Walter Investment Management (WAC) Tops Q2 EPS by 4c
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Walter Investment Management (WAC) Names New CEO
August 9, 2016 6:26 AM EDTWalter Investment Management (NYSE: WAC) announced that it has appointed Anthony Renzi as CEO.
Renzi will join in Q416.
About Anthony RenziAnthony Renzi most recently served as the Chief Operating Officer, Managing Director and Head of Operations for Citi's North America Retail Bank,... More
Walter Investment Management (WAC), New Residential (NRZ) Enter MSR Purchase and Sale Agreement
August 9, 2016 6:09 AM EDTNew Residential Investment Corp. (NYSE: NRZ) and Walter Investment Management Corp. (NYSE: WAC) announced an agreement (the Purchase Agreement) for the purchase and sale of approximately $35 billion UPB of seasoned conventional mortgage servicing rights (MSRs) for a purchase price of approximately $231 million.
In addition, New Residential, Walter and Walter Capital Opportunity, LP have agreed in principle for the purchase and sale of substantially all of the assets of Walter Capital Opportunity, LP and its subsidiaries (WCO), along with certain related assets owned by Walter, which, collectively, represent approximately $37 billion UPB... More
