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Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Earnings Per Share [Abstract]        
Net income (loss) attributable to Mr. Cooper $ 209 $ 84 $ 114 $ (189)
Less: Undistributed earnings attributable to participating stockholders 2 1 1 0
Net income (loss) attributable to common stockholders $ 207 $ 83 $ 113 $ (189)
Net income (loss) per common share attributable to Mr. Cooper:        
Basic (in dollars per share) $ 2.26 $ 0.91 $ 1.23 $ (2.08)
Diluted (in dollars per share) $ 2.18 $ 0.90 $ 1.20 $ (2.08)
Weighted average shares of common stock outstanding (in thousands):        
Basic (in shares) 91,682 91,080 91,688 91,012
Dilutive effect of stock awards (in shares) 2,563 117 1,529 0
Dilutive effect of participating securities (in shares) 839 839 839 0
Diluted (in shares) 95,084 92,036 94,056 91,012