A sequential acceleration in home-lending activity at Nationstar Mortgage Holdings Inc. is likely to repeat as the company trimmed refinance share. Delinquency dropped.
In the three months ended Sept. 30, income before income tax expense at Nationstar was $12 million, according to its earnings data for the third quarter.
Income at the Dallas-based organization sank from the same-three months in 2016, when it earned $71 million. But returns swung from a $29 million second-quarter 2017 loss.
Source: Mortgage Daily