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Stock Market & Financial Investment News

News Breaks
March 20, 2013
06:18 EDTWACWalter Investment upgraded to Buy from Neutral at Sterne Agee
News For WAC From The Last 14 Days
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June 6, 2013
14:13 EDTWACWalter Investment unit enters master repurchase agreement with Bank of America
Walter Investment Management (WAC) disclosed in a regulatory filing that on May 31 its wholly owned indirect subsidiary Green Tree Servicing entered into a Master Repurchase Agreement, or “Warehouse Agreement," with Bank of America. In addition, pursuant to the terms of their agreement, the company provided Bank of America with a guaranty in order to support Green Tree’s obligations under the agreement. The agreement provides for a maximum aggregate purchase price of $500M, $250,000 of which is provided by Bank of America on a committed basis, the filing stated.

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