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Unaudited Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Share Amount
Total Mr. Cooper Stockholders’ Equity
Non-controlling Interests
Shares outstanding, beginning balance (in shares) at Dec. 31, 2020   1,000 89,457          
Stockholders' equity, beginning balance at Dec. 31, 2020 $ 2,504 $ 0 $ 1 $ 1,126 $ 1,434 $ (58) $ 2,503 $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Shares issued / (surrendered) under incentive compensation plan (in shares)     1,197          
Shares issued / (surrendered) under incentive compensation plan (20)     (20)     (20)  
Share-based compensation 14     14     14  
Repurchase of common stock (in shares)     (4,505)          
Repurchase of common stock (148)         (148) (148)  
Net income 1,000       1,000   1,000 0
Shares outstanding, ending balance (in shares) at Jun. 30, 2021   1,000 86,149          
Stockholders' equity, ending balance at Jun. 30, 2021 3,350 $ 0 $ 1 1,120 2,434 (206) 3,349 1
Shares outstanding, beginning balance (in shares) at Dec. 31, 2020   1,000 89,457          
Stockholders' equity, beginning balance at Dec. 31, 2020 2,504 $ 0 $ 1 1,126 1,434 (58) 2,503 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Repurchase of common stock (in shares)     14,800          
Shares outstanding, ending balance (in shares) at Dec. 31, 2021   0 73,777          
Stockholders' equity, ending balance at Dec. 31, 2021 3,367 $ 0 $ 1 1,116 2,879 (630) 3,366 1
Shares outstanding, beginning balance (in shares) at Mar. 31, 2021   1,000 86,135          
Stockholders' equity, beginning balance at Mar. 31, 2021 2,904 $ 0 $ 1 1,113 1,995 (206) 2,903 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Shares issued / (surrendered) under incentive compensation plan (in shares)     14          
Shares issued / (surrendered) under incentive compensation plan (1)     (1)     (1)  
Share-based compensation 8     8     8  
Net income 439       439   439 0
Shares outstanding, ending balance (in shares) at Jun. 30, 2021   1,000 86,149          
Stockholders' equity, ending balance at Jun. 30, 2021 3,350 $ 0 $ 1 1,120 2,434 (206) 3,349 1
Shares outstanding, beginning balance (in shares) at Dec. 31, 2021   0 73,777          
Stockholders' equity, beginning balance at Dec. 31, 2021 3,367 $ 0 $ 1 1,116 2,879 (630) 3,366 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Shares issued / (surrendered) under incentive compensation plan (in shares)     856          
Shares issued / (surrendered) under incentive compensation plan (21)     (39)   18 (21)  
Share-based compensation 17     17     17  
Repurchase of common stock (in shares)     (2,982)          
Repurchase of common stock (135)         (135) (135)  
Net income 809       809   809 0
Shares outstanding, ending balance (in shares) at Jun. 30, 2022   0 71,651          
Stockholders' equity, ending balance at Jun. 30, 2022 4,037 $ 0 $ 1 1,094 3,688 (747) 4,036 1
Shares outstanding, beginning balance (in shares) at Mar. 31, 2022   0 73,906          
Stockholders' equity, beginning balance at Mar. 31, 2022 3,977 $ 0 $ 1 1,085 3,537 (647) 3,976 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Shares issued / (surrendered) under incentive compensation plan (in shares)     6          
Shares issued / (surrendered) under incentive compensation plan 0     0   0 0  
Share-based compensation 9     9     9  
Repurchase of common stock (in shares)     (2,261)          
Repurchase of common stock (100)         (100) (100)  
Net income 151       151   151 0
Shares outstanding, ending balance (in shares) at Jun. 30, 2022   0 71,651          
Stockholders' equity, ending balance at Jun. 30, 2022 $ 4,037 $ 0 $ 1 $ 1,094 $ 3,688 $ (747) $ 4,036 $ 1