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    Investor Relations :: 2016 News Releases


    2016 News Releases

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    11/16/16Walter Investment Management Corp. Announces Execution of MSR Purchase and Sale Agreement Relating to Sale of WCO Assets
    TAMPA, Fla., Nov. 16, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company") today announced that certain affiliated subsidiaries of Walter Capital Opportunity Corp. (collectively, "WCO") have executed a mortgage servicing right ("MSR") purchase and sale agreement (the "MSRPSA") with New Residential Mortgage LLC ("NRM"), a wholly-owned subsidiary of New Residential Investment Corp. (NYSE: NRZ), pursuant to which, among other things, WCO has agr... 
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    11/11/16Walter Investment Management Corp. Amends Stockholder Rights Plan
    TAMPA, Fla., Nov. 11, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company") today announced that it has amended and restated its stockholder rights plan, which was originally adopted on June 29, 2015 and set to expire on June 29, 2017, in order to preserve the value of significant tax assets associated with the Company's "built-in tax losses" and certain other tax benefits under Section 382 of the Internal Revenue Code of 1986, as amended ("Se... 
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    11/09/16Walter Investment Management Corp. Announces Third Quarter 2016 Highlights And Financial Results
    TAMPA, Fla., Nov. 9, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company") today announced operational highlights and financial results for the quarter ended September 30, 2016. Third Quarter 2016 Operational Highlights and Recent Developments New leadership and engaged workforce New Chief Executive Officer began September 12, 2016 and restructured management team into a more streamlined and simple organization Capita... 
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    10/31/16Walter Investment Management Corp. Invites You To Join Its Third Quarter 2016 Earnings Conference Call On The Web
    TAMPA, Fla., Oct. 31, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) a diversified mortgage banking firm announced today it will release its third quarter results for 2016 before the market opens on Wednesday, November 9, 2016.  The Company will host a conference call and audio webcast to discuss the financial results on Wednesday, November 9, 2016 at 9:00 a.m. ET. What: Walter Investment Management Corp.'s Third Quarter 2016 Earnings Conference Call ... 
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    10/17/16Walter Investment Management Corp. Announces the Hiring of Alfred W. Young, Jr. as Chief Risk and Compliance Officer, Elizabeth F. Monahan as Chief Human Resources Officer and Timothy J. Cranny as Senior Vice President of Performing Loan Servicing
    TAMPA, Fla., Oct. 17, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) ("Walter" or the "Company") today announced the hiring of Alfred W. Young, Jr. as Chief Risk and Compliance Officer, Elizabeth F. Monahan as Chief Human Resources Officer and Timothy J. Cranny as Ditech Financial LLC's Senior Vice President of Performing Loan Servicing. Mr. Young and Mr. Cranny are expected to join the Company October 24, 2016 and Ms. Monahan is expected to join November 1, 2016. They will ... 
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    08/09/16Walter Investment Management Corp. Announces Second Quarter 2016 Highlights And Financial Results
    TAMPA, Fla., Aug. 9, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company") today announced operational highlights and financial results for the quarter ended June 30, 2016. Second Quarter 2016 Operational Highlights and Recent Developments Capital efficiency Entered into a series of agreements with a subsidiary of New Residential Investment Corp (NYSE: NRZ) for the sale of mortgage servicing rights for approximately $231 million, wh... 
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    08/09/16New Residential and Walter Investment Announce Mortgage Servicing Rights Purchase Agreement and Subservicing Agreement
    NEW YORK & TAMPA, Fla.--(BUSINESS WIRE)--Aug. 9, 2016-- New Residential Investment Corp. (NYSE:NRZ, “New Residential”) and Walter Investment Management Corp. (NYSE:WAC, “Walter”) today announced an agreement (the “Purchase Agreement”) for the purchase and sale of approximately $35 billion UPB of seasoned conventional mortgage servicing rights (“MSRs”) for a purchase price of approximately $231 million. In addition, New Residential, Wal... 
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    07/27/16Walter Investment Management Corp. Invites You To Join Its Second Quarter 2016 Earnings Conference Call On The Web
    TAMPA, Fla., July 27, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) a diversified mortgage banking firm announced today it will release its second quarter results for 2016 before the market opens on Tuesday, August 9, 2016. The Company will host a conference call and audio webcast to discuss the financial results on Tuesday, August 9, 2016 at 9:00 a.m. ET. What:    Walter Investment Management Corp.'s Second Quarter 2016 Earnings Conference Call ... 
