Ditech Parent Walter Investment Could Be Kicked Off NYSE

NYSE Threatens To Boot Ditech Owner Walter Investment From Exchange The parent company of Ditech Financial received notice from the New York Stock Exchange they were considered to be noncompliant with rule 802.01B of the NYSE Listed Company Manual. Walter Investment’s shares closed at an average price of less than $1 for a consecutive 30 trading-day period. Walter […]

Wells Fargo

Walter Investment Management Settles HUD Reverse Mortgage False Claims Suit

Walter Investment Management Pays More than $29 Million for the Alleged Submission of False Claims Related to Servicing Reverse Mortgage Loans Walter Investment Management Corp. (WIMC) has agreed to pay $29.63 million to resolve allegations that Walter Investment Management, through its subsidiaries, Reverse Mortgage Solution Inc. (RMS), REO Management Solutions LLC and RMS Asset Management […]

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