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Volume 21 - Number 3

February 10, 2017

Can Walter/Ditech Find a Path Forward?

Walter Investment Management Corp. has yet to release fourth-quarter results, but if its nine-month performance is any indication, it has some major challenges ahead. Through September, the publicly traded nonbank – the nation’s eighth-largest servicer via its Ditech unit – lost $506.9 million, some of it tied to non-cash writedowns on its mortgage servicing rights. But if revenues are any indication of future earnings, investors shouldn’t brace for too much good news in its ...

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.

47%

Yes, by a lot.

5%

Yes and, heck, we may even do non-QM lending.

14%

No, not at all.

26%

No and we may even tighten credit.

7%