Nationstar Mortgage Holdings Inc. (NSM) managed to set off a mini firestorm in mortgage industry stocks during early November 2013, when the lender-but-mostly-servicer missed on its quarterly earnings and surprised analysts to the downside, while also announcing it would sell off assets
to Stonegate Mortgage (SGM), consolidate operations and reduce its payroll. So where does this member of the HW 30 stock index go from here? Below, we’ll look at both the bear and bull cases for this industry stock and member of the HW 30 equity index. …read more
Leave a Reply