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  • Walter Enters Chapter 11, Reverse Mortgage Solutions Potfolio Spared
    Walter Investment Management Corporation (NYSE: WAC.BC) voluntarily entered Chapter 11 bankruptcy protection late Thursday night, after the required number of lenders and noteholders approved the company‚Äôs prepackaged plan. The Fort Washington, Pa.-based firm, which services reverse mortgages through its Reverse Mortgage Solutions subsidiary, plans to shed $800 million in corporate debt through the process. Management […]
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