XomeSM Launches New Platform to Transform Consumer Real Estate

New digital platform puts the focus on the customer experience by providing end-to-end transparency throughout the entire home buying and selling process

SEATTLE--(BUSINESS WIRE)-- Xome Holdings LLC (pronounced “Zome”, f/k/a Solutionstar), an indirect wholly owned subsidiary of Nationstar Mortgage Holdings Inc. (NYSE: NSM) (“Nationstar”) announced today that it has launched as the world’s first integrated, end-to-end digital platform for real estate, with the promise of connecting every major touch point in the transaction process, from finding a home to closing the deal. Xome delivers unparalleled transparency and real-time updates virtually every step of the way, all via Xome.com or the Xome iOS mobile app. Xome is the only real estate platform that focuses on the consumer experience, going beyond the agent-selection phase of residential real estate to provide a true one-stop shop for buying or selling any home in the U.S. Ultimately, Xome provides a completely transparent view of every major step in the transaction, from securing financing to making an offer, to navigating inspections and title insurance, and finally closing the deal. At launch, Xome will offer buyers and sellers access to a comprehensive selection of properties, exclusive savings, and a user-centric end-to-end experience.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150609005653/en/

For most Americans, a home is the largest and most important purchase they’ll ever make. But according to a September 2014 Nationstar survey, 77 percent of home buyers say they don’t trust all the companies they have to deal with during the process, and 76 percent feel like the process of buying, selling or refinancing a home is a “long hard slog.” Xome dramatically simplifies this complex, time-consuming process by bridging the online and offline components of a real estate transaction and providing increased visibility every major step of the way. With millennials representing the largest segment of homebuyers in 2015 1, Xome has reimagined real estate to bring all elements of the transaction online to an environment perfectly suited for this group of digital natives that is accustomed to using technology to manage their lives.

“Xome believes the process of buying and selling a home shouldn’t undermine the excitement of home ownership,” said Kal Raman, CEO of Xome. “The way it currently works, once a consumer finds a home, the process goes offline and both the consumer and agent can lose control and visibility. Xome removes that confusion and uncertainty, bringing consumers and agents into each major element of the transaction to make sure they’re informed and engaged from the initial search to when they get the keys to their new home.”

Xome provides buyers and sellers with more control and savings as well as access to more than 120 million public properties, auctions and over 80 percent of MLS listings. With Xome, buyers and sellers are presented a number of features unique to today’s real estate marketplace:

• The Xome ConciergeSM provides 24/7 instant access via chat, email or phone for all parties in the transaction. Xome is the only service to assist consumers through every major step of the home buying/selling process. The Xome Concierge also serves as a virtual assistant for real estate brokers, agents and other professionals.
• Xome Agents bid for consumers’ business. Buyers and sellers receive competitive bids from local, experienced agents who are a part of the Xome Agent Network – a national, opt-in network of independent agents and brokers. Buyers and sellers can view agent videos, profiles, ratings and other information helpful during the selection process. Xome also helps alleviate the costs, time and effort necessary for agents to acquire customers.
• Xome SavingsSM offers buyers and sellers a minimum of one percent savings on every transaction closed through Xome2. If consumers both buy and sell through Xome, they earn the minimum of one percent savings on each transaction2.

“Xome's customer-centric offerings are a continuation of Nationstar's goal to be the most customer-focused and compliant real estate services company in the United States,” said Jay Bray, CEO of Nationstar. “We firmly believe this platform will ultimately alter the way real estate transacts, provide customers with more control and transparency into the transaction process, and create additional value for Nationstar’s shareholders.”

Xome also gives agents the tools needed to take their business into the digital age and improve the speed and convenience of the transaction process. By meeting the future generation of home buyers where they already spend a majority of their time – online – Xome reduces the effort and cost of customer acquisition for real estate agents who join the network. By integrating many of the back-end processes involved in real estate transactions, Xome cuts costs and provides easier access for buyers, sellers, brokers, agents and mortgage professionals. Finally, Xome also helps funnel interested buyers and sellers to Xome Agents to allow them to take on more high-value volume without wasting time on individuals uninterested in transacting.

For more information or to start exploring all Xome has to offer, please visit www.xome.com or visit the Apple App Store to download the free Xome app for iOS.

About Xome

Xome is the world’s first truly integrated digital platform that connects every major touch point in the real estate process, from the initial search to closing, for buyers and sellers alike. Revolutionizing the real estate transacting experience, Xome makes the task of buying, selling and renting more transparent and less complex by bridging the online and offline components of the transaction cycle for a more digitally streamlined and connected real estate ecosystem. Consumers can access the Xome platform on desktop or by using the Xome iOS mobile app. Based in the Dallas suburb of Lewisville, Texas, Xome is an indirect wholly owned subsidiary of Nationstar Mortgage Holdings Inc. (NYSE: NSM). For more information, please visit www.xome.com.

About Nationstar

Based in Dallas, Texas, Nationstar earns fees through the delivery of quality servicing, origination and transaction based services related principally to single-family residences throughout the United States. Additional corporate information is available on the investors tab at 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: the access provided by Xome to properties and MLS listings, and Xome’s ability to change the way real estate is transacted, provide customers with more control and transparency into the transaction process, and create additional value for Nationstar’s shareholders. Forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Nationstar’s actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-statements. Certain of these risks and uncertainties are described in the "Business" and “Risk Factors” sections of Nationstar’s 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 statements 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.

1 According to the National Association of REALTORS®, “Home Buyer and Seller Generational Trends”, March 2015.

2 Where legally permitted.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150609005653/en/

Allison+Partners for Xome
Molly Luby, 646-428-0611
[email protected]

Source: Xome Holdings LLC

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