J.G. Wentworth (JGW) Reports Q1 Loss Per Share of $1.03

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The J.G. Wentworth Company® Reports First Quarter 2016 Results

May 10, 2016 6:30 AM EDT

Home Lending's Results Exceed Expectations; First Quarter Closed Mortgage Loans of $568.3 million

Total Receivable Balances Purchased of $203.7 million

RADNOR, Pa.--(BUSINESS WIRE)-- The J.G. Wentworth Company® (J.G. Wentworth or the Company) (NYSE: JGW), a diversified financial services company, today reports financial results for the first quarter 2016. We are pleased with the improvements of business drivers in the quarter compared to the fourth quarter. Our Home Lending business exceeded expectations and we are looking forward to a bright future in the segment as we... More