Walter Investment Management Corp (WAC) 3.69 $WAC
Walter Investment Management Corp. names former senior General Electric and Citigroup Executive, George M. Awad, Executive Chairman and Interim CEO
PR Newswire - Wed Jun 08, 5:30PM CDT
Walter Investment Management Corp. (NYSE: WAC) ("Walter" or the "Company"
today announced its board of directors has appointed George M. Awad, a veteran consumer finance executive who has held senior roles at General Electric and Citigroup, as executive chairman and interim CEO of the Company, effective June 30, 2016. Denmar J. Dixon will resign as CEO and Vice Chairman and will continue to help the Company in an advisory role. Daniel G. Beltzman will step down as chairman but remain on the board of directors.
WAC: 3.69 (-0.34)
Walter Investment Management Has Returned 58.1% Since SmarTrend Recommendation (WAC)
Comtex SmarTrend(R) - Tue May 31, 12:48PM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 5 months, Walter Investment Management has returned 58.10% as of today's recent price of $5.01.
WAC: 3.69 (-0.34)
Walter Investment reports 1Q loss
Automated Insights - Tue May 03, 5:56AM CDT
TAMPA, Fla. (AP) _ Walter Investment Management Corp. (WAC) on Tuesday reported a loss of $172.7 million in its first quarter.
WAC: 3.69 (-0.34)
Walter Investment Management Corp. Announces First Quarter 2016 Highlights and Financial Results
PR Newswire - Tue May 03, 5:30AM CDT
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company" today announced operational highlights and financial results for the quarter ended March 31, 2016.
WAC: 3.69 (-0.34)
Walter Investment Management Corp. Invites You To Join Its First Quarter 2016 Earnings Conference Call On The Web
PR Newswire - Tue Apr 26, 7:39PM CDT
Walter Investment Management Corp. (NYSE: WAC) a diversified mortgage banking firm announced today it will release its first quarter results for 2016 before the market opens on Tuesday, May 3, 2016. The Company will host a conference call and audio webcast to discuss the financial results on Tuesday, May 3, 2016 at 10:00 a.m. ET.
WAC: 3.69 (-0.34)
Ditech Converts 1.4 Million Customers to Black Knight's LoanSphere MSP Servicing System
PR Newswire - Mon Apr 25, 8:00AM CDT
Ditech Financial LLC ("Ditech" and Black Knight Financial Services, Inc. (NYSE: BKFS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, announced today that Ditech, has converted approximately 1.4 million customers from its servicing and sub-servicing portfolios onto LoanSphere MSP, Black Knight's industry-leading loan servicing system.
BKFS: 34.90 (-0.22), FNF: 34.92 (-0.69), WAC: 3.69 (-0.34)
Shares of WAC Down 31.6% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Wed Apr 20, 1:10AM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 3 months, Walter Investment Management has returned 31.60% as of today's recent price of $8.17.
WAC: 3.69 (-0.34)
Ditech Announces First Grand Prize Drawing of the 2016 Race Season for its Drive Down Your Mortgage(SM) Promotion
GlobeNewswire - Thu Apr 14, 8:41AM CDT
Ditech Financial LLC ("Ditech", a national lender and servicer of residential mortgage loans, today announced a grand prize winner of its "Drive Down Your Mortgage" sweepstakes. Following Stewart-Haas Racing driver Kevin Harvick's Sprint Cup Series win at Phoenix International Raceway on March 13, 2016, Toni E. from Mississippi was selected in a random prize drawing as the first Grand Prize winner. She will receive a cash prize of $20,000.
WAC: 3.69 (-0.34)
Downtrend Call Working As Walter Investment Management Stock Falls 34.4% (WAC)
Comtex SmarTrend(R) - Tue Apr 12, 1:40PM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 3 months, Walter Investment Management has returned 34.45% as of today's recent price of $7.83.
WAC: 3.69 (-0.34)
35.9% Return Seen to Date on SmarTrend Walter Investment Management Call (WAC)
Comtex SmarTrend(R) - Tue Apr 05, 1:39AM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 3 months, Walter Investment Management has returned 35.87% as of today's recent price of $7.66.
