Nationstar Mortgage Holdings Inc. Buyback
OLI recorded this information on 1/10/2017
Nationstar Mortgage Holdings Inc.
Nationstar Mortgage Holdings Inc. (NYSE:NSM) ("Nationstar") announced today that its Board of Directors has approved the repurchase of up to $100 million of the company's common stock through December 31, 2017. This program replaces the previous share repurchase program, which expired on December 16, 2016.
Nationstar Mortgage Holdings provides servicing, origination and transaction based services related primarily to single-family residences. Co. conducts its operations through three operating segments. Co.'s Servicing segment services both forward and reverse loan portfolios through its Nationstar Mortgage and Champion Mortgage brands. Co.'s Originations segment comprises both direct-to-consumer and correspondent lending. Co.'s Xome segment is a provider of technology and data solutions to home buyers, home sellers, real estate personnel and companies engaged in the origination and/or servicing of mortgage loans.
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Hold (1.75 out of 4)
(ranked higher than approx. 74% of all stocks covered)
Based on Zacks ABR data;
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