Mr. Cooper Group Inc. WMIH Balance Sheet

Mr. cooper group inc. (WMIH)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12
Assets
Fixed-maturity securities
-	-	-	-	-	-	-	-	3	-	10	24	49	76	82	88	98	99	106	39	45	60	55	60	130	145	172	177	197	201	208	283
Cash equivalents held in trust
-	-	-	-	-	-	-	0	0	-	6	7	3	2	2	2	2	3	5	6	8	11	10	6	37	33	12	11	15	17	94	22
Total cash equivalents and investments held in trust
-	-	-	-	-	-	-	0	1	-	15	29	30	31	31	32	33	36	37	46	54	63	66	67	168	178	184	188	213	218	303	306
Cash and cash equivalents
579	329	371	245	181	242	198	29	27	-	25	36	21	2	3	3	1	9	15	19	2	78	6	1	4	11	8	8	9	16	15	32
Fixed-maturity securities, at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	74	-	81	86	86	72	77	93	83	75	72	63
Restricted cash
266	283	271	304	339	319	332	575	576	-	577	575	573	573	572	573	571	571	582	582	599	2	-	-	-	0	-	-	-	-	-	-
Servicing Asset
3,115	3,502	3,346	3,511	3,488	3,676	3,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advances and Other Receivables, Net
685	988	967	1,000	1,147	1,194	1,174	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reverse Funded Loan Advances
5,955	6,279	6,662	7,110	7,489	7,934	8,886	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgages Held-for-sale, Fair Value Disclosure
3,922	4,077	4,267	3,422	2,170	1,631	1,681	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Loans Held for Investment Subject to Nonrecourse Debt Legacy Assets Net
-	-	0	114	118	119	122	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment, net of accumulated depreciation of $65 and $55, respectively
111	112	113	115	112	96	102	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax assets, net
1,411	1,345	1,032	1,055	1,024	967	934	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative asset - embedded conversion feature
-	-	-	-	-	-	-	-	-	-	111	73	98	80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	79	0	-	0	3	0	25	2	-
Accrued investment income
-	-	-	-	-	-	-	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	2
Deferred offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	13	13	13	1	-	-	-	-	-	-
Other Assets
1,569	1,390	1,449	1,529	1,578	795	799	4	0	-	0	0	0	0	0	0	0	0	0	0	1	0	0	1	1	1	1	1	1	1	1	1
Assets
17,613	18,305	18,478	18,405	17,646	16,973	17,728	610	608	-	732	717	747	736	661	668	674	685	710	717	732	156	168	250	274	267	273	297	310	339	397	407
Liabilities and Stockholders’ Equity
Unsecured Debt
2,259	2,366	2,464	2,462	2,461	2,459	2,457	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Secured Debt
489	422	513	567	578	595	596	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes Payable, Fair Value Disclosure
4,551	4,575	4,802	4,045	3,050	2,349	2,888	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts Payable and Accrued Liabilities
1,965	2,016	2,002	2,116	1,975	1,543	1,342	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Serving Rights Liability, carried at fair value
1,285	1,348	1,328	1,472	1,343	1,216	1,123	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Servicing Liability at Amortized Cost, Balance
53	61	69	80	90	71	79	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-Recourse Debt
4,945	5,286	5,533	5,985	6,388	6,795	7,165	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable - principal
-	-	-	-	-	-	-	-	-	-	-	18	18	18	19	20	20	21	28	29	29	31	30	108	107	105	102	116	115	136	134	133
Notes payable - interest
-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	1	1
Losses and loss adjustment reserves
-	-	-	-	-	-	-	0	0	-	0	0	0	0	2	2	2	5	6	7	8	18	22	23	34	44	57	66	78	82	130	132
Losses payable
-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	0	0	0	0	0	0	0	0	0	1	2	2	1	2	2	2	3
Unearned premiums
-	-	-	-	-	-	-	0	0	-	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	0	0	0	0
Accrued ceding commissions
-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Loss contract reserve
-	-	-	-	-	-	-	-	-	-	-	0	4	5	7	7	8	9	9	9	12	12	16	16	46	46	51	51	51	52	52	63
Derivative liability - embedded conversion feature
-	-	-	-	-	-	-	-	-	-	-	-	-	-	58	42	64	120	132	141	58	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	20	16	-	13	13	13	14	13	13	13	14	25	13	29	3	0	0	0	1	0	0	0	0	1	4
Total liabilities
15,547	16,074	16,711	16,727	15,885	15,028	15,650	20	17	-	14	32	37	39	101	87	110	173	203	203	140	67	71	151	193	202	216	239	249	275	322	338
Commitments and contingencies (Note 18)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Redeemable convertible series B preferred stock, $0.00001 par value; 600,000 shares issued and outstanding as of June 30, 2018 and December 31, 2017; aggregate liquidation preference of $600,000,000 as of June 30, 2018 and December 31, 2017
