Market Overview

Xome® Acquires Assurant Mortgage Solutions


Strategically Expanding Revenue and Growing Third Party Sales

Holdings LLC ("Xome") an indirect wholly-owned subsidiary of WMIH
(NASDAQ:WMIH) ("WMIH"), today announced that it has acquired
Assurant Mortgage Solutions Group from Assurant, Inc. (NYSE:AIZ), a
global provider of risk management solutions.

The acquisition expands Xome's footprint and grows its third-party
client portfolio across its valuation, title, and field services
businesses. Assurant Mortgage Solutions' clients will gain access to
Xome's customer centric full-service real estate platform.

"We are excited the Xome team is growing with the acquisition of
Assurant Mortgage Solutions. We're confident that the products and
expertise Assurant Mortgage Solutions brings will give our combined
clients exceptional service, enhanced solutions and comprehensive
end-to-end capabilities," said Jay Bray, Chairman and CEO of WMIH Corp.
"This acquisition accelerates Xome's goals for third-party growth and
brings more value to our company, valued clients and shareholders."

Xome will be able to enhance product offerings for these clients and
their customers, including access to Xome's proprietary exchange
platform and the ability to tap into leading mortgage and real estate
data and analytics to improve the delivery and quality of service

The acquisition closed on August 1, 2018, for $35 million in cash with
additional consideration dependent on achieving certain future
performance targets. The acquisition of Assurant Mortgage Solutions will
contribute meaningful revenue to the Xome segment. With this
acquisition, the majority of Xome's revenue will be derived from third
party business. The 2018 earnings target for Xome is expected to remain
unchanged as we integrate the platform. The acquisition is expected to
be accretive to earnings in 2019.

About Xome

Xome Holdings LLC is a real estate solutions provider serving mortgage
servicers, originators, real estate professionals, financial
institutions and home buyers and sellers. Xome offers asset management,
property disposition, title, close, valuation and field services through
an integrated, technology driven platform. Based in the Dallas area,
Xome is an indirect wholly owned subsidiary of WMIH Corp. (NASDAQ:WMIH).
For more information, please visit

About WMIH Corp.

WMIH Corp.'s (NASDAQ:WMIH), formerly known as Washington Mutual, Inc.,
operations consist primarily of Nationstar Mortgage, which provides
quality servicing, origination and transaction-based services related
principally to single-family residences throughout the United States.
Nationstar is a recognized leader in the mortgage industry with more
than two decades of experience, and with its flagship brand, Mr.
Cooper®, is one of the largest mortgage servicers in the country. A
subsidiary of WMIH also operates a legacy reinsurance business in runoff
mode. Additional information regarding WMIH may be found at

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