This after Nationstar to buy $10.4 Billion in Mortgage-Servicing Rights from BofA and looking for others!


Housing Wire-

Nationstar Mortgage Services closed on a deal to buy $16.1 billion in servicing rights previously owned by Aurora Bank.

The rights are tied to loans bundled into Fannie Mae and Freddie Mac pools, according to a financial filing.

In March, Aurora agreed to sell $63 billion in MSRs to Nationstar.

Nationstar said it expects to close on the remaining servicing rights on June 26.

[HOUSING WIRE]