WAC: 3.69 (-0.34)
Walter Investment Management Corp. Announces Appointment Of Daniel Beltzman As Chairman Of The Board Of Directors And David Schneider As Chief Operating Officer
PR Newswire - Wed Mar 02, 3:30PM CST
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company" announced today that Daniel G. Beltzman, co-founder of Birch Run Capital Advisors, LP ("Birch Run", has been appointed Chairman of the Company's Board of Directors (the "Board". Mr. Beltzman joined the Board in December 2015. The Company's current Chairman, Mark J. O'Brien will continue to serve on the Board as a director.
WAC: 3.69 (-0.34)
Walter Investment to Appoint David Schneider President, Ditech Servicing and Originations
PR Newswire - Mon Feb 08, 3:30PM CST
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company" today announced that David Schneider, EVP of Walter Investment and President, Servicing of Ditech Financial LLC ("Ditech", will be named President of Ditech with responsibility for leading both the Servicing and Originations businesses, effective immediately. Patricia Cook, EVP of Walter Investment and President, Originations of Ditech, will be leaving the Company.
WAC: 3.69 (-0.34)
Shares of WAC Down 18.3% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Mon Feb 01, 11:30AM CST
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 2 weeks, Walter Investment Management has returned 18.29% as of today's recent price of $9.76.
WAC: 3.69 (-0.34)
Walter Investment Announces Acquisition of Certain Assets of RCS and Addition of Subservicing
PR Newswire - Fri Jan 29, 5:30AM CST
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company" today announced it has completed the acquisition of certain assets from Residential Credit Solutions, Inc. ("RCS", a wholly owned subsidiary of American Capital Mortgage Investment Corp., through its wholly owned subsidiary Ditech Financial LLC ("Ditech". The transaction includes the acquisition of certain assets of the RCS servicing platform, the transition of a number of core operational employees to the Ditech servicing organization as well as entering into new residential mortgage loan subservicing agreements with RCS and the transfer of certain existing residential mortgage loan subservicing agreements. These subservicing agreements covered unpaid principal balance of approximately $9.8 billion at the date of closing. The servicing transfers are expected to take place in the first quarter of 2016.
MTGE: 15.79 (-0.20), WAC: 3.69 (-0.34)
Walter Investment reports Ditech's exit from distributed retail channel
M2 - Thu Jan 14, 9:38AM CST
Walter Investment Management Corp. (NYSE: WAC) wholly owned subsidiary Ditech Financial LLC, has exited the distributed retail channel effective January 8, 2016, the company said. Exiting the channel, which generated funded volumes of approximately USD400 million of Ditech's total funded volumes of approximately USD19.6 billion in the nine months ended September 30, 2015, and is expected to impact fewer than 200 employees. Ditech will continue to close loans currently in the channel's pipeline. Walter Investment vice chairman, chief executive officer and president Denmar J. Dixon said, "Throughout 2015 we moderated our investment in the distributed retail channel given current and expected market conditions, as well as recent regulatory considerations, and subsequently made the decision to exit the channel. This decision will allow us to concentrate on the continued development of the consumer direct channel, and further enhance our focus on the relationships and opportunities available to us in our retention and correspondent lending channels." Walter Investment Management Corp. is a diversified mortgage banking firm focused primarily on the servicing and origination of residential loans, including reverse loans. Based in Tampa, Fla.,
WAC: 3.69 (-0.34)
Walter Investment Management Has Returned 22.5% Since SmarTrend Recommendation (WAC)
Comtex SmarTrend(R) - Wed Jan 13, 10:09AM CST
SmarTrend identified an Uptrend for Walter Investment Management (AMEX:WAC) on November 23rd, 2015 at $12.95. In approximately 2 months, Walter Investment Management has returned 22.47% as of today's recent price of $15.86.
WAC: 3.69 (-0.34)
Walter Investment Announces Ditech's Exit from Distributed Retail Channel
PR Newswire - Wed Jan 06, 3:30PM CST
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company" today communicated that Walter Investment's wholly owned subsidiary Ditech Financial LLC ("Ditech" will exit the Distributed Retail channel effective January 8, 2016. Exiting the channel, which generated funded volumes of approximately $400 million of Ditech's total funded volumes of approximately $19.6 billion in the nine months ended September 30, 2015, is expected to impact fewer than 200 employees. Ditech will continue to close loans currently in the channel's pipeline.
