Key Developments: Nationstar Mortgage Holdings Inc (NSM.N)
47.83USD
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$48.45
$48.42
$49.01
$47.78
29,590
209,742
$49.22
$21.95
Latest Key Developments (Source: Significant Developments)
Nationstar Mortgage Holdings Inc Announces Pricing of $250 Million of Senior Notes due 2018
Nationstar Mortgage Holdings Inc announced the pricing of $250 million aggregate principal amount of 6.500% Senior Notes due 2018 (the Notes) offered by its wholly-owned subsidiaries Nationstar Mortgage LLC (the Company) and Nationstar Capital Corporation (together with the Company, the Issuers) in an underwritten public offering. The offering is expected to close on July 22, 2013, subject to customary closing conditions. The Notes will be unsecured and will be guaranteed on a senior basis by Nationstar, Nationstar Sub1 LLC, Nationstar Sub2 LLC and certain of the Company`s wholly-owned subsidiaries. The Issuers will use the net proceeds from this offering for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, including, but not limited to, the acquisition of certain residential mortgage servicing assets from Bank of America, National Association, and/or related businesses from third parties, including, but not limited to, from one or more affiliates of the underwriters in this offering. Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are acting as joint physical book-running managers and Barclays, Wells Fargo Securities and J.P. Morgan are acting as joint book-running managers in connection with this offering. Full Article
Nationstar Mortgage Holdings Inc Proposes Offering Of $250 Million Of Senior Notes
Nationstar Mortgage Holdings Inc announced that wholly owned subsidiaries Nationstar Mortgage LLC (the Company) and Nationstar Capital Corporation (together with the Company, the Issuers) intend to sell, $250 million aggregate principal amount of Senior Notes due 2018 (the Notes) in an underwritten public offering. The Notes will be unsecured and will be guaranteed on a senior basis by Nationstar, Nationstar Sub1 LLC, Nationstar Sub2 LLC and certain of the Company's wholly owned subsidiaries. The issuers intend to use the net proceeds from this offering for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, including, but not limited to, the acquisition of certain residential mortgage servicing assets from Bank of America, National Association, and/or related businesses from third parties, including, but not limited to, from one or more affiliates of the underwriters in this offering. Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are acting as joint physical book-running managers and Barclays, Wells Fargo Securities and J.P. Morgan are acting as joint book-running managers in connection with this offering. Full Article
Nationstar Mortgage Holdings Inc's Indirect Subsidiary Announces Completion of Acquisition
Nationstar Mortgage Holdings Inc announced that its indirectly held wholly owned subsidiary, Nationstar Mortgage LLC, completed the acquisition of the origination platform and unfunded loan pipeline from Greenlight Financial Services on May 31, 2013. The acquisition price for these assets is up to $75 million. Full Article
Nationstar Mortgage Holdings Inc Announces Pricing of $300 Million of Senior Notes due 2022
Nationstar Mortgage Holdings Inc announced the pricing of $300 million aggregate principal amount of 6.500% Senior Notes due 2022 (the Notes) offered by its wholly-owned subsidiaries Nationstar Mortgage LLC (the Company) and Nationstar Capital Corporation (together with the Company, the Issuers) in an underwritten public offering. The offering is expected to close on May 31, 2013, subject to customary closing conditions. The Notes will be unsecured and will be guaranteed on a senior basis by Nationstar, Nationstar Sub1 LLC, Nationstar Sub2 LLC and certain of the Company`s wholly-owned subsidiaries. The Issuers will use the net proceeds from this offering for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, including, but not limited to, the acquisition of certain residential mortgage servicing assets from Bank of America, National Association, and/or related businesses from third parties, including, but not limited to, from one or more affiliates of the underwriters in this offering. Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are acting as joint physical book-running managers and Barclays, Wells Fargo Securities and J.P. Morgan are acting as joint book-running managers in connection with this offering. Full Article
Nationstar Mortgage Holdings Inc Proposes Offering Of $300 Million Senior Notes
Nationstar Mortgage Holdings Inc announced that wholly owned subsidiaries Nationstar Mortgage LLC (the Company) and Nationstar Capital Corporation (together with the Company, the Issuers) intend to sell, subject to market and other conditions, $300 million aggregate principal amount of Senior Notes due 2022 (the Notes) in an underwritten public offering. The Notes will be unsecured and will be guaranteed on a senior basis by Nationstar, Nationstar Sub1 LLC, Nationstar Sub2 LLC and certain of the Company's whollyowned subsidiaries. the Issuers intend to use the net proceeds from this offering for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, including, but not limited to, the acquisition of certain residential mortgage servicing assets from Bank of America, National Association, and/or related businesses from third parties, including, but not limited to, from one or more affiliates of the underwriters in this offering. Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are acting as joint physical book-running managers and Barclays, Wells Fargo Securities and J.P. Morgan are acting as joint book-running managers in connection with this offering. Full Article
