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Items Tagged with 'Nationstar Mortgage'

ARTICLES

Solutionstar adds Deva Kannan as chief information officer

Tasked with developing facilities in Seattle and Chennai, India
Ben Lane
As chief information officer, Kannan will lead the company’s technology and information service initiatives. One of his first projects will be the build-out of two research and development facilities in Seattle, Wash., and Chennai, India, the company said.
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Nationstar snaps up $9.8B MSR portfolio from Ocwen

This transaction is only the beginning
Brena Swanson
In the latest news for Ocwen Loan Servicing, the mortgage servicer is selling the residential mortgage servicing rights on a $9.8 billion portfolio to Nationstar Mortgage, potentially marking the beginning of more servicing transfers.
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Solutionstar names Ryan Lilly VP of business development

Joins from Wingspan Portfolio Advisors
Ben Lane
Lilly brings more than 10 years of experience to Solutionstar. Prior to joining Solutionstar, Lilly was a business development executive at Wingspan Portfolio Advisors.
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Chad Neel joins Solutionstar as executive vice president

Will oversee servicing solutions
Ben Lane
Solutionstar has hired Chad Neel as the company’s new executive vice president of servicing solutions. In this role, Neel will focus on launching new product, technology and service offerings for existing and new customers.
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Kal Raman named CEO of Solutionstar

Will lead new Solutionstar office in Seattle
Ben Lane
Raman joins Solutionstar from Groupon, where he was CEO of the company’s Asia Pacific region. Prior to that, he was Groupon’s chief operating officer.Prior to his time at Groupon, Raman served as vice president of global fulfillment at eBay.
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Solutionstar adds to senior leadership

Mark Johnson and Matt Slonaker named vice president
Ben Lane
Solutionstar named Mark Johnson as executive vice president of valuations and Matt Slonaker as senior vice president of business development. Soultionstar President Shawn Stone said that the company is excited to have Johnson and Slonaker join the Solutionstar team.
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From HW Magazine

#Secret2Success

A look inside the social media war rooms remaking the mortgage business
Kerry Curry
Each weekday morning, Kendra Taylor settles into her cubicle at Nationstar Mortgage and fires up a computer and two monitors. With a few keystrokes, she sends out a morning greeting: "Happy Monday! We hope everyone had a fantastic weekend. We’re back to work and ready to help out if you need us!"
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Jeffries downgrades Nationstar from buy to hold

Part of a nonbank trend?
Ben Lane
Jefferies analyst Daniel Furtado said, “In our view NSM needs to deliver on 3 key initiatives for company guidance to be met, with cooperation also needed on the regulatory front.”
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loanDepot appoints David Norris as president and chief operating officer

Ben Lane
In his role with loanDepot, Norris will lead and work to strengthen the company’s enterprise-level operations and will assume executive oversight for loanDepot’s ongoing relationships with the company’s affinity partners.
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New Residential 4Q earnings grow amid MSR investments

GAAP incomes hits $80.5 million
Brena Swanson
New Residential Investment posted a GAAP income of $80.5 million, or 31 cents per diluted share, for the fourth quarter of 2013, following significant adjustments and investments in mortgage servicing rights.
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