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Nationstar Mortgage
Nationstar Mortgage Holdings Inc. was founded in 1994 and is headquartered in Lewisville, Texas. Controlled by Fortress Investment Group LLC,〔http://www.fortress.com/OurBusinesses/AlternativeAssetManagement/PrivateEquity/Funds/SelectInvestments/17〕 the company provides residential mortgage loan services in the United States and consists of Nationstar Morgtage and Solutionstar, a business which provides technology and data enhanced solutions to the real estate market and companies engaged in the origination and/or servicing of mortgage loans.〔http://www.solutionstar.com/about-solutionstar〕 Nationstar Mortgage has a servicing portfolio in excess of $375 billion and over 2 million customers,〔http://www.nationstarholdings.com/〕 and currently employs over 6,000 full time employees.〔http://finance.yahoo.com/q/pr?s=NSM+Profile〕
== History ==
Formed in 1994 as Nova Credit Corporation, the company moved its primary operations to Dallas, Texas in 1997 and changed its name to Centex Credit Corporation. In 2001, Centex Credit Corporation merged into Centex Home Equity Company, LLC (CHEC). In 2006, the name was changed to Nationstar Mortgage LLC after the Initial Stockholder acquired all of its outstanding membership interests.〔http://www.nasdaq.com/markets/ipos/company/nationstar-mortgage-holdings-inc-855544-67149#ixzz3JdOunuUe〕
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