Tuesday, July 17, 2018 1:23:10 AM
Nationstar to Discuss Second Quarter Results on July 17, 2018
DALLAS--(BUSINESS WIRE)--Jul 12, 2018--Nationstar Mortgage Holdings Inc. (NYSE: NSM) (“Nationstar”) plans to discuss its financial results for the second quarter 2018 on Tuesday, July 17, 2018 at 9:00 A.M. Eastern Time. A copy of the press release will be posted prior to the call in the Investor Information section of Nationstar’s website, www.nationstarholdings.com. The conference call may be accessed by dialing 855-874-2685 (toll-free), or 720-634-2923 (international), five minutes prior to the scheduled start of the call. Please use the participant passcode 7668739 to access the conference call. A simultaneous audio webcast of the conference call will be available in the Investor Information section of www.nationstarholdings.com.
A telephonic replay will also be available approximately two hours after the conclusion of the conference call by dialing 855-859-2056 (toll-free), or 404-537-3406 (international). Please use the passcode 7668739 to access the replay. The replay will be accessible through July 31, 2018.
https://www.scnow.com/news/business/wire/article_52bd5ebf-29be-55fa-ba81-c79c5b1a492d.html
http://investors.nationstarholdings.com/Cache/1001239444.PDF?O=PDF&T=&Y=&D=&FID=1001239444&iid=4288863
I have a few questions:
- The numbers NSM reports today... can they start using the NOLs for tax benefits?
- Will NSM be holding the best news for next quarter? not to influence those that have to make up their minds Cash vs Shares by July 26th.
- Could Jay Bray announce something else (pending for after merger is sealed?
According to CIT, the company “outsourced the payment, servicing and administration of duties” on its $5.2 billion mortgage servicing portfolio to a “leading national provider” of residential servicing. The company did not disclose which company is taking over the servicing of its mortgage portfolio, nor did it disclose any financial details of the servicing deal.
The company also did not reveal any further financial details on the sale of Financial Freedom
I believe majority of NSM holders will want WMIH shares as their choice on July 26th.
"Nationstar stockholders whose election materials are not received in proper form by the exchange agent by the Election Deadline will be deemed to have made a stock election"
Now that we know dates looking forward to days advancing. Last few days for buying opportunity in WMIH.
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