At A Glance
- Company:
- Walter Investment Management Corp.
- Ticker
- WAC (NYSE Amex)
- Market cap:
- $643 million as of March 23, 2012
- Employees:
- 2,600
- Operations:
- Tampa, Florida; St. Paul, Minnesota; Rapid City, South Dakota; Tempe, Arizona; and Fort Worth, Texas.
- Business:
- We are a fee-based business services company that provides special servicing of credit-sensitive residential mortgage assets for our clients.
- Servicing volume:
- At December 31, 2011, Walter Investment's servicing portfolio consisted of over 1 million accounts with an unpaid principal balance of approximately $86 billion.
- Our history:
- In a history that spans more than 50 years, we have developed a deep and specialized knowledge in high-touch servicing, making us an ideal partner to owners of credit-sensitive assets.
- Our value proposition:
- By using proprietary, customizable servicing protocols, our capital-light, fee-based business drives improved credit performance from high-risk assets. At the same time, our deeply ingrained culture of compliance gives our clients confidence that they are meeting the ever-changing regulatory requirements of the mortgage industry.
