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Walter Investment Management Corp. Message Board

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  • reorgan48 reorgan48 Oct 1, 2012 8:08 PM Flag

    Great Ride!!


    Never dreamt it would go over $40.
    Has Mr. Market gone nuts?

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    • Reorg - Not the market. MSR's seem to be getting the attention of influential investors/buyers. Current estimates do not reflect the upcoming accreattive acquisition. Interesting conference call - platform to go after mortgages of foreclosures. Maybe it won't happen - but it could. The number of people who walked from their homes because they were under water but could pay is a significant percentage. Who, knows, maybe the government will wake up and stop footing the bill for what borrowers thought was a free put option - Fannie, Freddie, Mitt?

4.39-0.30(-6.40%)May 5 4:02 PMEDT