Walter Investment Management Corp (WAC) 17.50 $WAC
Green Tree to pay $63M to settle loan servicing allegations
AP - Tue Apr 21, 2:59PM CDT
ST. PAUL, Minn. (AP) — The federal government says Green Tree Servicing LLC will pay $63 million to settle allegations of illegal loan servicing and debt collection practices.
WAC: 17.50 (-0.50)
Walter Investment's servicing unit settles with Feds
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 2:20PM CDT
WAC: 17.50 (-0.50)
Green Tree Servicing LLC Resolves Previously Disclosed FTC/CFPB Investigation
PR Newswire - Tue Apr 21, 12:52PM CDT
Green Tree Servicing LLC ("Green Tree"
, the wholly owned mortgage servicing subsidiary of Walter Investment Management Corp. (NYSE: WAC, "Walter Investment" or the "Company", issued the following statement today regarding its settlement with the Federal Trade Commission ("FTC" and the Consumer Financial Protection Bureau ("CFPB":
WAC: 17.50 (-0.50)
Green Tree Servicing Earns Highest Designation Under Fannie Mae's Servicer Total Achievement and Rewards Program
PR Newswire - Fri Apr 17, 3:01PM CDT
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company" today announced that its wholly owned subsidiary Green Tree Servicing LLC ("Green Tree" was awarded a superior five STAR designation under the Fannie Mae ("FNMA" Servicer Total Achievement and Rewards ("STAR" program for 2014. The STAR program measures participating servicers on overall STAR performance including customer service levels and foreclosure prevention activities. Organizational factors including internal controls, training effectiveness, the use of technology and staffing are evaluated, and a servicer's ability to provide exceptional customer service as well as a servicer's effectiveness in delivering a range of loss-mitigation solutions, are factors assessed in determining a servicer's final STAR designation.
WAC: 17.50 (-0.50)
Ocwen to Sell MSRs to Green Tree, Delays 2014 Results - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 19, 4:03PM CDT
Owen claimed to continue with its strategy of shedding MSRs to shrink business operations, while delaying the declaration of 2014 results.
JPM: 62.94 (+0.63), OCN: 7.68 (+0.14), WAC: 17.50 (-0.50), HLSS: 17.20 (+0.02)
Walter Investment surges on purchase of MSRs from Ocwen
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 10:41AM CDT
OCN: 7.68 (+0.14), WAC: 17.50 (-0.50)
Ocwen Financial Intends to Sell $9.6 Billion Portfolio of Mortgage Servicing Rights to Green Tree
GlobeNewswire - Wed Mar 18, 10:34AM CDT
Ocwen Financial Corporation (NYSE:OCN), announced today that its subsidiary, Ocwen Loan Servicing, LLC ("Ocwen" and Green Tree Loan Servicing LLC, an indirectly held, wholly owned, subsidiary of Walter Investment Management Corp. (NYSE:WAC) (collectively "Green Tree", have signed an agreement in principle for the sale by Ocwen of residential mortgage servicing rights on a portfolio consisting of approximately 55,500 largely performing loans owned by Freddie Mac with a total principal balance of approximately $9.6 billion. Subject to a definitive agreement, approvals by Freddie Mac and FHFA and other customary conditions, the transaction is expected to close by April 30, 2015 and the loan servicing to transfer in May 2015.
OCN: 7.68 (+0.14), WAC: 17.50 (-0.50)
Shares of WAC Down 13.6% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Mon Mar 16, 9:46AM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on February 27th, 2015 at $17.31. In approximately 2 weeks, Walter Investment Management has returned 13.63% as of today's recent price of $14.95.
WAC: 17.50 (-0.50)
Walter Investment Management Corp. Announces Record Date And Meeting Date For 2015 Annual Meeting Of Stockholders
PR Newswire - Mon Mar 02, 4:02PM CST
Walter Investment Management Corp. (NYSE: WAC) (the "Company" today announced that its Board of Directors has established March 27, 2015 as the record date for determining stockholders entitled to vote at the 2015 Annual Meeting of Stockholders. The 2015 Annual Meeting of Stockholders will be held at 10:00 a.m. ET on May 13, 2015 at the Grand Hyatt Tampa Bay in Tampa, Florida.
