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Nationstar Mortgage to be acquired by WMIH

421 Views | 0 Replies | Last: 6 yr ago by chris1515
ToddyHill
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AG
Just curious if there are any Ags that work for Nationstar and their initial thoughts on the news. I've owned WMIH stock for awhile now and knew they were looking to acquire someone in this area of business.
chris1515
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AG
I do not work for NSM.

Sounds to me like WMIH needed to acquire something in order to use their tax loss carryforwards. And to me that's the only reason for the deal, so I wouldn't expect to see any changes to NSM.

Overall, it feels like a pretty boring acquisition. I expect NSM to slowly converge on the $18 price target.
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