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Nationstar posts net loss of $20 million, but the news is better than it seems

Aug 03, 2017By

Nationstar Mortgage, the company soon to be known as Mr. Cooper, reported Thursday that it saw its first quarterly net loss in a year, but the news is actually better than it appears. Overall, Nationstar posted a GAAP net loss of $20 million (or $0.20 per diluted share) in the second quarter, but on an adjusted basis Nationstar saw earnings of $42 million, or $0.43 per share.

3d rendering of a row of luxury townhouses along a street

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