The previously announced acquisition of Nationstar Mortgage Holdings Inc. by the former parent of failed Washington Mutual Bank has been completed.

In February, an agreement was announced for Seattle-based WMIH Corp. to acquire Nationstar, which is based in Dallas where it plans to continue maintaining its headquarters.

WMIH Corp. was formerly known as Washington Mutual Inc., the parent of Washington Mutual Bank until the bank was seized by the Office of Thrift Supervision in September 2008.


Source: Mortgage Daily