The New York Times rambles, and mangles mortgages along the way

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits

WATCH: Trulia stages haunted house for unsuspecting homebuyers

'Tis the season. For screaming.

10 reasons why people don’t get a mortgage

It’s not just because of finances
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Items Tagged with 'Nationstar Mortgage'

ARTICLES

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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Mortgage servicers big winners on the HW 30 (and Trulia)

Walter, Ocwen, Nationstar overcome industry headlines
Brena Swanson
Walter, Ocwen and Nationstar stocks posted strong hikes on Tuesday despite threatening industry headlines. Meanwhile, Trulia came in from left field and recorded the best increase on the HW 30.
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From HW Magazine

Comfort zone: an interview with Jay Bray

Nationstar CEO says company is sitting pretty
Jacob Gaffney
Managing a tough environment is nothing new to Nationstar President and CEO Jay Bray. His portfolio sits around a quarter full with distressed loans. He’s used to complaints, he can handle them. Bray is easygoing through it all. All things considered, this is Bray’s comfort zone.
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Churchill Mortgage creates new compliance position

Hires a compliance trainer
In accordance with heightened regulatory requirements, Churchill Mortgage created a new position and recruited compliance expert Seth Trimble as its compliance trainer.
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From HW Magazine

Nationstar Mortgage: Is this nonbank mortgage company oversold?

Recent earnings turmoil may mask more opportunity in the future
HousingWire Staff
Nationstar Mortgage Holdings Inc. (NSM) managed to set off a mini firestorm in mortgage industry stocks during early November 2013. So where does this member of the HW 30 stock index go from here? We'll look at both the bear and bull cases for this industry stock and member of the HW 30 equity index.
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Nationstar Mortgage to sell $3.2B in servicing advances

Move allows mega servicer to generate long-term, fee-based revenue
Kerri Ann Panchuk
Nationstar is entering new territory this week. The servicer signed a deal with New Residential Investment Corp. and several other co-investors to sell $3.2 billion of servicing advances — namely non-agency residential mortgages with an unpaid principal balance of $58 million.
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