Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Moody's Investors Service, ("Moody's") assigned a B2 rating, stable outlook to Wand Merger Corporation (Wand)'s proposed issuance of $1.7 billion of new senior unsecured notes due 2023 and 2026. In addition, Moody's affirmed Nationstar Mortgage LLC's B2 corporate family rating, B2 seni...
DALLAS--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYSE: NSM) today reported fourth quarter GAAP net income of $41 million, or $0.41 per diluted share driven principally by strong operating results in the servicing segment. On an adjusted basis, the Company reported earnings for the fourth quarter of $42 million, or $0.43 per diluted share. "Nationstar had an outstanding year in 2017," said Jay Bray, Chairman and Chief Executive Officer. "We welcomed over one million new servicing customers, launched new origination...
DALLAS--(BUSINESS WIRE)-- Mr. Cooper®, the nation’s largest non-bank mortgage servicer, today announced the results of a nationwide survey of 1,155 Americans showing that household debt and credit are key drivers of stress during the holiday season. Almost half of Americans are already in credit card debt and a third said they “at least somewhat wished they could skip the holiday season rather than spend money on gifts.” “U.S. consumer debt is growing by half a trillion dollars each year, and we are see...
FINANCIAL INSTITUTIONS CREDIT OPINION 6 October 2017 Update Contacts Gene Berman 212-553-4139 AVP-Analyst [email protected] Warren Kornfeld 212-553-1932 Senior Vice President [email protected] Brian L. Harris 212-553-4705 Senior Vice President [email protected] CLIENT SERVICES Americas 1-212-553-1653 Asia Pacific 852-3551-3077 Japan 81-3-5408-4100
DALLAS--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYSE: NSM) (“Nationstar”) officially unveiled a new brand name, Mr. CooperSM, on Monday for its mortgage servicing and originations operation. The new brand is a tangible expression of the company’s dedication to making the mortgage process more rewarding for its more than 3 million customers. “We’re excited to officially become Mr. Cooper and will continue our efforts to transform the way we do business,” said Jay Bray, Chairman and CEO of Nationstar. “We to...
DALLAS--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYSE: NSM) (“Nationstar”) today officially unveiled a new brand name, Mr. CooperSM, for its mortgage servicing and originations operation. The new brand is a tangible expression of the company’s dedication to making the mortgage process more rewarding for its more than 3 million customers. “We’re excited to officially become Mr. Cooper and will continue our efforts to transform the way we do business,” said Jay Bray, Chairman and CEO of Nationstar. “We took a...
SEATTLE--(BUSINESS WIRE)-- Attorney Advertising. Keller Rohrback L.L.P. is currently acting as co-lead counsel in Contreras v. Nationstar Mortgage L.L.C., a class action lawsuit filed against Nationstar Mortgage L.L.C. (NYSE: NSM) and its subsidiary Solutionstar L.L.C. in the U.S. District Court for the Eastern District of California. The Contreras complaint is on behalf of homeowners from multiple states and alleges that Nationstar, together with its subsidiary Solutionstar, use an automated system to illegally, unfairly, and ...
DALLAS--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYSE: NSM) today reported a GAAP net loss of ($20) million, or ($0.20) per diluted share for the second quarter 2017. On an adjusted basis, the Company reported earnings for the second quarter of $42 million, or $0.43 per share. Jay Bray, Chairman and Chief Executive Officer, commented, “We delivered strong operational results in the second quarter. Overall we achieved a 43% quarterly improvement in our adjusted pretax income, led by our Originations platform which ...
DALLAS--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYSE: NSM) (“Nationstar”) plans to discuss its financial results for the second quarter on Thursday, August 3, 2017 at 9:00 A.M. Eastern Time. A copy of the press release will be posted prior to the call on the Shareholder Relations section of Nationstar’s website, http://www.mynationstar.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...
STRUCTURED FINANCE ASSESSMENT 18 July 2017 TABLE OF CONTENTS Assessment 1 Summary Opinion 1 Servicer Strengths 1 Servicer Challenges 1 Servicer Description 2 Detailed Assessment 4 Servicing Ability 5 Servicing Stability 7 Appendix: Moody’s Assessment
STRUCTURED FINANCE ASSESSMENT 18 July 2017 TABLE OF CONTENTS Assessment 1 Summary Opinion 1 Servicer Strengths 1 Servicer Challenges 1 Servicer Description 2 Detailed Assessment 4 Servicing Ability 5 Servicing Stability 7 Appendix: Moody’s Assessment
DALLAS--(BUSINESS WIRE)-- As part of its transformation to become more customer-centric, Nationstar Mortgage today announced it has moved its international call center operations back to the United States, creating 500 new jobs and bringing customer service closer to the company’s more than 3 million customers. Moving all call center operations onshore represents one of the key investments the company is making to improve the customer experience. “Our customers shared with us that speaking to U.S. based representatives would ...
DALLAS--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYSE: NSM) today reported first quarter 2017 GAAP net income attributable to Nationstar of $2 million, or $0.02 per diluted share. On an adjusted basis, the Company reported earnings for the first quarter of $29 million, or $0.30 per share. "In the quarter, Servicing delivered solid operational results with 5.6 basis points in profitability,” said Jay Bray, Chairman and Chief Executive Officer. "For the third year in a row, our Servicing operations achieved Fannie M...
DALLAS--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYSE: NSM) (“Nationstar”) today announced that it will officially rebrand its operating company, Nationstar Mortgage LLC, to “Mr. Cooper” in August. The brand name change is a significant step forward in the company’s two year transformation to make homeownership more rewarding and less worrisome for its nearly 3 million customers. Initially, Nationstar launched Mr. Cooper to its team members in early 2016, focusing first on cultural change and a newly establ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.