- $150M would be enough to buy back about 12.6M shares of the company's roughed-up stock at last night's closing price of $11.88. That's more than 11% of the float.
- Source: Press release
- In a new presentation today, the company says intrinsic book value excluding Xome is $15.77 per share. As for Xome, it's a unicorn says the company - worth more than $1B.
- Previously: Nationstar Mortgage slides after Raman exit (Dec. 1)
- NYSE:NSM flat premarket