WAC: 17.50 (-0.50)
More losses for Nationstar Mortgage and Walter Investment as FBR downgrades
Seeking Alpha - at Seeking Alpha - Mon Mar 02, 9:35AM CST
NSM: 25.29 (+0.06), WAC: 17.50 (-0.50)
Downgrade Alert for Walter Investment Management (WAC)
Comtex SmarTrend(R) - Mon Mar 02, 6:55AM CST
Walter Investment Management (AMEX:WAC) was downgraded from Market Perform to Underperform at FBR Capital today. The stock closed yesterday at $16.67 on volume of 1.0 million shares, above average daily volume of 454,000. Walter Investment Management Corporation is a mortgage real estate investment trust. The Company is focused on the purchase and securitization of single family mortgage loan pools and subordinate mortgage-backed securities purchased in bulk directly from financial institutions.
WAC: 17.50 (-0.50)
Walter Investment tumbles further as KBW downgrades
Seeking Alpha - at Seeking Alpha - Fri Feb 27, 11:11AM CST
WAC: 17.50 (-0.50)
Mortgage servicers fall short
at Investor's Business Daily - Thu Feb 26, 5:33PM CST
Residential mortgage servicer Nationstar Mortgage (NSM) earned 21 cents a share in Q4, reversing from a 23-cent loss a year ago, on a 6.9% hike in revenue to $449.4 mil. Wall Street expected 93 cents EPS on $522.6 mil. Nationstar said core EPS was...
NSM: 25.29 (+0.06), WAC: 17.50 (-0.50)
Walter Investment Management's (WAC) CEO Mark O'Brien on Q4 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu Feb 26, 2:40PM CST
WAC: 17.50 (-0.50)
Mortgage Servicers Nationstar, Walter's Q4 Disappoint
at Investor's Business Daily - Thu Feb 26, 12:21PM CST
Nationstar Mortgage (NSM) underwhelmed Wall Street in the fourth quarter with earnings hit by higher servicing expenses and increased amortization. The Dallas-based residential mortgage servicer earned 21 cents a share, well above the 23-cent loss...
NSM: 25.29 (+0.06), WAC: 17.50 (-0.50)
Walter Investment -16% as legal and regulatory costs rise
Seeking Alpha - at Seeking Alpha - Thu Feb 26, 9:22AM CST
WAC: 17.50 (-0.50)
Walter Investment Management (WAC) Q4 2014 Results - Earnings Call Webcast
SA Transcripts - at Seeking Alpha - Thu Feb 26, 8:55AM CST
WAC: 17.50 (-0.50)
Walter Investment misses by $0.69, misses on revenue
Seeking Alpha - at Seeking Alpha - Thu Feb 26, 6:06AM CST
WAC: 17.50 (-0.50)
New Residential up sharply following HLSS purchase; trouble for Ocwen
Seeking Alpha - at Seeking Alpha - Mon Feb 23, 8:43AM CST
FIG: 8.23 (-0.05), ASPS: 18.07 (+1.32), OCN: 7.68 (+0.14), NSM: 25.29 (+0.06), WAC: 17.50 (-0.50), NRZ: 16.96 (-0.04), HLSS: 17.20 (+0.02)
30-Year Fixed-Rate Mortgage All-In Yields Rise 0.07% From Last Week
Donald van Deventer - at Seeking Alpha - Thu Feb 19, 7:07PM CST
CBG: 38.33 (unch), BBT: 38.87 (+0.21), PRU: 81.12 (+1.41), MTGE: 18.11 (+0.02), OCN: 7.68 (+0.14), C: 53.10 (+0.62), AGNC: 21.65 (+0.01), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), KEY: 14.34 (+0.16), NLY: 10.27 (+0.02), JPM: 62.94 (+0.63), USB: 42.83 (+0.33), NSM: 25.29 (+0.06), STI: 41.42 (-0.05), WAC: 17.50 (-0.50), PNC: 91.41 (+0.21), PHH: 24.73 (-0.08)
Green Tree to pay $63M to settle loan servicing allegations
AP - Tue Apr 21, 2:59PM CDT
ST. PAUL, Minn. (AP) — The federal government says Green Tree Servicing LLC will pay $63 million to settle allegations of illegal loan servicing and debt collection practices.
