Nationstar Announces Appointment of Two New Executives

DALLAS--(BUSINESS WIRE)--

Nationstar Mortgage Holdings Inc. NSM ("Nationstar"), a leading residential mortgage services company, today announced the hiring of Steve Covington as Chief Compliance Officer and Tony Ebers as Executive Vice President of Originations.

Mr. Covington brings more than 20 years of senior leadership experience in risk management and compliance in the mortgage industry where he most recently served as Executive Director of Morgan Stanley's residential mortgage risk management unit. Prior to Morgan Stanley, Mr. Covington was senior vice president of residential mortgage quality control and compliance at Fleet Mortgage Corporation and later First Horizon Home Loans.

Mr. Ebers joins the company after holding key leadership positions in mortgage lending, servicing and real estate transaction related services for the past 25 years. Most recently, he served as the Originations Division President at ServiceLink, a Black Knight Company. Prior to ServiceLink, Mr. Ebers served as executive vice president of Mortgage Lending and Servicing at OneWest Bank.

"We are excited to have Steve and Tony join Nationstar and strengthen our leadership team. Steve's extensive experience in risk management and compliance in the mortgage industry will be an asset to Nationstar as we continue to strive to become the most compliant servicer in the industry. Tony has been an origination industry leader for more than two decades and we look forward to him capitalizing on the significant opportunities within our servicing portfolio while building on our strong origination results from the first half of 2015," said Nationstar Chief Executive Officer Jay Bray.

Both Mr. Covington and Mr. Ebers will report directly to Mr. Bray.

About Nationstar Mortgage Holdings Inc.

Based in Dallas, Texas, Nationstar earns fees through the delivery of quality servicing, origination and transaction based services related principally to single-family residences throughout the United States. Additional corporate information is available at www.nationstarmtg.com.

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