Walter Capital Opportunity Corp. selling $10 billion MSR portfolio to New Residential

Last week, after Walter Investment Management Corp. reported its third straight quartely loss, CEO Anthony Renzi said he believes the company is on the right track in an effort to return to profitability. On Wednesday, the company announced a move that will indeed generate cash for the company, enough to nearly wipe out its entire third quarterly loss. http://www.housingwire.com/articles/38541-walter-capital-opportunity-corp-selling-10-billion-msr-portfolio-to-new-residential ❤️ #share #mortgage

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