Walter Investment Management (WAC) Misses Q2 EPS by 3c

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FBR Capital Downgrades Walter Investment Corp. (WAC) to Market Perform

August 12, 2014 8:10 AM EDT

FBR Capital downgraded Walter Investment Corp. (NYSE: WAC) from Outperform to Market Perform with a price target of $28.00 (from $32.00).

Analyst Paul J. Miller, Jr. said, "Our price target represents just under 5x our... More

Walter Investment Management Corp (WAC) COO to Retire

August 8, 2014 4:01 PM EDT

Walter Investment Management Corp. (NYSE: WAC) today announced the retirement of its Executive Vice President and Chief Operating Officer, Keith Anderson. Mr. Anderson will remain in his present position with the Company for ninety days to assist with the search for a successor and to transition the position. Thereafter, Mr. Anderson will continue as a consultant to the Company for one year.

Mr. Anderson joined Green Tree Servicing in 1995, holding various positions of increasing responsibility, before... More