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Walter Investment Management Corp. is an asset manager, mortgage portfolio owner and mortgage servicer that specializes in sub prime, non-conforming and other credit-challenged residential loans primarily in the southeastern United States. The company also operates valuation services and insurance services businesses along with an internally managed, publicly traded real estate investment trust (REIT). Walter Investment Management Corp. operates with three primary subsidiaries; Walter Mortgage Company, Hanover Capital and Best Insurors. Its subsidiary Walter Mortgage Company (WMC) is a residential mortgage servicing company, which is a rated residential primary servicer for sub-prime products by FitchRatings and accredited by Standard & Poor s Select list. The company holds licenses as a residential mortgage lender and/or servicer in over 30 states across the United States.