Wednesday, November 7, 2012

Nationstar 3Q earnings jump on mortgage servicing growth

The company's income from mortgage servicing fees increased 58% over the previous quarter to $135.4 million. That boost comes from revenue associated with Nationstar's $63.7 billion acquisition of Aurora Bank's MSRs in June.

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Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/SVkwGZ5MHy0/nationstars-third-quarter-earnings-jump-52-servicing-portfolio-expands

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