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Nationstar Mortgage Holdings (NSM) reported net income of $24 million, or $0.27 per share, compared to a loss of $51 million, or $0.56 per share in the fourth quarter 2013. That is $0.19 worse.
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More than 28% of US homeowners underwater on their mortgage America’s sinking housing market: More than 1 in 4 homeowners now ‘underwater’ Rate of new foreclosures up to over 10% a month; The percent of late mortgage payments in 3rd quarter rose for first.
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