• Ocwen6.41-0.07 -1.08%
  • Zillow24.81+0.33 +1.35%
  • Trulia47+0 +0%
  • NationStar13.07+0.11 +0.85%
  • CoreLogic36.73-0.19 -0.51%
  • RE/MAX36.67+0.06 +0.16%
  • Fannie Mae2.13+0.00 +0.00%
  • Freddie Mac2.11+0.01 +0.48%
  • Wells Fargo55.28-0.32 -0.58%
  • CitiMortgage54.18-0.10 -0.18%
  • Bank of America17.47+0.00 +0.00%
  • Fidelity National Financial35.79+0.07 +0.20%
  • First American39.08+0.24 +0.62%
  • AUDUSD=X0.7265-0.0006 -0.0887%
  • USDJPY=X122.3615-0.1485 -0.1212%
  • WP Stock Ticker
Home | Tag Archives: Nationstar

Tag Archives: Nationstar

Freddie Mac Reports Q3 Net Loss of Nearly Half a Billion Dollars


The loss will not cause Freddie Mac to need another draw from Treasury since it was only a fraction of the $1.8 billion net worth reserve the Enterprise has under the Preferred Stock Agreement, according to Layton. The dividends paid into Treasury by Freddie Mac remained unchanged at $96.5 billion, which is about $25 billion more than the $71 billion the Enterprise received in a taxpayer-funded bailout in 2008.

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Nationstar Posts Net Loss in First Quarter


Nationstar Mortgage Holdings reported a net loss of $48 million, or $0.53 per share, for the first quarter of 2015 compared with a net income of $19 million ($0.21 per share) for the previous quarter, according to an announcement from the Lewisville, Texas-based residential mortgage servicer on Tuesday morning.

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Ocwen Announces $25 Billion MSR Sale to Nationstar


This will be the second time in as many months that Ocwen has announced an MSR sale on an Agency portfolio of residential loans to Dallas, Texas-based Nationstar. In February, Ocwen announced its intention to sell the MSR on a portfolio of about 81,000 performing residential loans owned by Freddie Mac with a UPB of about $9.8 billion to Nationstar.

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Ocwen Announces Intention to Sell MSR Portfolio Worth $9.8 Billion to Nationstar


Ocwen Loan Servicing, a subsidiary of Ocwen Financial Corporation, intends to sell the mortgage servicing rights (MSR) on a portfolio of performing loans owned by Freddie Mac with a total principal balance of about $9.8 billion to Nationstar Mortgage, a subsidiary of Nationstar Mortgage Holdings, according to an announcement from Ocwen Financial on Monday morning. There are approximately 81,000 loans in the portfolio involved in the transaction, according to Ocwen's announcement.

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