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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Service related, net $ 1,067 $ 379 $ 829
Net gain on mortgage loans held for sale 2,251 2,310 1,098
Total revenues 3,318 2,689 1,927
Expenses:      
Salaries, wages and benefits 1,036 1,027 893
General and administrative 626 755 821
Total expenses 1,662 1,782 1,714
Interest income 231 158 291
Interest expense (478) (528) (543)
Other income (expense), net 528 (135) 15
Total other income (expenses), net 281 (505) (237)
Income (loss) from continuing operations before income tax expense (benefit) 1,937 402 (24)
Less: Income tax expense (benefit) 471 93 (278)
Net income from continuing operations 1,466 309 254
Net (loss) income from discontinued operations (12) (2) 16
Net income 1,454 307 270
Less: Net income (loss) attributable to non-controlling interests 0 2 (4)
Net income attributable to Mr. Cooper 1,454 305 274
Less: Undistributed earnings attributable to participating stockholders 8 3 2
Less: Premium on retirement of preferred stock 28 0 0
Net income attributable to common stockholders $ 1,418 $ 302 $ 272
Earnings Per Share [Abstract]      
Income (Loss) from Continuing Operations, Per Basic Share $ 17.39 $ 3.33 $ 2.81
Income (Loss) from Continuing Operations, Per Diluted Share 16.67 3.22 2.78
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share (0.15) (0.02) 0.18
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share (0.14) (0.02) 0.17
Earnings Per Share, Basic 17.24 3.31 2.99
Earnings Per Share, Diluted $ 16.53 $ 3.20 $ 2.95