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    06/28/16Walter Investment Management Corp. Amends Shareholder Rights Plan
    TAMPA, Fla., June 28, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) ("Walter" or the "Company") today announced that its Board of Directors has approved an amendment to its shareholder rights plan. The amendment extends the expiration date of the rights plan by one year, to June 29, 2017.   The rights plan is intended to enable all Walter stockholders to realize the full value of their investment in the Company and to reduce the potential that any person or group could ... 
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    06/08/16Walter Investment Management Corp. names former senior General Electric and Citigroup Executive, George M. Awad, Executive Chairman and Interim CEO
    Effective June 30, Denmar J. Dixon will resign as CEO and director and assume an advisory role; Daniel G. Beltzman will relinquish chairman role and remain a director TAMPA, Fla., June 8, 2016 /PRNewswire/ -- 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 C... 
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    05/03/16Walter Investment Management Corp. Announces First Quarter 2016 Highlights and Financial Results
    TAMPA, Fla., May 3, 2016 /PRNewswire/ -- 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. First Quarter 2016 Operational Highlights and Recent Developments Earnings negatively impacted by significant rate decline in the quarter Launched major customer service and operating efficiency initiatives Total serviced portfolio of $275.7 billion UPB, 3% grow... 
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    04/26/16Walter Investment Management Corp. Invites You To Join Its First Quarter 2016 Earnings Conference Call On The Web
    TAMPA, Fla., April 26, 2016 /PRNewswire/ -- 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. What:        Walter Investment Management Corp.'s First Quarter 2016 Earnings Conference Call ... 
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    03/25/16Walter Investment Management Corp. Announces Board of Directors Approval of Declassification of Board of Directors
    TAMPA, Fla., March 25, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company") announced today that its Board of Directors (the "Board") has approved an amendment to the Company's charter (the "Charter") which would declassify the Board so that the entire Board will stand for election annually.  In addition, the Board approved an amendment to the Company's Bylaws, effective upon the amendment to the Charter, to introduce majority voting for the ... 
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    03/02/16Walter Investment Management Corp. Announces Appointment Of Daniel Beltzman As Chairman Of The Board Of Directors And David Schneider As Chief Operating Officer
    TAMPA, Fla., March 2, 2016 /PRNewswire/ -- 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. "Daniel, in his short tenure, has alread... 
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    02/29/16Walter Investment Management Corp. Announces Full Year And Fourth Quarter 2015 Highlights And Financial Results
    TAMPA, Fla., Feb. 29, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) ("Walter Investment" or the "Company") today announced operational highlights and financial results for the full year and quarter ended December 31, 2015. 2015 Operational Highlights and Recent Developments Net loss of $7.00 per share; Adjusted Earnings of $1.98 per share after tax Non-cash goodwill and fair value charges drove $6.36 of the per share net loss 4% growth in the serviced portfolio ... 
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    02/18/16Walter Investment Management Corp. Invites You To Join Its Fourth Quarter And Full Year 2015 Earnings Conference Call On The Web
    TAMPA, Fla., Feb. 18, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) a diversified mortgage banking firm announced today it will release its fourth quarter and full year results for 2015 before the market opens on Monday, February 29, 2016.  The Company will host a conference call and audio webcast to discuss the financial results on Monday, February 29, 2016 at 10:00 a.m. ET.   What:      Walter Investment Management Corp.'s Fourth Quarter and Full... 
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    02/08/16Walter Investment to Appoint David Schneider President, Ditech Servicing and Originations
    TAMPA, Fla., Feb. 8, 2016 /PRNewswire/ -- 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.   ... 
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    02/05/16Walter Investment Management Corp. Announces Record Date And Meeting Date For 2016 Annual Meeting Of Stockholders
    TAMPA, Fla., Feb. 5, 2016 /PRNewswire/ -- Walter Investment Management Corp. (NYSE: WAC) (the "Company") today announced that its Board of Directors has established the close of business on March 17, 2016 as the record date for determining stockholders entitled to notice of, and to vote at, the Company's 2016 Annual Meeting of Stockholders, which will be held at the Renaissance Tampa International Plaza Hotel in Tampa, Florida on Thursday, May 12, 2016 at 10:00 a.m. ET. About Walter Investme... 
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    01/29/16Walter Investment Announces Acquisition of Certain Assets of RCS and Addition of Subservicing
    TAMPA, Fla., Jan. 29, 2016 /PRNewswire/ -- 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 num... 
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    01/06/16Walter Investment Announces Ditech's Exit from Distributed Retail Channel
    TAMPA, Fla., Jan. 6, 2016 /PRNewswire/ -- 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 ... 
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