Nationstar Mortgage Holdings Inc Raises FY 2013, 2014 EPS Guidance
Nationstar Mortgage Holdings Inc announced that for fiscal 2013, it expects earnings per share of between $4.05 and $4.75. For fiscal 2014, it expects earnings per share of between $6.45 and $7.50. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $4.14 for fiscal 2013; EPS of $6.11 for fiscal 2014. Full Article
Nationstar Mortgage Holdings Inc Announces Pricing of $200 Million of Senior Notes due 2021
Nationstar Mortgage Holdings Inc announced the pricing of $200 million aggregate principal amount of 6.500% Senior Notes due 2021 (the Additional Notes) offered by its wholly-owned subsidiaries Nationstar Mortgage LLC (the Company) and Nationstar Capital Corporation, which was upsized due to demand from its original $150 million launch. The Additional Notes are a follow-on issue to the Issuers` $400 million aggregate principal amount of 6.500% Senior Notes due 2021 issued on February 7, 2013 and form a single series of debt securities with the Existing Notes. The Additional Notes will be issued in a private placement at an offering price of 103.250%, have an effective yield of 5.828% and carry a coupon of 6.500% per annum, payable semi-annually in arrears, beginning July 1, 2013. The offering is expected to close on March 26, 2013. The Additional Notes will be unsecured and will be guaranteed on a senior basis by Nationstar, Nationstar Sub1 LLC, Nationstar Sub2 LLC and certain of the Company`s wholly-owned subsidiaries. The Issuers will use the net proceeds from this offering for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, including, but not limited to, the acquisition of certain residential mortgage servicing assets from Bank of America, National Association, and/or related businesses from third parties, including, but not limited to, from one or more affiliates of the initial purchasers in this offering. Full Article
Nationstar Mortgage Holdings Inc Proposes Offering Of $150 Million Senior Notes
Nationstar Mortgage Holdings Inc announced that wholly owned subsidiaries Nationstar Mortgage LLC and Nationstar Capital Corporation (together with the Company, the Issuers) intend to sell, $150,000,000 aggregate principal amount of 6.500% Senior Notes due 2021 (the Additional Notes) in a private placement. The Additional Notes are a follow-on issue to the Issuers' $400,000,000 aggregate principal amount of 6.500% Senior Notes due 2021 issued on February 7, 2013 (the Existing Notes) and will form a single series of debt securities with the Existing Notes. The Additional Notes will be unsecured and will be guaranteed on a senior basis by Nationstar, Nationstar Sub1 LLC, Nationstar Sub2 LLC and certain of the Company's wholly-owned subsidiaries. The Issuers will use the net proceeds from this offering for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, including, but not limited to, the acquisition of certain residential mortgage servicing assets from Bank of America, National Association, and/or related businesses from third parties, including, but not limited to, from one or more affiliates of the initial purchasers in this offering. Full Article
Nationstar Mortgage Holdings Inc Announces Acquisition Of Equifax Settlement Services Holding, LLC (ESS) From Equifax Inc
Nationstar Mortgage Holdings Inc announced that it acquired Equifax Settlement Services Holding, LLC (ESS) from Equifax Inc on February 6, 2013. ESS is a provider of appraisal, title insurance and settlement services in the United States and serves a broad array of blue chip clients, including the largest financial institutions in the country. Nationstar intends to combine ESS with its Solutionstar platform and rebrand ESS as Solutionstar Settlement Services. Full Article
Nationstar Mortgage Holdings Inc's Subsidiary Announces Pricing Of $400 Million Of Senior Notes Due 2021
Nationstar Mortgage Holdings Inc announced the pricing of $400,000,000 aggregate principal amount of 6.500% Senior Notes due 2021 (the Notes) offered by its wholly-owned subsidiaries Nationstar Mortgage LLC (the Company) and Nationstar Capital Corporation (together with the Company, the Issuers). The Notes will be issued in a private placement and carry a coupon of 6.500% per annum, payable semi-annually in arrears, beginning July 1, 2013. The offering is expected to close on February 7, 2013. The Notes will be unsecured and will be guaranteed on a senior basis by Nationstar, Nationstar Sub1 LLC, Nationstar Sub2 LLC and certain of the Company`s wholly-owned subsidiaries. The Issuers will use the net proceeds from this offering for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, including, but not limited to, the acquisition of certain residential mortgage servicing assets from Bank of America, National Association, and/or related businesses from third parties, including, but not limited to, from one or more affiliates of the initial purchasers in this offering. Full Article
RPT-INSIGHT-Rapid growth of US mortgage servicers draws scrutiny
June 10 - When Nationstar Mortgage Holdings Inc tried to buy the rights to collect payments on $122 billion of mortgage loans earlier this year, housing finance giants Fannie Mae and Freddie Mac were not happy.

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