-	-	-	-	-	-	-	503	503	-	502	502	502	502	502	502	502	502	502	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock at $0.00001 - 10 million shares authorized, 1 million shares issued and outstanding, respectively; aggregate liquidation preference of ten dollars, respectively
0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0
Common stock at $0.01 par value - 300 million shares authorized, 92.0 million and 91.1 million shares issued, respectively
1	1	1	1	1	1	1	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in-capital
1,108	1,109	1,106	1,100	1,095	1,093	1,093	13	0	-	108	108	108	108	108	108	107	107	107	107	107	106	106	106	106	77	77	76	76	76	76	76
Retained earnings
961	1,122	659	575	662	848	984	72	87	-	107	73	99	85	-50	-29	-46	-97	-103	-95	-17	-18	-8	-7	-24	-12	-19	-18	-16	-12	-2	-7
Treasury shares at cost, zero and 12.2 million shares for Successor and Predecessor, respectively
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Mr. Cooper stockholders’ equity
2,070	2,232	1,766	1,676	1,758	1,942	2,078	85	87	-	215	181	207	194	58	79	60	9	4	12	89	88	97	98	81	65	57	58	60	64	74	68
Non-controlling interests
-4	-1	1	2	3	3	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
2,066	2,231	1,767	1,678	1,761	1,945	2,078	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and stockholders’ equity
17,613	18,305	18,478	18,405	17,646	16,973	17,728	610	608	-	732	717	747	736	661	668	674	685	710	717	732	156	168	250	274	267	273	297	310	339	397	407
Predecessor
Cash and cash equivalents
-	-	-	-	-	-	-	-	-	215	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Servicing Asset
-	-	-	-	-	-	-	-	-	2,941	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advances and Other Receivables, Net
-	-	-	-	-	-	-	-	-	1,706	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reverse Funded Loan Advances
-	-	-	-	-	-	-	-	-	9,984	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgages Held-for-sale, Fair Value Disclosure
-	-	-	-	-	-	-	-	-	1,891	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Loans Held for Investment Subject to Nonrecourse Debt Legacy Assets Net
-	-	-	-	-	-	-	-	-	139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Plant and Equipment, Net
-	-	-	-	-	-	-	-	-	121	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted Cash and Cash Equivalents
-	-	-	-	-	-	-	-	-	360	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset, net
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets
-	-	-	-	-	-	-	-	-	679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
-	-	-	-	-	-	-	-	-	18,036	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured Debt
-	-	-	-	-	-	-	-	-	1,874	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Secured Debt
-	-	-	-	-	-	-	-	-	855	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes Payable, Fair Value Disclosure
-	-	-	-	-	-	-	-	-	3,285	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts Payable and Accrued Liabilities
-	-	-	-	-	-	-	-	-	1,239	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
MSR related liabilities - nonrecourse at fair value
-	-	-	-	-	-	-	-	-	1,006	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage servicing liabilities
-	-	-	-	-	-	-	-	-	41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-Recourse Debt
-	-	-	-	-	-	-	-	-	8,014	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
-	-	-	-	-	-	-	-	-	16,314	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock at $0.00001 and $0.01 par value - 10 million and 300 million shares authorized, 1 million and zero shares issued and outstanding for Successor and Predecessor, respectively; aggregate liquidation preference of ten and zero dollars for Successor and Predecessor, respectively
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock at $0.01 and $0.01 par value - 300 million and 1 billion shares authorized, 90.8 million and 109.9 million shares issued for Successor and Predecessor, respectively
-	-	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional paid-in-capital
-	-	-	-	-	-	-	-	-	1,131	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained earnings
-	-	-	-	-	-	-	-	-	731	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury shares at cost, zero and 12.2 million shares for Successor and Predecessor, respectively
-	-	-	-	-	-	-	-	-	148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Mr. Cooper stockholders’ equity and Nationstar stockholders’ equity, respectively
-	-	-	-	-	-	-	-	-	1,715	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-controlling interests
-	-	-	-	-	-	-	-	-	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	1,722	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and stockholders’ equity
-	-	-	-	-	-	-	-	-	18,036	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-