Founded in 1958, Walter Investment Management Corp. was a significant player in the U.S. mortgage industry. The company's core business involved the servicing of residential mortgage loans, including subprime and reverse mortgages, and the origination of new loans through its various subsidiaries, most notably Ditech Financial and Green Tree Servicing. The company grew substantially through acquisitions, managing a large portfolio of mortgage servicing rights (MSRs). However, it faced significant financial and regulatory challenges, leading to a Chapter 11 bankruptcy filing in late 2017. It emerged from bankruptcy in 2018 and rebranded as Ditech Holding Corporation, but continued to struggle and filed for a second bankruptcy in 2019, which ultimately resulted in the liquidation of its assets.

Founded in

United States