This just in: In a solid environment for real estate, mortgage servicing is a good business....
This just in: In a solid environment for real estate, mortgage servicing is a good business. Nationstar Mortgage (NSM) is now +19.6% premarket on its acquisition of $215B in MSRs from Bank of America. The company also gained 6% late Friday on rumor of the deal. Walter Investment (WAC) - which got a $93B slice of the BofA sale - +4.5% premarket after a 4.4% jump on Friday.
From other sites
at CNBC.com (Apr 10, 2014)
at CNBC.com (Mar 14, 2014)
at CNBC.com (Mar 5, 2014)
at CNBC.com (Jul 31, 2013)
at CNBC.com (May 24, 2013)
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