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Nationstar Mortgage hires WeWork exec to lead digital products

Nationstar Mortgage Holdings Inc. hired Francis Lobo to lead the company's digital strategy and product development.

Lobo will serve as executive vice president, chief business and product officer and president of Cooper Labs. He will oversee the launch of new digital products such as the Mr. Cooper with Home Intelligence mobile app.

Before his new role, Lobo was the chief revenue officer at WeWork Cos.