KB Home KBH, one of the nation's largest and most recognized
homebuilders, today announced that it has entered into an agreement with
Nationstar Mortgage LLC, its current preferred mortgage lender and the
principal operating subsidiary of Nationstar Mortgage Holdings Inc. NSM, to form Home Community Mortgage, LLC, a limited liability company that
will offer an array of mortgage banking services to KB Home customers.
“Creating Home Community Mortgage with Nationstar is the natural progression
of our successful alliance,” said Jeffrey Mezger, president and chief
executive officer of KB Home. “As our relationship with Nationstar has
evolved, we have been very pleased with the alignment of the values of our two
companies, particularly on our shared focus on achieving world-class customer
service. A quality, predictable mortgage process is an essential element of
our Built to Order™ business model, and Nationstar's performance as KB Home's
preferred mortgage lender has already resulted in more consistent execution.”
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