Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 895	$ 695
Restricted cash	146	135
Mortgage servicing rights at fair value	4,223	2,703
Advances and other receivables, net of reserves of $167 and $208, respectively	1,228	940
Mortgage loans held for sale at fair value	4,381	5,720
Property and equipment, net of accumulated depreciation of $122 and $92, respectively	98	113
Deferred tax assets, net	991	1,339
Other assets	2,242	7,173
Assets of discontinued operations	0	5,347
Total assets	14,204	24,165
Liabilities and Stockholders’ Equity
Unsecured senior notes, net	2,670	2,074
Advance and warehouse facilities, net	4,997	6,258
Payables and other liabilities	2,392	7,159
MSR related liabilities - nonrecourse at fair value	778	967
Liabilities of discontinued operations	0	5,203
Total liabilities	10,837	21,661
Commitments and contingencies (Note 19)
Preferred stock at $0.00001 - 10 million shares authorized, zero and 1.0 million shares issued, zero and 1.0 million shares outstanding, respectively; aggregate liquidation preference of zero and ten dollars, respectively	0	0
Common stock at $0.01 par value - 300 million shares authorized, 93.2 million and 92.0 million shares issued, respectively	1	1
Additional paid-in-capital	1,116	1,126
Retained earnings	2,879	1,434
Treasury shares at cost - 19.4 million and 2.6 million shares, respectively	(630)	(58)
Total Mr. Cooper stockholders’ equity	3,366	2,503
Non-controlling interests	1	1
Total stockholders’ equity	3,367	2,504
Total liabilities and stockholders’ equity	$ 14,204	$ 24,165