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News Breaks | | | | December 20, 2012 | | 08:31 EDT |  | WAC | Walter Investment responds to FHA's actions in reverse mortgage program
CEO Mark O'Brien said, "We had anticipated this week's announced moratorium on the Full-draw HECM Reverse Mortgage product and have already begun moving customers towards other FHA HECM products. We applaud Commissioner Galante and the FHA for taking actions to reduce risk to both the FHA and borrowers and believe these actions will, in fact, help improve and sustain what is a very important mortgage product. We believe the reverse mortgage sector remains a very attractive growth opportunity for Walter Investment." | |
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News For WAC From The Last 14 Days Check below for free stories on WAC the last two weeks. |
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| May 9, 2013 | | 09:19 EDT | | WAC | On The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference. | | | 06:33 EDT |  | WAC | Walter Investment sees FY13 core EPS about $5.06, consensus $4.65
 Subscribe for More Information | | | 06:32 EDT | | WAC | Walter Investment reports Q1 EPS 73c, consensus 47c
Subscribe for More Information | | | May 7, 2013 | | 10:00 EDT |  | WAC | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | 05:38 EDT | | WAC | Walter Investment initiated with a Market Perform at Wells Fargo
Price target range $29-$35. | |
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