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Thursday, February 26, 2015

Mortgage Servicers Nationstar, Walter's Q4 Disappoint



Investors.com http://ift.tt/1MVvFew Nationstar Mortgage (NSM) underwhelmed Wall Street in the fourth quarter with earnings hit by higher servicing expenses and increased amortization. The Dallas-based residential mortgage servicer earned 21 cents a share, well above the 23-cent loss Nationstar reported a year earlier. Adjusted for one-time costs and gains, Nationstar earned 58 cents a share. Both numbers were well below estimates of analysts polled by Thomson Reuters, who forecast


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