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Business Segment Reporting - Financial Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Revenues:          
Service related, net $ 12 $ 137 $ (41) $ 221  
Net gain on mortgage loans held for sale 618 262 949 428  
Total revenues 630 399 908 649  
Total expenses 419 492 863 935  
Other income (expenses)          
Interest income 76 162 194 296  
Interest expense (177) (187) (369) (376)  
Other income (expenses), net 0 1 1 16  
Total other expenses, net (101) (24) (174) (64)  
Income (loss) before income tax expense (benefit) 110 (117) (129) (350)  
Depreciation and amortization for property and equipment and intangible assets 18 24 37 45  
Total assets 17,300 18,405 17,300 18,405 $ 18,305
Operating Segments | Servicing          
Revenues:          
Service related, net (114) 9 (294) (18)  
Net gain on mortgage loans held for sale 45 18 79 53  
Total revenues (69) 27 (215) 35  
Total expenses 122 189 271 384  
Other income (expenses)          
Interest income 57 136 140 251  
Interest expense (117) (109) (230) (223)  
Other income (expenses), net 0 0 0 0  
Total other expenses, net (60) 27 (90) 28  
Income (loss) before income tax expense (benefit) (251) (135) (576) (321)  
Depreciation and amortization for property and equipment and intangible assets 5 4 8 8  
Total assets 10,736 12,906 10,736 12,906  
Operating Segments | Originations          
Revenues:          
Service related, net 21 20 41 35  
Net gain on mortgage loans held for sale 573 244 870 375  
Total revenues 594 264 911 410  
Total expenses 167 145 333 249  
Other income (expenses)          
Interest income 19 23 53 40  
Interest expense (13) (25) (40) (43)  
Other income (expenses), net 0 1 0 5  
Total other expenses, net 6 (1) 13 2  
Income (loss) before income tax expense (benefit) 433 118 591 163  
Depreciation and amortization for property and equipment and intangible assets 4 6 7 9  
Total assets 3,592 3,462 3,592 3,462  
Operating Segments | Xome          
Revenues:          
Service related, net 106 108 212 204  
Net gain on mortgage loans held for sale 0 0 0 0  
Total revenues 106 108 212 204  
Total expenses 95 101 191 200  
Other income (expenses)          
Interest income 0 0 0 0  
Interest expense 0 0 0 0  
Other income (expenses), net 1 0 2 11  
Total other expenses, net 1 0 2 11  
Income (loss) before income tax expense (benefit) 12 7 23 15  
Depreciation and amortization for property and equipment and intangible assets 3 3 6 7  
Total assets 135 112 135 112  
Corporate/Other          
Revenues:          
Service related, net (1) 0 0 0  
Net gain on mortgage loans held for sale 0 0 0 0  
Total revenues (1) 0 0 0  
Total expenses 35 57 68 102  
Other income (expenses)          
Interest income 0 3 1 5  
Interest expense (47) (53) (99) (110)  
Other income (expenses), net (1) 0 (1) 0  
Total other expenses, net (48) (50) (99) (105)  
Income (loss) before income tax expense (benefit) (84) (107) (167) (207)  
Depreciation and amortization for property and equipment and intangible assets 6 11 16 21  
Total assets $ 2,837 $ 1,925 $ 2,837 $ 1,925