   0    
Mortgage loans held for investment at fair value     118    
Property and equipment, net 19   12    
Deferred tax asset, net 2   (6)    
Other assets 814   621    
Investment in subsidiaries 0   0    
Total assets 1,944   2,122    
Liabilities and Stockholders’ Equity          
Unsecured senior notes, net 0   0    
Advance facilities 449   505    
Warehouse facilities 0   0    
Payables and other liabilities 72   80    
MSR related liabilities - nonrecourse at fair value 15   19    
Mortgage servicing liabilities 0   0    
Other nonrecourse debt, net 937   1,119    
Payables to affiliates 1   0    
Total liabilities 1,474   1,723    
Total stockholders’ equity 470   399    
Total liabilities and stockholders’ equity $ 1,944   $ 2,122