Walter Investment Management Corp. (WAC)

5.85
0.02 0.34
NYSE : Finance
Prev Close 5.83
Open 5.80
Day Low/High 5.80 / 5.95
52 Wk Low/High 0.30 / 12.00
Volume 4.84K
Avg Volume 811.50K
Exchange NYSE
Shares Outstanding 37.37M
EPS -23.20
P/E Ratio 0.43
Div & Yield N.A. (N.A)

Latest News

Sticking Up for the Ex-Im Bank

Markets still are holding their gains as we come to midday. Interestingly, the biotech index is off today despite great results and a solid up day from Gilead Sciences (GILD), one of the four horsemen of biotech. Some infrastructure plays such as Ma...

Housing's Strong Foundation, Part 2

Housing's Strong Foundation, Part 2

Tertiary stocks will also benefit from the housing market rise.

WPX Energy, Barrick Gold Shares Will Soon Glitter Again

WPX Energy, Barrick Gold Shares Will Soon Glitter Again

Walter Investment Management finally parted the dark clouds hanging over it in the first quarter.

Riding the See-Saw

See-saw day of trading to open February. The Dow has been up and down more than 100 points in today's session for the second time this year. This only happened twice in 2014. And 2015 might be shaping up to a more volatile year. There were a lot of ...

Rare Good News for Mortgage Servicers

The market is clawing its way back to even. Oil is holding gains, and this is translating into solid gains within the E&P space today so far. This is also helping Chicago Bridge & Iron (CBI) recover some of its losses from announcement of another de...

Ocwen Takes More Baby Steps

Shares are creeping higher. Ocwen Financial (OCN) is inching up today. Peers Nationstar Mortgage Holdings (NSM) and Walter Investment Management (WAC) are doing the same.

Walter Investment Management Misses

I am going through the earnings report now. Ocwen (OCN) competitor Walter Investment Management (WAC) misses -- unlike last week's beat by Nationstar Mortgage (NSM). I am going through the earnings report now.

Turning Down

I don't like the action By Bret Jensen The market is turning down as we approach the noon hour, and I don't like the action. The Russell 2000 continues to significantly underperform, an indicator that the investing environment continues to be risk-o...

Ocwen Underperforms

Any evidence of a compromise with Lawsky and New York state could move these shares immediately into the low $40s. Once again, Ocwen (OCN) is underperforming its peers, Walter Investment Management (WAC) and Nationstar Mortgage (NSM). I do think any...

From the Street of Dreams

Mortgage service industry receives a downgrade from Wells Fargo. Wells Fargo has downgraded the mortgage service group. Ocwen (OCN), Walter Investment (WAC) and Nationstar (NSM) are under pressure this morning.

Nice Change for Ocwen

The stock is outperforming its peers. Ocwen (OCN) is slightly outperforming Walter (WAC) and Nationstar (NSM) for a change.

What's the Issue?

Why does it continue to lag its industry peers? Ocwen (OCN) continues to underperform its brethren, Walter (WAC) and Nationstar (NSM), and I don't know why.

Ocwen Catches Up

And then some. Over the past week, I have been writing about how Ocwen's (OCN) shares have lagged their peers', Walter Investment (WAC) and NationStar Mortgage (NSM). Today we are seeing a reversal of form.

Ocwen Advances

And it appears to be confirmed by further climbs in its peer group. Ocwen (OCN) continues its nice share price advance today. Importantly, it appears to be confirmed by further climbs in its peer group -- Walter (WAC) and Nationstar (NSM).

From the Street of Dreams

Jefferies downgrades Nationstar and Walter Investment. Mortgage servicers getting whacked on downgrades of Nationstar (NSM) and Walter Investment (WAC) at Jefferies.

Ocwen Still Underperforms

The compnay possesses the critical mass, best efficiency and capital ratios in the mortgage-servicing sector. Ocwen (OCN) continues to underperform both absolutely and relative to its peers Walter Investment (WAC) and Nationstar Mortgage (NSM). This...

Ocwen Will Catch Up

Its competitors are way up today. Ocwen's (OCN) competitors, Walter Investment (WAC, up $5) and Nationstar (NSM, up $2.50), are way up today. My guess is that Ocwen catches up in the near term.

2 Financials Added to My Shopping List

2 Financials Added to My Shopping List

Because a prepared investor is a profitable investor.

Financials Ease Back in the Limelight

Financials Ease Back in the Limelight

The Fed's actions may let rates drift back to 3%,

Stick to Your Investment Philosophy

Stick to Your Investment Philosophy

A skeptic always distrusts the consensus.

Mortgage Service Firms Get Dinged

I expect further weakness. Not surprisingly, the mortgage servcing complex is under pressure now. Despite overall market strength, Walter Investment Management (WAC), Nationstar Mortgage Holdings (NSM) and Ocwen Financial (OCN) are all weak today. A...

Re-Evaulating the Financials

Re-Evaulating the Financials

Here is a tour of the sector after the Fed decision.

Analyzing Two Mortgage Service Plays

Analyzing Two Mortgage Service Plays

Ocwen Financial and Walter Investment look undervalued.

Declining Estimates Detect Portfolio Risks

Declining Estimates Detect Portfolio Risks

Weakness in a company's business could mean poor earnings and reduced guidance.

Early-Morning Market Look

Let's start the day out with a peek of overnight and morning market trends. Futures/markets are lower overnight -- it is inconceivable! S&P futures down 6; European markets down; euro down; crude down 0.5; gold down 4; and 10-year at 1.87%. Question...

Mortgage Wars

There will be some winners and some duds in the mortgage investment names. By Tim Collins Anyone ever watch "Storage Wars" or another one of those storage-long shows? If you haven't, then go watch one real quick. We'll wait. Simply put, that is my v...