Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL INSTRUMENTS - INPUTS EXCESS MSRs (Details 1)

v2.4.0.8
FAIR VALUE OF FINANCIAL INSTRUMENTS - INPUTS EXCESS MSRs (Details 1)
3 Months Ended
Mar. 31, 2013
MSRs Pool 1
 
Held Directly (Note 3):  
Prepayment speed 16.10% [1]
Delinquency 10.00% [2]
Recapture rate 35.00% [3]
Excess mortgage servicing amount 0.28% [4]
Discount rate 18.00%
MSR Pool 1 Recapture Agreement
 
Held Directly (Note 3):  
Prepayment speed 8.00% [1]
Delinquency 10.00% [2]
Recapture rate 35.00% [3]
Excess mortgage servicing amount 0.21% [4]
Discount rate 18.00%
MSRs Pool 2
 
Held Directly (Note 3):  
Prepayment speed 16.00% [1]
Delinquency 11.00% [2]
Recapture rate 35.00% [3]
Excess mortgage servicing amount 0.23% [4]
Discount rate 17.30%
MSR Pool 2 Recapture Agreement
 
Held Directly (Note 3):  
Prepayment speed 8.00% [1]
Delinquency 10.00% [2]
Recapture rate 35.00% [3]
Excess mortgage servicing amount 0.21% [4]
Discount rate 17.30%
MSRs Pool 3
 
Held Directly (Note 3):  
Prepayment speed 16.20% [1]
Delinquency 12.10% [2]
Recapture rate 35.00% [3]
Excess mortgage servicing amount 0.23% [4]
Discount rate 17.60%
MSR Pool 3 Recapture Agreement
 
Held Directly (Note 3):  
Prepayment speed 8.00% [1]
Delinquency 10.00% [2]
Recapture rate 35.00% [3]
Excess mortgage servicing amount 0.21% [4]
Discount rate 17.60%
MSRs Pool 4
 
Held Directly (Note 3):  
Prepayment speed 18.30% [1]
Delinquency 15.80% [2]
Recapture rate 35.00% [3]
Excess mortgage servicing amount 0.17% [4]
Discount rate 17.90%
MSR Pool 4 Recapture Agreement
 
Held Directly (Note 3):  
Prepayment speed 8.00% [1]
Delinquency 10.00% [2]
Recapture rate 35.00% [3]
Excess mortgage servicing amount 0.21% [4]
Discount rate 17.90%
MSRs Pool 5
 
Held Directly (Note 3):  
Prepayment speed 15.00% [1]
Delinquency    [5]
Recapture rate 20.00% [3]
Excess mortgage servicing amount 0.13% [4]
Discount rate 17.50%
MSR Pool 5 Recapture Agreement
 
Held Directly (Note 3):  
Prepayment speed 8.00% [1]
Delinquency    [5]
Recapture rate 20.00% [3]
Excess mortgage servicing amount 0.21% [4]
Discount rate 17.50%
[1] Projected annualized weighted average lifetime voluntary and involuntary prepayment rate using a prepayment vector.
[2] Projected percentage of mortgage loans in the pool that will miss their mortgage payments.
[3] Percentage of voluntarily prepaid loans that are expected to be refinanced by Nationstar.
[4] Weighted average total mortgage servicing amount in excess of the basic fee.
[5] The Excess MSR will be paid on the total UPB of the mortgage portfolio (including both performing and delinquent loans until REO).