NEW YORK (

TheStreet

) --

Walter Investment Management

(AMEX:

WAC

) is trading at unusually high volume Monday with 601,810 shares changing hands. It is currently at 4.8 times its average daily volume and trading down $1.72 (-8.9%) at $17.56 as of 10:17 a.m. ET.

Walter Investment Management has a market cap of $495.1 million and is part of the

financial

sector and

financial services

industry. Shares are up 7.5% year to date as of the close of trading on Friday.

Walter Investment Management Corp., a real estate investment trust (REIT), operates as a mortgage portfolio owner and mortgage servicer, specializing in sub prime, non-conforming, and other credit challenged residential loans primarily in the southeastern United States. The company has a P/E ratio of 13.9, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 16.2.

TheStreet Ratings rates Walter Investment Management as sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and disappointing return on equity. You can view the full

Walter Investment Management Ratings Report

.

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