Dallas, TX (PRWEB) July 14, 2006
Centex Home Equity’s name and brand will change effective today and become Nationstar Mortgage LLC. The new corporate identity marks the completion of the sale of Centex Home Equity by Centex Corporation (NYSE: CTX) to an affiliate of Fortress Investment Group LLC.
“This name change signifies a new beginning for our company and represents our national scope of services,” said Anthony H. Barone, President and CEO of Nationstar Mortgage LLC. “It is synonymous with our strengths and experience as a leading non-prime mortgage lender and our goal to help our business partners and their customers achieve more with their loans.”
The wholesale division of Nationstar Mortgage LLC works with mortgage brokers and correspondent lenders to offer a wide range of loan programs. With a nationwide network of account executives and four regional offices, we are able to provide superior service to brokers and lenders.
Existing mortgage customers and business partners have been notified of the name change via direct mail, email, company Web site and statement communications. There are no other changes planned for the company’s additional 100 locations and nearly 2,200 employees.
If you are a current Nationstar Mortgage (formerly known as Centex Home Equity) business partner, visit our Web site for more information regarding the name change and answers to frequently asked questions.
If you would like to become a new Nationstar Mortgage wholesale lending partner, please visit our Web sites at http://www.NationstarBroker.com for mortgage brokers or http://www.NationstarLending.com for correspondent lenders to receive additional information about our loan programs and scope of services.
About Nationstar Mortgage LLC
Nationstar Mortgage LLC, headquartered in Dallas, Texas, is one of the nation’s leading mortgage lenders offering non-prime mortgages and home loans directly to consumers and indirectly through mortgage brokers and bankers. With offices located throughout the country and significant servicing portfolio, Nationstar Mortgage LLC is one of the largest retail non-prime mortgage originators. Since its inception in 1997, Nationstar Mortgage LLC, formerly known as Centex Home Equity, has experienced phenomenal growth by providing exceptional customer service and a wide range of competitive mortgage products. For more information, please visit: http://www.NationstarBroker.com or http://www.NationstarLending.com
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