Tagged WAC


Walter Could Still be Ocwen Déjà Vu

(Update 4/13/17: My timing was atrocious on making this call just days before Q4 results.  The stock got decimated in reaction to company disclosure that it had hired Houlihan and Weil, Gotshal for a debt restructuring.  I believe that investors expect this to mean a bankruptcy filing or a highly dilutive out-of-court debt exchange.  In…