Introduction:
Nationstar Mortgage Holdings Inc. provides servicing, origination, and transaction based services primarily to single-family residences in the United States. It operates in three segments: Servicing, Originations, and Xome. The Servicing segment offers residential mortgage services, such as loan administration, payment processing, mortgage escrow account administration, collection of insurance premiums, and response to homeowner inquiries, as well as loss mitigation solutions, including loan modifications and supervision of foreclosures and property dispositions on behalf of the owners of the loans. The Originations segment originates conventional residential mortgage loans under the Greenlight Financial Services and Nationstar Mortgage brands. This segment primarily markets mortgage products to existing servicing customers and customers of homebuilders, as well as participates in the correspondent market. The Xome segment provides residential real estate services and technology to perfect the residential real estate transaction experience for consumers and real estate professionals. It offers Xome Exchange, a tech-enabled platform that manages and sells residential properties; Xome Services, which connects the touch points of the real estate transactions process by providing title, valuation, settlement, and closing services to consumer and financial institutions; and Xome Technology and Support that provides connectivity for the residential real estate market through technology development, data analytics, and customer relationship management tools. Nationstar Mortgage Holdings Inc. serves homeowners, homebuyers, home sellers, investors, and real estate agents. The company was founded in 1994 and is headquartered in Coppell, Texas. Nationstar Mortgage Holdings Inc. is a subsidiary of Fortress Investment Group LLC.