Nationstar Shines
The mortgage debacle of 2008-2009 left thousands of homeowners, bank shareholders and mortgage vendors in a big mess. But after the dust cleared and industry veterans had a chance to survey the new landscape, a handful of energetic, young or revamped companies were able to step in and make fortunes.
One of those is Nationstar Mortgage (NSM), which is now one of the largest independent residential loan servicers in the United States. At the end of the first quarter, the company had serviced over 635,000 residential mortgage loans totaling a balance of more than $100 billion. Clients include national and regional banks, government entities, private investment funds and just about any firm that owns residential loans and securities....547 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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