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Slide #73. Nationstar Mortgage Holdings Inc. — Equifax Settlement Services Holding, LLC
Nationstar Mortgage Holdings Inc. (NSM)
Equifax Settlement Services Holding, LLC
Nationstar Mortgage Holdings Inc., a leading residential mortgage services company, announced that it acquired Equifax Settlement Services Holding, LLC ("ESS") from Equifax Inc. on February 6, 2013. ESS is a leading 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".
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. 76% of all stocks covered)
Based on Zacks ABR data;
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