Walter Investment posts 1Q net income of $38.3M

Walter Investment Management Corp. reported GAAP net loss for the first quarter of 2015 of ($31.0) million, or ($0.82) per diluted share, compared to net income of $17.4 million, or $0.45 per share for the first quarter of 2014. Adjusted earnings for the quarter were $38.3 million. Here’s where things went sideways.

from Byrd Mix http://ift.tt/1RfZb0t via memphis byrd

from Tumblr http://ift.tt/1F8jppI