Exhibit 99.1

Nationstar Reports Third Quarter 2016 Financial Results

• GAAP EPS of $0.46, adjusted EPS of $0.52
• Servicing GAAP pretax income of $31 million, adjusted pretax income of $39 million
• Boarded $100 billion during the quarter, highest ending UPB in company history of $453 billion
• Originations GAAP pretax income of $83 million, adjusted pretax income of $85 million; record adjusted pretax income
• Xome^® GAAP pretax income of $20 million

DALLAS--(BUSINESS WIRE)--November 2, 2016--Nationstar Mortgage Holdings Inc. (NYSE: NSM) today reported financial results for its third quarter ended September 30, 2016.

"Our third quarter achievements solidify us as the preferred industry partner," said Jay Bray, Chairman and CEO. "In the quarter we posted strong operational results, added almost 510 thousand customers to our servicing platform, funded over 25 thousand loans and launched enhanced technologies that improve the home ownership experience for our 2.7 million and growing customer base. We ended the quarter with the largest servicing portfolio in our company's history, are actively engaged in a significant pipeline and remain focused on creating value for our shareholders."

Company Results

For the third quarter, net income for GAAP purposes was $45 million or $0.46 per share. On an adjusted basis, the Company achieved net income of $51 million, or $0.52 per share, driven by recapturing customers through our originations platform and our strong servicing performance despite elevated amortization. The third quarter adjustments to net income include the net fair value marks and exit costs related to the originations builder channel.

Servicing Segment

The Servicing segment achieved GAAP pretax income of $31 million on average UPB of $390 billion for the third quarter. On an adjusted basis, which removes the impact of fair value marks, adjusted pretax income was $39 million or 4.0 bps.

Servicing contributed solid earnings during the quarter despite a $14 million increase in amortization which reflects our focus on improving portfolio performance and cost containment initiatives. Compared to the second quarter, besides amortization, the biggest change was due to the reverse clean-up call executed in Q2. In addition, we boarded $100 billion of loans, including $91 billion of subserviced loans that contribute less revenue on a bps basis; however, generate higher margin and significantly higher return on equity due to the limited capital deployed.

The ending UPB of $453 billion is the highest in the company's history. We expect subservicing flow and originations volume to replace anticipated run-off in 2017. We remain actively engaged, along with our capital partners, in several large opportunities that could substantially add to our servicing portfolio.

Originations Segment

The strength of our Originations platform is the ability to leverage an integrated servicing portfolio and recapture customers looking to purchase a home or refinance with more favorable interest rates. During the quarter, our Originations segment capitalized on the prepayments in our servicing book and generated $85 million in adjusted pretax income, a quarterly increase of 57%, and the highest pretax income in our history.

In total, we funded $5.5 billion for our servicing platform, a quarterly increase of 6%, while also generating significant operating cash. We recaptured 27% of voluntary prepayments from the servicing portfolio during the quarter. The strong recapture rate reflects our investment in delivering multiple offerings to customers and our focus on the direct to consumer business.

Xome Segment

Consistent with expectations, Xome delivered $20 million in GAAP pretax income by maintaining strong property sales execution and continued improvement in title operations margins.

Our property sales business remains focused on operational performance and the execution of pilot programs for third parties, including a Government Sponsored Entity ("GSE"). During the quarter, our title operations completed record closings while expanding margins as a result of deeper penetration from existing third party clients and capitalizing on the favorable environment. In addition, Xome launched the first white label property search offering of Xome.com during the quarter.

Capital

The Company is authorized to repurchase up to $250 million of common stock pursuant to the previously-announced stock repurchase program. As of the date of this release, $125 million of common stock has been repurchased under this program. In addition, since October 18, 2015, we have repurchased $125 million of unsecured senior notes due between 2018 and 2022.

Conference Call Webcast and Investor Presentation

The Company will host a conference call on November 2, 2016, at 9:00 A.M. Eastern Time. The conference call may be accessed by dialing 855-874-2685, or 720-634-2923 internationally, five minutes prior to the scheduled start of the call. Please use the participant passcode 2797090 to access the conference call.

A simultaneous audio webcast of the conference call will be available on the Shareholder Relations section of http://www.nationstarmtg.com. Please click on the November 2, 2016 Conference Call link to access the call. A replay will also be available approximately two hours after the conclusion of the conference call by dialing 855-859-2056, or 404-537-3406 internationally. Please use the passcode 2797090 to access the replay. The replay will be accessible through November 16, 2016.

Non-GAAP Financial Measures

The Company utilizes non-GAAP (or “adjusted”) financial measures as the measures provide additional information to assist investors in understanding and assessing the Company’s and our business segments’ ongoing performance and financial results, as well as assessing our prospects for future performance. The adjusted financial measures facilitate a meaningful analysis and allow more accurate comparisons of our ongoing business operations because they exclude items that may not be indicative of or are unrelated to the Company’s and our business segments’ core operating performance, and are better measures for assessing trends in our underlying businesses. These adjustments are consistent with how management views our businesses. Management uses these non-GAAP financial measures in making financial, operational and planning decisions and evaluating the Company’s and our business segment’s ongoing performance. Adjusted earnings (loss) eliminates the effects of mark-to-market adjustments which primarily reflects unrealized gains or losses based on the changes in fair value measurements of MSRs and their related financing liabilities for which a fair value accounting election was made. These adjustments, which can be highly volatile and material due to changes in credit markets, are not necessarily reflective of the gains and losses that will ultimately be realized by the Company. Adjusted earnings (loss) also eliminates, as applicable, restructuring costs, rebranding and integration costs, gains (losses) on sales of fixed assets, certain legal settlement costs that are not considered normal operational matters, and other adjustments based on the facts and circumstances that would provide investors a supplemental means for evaluating the Company’s core operating performance.

About Nationstar

Based in Dallas, Texas, Nationstar provides servicing, origination and transaction based services related principally to single-family residences throughout the United States. Additional corporate information is available on the Shareholder Relations section of www.nationstarmtg.com.

Forward Looking Statements

Any statements in this release that are not historical or current facts are forward looking statements. These forward looking statements include, but are not limited to, statements regarding our Servicing segment's profitability and pipeline and continued investments in Xome.com technologies. Forward looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Certain of these risks and uncertainties are described in the "Business" and "Risk Factors" sections of our most recent annual report and other required documents as filed with the SEC which are available at the SEC’s website at http://www.sec.gov. Nationstar undertakes no obligation to publicly update or revise any forward looking statement or any other financial information contained herein, and the statements made in this press release are current as of the date of this release only.

Financial Tables

CONTACT:
Nationstar Mortgage Holdings Inc.
Robert Stiles, 972-316-5383