Homebuilder KB Home (KHB) inked a deal with Nationstar Mortgage in which the lender will serve as the builder’s preferred mortgage provider.
As part of the deal, Lewisville, Texas-based Nationstar will offer KB homebuyers loan products, including Federal Housing Administration, Veterans Affairs loans and conventional and nonconforming mortgages.
Nationstar is a nonbank mortgage servicer with a portfolio of $107 billion loans and 645,000 customers.
