Walter Investment Management (WAC) Tops Q1 EPS by 58c

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Walter Investment Management Corp. Announces First Quarter 2015 Highlights And Financial Results

May 7, 2015 7:02 AM EDT

TAMPA, Fla., May 7, 2015 /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, 2015.

First Quarter 2015 Operational Highlights and Recent Developments

Adjusted Earnings of  $38.3 million after taxes, or $1.02 per share Servicing segment delivered 17 bps of AEBITDA margin, at the high end of the previously provided target range Assisted approximately 15,000 homeowners in obtaining modifications and originated approximately 10,700 HARP loans 56% growth in Originations segment funded volumes to $5.5... More