Walter Investment Management Corp. (NYSE:WAC) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On August 9, 2017, Walter Investment Management Corp. (the “Company”) issued a press release announcing its financial results for the quarter ended June 30, 2017, as well as updates on operational highlights for the Company. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated herein by reference.
Item 2.02. Regulation FD Disclosure.
The information set forth above under Item 2.02 is hereby incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information being furnished to this Current Report on Form8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other document filed by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 2.02. Financial Statements and Exhibits.
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Exhibit No. |
Description |
| 99.1 | Press Release, dated August 9, 2017 |
WALTER INVESTMENT MANAGEMENT CORP ExhibitEX-99.1 2 d434733dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 News Release Contact: Kimberly Perez SVP & Chief Accounting Officer 813.421.7694 investorrelations@walterinvestment.com FOR IMMEDIATE RELEASE WALTER INVESTMENT MANAGEMENT CORP. ANNOUNCES SECOND QUARTER 2017 HIGHLIGHTS AND FINANCIAL RESULTS – Reported second quarter 2017 GAAP net loss of $94.3 million,…To view the full exhibit click here
About Walter Investment Management Corp. (NYSE:WAC)
Walter Investment Management Corp. is a diversified mortgage banking firm focused primarily on the servicing and origination of residential loans, including reverse loans. The Company operates through three segments: Servicing, Originations and Reverse Mortgage. The Servicing segment consists of operations that perform servicing for third-party credit owners of mortgage loans, as well as its own mortgage loan portfolio. The Servicing segment also includes Insurance, and Loans and Residuals businesses. The Originations segment consists of operations that originate and purchase mortgage loans that are intended for sale to third parties. The Reverse Mortgage segment consists of operations which purchases and originates home equity conversion mortgage that are securitized, but remain on the consolidated balance sheet as collateral for secured borrowings.