WAC: 17.50 (-0.50)
Walter Investment's servicing unit settles with Feds
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 2:20PM CDT
WAC: 17.50 (-0.50)
Green Tree Servicing LLC Resolves Previously Disclosed FTC/CFPB Investigation
PR Newswire - Tue Apr 21, 12:52PM CDT
Green Tree Servicing LLC ("Green Tree"
, the wholly owned mortgage servicing subsidiary of Walter Investment Management Corp. (NYSE: WAC, "Walter Investment" or the "Company", issued the following statement today regarding its settlement with the Federal Trade Commission ("FTC" and the Consumer Financial Protection Bureau ("CFPB": WAC: 17.50 (-0.50)
Green Tree Servicing Earns Highest Designation Under Fannie Mae's Servicer Total Achievement and Rewards Program
PR Newswire - Fri Apr 17, 3:01PM CDT
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company"
today announced that its wholly owned subsidiary Green Tree Servicing LLC ("Green Tree" was awarded a superior five STAR designation under the Fannie Mae ("FNMA" Servicer Total Achievement and Rewards ("STAR" program for 2014. The STAR program measures participating servicers on overall STAR performance including customer service levels and foreclosure prevention activities. Organizational factors including internal controls, training effectiveness, the use of technology and staffing are evaluated, and a servicer's ability to provide exceptional customer service as well as a servicer's effectiveness in delivering a range of loss-mitigation solutions, are factors assessed in determining a servicer's final STAR designation. WAC: 17.50 (-0.50)
Ocwen to Sell MSRs to Green Tree, Delays 2014 Results - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 19, 4:03PM CDT
Owen claimed to continue with its strategy of shedding MSRs to shrink business operations, while delaying the declaration of 2014 results.
JPM: 62.94 (+0.63), OCN: 7.68 (+0.14), WAC: 17.50 (-0.50), HLSS: 17.20 (+0.02)
Walter Investment surges on purchase of MSRs from Ocwen
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 10:41AM CDT
OCN: 7.68 (+0.14), WAC: 17.50 (-0.50)
Ocwen Financial Intends to Sell $9.6 Billion Portfolio of Mortgage Servicing Rights to Green Tree
GlobeNewswire - Wed Mar 18, 10:34AM CDT
Ocwen Financial Corporation (NYSE:OCN), announced today that its subsidiary, Ocwen Loan Servicing, LLC ("Ocwen"
and Green Tree Loan Servicing LLC, an indirectly held, wholly owned, subsidiary of Walter Investment Management Corp. (NYSE:WAC) (collectively "Green Tree", have signed an agreement in principle for the sale by Ocwen of residential mortgage servicing rights on a portfolio consisting of approximately 55,500 largely performing loans owned by Freddie Mac with a total principal balance of approximately $9.6 billion. Subject to a definitive agreement, approvals by Freddie Mac and FHFA and other customary conditions, the transaction is expected to close by April 30, 2015 and the loan servicing to transfer in May 2015. OCN: 7.68 (+0.14), WAC: 17.50 (-0.50)
Shares of WAC Down 13.6% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Mon Mar 16, 9:46AM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on February 27th, 2015 at $17.31. In approximately 2 weeks, Walter Investment Management has returned 13.63% as of today's recent price of $14.95.
