Market Overview

Xome Hires Rayman Kaur Mathoda as Chief Executive Officer


Xome® Holdings LLC ("Xome"), an indirect wholly-owned subsidiary of WMIH
(NASDAQ:WMIH), today announced the appointment of Rayman Kaur
Mathoda as Chief Executive Officer. Mathoda will be responsible for all
Xome operations, continuing to offer enhanced solutions and exceptional
service to its clients.

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Rayman Mathoda Executive Vice President & Chief Executive Officer, Xome Holdings LLC (Photo: Busines ...

Rayman Mathoda Executive Vice President & Chief Executive Officer, Xome Holdings LLC (Photo: Business Wire)

"Rayman brings a 20-year track record of success in the real estate
market. She is a strategic thinker with operational savvy who is
uniquely qualified to leverage technology, tools and intellectual
property to expand Xome's third-party exchange, title, valuation and
field services businesses," said Jay Bray, Chairman and CEO of WMIH
Corp., the holding company for Xome. "I'm thrilled to welcome her
experience, energy and leadership to Xome."

In her role, Mathoda will oversee the growth of Xome throughout all
segments, including the expansion of third-party opportunities across
the exchange, title, valuation and field services businesses and the
transition of the recently acquired Assurant Mortgage Solutions
business. She will also continue to position Xome's proprietary
technology in the exchange segment as a digital platform for buying and
selling homes.

"Xome is a leading technology-driven solutions provider within the
industry," said Mathoda. "Setting our sights toward the future, we
believe we're uniquely positioned to meet the changing needs of our
customers in the real estate and mortgage sectors, and I look forward to
being a part of the journey."

Prior to joining Xome, Mathoda led Genesis Capital as Co-CEO and member
of the Board of Directors, originating over $2 billion in loans to the
nation's top real estate developers, with zero losses, and documented
strong investor returns. Before then, she was a focal point in the
transformation and success of mortgage and real-estate enterprises,
including serving as President of Hudson & Marshall, Chief Operations
and Revenue Officer for ALAW, and Chief Administrative Officer at
OneWest Bank.

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

Forward Looking Statements

This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
including, but not limited to, WMIH's and Xome's expectations or
predictions of future financial or business performance or conditions.
All statements other than statements of historical or current fact
included in this press release that address activities, events,
conditions or developments that we expect, believe or anticipate will or
may occur in the future are forward-looking statements. Forward-looking
statements give our current expectations and projections relating to our
financial condition, results of operations, plans, objectives, future
performance and business and these statements are not guarantees of
future performance. Forward-looking statements may include the words
"anticipate," "estimate," "expect," "project," "intend," "plan,"
"believe," "strategy," "future," "opportunity," "may," "should," "will,"
"would," "will be," "will continue," "will likely result," and similar
expressions. Such forward-looking statements involve risks and
uncertainties that may cause actual events, results or performance to
differ materially from those indicated by such statements. Certain of
these risks are identified and discussed in documents WMIH and
Nationstar have filed or will file from time to time with the SEC. These
risk factors will be important to consider in determining future results
and should be reviewed in their entirety. These forward-looking
statements are expressed in good faith, and WMIH believes there is a
reasonable basis for them. However, there can be no assurance that the
events, results or trends identified in these forward-looking statements
will occur or be achieved. Forward-looking statements speak only as of
the date they are made, and WMIH and Xome are not under any obligation,
and expressly disclaim any obligation, to update, alter or otherwise
revise any forward-looking statement, except as required by law. Readers
should carefully review the statements set forth in the reports that
WMIH and Nationstar have filed or will file from time to time with the

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