Walter Investment (WAC) gets funding for its purchase of $93B in MSRs from Bank of America,...

|About: Walter Investment Manage... (WAC)|By:, SA News Editor

Walter Investment (WAC) gets funding for its purchase of $93B in MSRs from Bank of America, announcing an increase of $475M in its credit facility (purchase price is $519). The stock has come of a bit, but retains most of its big gains following the acquisition announcement