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Walter Investment Management Corp (WAC)

Walter Investment Management Corp (WAC)
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Walter Investment Management Corp., headquartered in Tampa, FL, is a Mortgage portfolio owner and mortgage servicer specializing in subprime, non-conforming and other credit challenged mortgage assets. It is a residential mortgage servicing company with divisional offices located in Atlanta, Birmingham, Charlotte, Ft. Worth and Houston. The company holds licenses as a residential mortgage lender and/or servicer in over 30 states across the US, and presently has federal mortgage lending approval as a Title II Non-Supervised HUD Mortgagee. The portfolio primarily consists of mortgages on homes built by Jim Walter Homes, Inc. and its affiliated builders. The company is one of the few remaining organizations to provide portfolio servicing through a team of full-time `field-based` employees. It also operates mortgage advisory and insurance product lines of business.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Sales 1,002,330 1,307,330 1,505,690 1,796,070 632,910
Sales Growth -23.33% -13.17% -16.17% +183.78% +56.81%
Net Income -529,160 -263,190 -110,330 253,470 -22,130
Net Income Growth -101.06% -138.55% -143.53% +1,245.37% +68.07%
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Total Assets 16,758,900 18,591,500 18,991,980 17,387,529 10,978,180
Total Assets Growth -9.86% -2.11% +9.23% +58.38% +168.18%
Total Liabilities 16,478,641 17,786,820 17,915,320 16,220,510 10,083,250
Total Liabilities Growth -7.35% -0.72% +10.45% +60.87% +183.00%
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Operating Cash Flow 451,950 -48,090 -204,270 -1,810,480 69,620
Operating Cash Flow Growth +1,039.80% +76.46% +88.72% -2,700.52% -36.06%
Net Cash Flow 21,770 -117,350 -171,710 49,830 423,320
Change in Net Cash Flow +118.55% +31.66% -444.59% -88.23% +618.14%
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