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Business Segment Reporting - Financial Information (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Revenues:          
Service related, net $ 227 $ 258 $ 186 $ 479  
Net gain on mortgage loans held for sale 645 360 1,594 788  
Total revenues 872 618 1,780 1,267  
Total expenses 431 478 1,294 1,413  
Other income (expenses)          
Interest income 56 163 250 459  
Interest expense (165) (196) (534) (572)  
Other income (expenses), net (51) 0 (50) 16  
Total other expenses, net (160) (33) (334) (97)  
Income (loss) before income tax expense (benefit) 281 107 152 (243)  
Depreciation and amortization for property and equipment and intangible assets 19 22 56 67  
Total assets 21,755 18,478 21,755 18,478 $ 18,305
Operating Segments | Servicing          
Revenues:          
Service related, net 92 126 (202) 108  
Net gain on mortgage loans held for sale 40 37 119 90  
Total revenues 132 163 (83) 198  
Total expenses 99 171 370 555  
Other income (expenses)          
Interest income 40 137 180 388  
Interest expense (105) (120) (335) (343)  
Other income (expenses), net 0 0 0 0  
Total other expenses, net (65) 17 (155) 45  
Income (loss) before income tax expense (benefit) (32) 9 (608) (312)  
Depreciation and amortization for property and equipment and intangible assets 6 5 14 13  
Total assets 14,707 12,065 14,707 12,065  
Operating Segments | Originations          
Revenues:          
Service related, net 27 22 68 57  
Net gain on mortgage loans held for sale 605 312 1,475 687  
Total revenues 632 334 1,543 744  
Total expenses 195 155 528 404  
Other income (expenses)          
Interest income 16 24 69 64  
Interest expense (15) (24) (55) (67)  
Other income (expenses), net 0 (1) 0 4  
Total other expenses, net 1 (1) 14 1  
Income (loss) before income tax expense (benefit) 438 178 1,029 341  
Depreciation and amortization for property and equipment and intangible assets 5 4 12 13  
Total assets 4,250 4,386 4,250 4,386  
Operating Segments | Xome          
Revenues:          
Service related, net 108 112 320 316  
Net gain on mortgage loans held for sale 0 0 0 0  
Total revenues 108 112 320 316  
Total expenses 94 101 285 301  
Other income (expenses)          
Interest income 0 0 0 0  
Interest expense 0 0 0 0  
Other income (expenses), net 1 3 3 14  
Total other expenses, net 1 3 3 14  
Income (loss) before income tax expense (benefit) 15 14 38 29  
Depreciation and amortization for property and equipment and intangible assets 5 4 11 11  
Total assets 135 172 135 172  
Corporate/Other          
Revenues:          
Service related, net 0 (2) 0 (2)  
Net gain on mortgage loans held for sale 0 11 0 11  
Total revenues 0 9 0 9  
Total expenses 43 51 111 153  
Other income (expenses)          
Interest income 0 2 1 7  
Interest expense (45) (52) (144) (162)  
Other income (expenses), net (52) (2) (53) (2)  
Total other expenses, net (97) (52) (196) (157)  
Income (loss) before income tax expense (benefit) (140) (94) (307) (301)  
Depreciation and amortization for property and equipment and intangible assets 3 9 19 30  
Total assets $ 2,663 $ 1,855 $ 2,663 $ 1,855