Walter Investment Management (WAC) Posts Surprise Q4 Loss
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Walter Investment Management Corp. Announces Full Year And Fourth Quarter 2015 Highlights And Financial Results
February 29, 2016 6:30 AM ESTTAMPA, Fla., Feb. 29, 2016 /PRNewswire/ --Â 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 to $266.6 billion of UPB as compared to 2014; ranked nationally as the 8th largest servicer(1) Servicing segment delivered... More