WAC: 17.50 (-0.50)
Walter Investment Management Corp. Announces Record Date And Meeting Date For 2015 Annual Meeting Of Stockholders
PR Newswire - Mon Mar 02, 4:02PM CST
Walter Investment Management Corp. (NYSE: WAC) (the "Company"
today announced that its Board of Directors has established March 27, 2015 as the record date for determining stockholders entitled to vote at the 2015 Annual Meeting of Stockholders. The 2015 Annual Meeting of Stockholders will be held at 10:00 a.m. ET on May 13, 2015 at the Grand Hyatt Tampa Bay in Tampa, Florida. WAC: 17.50 (-0.50)
More losses for Nationstar Mortgage and Walter Investment as FBR downgrades
Seeking Alpha - at Seeking Alpha - Mon Mar 02, 9:35AM CST
NSM: 25.29 (+0.06), WAC: 17.50 (-0.50)
Downgrade Alert for Walter Investment Management (WAC)
Comtex SmarTrend(R) - Mon Mar 02, 6:55AM CST
Walter Investment Management (AMEX:WAC) was downgraded from Market Perform to Underperform at FBR Capital today. The stock closed yesterday at $16.67 on volume of 1.0 million shares, above average daily volume of 454,000. Walter Investment Management Corporation is a mortgage real estate investment trust. The Company is focused on the purchase and securitization of single family mortgage loan pools and subordinate mortgage-backed securities purchased in bulk directly from financial institutions.
WAC: 17.50 (-0.50)
Walter Investment tumbles further as KBW downgrades
Seeking Alpha - at Seeking Alpha - Fri Feb 27, 11:11AM CST
WAC: 17.50 (-0.50)
Mortgage servicers fall short
at Investor's Business Daily - Thu Feb 26, 5:33PM CST
Residential mortgage servicer Nationstar Mortgage (NSM) earned 21 cents a share in Q4, reversing from a 23-cent loss a year ago, on a 6.9% hike in revenue to $449.4 mil. Wall Street expected 93 cents EPS on $522.6 mil. Nationstar said core EPS was...
NSM: 25.29 (+0.06), WAC: 17.50 (-0.50)
Walter Investment Management's (WAC) CEO Mark O'Brien on Q4 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu Feb 26, 2:40PM CST
WAC: 17.50 (-0.50)
Mortgage Servicers Nationstar, Walter's Q4 Disappoint
at Investor's Business Daily - Thu Feb 26, 12:21PM CST
Nationstar Mortgage (NSM) underwhelmed Wall Street in the fourth quarter with earnings hit by higher servicing expenses and increased amortization. The Dallas-based residential mortgage servicer earned 21 cents a share, well above the 23-cent loss...
NSM: 25.29 (+0.06), WAC: 17.50 (-0.50)
Walter Investment -16% as legal and regulatory costs rise
Seeking Alpha - at Seeking Alpha - Thu Feb 26, 9:22AM CST
WAC: 17.50 (-0.50)
Walter Investment Management (WAC) Q4 2014 Results - Earnings Call Webcast
SA Transcripts - at Seeking Alpha - Thu Feb 26, 8:55AM CST
WAC: 17.50 (-0.50)
Walter Investment misses by $0.69, misses on revenue
Seeking Alpha - at Seeking Alpha - Thu Feb 26, 6:06AM CST
WAC: 17.50 (-0.50)
New Residential up sharply following HLSS purchase; trouble for Ocwen
Seeking Alpha - at Seeking Alpha - Mon Feb 23, 8:43AM CST
FIG: 8.23 (-0.05), ASPS: 18.07 (+1.32), OCN: 7.68 (+0.14), NSM: 25.29 (+0.06), WAC: 17.50 (-0.50), NRZ: 16.96 (-0.04), HLSS: 17.20 (+0.02)
30-Year Fixed-Rate Mortgage All-In Yields Rise 0.07% From Last Week
Donald van Deventer - at Seeking Alpha - Thu Feb 19, 7:07PM CST
CBG: 38.33 (unch), BBT: 38.87 (+0.21), PRU: 81.12 (+1.41), MTGE: 18.11 (+0.02), OCN: 7.68 (+0.14), C: 53.10 (+0.62), AGNC: 21.65 (+0.01), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), KEY: 14.34 (+0.16), NLY: 10.27 (+0.02), JPM: 62.94 (+0.63), USB: 42.83 (+0.33), NSM: 25.29 (+0.06), STI: 41.42 (-0.05), WAC: 17.50 (-0.50), PNC: 91.41 (+0.21), PHH: 24.73 (-0.08)
