Nationstar Stays On Fast Track As It Buys BofA Loans
Nationstar Mortgage (NSM) shares soared about 17% early Monday after it said it will pay about $1.3 billion to buy some $215 billion in mortgage servicing assets from Bank of America (BAC). Nationstar was chief among a group of independent mortgage companies that moved into the residential mortgage market during the downturn, buying assets being shed by giants like BofA. About 47% of the portfolio consists of government-backed loans owned or
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here