Mortgage servicer Nationstar gets its footing in the recovery
Nationstar Mortgage (NSM) is finding its footing as a leader in the servicing industry as the economy improves, making the holding of mortgage servicing rights a more profitable enterprise, Forbes suggests in a new article.
The publication focused on the Lewisville, Texas-based company, saying:
As a result of excellent second-quarter results, earnings estimates have been rising for Nationstar Mortgage Holdings.
Based in Lewisville, Texas, Nationstar is one of the leading residential mortgage services companies in the U.S., with a servicing portfolio of $312 billion. The company offers servicing, origination and real estate services to financial institutions and consumers.