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Stock Market & Financial Investment News

News Breaks
March 4, 2014
04:55 EDTWAC, WACWalter Investment management to meet with Sterne Agee
Meeting to be held in Boston on March 6 hosted by Sterne Agee.
News For WAC From The Last 14 Days
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November 18, 2014
07:52 EDTWACWalter Investment downgraded at Evercore ISI
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06:22 EDTWACWalter Investment downgraded to Hold from Buy at Evercore ISI
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November 11, 2014
12:50 EDTWACLawsky undecided on leaving NYDFS, Inside Mortgage Finance says
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08:30 EDTWACLawsky reports a positive for mortgage space, says FBR Capital
FBR Capital views reports of New York Department of Financial Services Superintendent Benjamin Lawsky’s plans to step down in 2015 as a positive for mortgage servicing space. FBR notes Ocwen Financial (OCN) has been the company under the most scrutiny with Lawsky in charge and that Nationstar Mortgage (NSM)) has also received a letter from the regulator. It also views the reports as a positive for Walter Investment (WAC), which it notes has avoided a targeted communication by Lawsky thus far. FBR thinks a softening of the regulatory environment could allow the big banks to start moving product again.

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