By: Benzinga
February 18, 2013 at 13:45 PM EST
Walter Investment Management to Acquire Correspondent Lending And Wholesale Broker Businesses From Ally Bank
Walter Investment Management Corp. (NYSE: WAC ) ("Walter Investment" or the "Company") today announced it has signed a definitive agreement to acquire the correspondent lending and wholesale broker businesses of Ally Bank. Upon the completion of the transaction, the Company anticipates it will employ approximately 300 of the correspondent
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