Walter Investment Management Corp. Announces CEO Transition Plan
Mr. Renzi said, "I am proud of all that we have accomplished to transform Walter by focusing on our core business, reducing costs and undertaking a financial restructuring process that will enable the Company to focus its resources on strengthening the areas that are critical to its success. I am confident that our next CEO and the rest of the Company's outstanding employees will continue to build on the important progress we have made and will advance our mission of caring for our customers throughout the homeownership journey. I look forward to continuing to work with my colleagues to ensure a seamless transition."
As previously announced on
About Walter Investment Management Corp.
Walter Investment Management Corp. is an independent servicer and originator of mortgage loans and servicer of reverse mortgage loans. Based in Fort Washington,
Cautionary Statements Regarding Forward-Looking Information
Certain statements in this press release constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act, as amended. Statements that are not historical fact are forward-looking statements. Certain of these forward-looking statements can be identified by the use of words such as "believes," "anticipates," "expects," "intends," "plans," "projects," "estimates," "assumes," "may," "should," "could," "would," "shall," "will," "seeks," "targets," "future," or other similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors, and our actual results, performance or achievements could differ materially from results, performance or achievements expressed in these forward-looking statements. Such statements include, but are not limited to, statements relating to the effective date of the prepackaged plan and the Company's CEO search process.
These forward-looking statements are based on the Company's current beliefs, intentions and expectations and are not guarantees or indicative of future performance, nor should any conclusions be drawn or assumptions be made as to any potential outcome of any proposed transactions or senior executive changes the Company announces, considers or seeks to implement. Important assumptions and other important factors that could cause actual results to differ materially from those forward-looking statements include, but are not limited to, those factors, risks and uncertainties described in more detail under the heading "Risk Factors" and elsewhere in the Company's annual and quarterly reports, including amendments thereto, and other filings with the
SVP & Chief Accounting Officer