Mon, Apr 21, 2014, 7:59 AM EDT - U.S. Markets open in 1 hr 31 mins

Recent

% | $
Quotes you view appear here for quick access.

Nationstar Mortgage Holdings Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • alpha2735 alpha2735 Nov 14, 2012 10:38 AM Flag

    Current Thoughts?

    Thanks mate. Always nice to have a considered, intelligent opinion on these boards. I thought this board was dead for a moment. What do you think the impact of JPM's purchase of Metlife's portfolio will have on NSM?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I agree with the ceo on the conf. call that met lifes portfolio is not a very good fit for them he said he did not bid on it. I think it will not impact the company at all. they are more into the banking mortgage portfolio action i think.

      Sentiment: Buy

    • This sector has been run up at lightening speed. Reason: sector build out. There was an understanding that the banks were going to offload trillions in servicing loan portfolios. Now that Jim and wells are here to stay, it's down to buying portfolios that are priced higher than thought with very little margin obtainable in the short term. The scraps are being fought over and for now OCN and WAC are winning. NSM was supposed to easily have secured the MetLife portfolio. And, had the strongest chance to get the rescap one. So, you're seeing a multiple reasoned sell off. Next strong support is $20. So, don't buy so quickly. Be patient. There is still an opportunity in the long run. Though watch the margin spreads.

 
NSM
32.18-0.29(-0.89%)Apr 17 4:03 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.