Centex Home Equity, Dallas, has been renamed Nationstar Mortgage LLC to mark the completion of the unit's sale to Fortress Investment Group by Centex Corp.Nationstar said it ranks eighth nationally among retail nonprime lenders and is licensed to do business in 47 states. Retail loans are originated through 70 branches and three centralized call centers in Dallas, Phoenix, and Denver, the company said. Nationstar also sources loans indirectly through mortgage brokers served by four wholesale service centers. The company's new website can be found at http://www.nationstarmtg.com.
-
Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.
1h ago -
Texas Capital Bank wants to bring the Administrative Procedures Act into the case, but Ginnie Mae said the legal proceedings are outside its scope.
1h ago -
Better's home equity loan product can be originated in a week or less, the company says.
2h ago -
The top five producers had an average dollar loan volume of more than $140 million in 2023.
5h ago -
The threats to companies loom as borrowers face soaring homeowners insurance costs, ex-Ginnie Mae head Ted Tozer explains.
7h ago -
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
April 22