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Earnings Per Share - Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Earnings Per Share [Abstract]      
Net income from continuing operations $ 1,466 $ 309 $ 254
Less: Net income (loss) attributable to non-controlling interests 0 2 (4)
Less: Undistributed earnings attributable to participating stockholders 8 3 2
Less: Premium on retirement of preferred stock 28 0 0
Net income from continuing operations attributable to Mr. Cooper common stockholders 1,430 304 256
Net (loss) income from discontinued operations (12) (2) 16
Less: Undistributed earnings from discontinued operations attributable to participating stockholders 0 0 0
Net (loss) income from discontinued operations attributable to Mr. Cooper common stockholders (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
Net income attributable to common stockholders $ 1,418 $ 302 $ 272
Earnings Per Share, Basic and Diluted [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
Basic (in dollars per share) 17.24 3.31 2.99
Diluted (in dollars per share) $ 16.53 $ 3.20 $ 2.95
Weighted average shares of common stock outstanding (in thousands):      
Basic (in shares) 82,247 91,312 91,035
Dilutive effect of stock awards (in shares) 3,067 2,343 270
Dilutive effect of participating securities (in shares) 492 839 839
Diluted (in shares) 85,806 94,494 92,144