Nationstar Mortgage

  • Don't Worry About This Company's Astronomical P/E

    By Jon Quast - July 1, 2013 | Tickers: NSM, TREE, WAC

    Walter Investment Management's (NYSE: WAC) price-to-earnings ratio is simply astronomical--it's currently north of 11,000! However, if you think that this company is grossly overvalued, you are wrong. In fact, this company could be a very real value opportunity.

    The business

    Walter operates in a sector that many investors would like to avoid: mortgage investment. Unlike a high-yield mortgage REIT, this company is a mortgage servicer for high-risk more »

  • Hayman Capital's Top Picks Favoring Expansion and Restructuring

    By Madhukar Dubey - June 13, 2013 | Tickers: HUN, NSM, TPX

    Hayman Capital Management is a hedge fund owned by its employees. It manages assets worth $1.1 billion and uses fundamental analysis to design its portfolio. The primary investing policy of this fund is focused on public equity and fixed income securities. It invests in companies that keep changing their strategies as per the market conditions to derive higher returns. According to its last 13F filing, the fund reported its more »

  • Amazing Upside Left at Ocwen Financial

    By Mark Holder - May 22, 2013 | Tickers: ASPS, NSM, OCN

    While the market remains focused on chasing every business run by Elon Musk, it continues to ignore huge cash flow generators such as Ocwen Financial (NYSE: OCN). The company grew revenue by 147% during the first quarter of 2013 yet all indications are that the pipeline is loaded with further growth.

    The mortgage servicing sector has become a very profitable business since the financial crisis as large banks have sold more »

  • This Industry Owes a Debt to Uncle Sam

    By Robert Hanley - April 5, 2013 | Tickers: NSM, OCN, WAC

    The mortgage servicing companies are firing on all cylinders, with rising assets, profitability ratios, and stock prices. Their business model is pretty straightforward: collect payments from debtors, remit payments to creditors, and provide administration for any legal or settlement issues. While the industry is dominated by the internal units of the large national banks, more stringent government regulations have forced the banks to sell servicing rights in order to meet more »

  • Cash Flowing with Ocwen Financial

    By Mark Holder - March 29, 2013 | Tickers: NSM, OCN, WAC

    The mortgage servicing business has become a very profitable business since the financial crisis as large banks have sold the rights to smaller, focused firms such as Ocwen Financial (NYSE: OCN). The ongoing trend of banks selling off non-core servicing assets is expected to continue as many large and some regional banks see the servicing of delinquent loans as harmful to the banks consumer franchise--not to mention the fact that more »

  • Earnings Up 300% in Q4

    By Mike Thiessen - March 25, 2013 | Tickers: FIG, JPM, NSM

    Many investors were pleasantly surprised to hear that Nationstar Mortgage Holdings (NYSE: NSM) grew its after-tax earnings by more than 300 percent during the fourth quarter of 2012. The once-struggling mortgage servicing company now appears to be on track to report outsize earnings growth for the 2013 fiscal year and offers yet another signal that the American housing sector is getting back on its feet.

    Nationstar has attracted the attention more »

  • Investing in These 3 Homebuilders Will Not Disappoint You

    By Shweta Dubey - March 24, 2013 | Tickers: DHI, KBH, LEN, NSM

    2012 was a stable year for the housing market, with respect to both volume and prices. According to a study by Fiserv Inc., home prices could further increase 0.6% by the end of the third quarter of 2013. Additionally, the expected growth in prices for the next five years is around 3.3%.

    With the expected rise in the near future, holding on to the right housing stock can more »

  • Ocwen and Nationstar Earnings

    By Austin Higgins - March 13, 2013 | Tickers: BAC, NSM, OCN

    Ocwen Financial Corp (NYSE: OCN) announced their quarterly earnings last week at a solid $0.47 per share. This represents an increase of 67% in adjusted earnings from the same time last year. Unfortunately, they missed Wall Street estimates of $0.50 earnings per share. 

    Ocwen provides loan servicing for mortgages, as well as asset management in the United States and abroad. They manage residential assets and are engaged in more »

  • Three Big Buys by Kyle Bass in the Fourth Quarter

    By Aubrey Tabuga - March 4, 2013 | Tickers: HUN, NSM, TPX

    Kyle Bass is known for successfully playing the right cards in the sub-prime market crisis in 2007, which gave his fund an enormous return of 216% in that year. Since then, he has become a notable figure closely observed by many investors. His expertise is on examining debt levels; his hedge fund has in fact turned into a “debt analysis think-tank.”  His theses on Japan and several Euro-zone economies were more »

  • Fortress Investment Group’s Top Stock Picks

    By Meena Krishnamsetty - January 15, 2013 | Tickers: AIG, BKD, NSM, BOX

    Fortress Investment Group started out as a private equity firm in 1998, founded by Wesley Edens (a former partner at BlackRock Financial), Robert Kauffman (a managing director of UBS) and Randal Nardone (another managing director of UBS). Fortress has four core businesses: private equity, credit, liquid markets and traditional asset management. The firm has been successful with taking portfolio companies public, including Aircastle, Brookdale Senior Living and RailAmerica. After reviewing more »

  • Monday’s Most Significant Movers & the Meaning to Such Movement

    By Brian Nichols - January 8, 2013 | Tickers: MCP, NSM, PPHM, SCTY, VVUS

    The market fell nearly 0.50% on Monday after reaching multi-year highs. However, this period of profit taking did not slow a group of stocks that traded considerably higher behind numerous key developments. In this article I am looking at these stocks, determining why they moved, and how investors might want to play the news.

    Company

    Ticker

    1/7/13 Performance*

    Peregrine Pharmaceuticals

    (NASDAQ: PPHM)

    75.56%

    VIVUS

    (NASDAQ: VVUSmore »)

  • Billionaire Julian Robertson is Correct about Ocwen

    By Meena Krishnamsetty - October 25, 2012 | Tickers: ASPS, NSM, OCN

    In a recent appearance on CNBC, billionaire Julian Robertson- the legendary head of Tiger Management and mentor to the many “Tiger Cubs” currently managing their own hedge funds- mentioned Ocwen Financial (NYSE: OCN) as one of the stocks that he liked (see more of billionaire Robertson's recommendations). We also recently looked at some of the stock holdings of Pine River Capital Management, and they had a position in Ocwen more »

  • Top Stock Picks of Best Performing Hedge Funds: Fortress Investment Group

    By Meena Krishnamsetty - October 24, 2012 | Tickers: ACAS, BKD, NSM, RA, BOX

    Fortress Investment Group is the top-performing fund of the third quarter of the over 400 funds and investors we track, seeing a return of almost 44% during 3Q. We have calculated the value-weighted returns for 400 hedge funds in the 1500 largest stocks and complied a list of the top performing funds for the first three quarters of 2012. The returns are based on the fund’s 13F long positions more »

  • Buffett Increases Competition Within mREIT Market

    By Bobby Fisher - June 26, 2012 | Tickers: BRK-A, FIG, NSM

    Bloomberg Business Week recently reported on Berkshire Hathaway's (NYSE: BRK-A) joint venture with Berkadia Commercial Mortgage LLC. This venture was created from a loan service and mortgage business Buffett purchased from Ally Financial in 2009. Berkadia is a commercial mortgage company, but it could show us what any future Berkshire residential mortgage shop would look like.

    Buffett has been trying to purchase at least some assets from Ally's more »