Walter Mortgage Servicing (WMS) is a member of the Walter Industries (NYSE:WLT) family of companies. WMS' headquarters is located in Tampa, FL with divisional offices located in Atlanta GA, Birmingham AL, Charlotte NC, Ft. Worth TX, and Houston TX.
WMS began servicing residential debts in 1958 for homes originated and built by Jim Walter Homes, Inc. Since 1958, the WMS organization has serviced over $5 billion of mortgage backed securities.
WMS presently sub-services a 41,000 unit securitized sub-prime mortgage portfolio of single family residential loans.
WMS provides third party field contact services to assist lenders with default management, loss mitigation, and asset evaluations.
WMS's field service success rates routinely average in the 70+ percentile.
With a stable staff of over 100 full time field servicing employees, WMS prides itself on being one of the most experienced field oriented mortgage servicing companies in operation today.
WMS employees are accountable to a highly developed management infrastructure within a publicly traded company and operate with a high level of integrity.
