INVESTOR ALERT: Glancy Binkow & Goldberg LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit Against Walter Investment Management Corp.

Glancy Binkow & Goldberg LLP reminds investors of Walter Investment Management Corp. (“Walter Investment” or the “Company”) (NYSE:WAC) that all purchasers of Walter Investment securities between May 9, 2012 and February 26, 2014, inclusive (the “Class Period”), have until May 6, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit.

Walter Investment, together with its subsidiaries, provides business services to the residential mortgage industry in the United States. The Complaint alleges that during the Class Period the Company misrepresented or failed to disclose material facts concerning Walter Investment Management’s operations and financial prospects. Specifically, defendants misrepresented or failed to disclose that:

• The Company lacked adequate or effective internal controls over financial accounting and compliance with applicable laws.
• The Company had overstated the value of its acquisition of Reverse Mortgage Solutions, Inc., and failed to disclose material weaknesses in the internal controls of Reverse Mortgage Solutions.
• The Company’s business practices violated consumer financial protection laws and jeopardized the Company’s revenues and profits.
• The Company’s financial statements contained false and misleading statements.

If you are a member of the Class described above, you may move the Court no later than May 6, 2014, to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

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