UPDATE: Fortress Investment Group (FIG) Unit Nationstar Mortgage (NSM) Said to Work with Advisers on Sale - Bloomberg

October 30, 2017 4:46 PM EDT

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(Updated - October 30, 2017 4:50 PM EDT)

Nationstar Mortgage (NYSE: NSM), a company majority owned by Fortress Investment Group (NYSE: FIG), is working with financial advisers on a sale and inviting bids from potential buyers, according to Bloomberg, citing people familiar with the matter. Nationstar plans to call for initial bids from potential buyers in November.

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