Nationstar Mortgage Holdings Inc. announced its Q1 earnings on Thursday, with the company’s GAAP net income hitting $160 million for the quarter. That’s up significantly over Q4 2017, when Nationstar’s GAAP net income was reported at $41 million. On an ...
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Nationstar Can’t Sustain 2015 Profitability in Q1
Nationstar was the only one of the three largest non-bank servicers rated by Moody's to turn a profit in 2015, but the Dallas-based servicer couldn't keep it up in the first quarter of 2016. What caused the net loss for Nationstar, and which segments of the company performed well in Q1?
Read More »Xome CEO Kal Raman Resigns
Raman originally joined Nationstar Mortgage as the CEO of another one of its subsidiaries, Solutionstar, in November 2014.
Read More »Nationstar Mortgage Rebounds from Q1 Net Loss
Nationstar Mortgage Holdings rebounded from a $48 million net loss in the first quarter this year to post a net income of $75 million ($0.69 per share) for the second quarter in the company's Q2 2015 earnings statement released Thursday.
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