Walter Seeking Debt to Buy B of A MSRs

Walter Investment Management Corp. is looking for a $475 million incremental financing facility to pay the initial installments on the $93 billion Fannie Mae mortgage servicing rights portfolio it is buying from Bank of America.

Article source: http://www.nationalmortgagenews.com/dailybriefing/walter-seeking-debt-buy-msrs-1033920-1.html

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