Exhibit 99.1

Nationstar Reports Fourth Quarter and Full Year 2017 Financial Results

• Quarterly GAAP income of $41 million, $0.41 per diluted share and $42 million adjusted income, $0.43 per diluted share
• Adjusted servicing profitability of 5.8 basis points (bps)
• Servicing portfolio at $508 billion with 3.2 million customers
• Servicing GAAP pretax income of $77 million, adjusted pretax income of $78 million
• Originations GAAP pretax income of $30 million, adjusted pretax income of $34 million
• Xome GAAP pretax income of $12 million, adjusted pretax income of $12 million

DALLAS--(BUSINESS WIRE)--March 1, 2018--Nationstar Mortgage Holdings Inc. (NYSE: NSM) today reported fourth quarter GAAP net income of $41 million, or $0.41 per diluted share driven principally by strong operating results in the servicing segment. On an adjusted basis, the Company reported earnings for the fourth quarter of $42 million, or $0.43 per diluted share.

"Nationstar had an outstanding year in 2017," said Jay Bray, Chairman and Chief Executive Officer. "We welcomed over one million new servicing customers, launched new origination channels, and expanded our third-party client base at Xome®. Last month we announced our transformational agreement to merge with WMIH Corp. and we are both committed to continuing and accelerating our growth, leveraging our best-in-class integrated servicing and originations platform. We have taken considerable steps to make homeownership more rewarding for our three million customers and we look forward to identifying additional opportunities to enhance value for the combined company’s shareholders."

Servicing

For the fourth quarter, Servicing earned $77 million GAAP pretax income or $78 million adjusted pretax income (5.8 basis points). Adjusted profitability increased 23% sequentially driven by decreased amortization and lower expenses. We also continued to implement technology and process initiatives to improve overall servicing profitability. For the full year, the Servicing segment achieved $76 million GAAP pretax income or $248 million adjusted pretax income.

We expanded our portfolio by boarding $175 billion loans during the year, including $145 billion of subservicing. We aim to prudently grow the portfolio through originations, MSR, and subservicing transactions that meet or exceed hurdle rates.

The Company enters 2018 with strong tailwinds for the servicing segment that we believe should continue to drive increased servicing profitability and cash flow. Prepayments are trending lower, down 26% year-over-year, extending the life of an average loan and increasing the value of the servicing portfolio. Annualized CPR, net of recapture was 15% in the fourth quarter 2016 compared to an average of 13% for the fourth quarter 2017. The Company has grown the portfolio 7% year-over-year with predominantly high-performing loans and limited use of capital. In 2018 Nationstar will implement initiatives designed to leverage scale and reduce expenses. These initiatives will provide customers with the tools, technology, and education necessary to take full control of their home loan experience through self-service. The Company believes adjusted servicing profitability should exceed 6.0 bps on average for the full year 2018 based on the current annualized CPR, net of recapture.

Originations

The Originations segment posted $30 million GAAP pretax income or $34 million adjusted pretax income in the fourth quarter. We funded approximately $5.2 billion and recapture improved sequentially to 26%. The decline in pretax income was driven by a shift in channel mix, increased rates and seasonality. For the full year, Originations earned $153 million GAAP pretax income or $163 million adjusted pretax income and funded over $19.1 billion.

Throughout 2017 we made key investments in the correspondent, purchase recapture and new customer acquisition channels. We believe these expansions are critical to developing and maintaining relationships with existing and new customers. We also plan to leverage key customer data through our needs-based product offerings designed to restructure debt and lower monthly payments. We believe that these investments will allow us to grow volume and improve profitability.

Xome

Xome delivered $12 million GAAP pretax income or $12 million adjusted pretax income in the fourth quarter. The Exchange business sold over 2,700 properties in the quarter, exiting the year with approximately 6,900 properties in inventory due to improving third-party inflows. Quarter-over-quarter, third-party inflows increased 24% and third-party closings now represent 17% of total sales. The Services business continues to gain new business opportunities and this quarter we added nine new title clients which should provide us with additional revenue and relationships. SaaS remained consistent on a sequential basis as we continue building our white-label product and referral program.

