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Earnings Per Share - Computation of Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Earnings Per Share [Abstract]    
Net income (loss) attributable to Mr. Cooper $ 561 $ (168)
Less: Undistributed earnings attributable to participating stockholders 5 0
Net income (loss) attributable to common stockholders $ 556 $ (168)
Net income (loss) per common share attributable to Mr. Cooper:    
Basic (in dollars per share) $ 6.22 $ (1.84)
Diluted (in dollars per share) $ 5.92 $ (1.84)
Weighted average shares of common stock outstanding (in thousands):    
Basic (in shares) 89,458 91,385
Dilutive effect of stock awards (in shares) 3,590 0
Dilutive effect of participating securities (in shares) 839 0
Diluted (in shares) 93,887 91,385