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Items Tagged with 'Nationstar'

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Nationstar posts 2Q net income of $75M

Strong originations provide comeback after first quarter losses
Nationstar Mortgage Holdings reported quarterly net income of $75 million, or $0.69 per share, for the second quarter, compared to net loss of ($48) million, or ($0.53) per share, in the first quarter 2015. Want to know more?
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Monday Morning Cup of Coffee: Mortgage lenders "routing" homebuyers to FHA?

Ocwen, Nationstar results also coming soon
Lower credit scores are leading to higher mortgage costs, according to an article in the Seattle Times. There is a new opinion, separate from the many who view last month’s Supreme Court decision on "disparate impact" as a negative. Also, it’s time for the massive nonbanks to start weighing in with their earnings.
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Nationstar launches end-to-end real estate platform Xome

Solutionstar’s transition is complete
Online real estate’s new kid on the block is here and ready to upset the apple cart in a big way. After weeks of beta testing, Xome officially launched Tuesday, offering “the world’s first integrated, end-to-end digital platform for real estate, with the promise of connecting every major touch point in the transaction process, from finding a home to closing the deal.”
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Another Nationstar executive stepping down

David Hisey resigns as EVP, chief strategy and external affairs officer
For the second week in a row, a high-level executive at Nationstar Mortgage Holdings is resigning. Nationstar announced Wednesday that David Hisey, who served as executive vice president, chief strategy and external affairs officer, informed the company that he is resigning, effective at the close of business on June 19.
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Nationstar President Harold Lewis stepping down

Led company's servicing operations
The leader of Nationstar Mortgage Holdings’ servicing operations is stepping down. Nationstar’s president and chief operating officer, Harold Lewis, informed the company Wednesday that he intends to retire and will resign from his positions, effective May 31.
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Nationstar significantly downgraded by analysts

FBR Capital, Oppenheimer and Barclays wary of nonbank’s future
In the wake of posting a loss in the first quarter, several analysts are downgrading Nationstar Mortgage Holdings and questioning what the future holds for the nonbank. Here's what FBR Capital, Oppenheimer and Barclays think about Nationstar.
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Solutionstar re-launches as one-stop shop for homes and mortgages

Nationstar CEO: We expect to revolutionize real estate
The Zillow Group, Realtor.com, Redfin and every other site battling for the online real estate title are about to have a new competitor to worry about, and the new kid on the block is expecting to “revolutionize the way real estate transacts.” But this new kid isn’t a start-up, it is backed by one of the industry’s largest players – Nationstar Mortgage Holdings.
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