Walter Investment Management Corp. · Tampa, FL United States · (NYSE Alternext: WAC)
Company Description
More Companies in: Edison, New Jersey
More Companies in These Related Industries: Residential Rental Property, Banking, Lending & Credit Services, Loan Brokers
View Walter Investment Management Corp. Locations On A US Map
This link will open in a new window
Walter Investment Management owns and services residential mortgages, particularly of the subprime and noncomforming variety. Formerly Hanover Capital Mortgage, the real estate investment trust (REIT) operates through subsidiaries Walter Mortgage, HanoverTrade (advisory services), and Best Insurors (commercial and personal lines agency). The company was created in 2009 through the merger of Hanover Capital Mortgage with the home financing business of Walter Industries (now Walter Energy ), which was spun off in relation to the closure of shuttered homebuilder Jim Walter Homes. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Walter Investment Management Corp. Reports
Key Walter Investment Management Corp. Financials
| Company Type | Public - NYSE Alternext: WAC Headquarters |
| Fiscal Year-End | December |
| 2009 Employees | 219 |
Walter Investment Management Corp. Executives
15 executives listed for Walter Investment Management Corp.'s Tampa, FL location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Mark O'Brien | |
| Vice Chairman and EVP | Denmar Dixon | |
| President and COO | Charles Cauthen |
Competition
Competitive Landscape for Walter Investment Management Corp.
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top Walter Investment Management Corp. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