In addition, we continue to see growth in our referral program which launched earlier this year. Our referral relationship allows homeowners selling their homes to have access to Xome's exchange platform, real estate agent panel and transaction support to facilitate the lending, title and overall closing experience. The program, launched this last year, has 1,700 property listings and over 700 closings, presenting opportunities for diversified non-default fee income, purchase originations and Xome downstream services.

Key strategies for 2018 include re-entering the property inspection and property preservation businesses in order to capture additional revenue and clients. Orders are expected to begin in April.

Conference Call Webcast and Investor Presentation

The Company will host a conference call on March 1, 2018 at 9:00 A.M. Eastern Time. The conference call may be accessed by dialing 855-874-2685, or 720-634-2923 internationally. Please use the participant passcode 1495907 to access the conference call. A simultaneous audio webcast of the conference call will be available in the Investor Information section of http://www.nationstarholdings.com. A replay will also be available by dialing 855-859-2056, or 404-537-3406 internationally. Please use the passcode 1495907 to access the replay. The replay will be accessible through March 15, 2018.

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) in the servicing segment 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 in each segment, as applicable, transition and integration costs, gains (losses) on sales of fixed assets, certain 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.

Important Information & Where to Find It

This communication is being made in respect of the proposed merger transaction involving WMIH Corp. (“WMIH”) and Nationstar Mortgage Holdings Inc. (“Nationstar”). WMIH intends to file a registration statement on Form S-4 with the SEC, which will include a joint proxy statement of WMIH and Nationstar and a prospectus of WMIH, and each party will file other documents regarding the proposed transaction with the SEC. Any definitive proxy statement(s)/prospectus(es) will also be sent to the stockholders of WMIH and/or Nationstar, as applicable, seeking any required stockholder approval. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. Before making any voting or investment decision, investors and security holders of WMIH and Nationstar are urged to carefully read the entire registration statement(s) and proxy statement(s)/prospectus(es), when they become available, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, because they will contain important information about the proposed transaction. The documents filed by WMIH and Nationstar with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. In addition, the documents filed by WMIH may be obtained free of charge from WMIH at www.wmih-corp.com, and the documents filed by Nationstar may be obtained free of charge from Nationstar at www.nationstarholdings.com. Alternatively, these documents, when available, can be obtained free of charge from WMIH upon written request to WMIH Corp., 800 Fifth Avenue, Suite 4100, Seattle, Washington 98104, Attn: Secretary, or by calling (206) 922-2957, or from Nationstar upon written request to Nationstar Mortgage Holdings Inc., 8950 Cypress Waters Blvd, Dallas, TX 75019, Attention: Corporate Secretary, or by calling (469) 549-2000.

WMIH and Nationstar and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of WMIH and/or Nationstar, as applicable, in favor of the approval of the merger. Information regarding WMIH’s directors and executive officers is contained in WMIH’s Annual Report on Form 10-K for the year ended December 31, 2016, its Quarterly Report on Form 10-Q for the quarterly periods ended March 31, 2017, June 30, 2017 and September 30, 2017 and its Proxy Statement on Schedule 14A, dated April 18, 2017, which are filed with the SEC. Information regarding Nationstar’s directors and executive officers is contained in Nationstar’s Annual Report on Form 10-K for the year ended December 31, 2016, its Quarterly Report on Form 10-Q for the quarterly periods ended March 31, 2017, June 30, 2017 and September 30, 2017, and its Proxy Statement on Schedule 14A, dated April 11, 2017, which are filed with the SEC. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the registration statement(s) and the proxy statement(s)/prospectus(es) and other relevant documents filed with the SEC when they become available. Free copies of these documents may be obtained as described in the preceding paragraph.

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 Servicing's profitability and cash flow, Originations product set and retention, and Xome's key strategies and products. 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.
Megan Portacci, 469-426-3118