Friday, March 24, 2017

Nomura: Don't make too much out of Nationstar CFO's departure

Earlier this week, Nationstar Mortgage surprised the market a bit when it announced that its chief financial officer, Robert Stiles, is departing the company. But according to a report from Nomura, not only does there not appear to be a hidden story behind Stiles’ departure, the company likely won’t suffer at all with Amar Patel serving as interim CFO.

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