Walter Investment Management Corp
WAC:NYSE
| Last | Change / % Change | Dividend Yield | Volume | Avg Volume (10 day) |
| 36.69 | -0.48 -1.29% | 0.00% | 381,285 | 481.8K |
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Latest News Headlines for Walter Investment Management Corp
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in Walter Investment Management Corp. of Class Action Lawsuit and Upcoming Deadline -- WAC
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in Walter Investment Management Corp. of Class Action Lawsuit and Upcoming Deadline -- WAC
NEW YORK, Aug. 30, 2013 (GLOBE NEWSWIRE) -- Pomerantz Grossman Hufford Dahlstrom & Gross LLP has filed a class action lawsuit against Walter Investment Management Corp. ("Walter Investment" or the "Company") (NYSE:WAC) and certain of its officers. The class action, filed in United States District Court, Middle District of Florida, and docketed under 13 cv 1916 T27TBM, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired securities of Walter Investment between May 9, 2012 and June 6, 2013 both dates inclusive (the "Class Period"). This class action seeks to recover damages against the Company and certain of its officers and directors as a result of alleged violations of the federal securities laws pursuant to Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.
Divestiture Agreements, Strategic Partnerships and Financial Results - Research Report on KeyCorp, ICICI Bank, Altisource, Walter Investment, and Invesco Mortgage Capital
NEW YORK, August 28, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting KeyCorp (NYSE: KEY), ICICI Bank Ltd. (NYSE: IBN), Altisource Portfolio Solutions S.A. (NASDAQ: ASPS), Walter Investment Management Corp. (NYSE: WAC), and Invesco Mortgage Capital Inc. (NYSE: IVR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Walter Investment Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors
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DALLAS--(BUSINESS WIRE)--August 23, 2013--
Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that a federal class action lawsuit has been filed against Walter Investment Management Corp. ("Walter" or "Company") (NYSE: WAC). The firms are investigating additional legal claims against the officers and Board of Directors of Walter during the period of May 9, 2012 and June 6, 2013 (the "Class Period").
Company Background
Walter Investment Management Corp., together with its subsidiaries, is a fee-based business services provider to the residential mortgage industry. The Company is a specialty servicer providing residential loan servicing that focuses on credit-sensitive residential mortgage assets located in the United States. It is also a mortgage portfolio owner and operates an insurance agency serving residential loan customers. The Company operates in four segments: Servicing, Asset Receivables Management (ARM), Insurance, and Loans and Residuals. On July 1, 2011, the Company acquired GTCS Holdings LLC. In November 2012, the Company acquired Reverse Mortgage Solutions, Inc. In January 2013, it acquired originations and capital markets platform of Residential Capital, LLC. In April 2013, the Company announced that its wholly owned subsidiary Reverse Mortgage Solutions, Inc. (RMS) acquired a (Wells Fargo).
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 37.09 | Previous Close 37.17 |
Day High 37.22 | Day Low 36.58 |
52wk High/Date 49.99 / 2/19/2013 | 52wk Low/Date 27.60 / 8/30/2012 |
% off 52wk High -26.61% | % off 52wk Low 32.93% |
Beta (5 Yr) 1.2 | Market Capitalization 1.4B |
Shares Outstanding 37.0M | Volatility Avg 51.42 |
EPS(TTM) 3.72 | P/E Ratio 9.9 |
Dividend Announcement -- | Dividend Yield 0.00% |
Ex-Date -- | Date of Record -- |
Payable 0.00 - -- | Payable Date -- |
Last Trade as of 8/30/2013 4:04 PM ET | |
WAC Walter Investment Management Corp vs. Peers
| Peers | |
|---|---|
WAC Walter Investment Management Corp | -14.71% |
CBRE Group Inc | 9.90% |
Jones Lang LaSalle Inc | -2.03% |
HFF, Inc. | 54.36% |
Zillow Inc | 247.57% |
WAC Walter Investment Management Corp | 0.00% |
CBRE Group Inc | -- |
Jones Lang LaSalle Inc | 0.54% |
HFF, Inc. | -- |
Zillow Inc | -- |
WAC Walter Investment Management Corp | -1.29% |
CBRE Group Inc | 0.83% |
Jones Lang LaSalle Inc | -1.93% |
HFF, Inc. | -1.25% |
Zillow Inc | 0.87% |