Items Tagged with 'Nationstar Mortgage Holdings'

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Nationstar names interim CFO after Robert Stiles departs company

Amar Patel will serve as interim CFO
One month ago, Nationstar Mortgage celebrated the fact that its revenue grew significantly in the fourth quarter, climbing nearly 46% year-over-year. Now, Nationstar will have a new person in charge of that money as the nonbank announced Wednesday that it named Amar Patel, who previously spent 10 years with the company, as its interim chief financial officer.
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Exclusive: Nationstar CEO Jay Bray on Mr. Cooper, the company's future

HousingWire gets an inside look at Nationstar's big plans
Given the company’s recent radio silence on its massive rebranding efforts, it may seem like Nationstar Mortgage’s transformation into Mr. Cooper is in a perpetual holding pattern. But when one visits Nationstar’s headquarters in the Dallas suburb of Coppell, it’s clear that Mr. Cooper is both the company’s present and its future. In an exclusive interview, HousingWire sat down with Nationstar CEO Jay Bray to find out more about Mr. Cooper and what it means for Nationstar.
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Nationstar Mortgage servicing portfolio now bigger than ever

Net income hits $51 million
The news only got better for Nationstar Mortgage Holdings in the third quarter, as the mortgage servicer recorded its largest servicing portfolio in its history. The positive results are a continued boost from its results last quarter when it reported the best quarter since the second quarter of 2015, coming off a shaky start to the year.
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Whither Mr. Cooper? When is Nationstar's rebranding actually going to happen?

Company noticeably silent on rebranding efforts in earnings materials
Earlier this year, Nationstar Mortgage confirmed that the company would be launching a massive rebranding effort, combining its originations and servicing business under the name Mr. Cooper, with a plan to begin using the new name in the summer of 2016. Well, as the calendar ticks towards fall with little movement on the Mr. Cooper front, at least officially, it begs the questions: Is Nationstar actually going to rebrand to Mr. Cooper or not? And if so, when?
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Nationstar elevates CEO Jay Bray to chairman of the board

Replaces Fortress Investment co-founder, principal Wesley Edens
Nationstar Mortgage, also soon to be known as Mr. Cooper, is handing the keys of the company to Jay Bray. Bray, the nonbank’s president, chief executive officer, and director, is now also the company’s chairman of the board, the company disclosed in a late Friday filing with the Securities and Exchange Commission.
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Nationstar launches MrCooper.com...or maybe not?

Company's new website disappears just as quickly as it appeared
It appears that the transformation is nearly complete. Nationstar Mortgage is now one step closer to officially becoming Mr. Cooper, as the company recently launched a flagship website for its new brand: MrCooper.com. The website provides a clearer picture of what Mr. Cooper is and what it means for Nationstar. Or at least it did...until the website disappeared after HousingWire reported on it.
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It’s official: Nationstar will rebrand as Mr. Cooper

Will combine originations and servicing business under new brand
Confirming plans that HousingWire brought to light late last year and further revealed earlier this year, Nationstar Mortgage will indeed be launching a massive rebranding later this year and changing its name to Mr. Cooper. And here's what the new brand of the massive nonbank officially looks like.
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