Nationstar Launches Capital-Light Servicing Acquisition Structure; Sale of Advances of $3.2B, Potential for Up to $6.3B

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Nationstar Mortgage Holdings Inc.
NSM
: Initial transaction: sale of advances of $3.2 billion with potential for up to $6.3 billion Related sale of RMSRs on $58 billion of UPB with potential for up to $130 billion of UPB Unlocks up to $681 million in advance equity to be redeployed into high-return opportunities Increases balance sheet efficiency with a low-cost structure that can be deployed on future acquisitions
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