Court Rules in Favor of Nationstar in Reverse Mortgage Servicing Portfolio Dispute

February 23, 2021

Reverse Mortgage Daily, Feb. 22, 2021–Chris Clow
A dispute arising out of a 2015 purchasing agreement where Nationstar Mortgage acquired the reverse mortgage servicing portfolio of former reverse mortgage lender Generation Mortgage has been decided in favor of Nationstar, which has sought indemnification from Generation over certain losses on the purchased servicing portfolio.
https://reversemortgagedaily.com/2021/02/22/court-rules-in-favor-of-nationstar-in-reverse-mortgage-servicing-portfolio-dispute/