Nationstar Mortgage Holdings Inca Delaware Corporation formed in 2011, including wholly-owned subsidiaries provides servicing, origination and transaction based services principally to single-family residences throughout the United States. The Company conducts its operations through servicing, origination's and solution-star through its Nationstar Mortgage and Champion Mortgage brands. It operates an integrated residential loan origination platform that is focused on customer retention. The Company conducts its operations through three operating segments: Servicing, Originations and Xome. The Servicing segment is residential mortgage servicers in the United States conducting operations through its Nationstar Mortgage and Champion Mortgage brands. The Originations segment originate conventional residential mortgage loans through both the Greenlight Financial Services (Greenlight) and Nationstar Mortgage brands.The Xome segment is a residential real estate services and technology company created to perfect the residential real estate transaction experience for consumers and real estate professionals (including brokers and agents) through service offerings. The Company competes against commercial banks and savings institutions, financial institutions, mortgage bankers and mortgage lenders at the local, regional and national level and with a few national vendors as well as a large number of regional and local providers of residential real estate service offerings. The Company is subject to licensing and regulation as a real estate broker, auctioneer, appraisal management company, title agent and/or insurance agent in a number of states and may be subject to new licensing and regulation as it expands service offerings.
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