Opening and Closing Bell on Wall Street
Nationstar Mortgage Holdings Inc. (NYSE-Listed NSM), one of the nation’s leading mortgage servicers, visits the NYSE to celebrate the company’s recent IPO. Nationstar Mortgage began trading on the NYSE on March 8, 2012 under the ticker symbol “NSM.” In honor of the occasion, CEO Jay Bray rings The Opening BellSM.
About Nationstar Mortgage Holdings Inc. (NYSE: NSM)
Nationstar Mortgage, is one of the largest mortgage servicers in the US. Based in Lewisville, Texas near Dallas, Nationstar currently services over 600,000 residential mortgages totaling nearly $107 billion in unpaid principal balance. Nationstar is also one of a few non-bank mortgage servicers to offer integrated loan origination capabilities, enabling the company to both mitigate its portfolio run-off and improve credit quality for loan investors. In addition, Nationstar offers a diverse array of complementary services for mortgage investors to improve asset performance including REO management and credit recovery. The company currently employs approximately 2,600 people, entirely based in the Unites States.