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Nationstar Mortgage files for a $400 million IPO

May 16, 2011

Nationstar Mortgage Holdings Inc., a residential mortgage loan servicer and one of the top five non-bank servicers in the United States, filed on Monday with the SEC to raise up to $400 million in an initial public offering. The Lewisville, TX-based company booked $261 million in sales for the 12 months ended December 31, 2010, plans to list on the NYSE. Neither underwriter information nor pricing terms were disclosed.