Nationstar Mortgage Holdings, a residential mortgage loan servicer and one of the top five non-bank servicers in the United States, announced terms for its IPO on Friday. The Lewisville, TX-based company plans to raise $300 million by offering 16.7 million shares at a price range of $17.00 to $19.00. At the midpoint of the proposed range, Nationstar Mortgage would command a market value of $1.6 billion. The company plans to list on the New York Stock Exchange under the symbol NSM. BofA Merrill Lynch, Citigroup, Credit Suisse and Wells Fargo are the lead underwriters on the deal.
