Revealed: BlackRock owns considerable stock in housing’s biggest players

Who wins the Super Bowl…of real estate?

Redfin deflates Patriots' homeowners

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done
W S

Items Tagged with 'Nationstar'

ARTICLES

Solutionstar completes acquisition of Title365

Firm to leverage acquisition to expand beachhead in California
Trey Garrison
Solutionstar expects to speed operations through added efficiency, by using Title365’s licenses to expand into new geographic markets, particularly in California. Here's how.
Read More

Nationstar scoops huge Fannie, Freddie mortgage servicing portfolio

Adds to the company’s rapid growth
Brena Swanson
Nationstar has closed on the purchase of another mortgage servicing rights portfolio. As a result, the nonbank servicer has officially acquired $43 billion in servicing portfolios since the end of the second quarter 2014.
Read More

Ocwen buying portfolio of delinquent Ginnie Mae mortgages

Treasury looking at impact of backdating letters allegation
Trey Garrison
If Ocwen is experiencing a tough time, they're not doing it lying down. The nonbank is moving now to purchase Ginnie Mae delinquencies even as the Treasury Department is reviewing the backdating letters scandal.
Read More

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.
Read More

KBW upgrades Nationstar on second look at MSRs

Sterne Agee lowers FY2014 EPS estimate
Trey Garrison
Nationstar Mortgage Holdings is getting a little more love after its rough time last week following its announcement of declining revenue for the third quarter.
Read More

Here's why Wells Fargo believes in Nationstar

Largest mortgage bank says don’t sell nonbank mortgage firm
Trey Garrison
Nationstar Mortgage Holdings took a beating Thursday, dropping more than 20% after posting declining revenue for the third quarter. Analysts at Wells Fargo smell opportunity, and here's why.
Read More

Nationstar beats on 3Q14 revenue of $504.3M

Revenue still down 20.2% YOY for nonbank
Trey Garrison
Nationstar Mortgage Holdings posted revenue of $504.3 million, down 20.2% year-over-year, but beating Wall Street estimates by $134.4 million.
Read More

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.
Read More

How much offshore staff do the top mortgage servicers use?

Fitch shines a light on offshoring and its potential consequences
Ben Lane
Several of the country’s largest mortgage servicers already have as much as a third of their mortgage servicing staff offshore. A new report from Fitch Ratings details the rise of offshoring and what it means for the future of mortgage servicing.
Read More

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.
Read More