Nationstar Mortgage (NSM)

 

Nationstarprovides non-bank residential mortgage servicing with a wide array of servicingcapabilities and with the FHFA extending the HARP refi program for another 2years through 2015 I’ve added more to my position in NSM (Our subscribers gotalert last week around $33) and feel it is set up for another leg higher fromhere. I’d have stops set at a failure of the 200 dma, currently around $31.50.

Posted to The Stock Playbook on Apr 11, 2013 — 11:04 AM

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