Walter Investment Management (WAC) Tops Q2 EPS by 6c
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Walter Investment Management Corp. Announces Second Quarter 2015 Highlights And Financial Results
August 10, 2015 7:00 AM EDTTAMPA, Fla., Aug. 10, 2015 /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, 2015.
Second Quarter 2015 Operational Highlights
Adjusted Earnings of $24.4 million after taxes, or $0.65 per share Servicing segment delivered 16 bps of AEBITDA margin Assisted approximately 12,500 homeowners in obtaining modifications and originated approximately 10,500 HARP loans 66% growth in Originations segment funded volumes to $7.2 billion as compared to the prior year quarter Reverse Mortgage segment issued $442 million of HMBS, an... More