TCR_Public/180210.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, February 10, 2018, Vol. 22, No. 40

                            Headlines

WALTER INVESTMENT: Suffers $134.78 Million Net Loss in December

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WALTER INVESTMENT: Suffers $134.78 Million Net Loss in December
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Walter Investment Management Corp. filed with the U.S. Securities
and Exchange Commission its monthly operating report for December
2017.

The Debtor's statement of operations reflected a net loss of
$134.78 million for December.

As of December 31, 2017, the Debtor listed $1.61 billion in total
assets, $2.05 billion in total liabilities, and -$440.89 million in
total shareholders' equity.

At December 1, 2017, the Debtor had a $458,040 beginning cash
balance.  It listed total cash receipts of $5.56 million and total
cash disbursements of $5.51 million for the month.  The Debtor had
$506,046 ending cash balance at December 31.

A copy of the monthly operating report is available at the SEC at:

                    https://is.gd/3sHaNH

                   About Walter Investment

Based in Fort Washington, Pennsylvania and established in 1958,
Walter Investment Management Corp., formerly known as Walter
Investment Management LLC -- http://www.walterinvestment.com/-- is
a diversified mortgage banking firm focused primarily on servicing
and originating residential loans, including reverse loans.  The
company services a wide array of loans across the credit spectrum
for its own portfolio and for GSEs, government agencies,
third-party securitization trusts and other credit owners.  The
company originates and purchases residential loans that it
predominantly sells to GSEs and government entities.

Walter Investment commenced a prepackaged Chapter 11 case (Bankr.
S.D.N.Y. Lead Case No. 17-13446) with a plan of reorganization
where the Company commits to reduce its outstanding corporate debt
by approximately $806 million through a combination of cancellation
of debt ($531 million) and principal pay-downs ($275 million).

As of Sept. 30, 2017, the Debtor had total assets of $14.97 billion
and total debt of $15.21 billion.

The case is assigned to Hon. James L. Garrity Jr.

Weil, Gotshal & Manges LLP, is the Debtor's counsel, with the
engagement led by Sunny Singh, Esq., Ray C. Schrock, P.C., and
Joseph H. Smolinsky, Esq.  The Debtor's investment banker is
Houlihan Lokey Capital, Inc.  The Debtor's restructuring advisor is
Alvarez & Marsal North America, LLC.  The Debtor's claims and
noticing agent is Prime Clerk LLC.


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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2018.  All rights reserved.  ISSN: 1520-9474.

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