Rick Sharga: Is this the end of the housing recovery?

Rick Sharga: Is this the end of the housing recovery?

Maybe it wasn’t the snow after all

Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million

New home sales plummet 14.5% in March

Spring buying season off with a whimper
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Items Tagged with 'Nationstar Mortgage'

ARTICLES

loanDepot appoints David Norris as president and chief operating officer

April 7, 2014
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
March 20, 2014
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
March 4, 2014
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
March 1, 2014
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
January 14, 2014
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
January 1, 2014
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
December 18, 2013
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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HW 30 stocks plummet across the board

Trulia is the big mover, falling more than 10%
December 11, 2013
The HW 30 had a rough day Wednesday as housing and mortgage stocks reacted to Mel Watt's FHFA confirmation and data that showed younger Americans steering clear of the housing market for now.
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Fitch analyzing Nationstar servicing transfer

November 21, 2013
Fitch Ratings said today that it's reviewing RMBS transactions affected by an upcoming servicing transfer of loans from First Horizon National Corp (FHN) to Nationstar Mortgage (NSM).
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FBR Capital adds Stonegate Mortgage to the radar

November 18, 2013
FBR Capital Markets said Monday that it has initiated coverage on Stonegate Mortgage (SGM) with an Outperform rating and a price target of $21.00.
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