Mortgage servicer Nationstar Mortgage Holdings (NSM) completed its purchase of assets from Greenlight Financial Services.
The sale includes Greenlight’s origination platform as well as its unfunded loan pipeline.
The assets were unloaded for $75 billion.
With the purchase of Greenlight’s assets, Nationstar benefits from additional capacity to process HARP and recapture loans while servicing loan assets long term, Nationstar said in a release.
The deal was announced earlier this year.