Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	$ 514	$ 895
Restricted cash	115	146
Mortgage servicing rights at fair value	6,151	4,223
Advances and other receivables, net of reserves of $150 and $167, respectively	892	1,228
Mortgage loans held for sale at fair value	2,072	4,381
Property and equipment, net of accumulated depreciation of $112 and $122, respectively	72	98
Deferred tax assets, net	750	991
Other assets	2,329	2,242
Total assets	12,895	14,204
Liabilities and Stockholders’ Equity
Unsecured senior notes, net	2,672	2,670
Advance and warehouse facilities, net	3,407	4,997
Payables and other liabilities	2,223	2,392
MSR related liabilities - nonrecourse at fair value	556	778
Total liabilities	8,858	10,837
Commitments and contingencies (Note 15)
Preferred stock at $0.00001 - 10 million shares authorized, zero shares issued, zero shares outstanding; aggregate liquidation preference of zero	0	0
Common stock at $0.01 par value - 300 million shares authorized, 93.2 million shares issued	1	1
Additional paid-in-capital	1,094	1,116
Retained earnings	3,688	2,879
Treasury shares at cost - 21.6 million and 19.4 million shares, respectively	(747)	(630)
Total Mr. Cooper stockholders’ equity	4,036	3,366
Non-controlling interests	1	1
Total stockholders’ equity	4,037	3,367
Total liabilities and stockholders’ equity	$ 12,895	$ 14,204