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Walter Investment (WAC) expects to earn $55M-$60M in EBITDA this year from the $93B UPB...
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Tuesday, January 8, 7:21 AM ETWalter Investment (WAC) expects to earn $55M-$60M in EBITDA this year from the $93B UPB portfolio it purchased from Bank of America yesterday. The company had $60.3M in EBITDA in its most recent quarter. The company continues to look for acquisitions, EVP Denmar Dixon tells conference-call listeners, and the pipeline for deals remains "robust."
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