Our originations platform enables Nationstar to improve the credit quality of client portfolios by providing borrowers with competitive loan options and help in navigating government programs for homeowner assistance. Nationstar is able to manage all customer communication and solicitation programs designed to provide the customer with helpful options. Nationstar origination channels include recapture (customers in our existing portfolio) and new customer acquisition through Greenlight loans, our KB Home joint-venture and correspondent origination.
Our originations segment comprises both the Greenlight and Nationstar brands. We originate primarily conventional agency (GSE) and government-insured residential mortgage loans and, to mitigate credit risk, typically sell these loans within 30 days into securitizations while retaining the associated servicing assets. Our primary focus is on assisting customers currently within our servicing portfolio with refinances or loans for new home purchases. This serves the dual purpose of economic loan origination as well as replenishment of our servicing portfolio.
Nationstar has a joint-venture with KB Home, one of the largest homebuilders in the US, called Home Community Mortgage, which focuses on originating loans to potential home buyers. Nationstar also operates a correspondent origination channel, in which Nationstar acquires funded loans from correspondent lenders that are approved by the Company and adhere to Nationstar's correspondent lending guidelines. We view the correspondent channel as an opportunistic way to acquire servicing assets if market economics are compelling.