Hanging With Mr. Cooper (Eh. Nationstar Mortgage) [Seeking Alpha]
NATIONSTAR MTG (NSM)
Last nationstar mtg earnings: 7/17 07:00 am
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US:NYSE Investor Relations:
investors.nationstarholdings.com/corporateprofile
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Source: Seeking Alpha
Summary If you are baffled by the title, you are in good company. Hangin' with Mr. Cooper was a sitcom that aired from 1992 to 1997 about a suave and zany ex-basketball player turned gym coach. However, Mr. Cooper is actually the rebranded name of Nationstar Mortgage (NYSE: NSM ), at least the customer-facing portion of the company. The new website even comes with a group of smiling cartoon avatars holding balloons and dancing in confetti. Regardless, I will always think of the zany gym coach rather than mortgages when I hear this name. Mr. Cooper (Nationstar) must be trying to alleviate customers' concerns that it is simply a faceless corporation whose chief interest is earning a profit off of its periodic stream of mortgage payments. That strategy wasn't working very well for it after all. The evidence is clear from the stock chart. Why Mr. Cooper? “We’re excited to officially become Mr. Cooper and will continue our efforts to
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