WAC: 3.69 (-0.34)
Walter Investment Management Corp. names former senior General Electric and Citigroup Executive, George M. Awad, Executive Chairman and Interim CEO
PR Newswire - Wed Jun 08, 5:30PM CDT
Walter Investment Management Corp. (NYSE: WAC) ("Walter" or the "Company"
today announced its board of directors has appointed George M. Awad, a veteran consumer finance executive who has held senior roles at General Electric and Citigroup, as executive chairman and interim CEO of the Company, effective June 30, 2016. Denmar J. Dixon will resign as CEO and Vice Chairman and will continue to help the Company in an advisory role. Daniel G. Beltzman will step down as chairman but remain on the board of directors. WAC: 3.69 (-0.34)
Walter Investment Management Has Returned 58.1% Since SmarTrend Recommendation (WAC)
Comtex SmarTrend(R) - Tue May 31, 12:48PM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 5 months, Walter Investment Management has returned 58.10% as of today's recent price of $5.01.
WAC: 3.69 (-0.34)
Walter Investment reports 1Q loss
Automated Insights - Tue May 03, 5:56AM CDT
TAMPA, Fla. (AP) _ Walter Investment Management Corp. (WAC) on Tuesday reported a loss of $172.7 million in its first quarter.
WAC: 3.69 (-0.34)
Walter Investment Management Corp. Announces First Quarter 2016 Highlights and Financial Results
PR Newswire - Tue May 03, 5:30AM CDT
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company"
today announced operational highlights and financial results for the quarter ended March 31, 2016. WAC: 3.69 (-0.34)
Walter Investment Management Corp. Invites You To Join Its First Quarter 2016 Earnings Conference Call On The Web
PR Newswire - Tue Apr 26, 7:39PM CDT
Walter Investment Management Corp. (NYSE: WAC) a diversified mortgage banking firm announced today it will release its first quarter results for 2016 before the market opens on Tuesday, May 3, 2016. The Company will host a conference call and audio webcast to discuss the financial results on Tuesday, May 3, 2016 at 10:00 a.m. ET.
WAC: 3.69 (-0.34)
Ditech Converts 1.4 Million Customers to Black Knight's LoanSphere MSP Servicing System
PR Newswire - Mon Apr 25, 8:00AM CDT
Ditech Financial LLC ("Ditech"
and Black Knight Financial Services, Inc. (NYSE: BKFS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, announced today that Ditech, has converted approximately 1.4 million customers from its servicing and sub-servicing portfolios onto LoanSphere MSP, Black Knight's industry-leading loan servicing system. BKFS: 34.90 (-0.22), FNF: 34.92 (-0.69), WAC: 3.69 (-0.34)
Shares of WAC Down 31.6% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Wed Apr 20, 1:10AM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 3 months, Walter Investment Management has returned 31.60% as of today's recent price of $8.17.
WAC: 3.69 (-0.34)
Ditech Announces First Grand Prize Drawing of the 2016 Race Season for its Drive Down Your Mortgage(SM) Promotion
GlobeNewswire - Thu Apr 14, 8:41AM CDT
Ditech Financial LLC ("Ditech"
, a national lender and servicer of residential mortgage loans, today announced a grand prize winner of its "Drive Down Your Mortgage" sweepstakes. Following Stewart-Haas Racing driver Kevin Harvick's Sprint Cup Series win at Phoenix International Raceway on March 13, 2016, Toni E. from Mississippi was selected in a random prize drawing as the first Grand Prize winner. She will receive a cash prize of $20,000. WAC: 3.69 (-0.34)
Downtrend Call Working As Walter Investment Management Stock Falls 34.4% (WAC)
Comtex SmarTrend(R) - Tue Apr 12, 1:40PM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 3 months, Walter Investment Management has returned 34.45% as of today's recent price of $7.83.
WAC: 3.69 (-0.34)
35.9% Return Seen to Date on SmarTrend Walter Investment Management Call (WAC)
Comtex SmarTrend(R) - Tue Apr 05, 1:39AM CDT
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 3 months, Walter Investment Management has returned 35.87% as of today's recent price of $7.66.
