Quarterly loan originations are holding up at Nationstar Mortgage Holdings Inc., and signs point to more of the same. Servicing, however, was down.
In its fourth-quarter 2017 earnings report, the Dallas-based mortgage banking firm disclosed income before income tax expense of $58 million.
Earnings sank from $317 million in the final-three months of 2016. But results were stronger than $12 million in the preceding three-month period.
Source: Mortgage Daily