Michael Merritt of BOK Financial sat down with DS News to explain how the lessons learned from the financial crisis of 2008 smoothed a path of communication between servicers and their clients during the pandemic.
Read More »The Industry Pulse: Updates on Mr. Cooper, Black Knight, and More …
Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. WMIH Corp and Nationstar Mortgage Holdings Inc., with its flagship brand Mr. Cooper (formerly Nationstar), announced a merger earlier this week. The Dallas, Texas-based ...
Read More »Nationstar Mortgage to Officially Become Mr. Cooper
The company will be known as Mr. Cooper as part of a two-year rebranding campaign. The shift is an effort to make the company more personable to consumers. It will also expand its suite of services to a more user-friendly focus.
Read More »Nationstar Elects Bray Chairman of the Board
Nationstar Mortgage LLC, one of the largest mortgage servicers in the country, confirmed that President and CEO Jay Bray has been unanimously elected Chairman of the Board for the company.
Read More »The Rocky Road for Non-Bank Servicers
Out of the three largest non-bank mortgage servicers rated by Moody's, Nationstar Mortgage did something in 2015 that the other two, Ocwen Financial and Walter Investment Management, were not able to do. What did Nationstar do?
Read More »Non-Profit Gets in on Freddie Mac’s Delinquent Loan Sale
Democratic lawmakers and housing advocates have been calling for the GSEs to sell non-performing loans (NPLs) to non-profits and Community Development Financial Institutions, and on Wednesday, they partially got their wish.
Read More »Servicing Growth Drives Nationstar’s Q4 Rise in Earnings
CEO Jay Bray said the company is entering 2016 "well-positioned from a strategic, operational and capital perspective.”
Read More »New Residential, HLSS Terminate Merger, Enter Into Purchase Agreement
New Residential Investment and Home Loan Servicing Solutions (HLSS) announced the mutual termination of a merger agreement originally announced on February 22 and instead announced the two firms have entered into a purchase agreement.
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