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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)     1,242          
Shares issued / (surrendered) under incentive compensation plan (20)     (20)   0 (20)  
Share-based compensation 21     21     21  
Repurchase of common stock (in shares)     (15,578)          
Repurchase of common stock (516)         (516) (516)  
Stock Repurchased and Retired During Period, Shares   1,000            
Retirement of preferred stock (28)     (19) (9)   (28)  
Net income 1,299       1,299   1,299 0
Shares outstanding, ending balance (in shares) at Sep. 30, 2021   0 75,121          
Stockholders' equity, ending balance at Sep. 30, 2021 3,260 $ 0 $ 1 1,108 2,724 (574) 3,259 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 Jun. 30, 2021   1,000 86,149          
Stockholders' equity, beginning balance at Jun. 30, 2021 3,350 $ 0 $ 1 1,120 2,434 (206) 3,349 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Shares issued / (surrendered) under incentive compensation plan (in shares)     45          
Shares issued / (surrendered) under incentive compensation plan 0     0   0 0  
Share-based compensation 7     7     7  
Repurchase of common stock (in shares)     (11,073)          
Repurchase of common stock (368)         (368) (368)  
Stock Repurchased and Retired During Period, Shares   (1,000)            
Retirement of preferred stock (28)     (19) (9)   (28)  
Net income 299       299   299 0
Shares outstanding, ending balance (in shares) at Sep. 30, 2021   0 75,121          
Stockholders' equity, ending balance at Sep. 30, 2021 3,260 $ 0 $ 1 1,108 2,724 (574) 3,259 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock Repurchased and Retired During Period, Shares   1,000            
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
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Shares issued / (surrendered) under incentive compensation plan (in shares)     898          
Shares issued / (surrendered) under incentive compensation plan (22)     (41)   19 (22)  
Share-based compensation 24     24     24  
Dividends paid to noncontrolling interests (1)             (1)
Repurchase of common stock (in shares)     (4,118)          
Repurchase of common stock (185)         (185) (185)  
Net income 922       922   922 0
Shares outstanding, ending balance (in shares) at Sep. 30, 2022   0 70,557          
Stockholders' equity, ending balance at Sep. 30, 2022 4,105 $ 0 $ 1 1,099 3,801 (796) 4,105 0
Shares outstanding, beginning balance (in shares) at Jun. 30, 2022   0 71,651          
Stockholders' equity, beginning balance at Jun. 30, 2022 4,037 $ 0 $ 1 1,094 3,688 (747) 4,036 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Shares issued / (surrendered) under incentive compensation plan (in shares)     42          
Shares issued / (surrendered) under incentive compensation plan (1)     (2)   1 (1)  
Share-based compensation 7     7     7  
Dividends paid to noncontrolling interests (1)             (1)
Repurchase of common stock (in shares)     (1,136)          
Repurchase of common stock (50)         (50) (50)  
Net income 113       113   113 0
Shares outstanding, ending balance (in shares) at Sep. 30, 2022   0 70,557          
Stockholders' equity, ending balance at Sep. 30, 2022 $ 4,105 $ 0 $ 1 $ 1,099 $ 3,801 $ (796) $ 4,105 $ 0