Walter Investment Management (WAC) Misses Q3 EPS by 9c

Go back to Walter Investment Management (WAC) Misses Q3 EPS by 9c

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

November 5, 2015 6:00 AM EST

TAMPA, Fla., Nov. 5, 2015 /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, 2015.

Third Quarter 2015 Operational Overview and Recent Developments

Adjusted Earnings of $16.6 million after taxes, or $0.44 per share Servicing segment delivered 15 bps of AEBITDA margin Assisted approximately 13,200 homeowners in obtaining modifications and originated approximately 10,700 HARP loans Originations segment funded volumes grew 23% to $6.9 billion as compared to the prior year quarter Reverse Mortgage segment issued $390... More