Late-session spike for Nationstar Mortgage

|About: Nationstar Mortgage Hold... (NSM)|By:, SA News Editor

There's no news of note yet behind a late-afternoon spike in Nationstar Mortgage (NSM +6.6%). Nationstar and the rest of the nonbank servicers have been mercilessly beaten up of late on questions of whether their speedy growth can keep up now that regulators have drawn a target on their back.

Ocwen (OCN +3.3%), Walter Investment (WAC +5%), New Residential (NRZ +3%).