WAC: 3.69 (-0.34)
Walter Investment Management Corp. Announces Appointment Of Daniel Beltzman As Chairman Of The Board Of Directors And David Schneider As Chief Operating Officer
PR Newswire - Wed Mar 02, 3:30PM CST
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company"
announced today that Daniel G. Beltzman, co-founder of Birch Run Capital Advisors, LP ("Birch Run", has been appointed Chairman of the Company's Board of Directors (the "Board". Mr. Beltzman joined the Board in December 2015. The Company's current Chairman, Mark J. O'Brien will continue to serve on the Board as a director. WAC: 3.69 (-0.34)
Walter Investment to Appoint David Schneider President, Ditech Servicing and Originations
PR Newswire - Mon Feb 08, 3:30PM CST
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company"
today announced that David Schneider, EVP of Walter Investment and President, Servicing of Ditech Financial LLC ("Ditech", will be named President of Ditech with responsibility for leading both the Servicing and Originations businesses, effective immediately. Patricia Cook, EVP of Walter Investment and President, Originations of Ditech, will be leaving the Company. WAC: 3.69 (-0.34)
Shares of WAC Down 18.3% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Mon Feb 01, 11:30AM CST
SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on January 15th, 2016 at $11.95. In approximately 2 weeks, Walter Investment Management has returned 18.29% as of today's recent price of $9.76.
WAC: 3.69 (-0.34)
Walter Investment Announces Acquisition of Certain Assets of RCS and Addition of Subservicing
PR Newswire - Fri Jan 29, 5:30AM CST
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company"
today announced it has completed the acquisition of certain assets from Residential Credit Solutions, Inc. ("RCS", a wholly owned subsidiary of American Capital Mortgage Investment Corp., through its wholly owned subsidiary Ditech Financial LLC ("Ditech". The transaction includes the acquisition of certain assets of the RCS servicing platform, the transition of a number of core operational employees to the Ditech servicing organization as well as entering into new residential mortgage loan subservicing agreements with RCS and the transfer of certain existing residential mortgage loan subservicing agreements. These subservicing agreements covered unpaid principal balance of approximately $9.8 billion at the date of closing. The servicing transfers are expected to take place in the first quarter of 2016. MTGE: 15.79 (-0.20), WAC: 3.69 (-0.34)
Walter Investment reports Ditech's exit from distributed retail channel
M2 - Thu Jan 14, 9:38AM CST
Walter Investment Management Corp. (NYSE: WAC) wholly owned subsidiary Ditech Financial LLC, has exited the distributed retail channel effective January 8, 2016, the company said. Exiting the channel, which generated funded volumes of approximately USD400 million of Ditech's total funded volumes of approximately USD19.6 billion in the nine months ended September 30, 2015, and is expected to impact fewer than 200 employees. Ditech will continue to close loans currently in the channel's pipeline. Walter Investment vice chairman, chief executive officer and president Denmar J. Dixon said, "Throughout 2015 we moderated our investment in the distributed retail channel given current and expected market conditions, as well as recent regulatory considerations, and subsequently made the decision to exit the channel. This decision will allow us to concentrate on the continued development of the consumer direct channel, and further enhance our focus on the relationships and opportunities available to us in our retention and correspondent lending channels." Walter Investment Management Corp. is a diversified mortgage banking firm focused primarily on the servicing and origination of residential loans, including reverse loans. Based in Tampa, Fla.,
WAC: 3.69 (-0.34)
Walter Investment Management Has Returned 22.5% Since SmarTrend Recommendation (WAC)
Comtex SmarTrend(R) - Wed Jan 13, 10:09AM CST
SmarTrend identified an Uptrend for Walter Investment Management (AMEX:WAC) on November 23rd, 2015 at $12.95. In approximately 2 months, Walter Investment Management has returned 22.47% as of today's recent price of $15.86.
WAC: 3.69 (-0.34)
Walter Investment Announces Ditech's Exit from Distributed Retail Channel
PR Newswire - Wed Jan 06, 3:30PM CST
Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company"
today communicated that Walter Investment's wholly owned subsidiary Ditech Financial LLC ("Ditech" will exit the Distributed Retail channel effective January 8, 2016. Exiting the channel, which generated funded volumes of approximately $400 million of Ditech's total funded volumes of approximately $19.6 billion in the nine months ended September 30, 2015, is expected to impact fewer than 200 employees. Ditech will continue to close loans currently in the channel's pipeline. WAC: 3.69 (-0.34)
