Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
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Items Tagged with 'Nationstar'

ARTICLES

Norm Fitzgerald joins National MI as senior vice president of field sales

Was SVP of correspondent lending at Nationstar
Ben Lane
During his time at Nationstar, Fitzgerald built and launched the company’s correspondent lending channel and grew the correspondent platform to become one of the country’s top ten correspondent lenders in less than a year.
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Nationstar completes exit from reverse mortgage origination business

Remains focused on the servicing side
Jacob Gaffney
Business is booming at Nationstar Mortgage. And that's a business that no longer includes the origination of reverse mortgages.
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The vindication of Nationstar Mortgage

Solutionstar to become "TurboTax of real estate"
Jacob Gaffney
Our exclusive chat with Nationstar CEO Jay Bray follows up on his March profile in HousingWire magazine, where he explained the structure of the company and how it could reorganize to meet the challenges of the mortgage markets. The company's 2Q results prove Bray was right all along.
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Nationstar posts 2Q profits of $67M, up a whopping 174% over 1Q

Beats expectations and regulatory pushback in second quarter
Trey Garrison
Second-biggest nonbank MSR reports quarterly net income of $67 million for the second quarter, a 174% increase over the $24 million in the first quarter 2014, despite regulatory pushback and scrutiny.
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Monday Morning Cup of Coffee: BofA mortgage woes piling up

Nonbanks under the gun; Homebuyers getting older
Trey Garrison
Bank of America still trying to get unstuck from the mortgage bond tar, interest rates have a 5.3% target rate, and home price growth slows to 4.6% projected growth for 2014.
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Ocwen's regulatory burdens send up red flags and drive down stock price

Analysts lower price target, Citi drops buy recommendation
Trey Garrison
Heightened regulatory burdens and compliance costs continue to drag on Ocwen Financial a day after its second quarter earnings are announced.
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S&P: Prime jumbo RMBS advance rates nose-dive

Subprime rates stabilize
Ben Lane
"Bank servicers, such as Wells Fargo and JPMorgan Chase, have maintained a high (more than 90%) level of advancing on prime jumbo collateral," the analysts write. "However, nonbank servicers, such as Nationstar and Ocwen, have advance rates that are substantially lower and have been steadily declining over the past six months."
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Nationstar: "Our capital and liquidity position remain strong"

FHFA blocked servicer's MSRs
Brena Swanson
Although the Federal Housing Finance Agency Office of the Inspector General’s most recent report over nonbank special servicers tried to keep the troubles of one company anonymous, all fingers point to Nationstar.
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Citigroup and Nationstar team on mortgage bond offering

Nationstar will do most of the servicing
Jacob Gaffney
Citigroup bought a bunch of mortgage originated by Nationstar, Stearns Lending and Freedom Mortgage. Citi then securitized those loans, with Nationstar doing most of the servicing.
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Stonegate Mortgage president Daniel Bettenburg resigns

GMAC-RFC veteran was Stonegate’s president for three years
Ben Lane
According to the SEC filing, the company does not intend to hire a replacement for the president role, “given the recent executive team additions and its transition to a business unit driven operating model.”
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