Nationstar posts 2Q net income of $75M

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Net income was $6.3 billion, up 5%. Revenue was $24.5 billion, down 3%, driven by lower mortgage banking revenue and lower CIB Markets revenue related to business simplification, partially offset by.

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Nationstar posts 2Q net income of $75M HousingWire "We remain resolute in our strategy of creating long-term sustainable growth by capitalizing on market opportunities, increasing the profitability of our servicing segment, building the first fully integrated digital platform for buying or selling a.

COPPELL, Texas (AP) _ Nationstar Mortgage Holdings Inc. (NSM) on Tuesday reported second-quarter net income of $58 million, after reporting a loss in the same period a year earlier. The Coppell, Texas-based company said it had profit of 59 cents per share. Earnings, adjusted for non-recurring gains, came to 53 cents per share.

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Prepared Remarks: We reported GAAP net income of $58 million or $0.59 per diluted share and adjusted earnings of $52 million or $0.53 per diluted share, which is a 20% increase from the prior quarter. Servicing generated 5.8 basis points of adjusted profitability on a servicing portfolio of nearly $500 billion.

Macromedia (MACR ) lowered 3Q revenue guidance to $70M-$75M, citing tough economic conditions. El Paso Energy (EPN ) reaffirmed $12M-$17M 4Q earnings expectation, sees 2002 net income of about $70M.

FGL Holdings 2Q18 Earnings Presentation August 8, 2018 2 legal disclosures All data in this presentation are as of June 30, 2018, unless stated otherwise. Caution regarding forward-looking statements: This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of

We reported GAAP net income of $58 million or $0.59 per diluted share and adjusted earnings of $52 million or $0.53 per diluted share, which is a 20% increase from the prior quarter.

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Nationstar posts 2Q net income of $75M. By. Isabel Coffman. Posted in. Mortgage Brokers. Contents Mortgage-servicing division suspend Mac posts net loss Post corporate income tax Interest rates drop Ally Financial denies foreclosure moratorium Blackstone to sell bonds backed by lease payments.

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