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Walter Proposes Restructuring Plan to Avert Potential Bankruptcy 

Aug 01, 2017By

Walter Investment Management Corp. (NYSE: WAC) on Tuesday announced a proposed restructuring plan amid its financial woes, warning that it will enter Chapter 11 bankruptcy if the stakeholders can’t agree on the proposal. The troubled servicer, which continues to service reverse mortgages under its Reverse Mortgage Solutions brand, said it entered into a restructuring support […]

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