Nationstar Mortgage Holdings Inc. has purchased Equifax Settlement Services Holding, a provider of appraisal, title insurance and settlement services. The mortgage lender and servicer said it intends to combine ESS with its Solutionstar platform and rebrand ESS as Solutionstar Settlement Services. Solutionstar offers asset management, settlement and processing services.
Nationstar has been very active in the past few weeks. On Wednesday it priced a debt offering. The proceeds are being used to help pay for its acquisition of a Bank of America mortgage servicing rights portfolio, which closed on Feb. 4.