Items Tagged with 'Walter'

ARTICLES

  • Say goodbye to Green Tree; company merging with Ditech

    Walter Investment merges companies to form Ditech Financial
    Unbeknownst to most of the industry, Green Tree Servicing is in the last few weeks of its existence, but the company is not closing. Green Tree’s parent company, Walter Investment Management Corp., is merging Green Tree with another of Walter Investment’s well-known subsidiaries, Ditech Mortgage Corp.
    Read More
  • Green Tree earns top marks in Fannie Mae mortgage servicer ratings

    Awarded a superior five STAR designation
    Green Tree Servicing announced Friday that it received a superior five STAR designation as part of Fannie Mae’s Servicer Total Achievement and Rewards program for 2014. Green Tree also said that 2014 is the third consecutive year the company has earned the top performer distinction within its STAR peer group.
    Read More
  • Green Tree exits wholesale lending

    Walter Investment winds down 'small part of company'
    "The wholesale channel has been a relatively small part of the Company's originations business with funded volumes of less than $1 billion in the nine months through September 30, 2013," the company said in a statement.
    Read More
  • Third quarter earnings double at Walter Investment

    MSR hedging more than offsets rising interest rates
    Servicing generated revenue of $208.5 million in the third quarter, more than five times what the reverse mortgage business brought in. Originations generated revenue of $167.4 million in the third quarter, driven primarily by the consumer direct channel.
    Read More