Nationstar Mortgage Announces Pricing of $2.0 Billion Servicing Advance Securitization and Other Facilities

  Nationstar Mortgage Announces Pricing of $2.0 Billion Servicing Advance
  Securitization and Other Facilities

Business Wire

LEWISVILLE, Texas -- June 6, 2013

Nationstar Mortgage Holdings Inc. (NYSE: NSM)-

  *Reduces interest rate by more than 1.75%
  *Increases advance rate to 93%
  *Efficient funding vehicle for advances; future issuances planned

Nationstar Mortgage Holdings Inc. (NYSE: NSM)(the “Company”), a leading
residential mortgage services company, announced today the pricing of $1.0
billion in fixed rate asset-backed term notes (the “Term Notes”) to be issued
by Nationstar Mortgage Advance Receivables Trust (the “Issuer”). Also in
connection with the offering, Nationstar will issue approximately $1.0 billion
of variable funding notes (“VFNs”, and together with the Term Notes, the
“Notes”). The issuance and sale of the Notes is subject to customary closing
conditions and is expected to close on June 7, 2013.

The Term Notes carry a weighted average fixed interest rate of 2.10% and a
weighted average term of 3.0 years. The Notes will replace $1.9 billion in
existing non-Agency servicing advance facilities and are expected to result in
a reduction in rate of over 1.75%. Additionally, the effective advance rate of
the Notes will be approximately 93%, an increase over the effective advance
rate on the facilities being replaced. This securitization, in addition to the
Agency securitization in January 2013, is part of Nationstar’s programmatic
Term Asset-Backed Security (“ABS”) issuance program which will allow it to
efficiently finance current and future acquisitions of Agency and non-Agency
servicing advance assets.

“I am pleased to announce the execution of our recent non-Agency servicer
advance securitization,” said Jay Bray, Nationstar’s CEO. “This securitization
is yet another example of Nationstar executing on our stated goals of lowering
advance funding costs and increasing the profitability of our servicing
segment. This execution also diversifies our funding sources and exchanges
floating-rate debt with fixed-rate term debt locked in at extremely favorable
rates. We intend to access the ABS markets several times in the upcoming
quarters as we board acquired portfolios.”

The Notes have not been registered under the Securities Act of 1933, as
amended (the “Securities Act”), or any state securities laws. Accordingly, the
Notes are being offered and sold only to “qualified institutional buyers” (as
defined in Rule 144A under the Securities Act) and outside the United States
to non-U.S. persons in offshore transactions in accordance with Regulation S
under the Securities Act. Therefore, the Notes will be subject to restrictions
on transferability and resale, and may not be transferred or resold absent an
effective registration statement or an applicable exemption from such
registration requirements of the Securities Act.

This press release does not constitute an offer to sell or solicitation of an
offer to purchase with respect to the Notes or other securities, nor shall
there be any sale of the Notes in any state or jurisdiction in which such
offer, solicitation or purchase would be unlawful prior to the registration or
qualification under the securities laws of any such jurisdiction.

About Nationstar

Based in Lewisville, Texas, Nationstar offers servicing, origination, and real
estate services to financial institutions and consumers. Nationstar is one of
the largest servicers in the United States, with a servicing portfolio of $312
billion in unpaid principal balance. Nationstar’s integrated loan origination
business mitigates servicing portfolio run-off and improves credit performance
for loan investors. Our Solutionstar business unit offers asset management,
settlement, and processing services. Nationstar currently employs over 6,200
people as of April 30, 2013.

Forward Looking Statements

Any statements in this release that are not historical or current facts are
forward-looking statements. Forward-looking statements include, without
limitation, statements concerning plans, objectives, goals, projections,
strategies, future events or performance, and underlying assumptions and other
statements, which are not statements of historical facts. Forward-looking
statements convey Nationstar’s current expectations or forecasts of future
events. When used in this release, the words “anticipate,” “appears,”
“believe,” “foresee,” “intend,” “should,” “expect,” “estimate,” “target,”
“project,” “plan,” “may,” “could,” “will,” “are likely” and similar
expressions are intended to identify forward-looking statements. These
statements involve predictions of our future financial condition, performance,
plans and strategies, and are thus dependent on a number of factors including,
without limitation, assumptions and data that may be imprecise or incorrect.
Specific factors that may impact performance or other predictions of future
actions have, in many but not all cases, been identified in connection with
specific forward-looking statements. Forward-looking statements involve known
and unknown risks, uncertainties and other factors that may cause Nationstar’s
actual results, performance or achievements to be materially different from
any future results, performances or achievements expressed or implied by the
forward-looking statements. Certain of these risks and uncertainties are
described in the “Risk Factors” section of Nationstar’s Form 10-K for the year
ended December 31, 2012, and other reports filed with the SEC, which are
available at the SEC’s website at We caution you not to
place undue reliance on these forward-looking statements that speak only as of
the date they were made. Unless required by law, Nationstar undertakes no
obligation to publicly update or revise any forward-looking statements to
reflect circumstances or events after the date of this release.


Nationstar Mortgage Holdings Inc.
Marshall Murphy, 469-549-3005
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