Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 04, 2015 9:21 AM ET

Thrifts and Mortgage Finance

Company Overview of Nationstar Mortgage LLC

Company Overview

Nationstar Mortgage LLC, doing business as Champion Mortgage Company, provides mortgage servicers for customers in the United States. It also offers reverse mortgage services. Nationstar Mortgage LLC was formerly known as Centex Credit Corporation and changed its name to Nationstar Mortgage LLC in 2006. The company was founded in 1994 and is based in Lewisville, Texas. Nationstar Mortgage LLC operates as a subsidiary of Nationstar Mortgage Holdings Inc.

350 Highland Drive

Lewisville, TX 75067

United States

Founded in 1994

Phone:

469-549-2000

Fax:

866-616-2160

Key Executives for Nationstar Mortgage LLC

Nationstar Mortgage LLC does not have any Key Executives recorded.

Nationstar Mortgage LLC Key Developments

Nationstar Mortgage LLC and Nationstar Capital Corporation to Redeem 10.875% Senior Notes Due 2015

Nationstar Mortgage Holdings Inc. announced Nationstar Mortgage LLC and Nationstar Capital Corporation will redeem all of the outstanding 10.875% senior notes due 2015 (CUSIP No. 63860U AB6) on July 25, 2014. On the redemption date, a redemption price of 100% of the principal amount of the notes, plus accrued and unpaid interest on the notes redeemed to, but not including, the redemption date, will be payable by the issuers to the holders on the redemption date. The notes will be redeemed utilizing nationstar's cash on balance sheet. As of June 25, 2014, $285 million aggregate principal amount of the notes were outstanding. The notes are held only in book-entry form through the Depository Trust Company. DTC will redeem the notes in accordance with its procedures and notify the holders. Holders of the notes need not take any action to receive payment of the redemption price.

Nationstar Mortgage LLC Announces Layoff of 115 Employees

Nationstar Mortgage LLC is laying off 115 employees in St. Louis County. The layoffs are effective April 13, 2014. Nationstar Mortgage opened a loan originations, operations and fulfillment center in Westport in 2012. It hired 300 people at that time.

Nationstar Mortgage Mulls Acquisitions

The subsidiaries of Nationstar Mortgage Holdings Inc. (NYSE:NSM), Nationstar Mortgage LLC and Nationstar Capital Corporation, will use the net proceeds from the offering of senior notes for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, and/or related businesses from third parties.

Similar Private Companies By Industry

Company Name Region
SWBC Lending Solutions United States
Vision Holdings Group, Inc. United States
UTLS Technology Services United States
Stohr Capital Group, Inc. United States
RoundPoint Mortgage Company United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 24, 2015
Ocwen Loan Servicing, LLC, Portfolio $25 Billion of Mortgage Servicing Rights
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Nationstar Mortgage LLC, please visit www.championmortgage.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.