Nationstar Mortgage Holdings Inc (NSM) - $42.01 +1.53 (3.78%)
Company DescriptionNationstar Mortgage Holdings Inc., provides residential mortgage loan services. It services residential mortgage loans throughout the US. Its servicing portfolio comprises some 389,000 loans.
Why mortgage applications fell in the holiday-shortened week
The MBA Applications Index fell 12.8% after holding steady the week before. Mortgage applications have dropped off a cliff ever since rates began increasing last spring.