Walter Investment Management (WAC) Misses Q3 EPS by 9c
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Walter Investment Management Corp. Announces Third Quarter 2015 Highlights And Financial Results
November 5, 2015 6:00 AM ESTTAMPA, 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