8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 3, 2010

Walter Investment Management Corp.
(Exact name of registrant as specified in its charter)

Maryland	001-13417	13-3950486
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3000 Bayport Drive, Suite 1100 Tampa, Florida	33607
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (813) 421-7605

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02(d) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     The Board of Directors of Walter Investment Management Corp. (the “Company”) elected Steven Berrard to fill an existing vacancy on the Company’s Board of Directors effective March 3, 2010. Mr. Berrard was selected to be a member of the Company’s Compensation and Human Resources Committee and is expected to be named to the Company’s Audit Committee. Pursuant to the Company’s 2009 Long Term Incentive Plan, as an independent director, Mr. Berrard is entitled to receive an annual award of $20,000 in value of the Company’s stock options. In addition, he will be entitled to receive a compensation package of approximately $115,000 per year (inclusive of the aforementioned stock option award) which is consistent with that awarded to other independent directors and which will be comprised of cash and equity as recommended by the Company’s Compensation and Human Resources Committee and approved by the Board of Directors.

A copy of the press release announcing Mr. Berrard’s selection is attached hereto as Exhibit 99.1.

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Item 9.01 Exhibits

(d) Exhibits

Exhibit
No.	Note			Description
10.1		(1	)	The 2009 Long Term Incentive Award Plan of Walter Investment Management Corp.
99.1		(2	)	Press Release

Notes:

(1) Incorporated by reference to the Exhibits to the Registrant’s Registration Statement on form S-8, Registration No. 333-160743, as filed with the Securities and Exchange Commission on July 22, 2009.

(2) Attached hereto.

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          SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

WALTER INVESTMENT MANAGEMENT CORP.
Date: March 9, 2010	By:	/s/ Stuart Boyd
		Stuart Boyd, Vice President,
		General Counsel and Secretary

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EX-99.1

Exhibit 99.1

[NOT] FOR IMMEDIATE RELEASE	Investor and Media Contact: Whitney Finch
March 3, 2010	Director of Investor Relations
	813.421.7694
	wfinch@walterinvestment.com

WALTER INVESTMENT MANAGEMENT CORP. ANNOUNCES APPOINTMENT OF
STEVEN R. BERRARD TO THE COMPANY’S BOARD OF DIRECTORS

(Tampa, Fla.) — Walter Investment Management Corp. (NYSE Amex: WAC) (“Walter Investment” or the “Company”) today announced that Steven R. Berrard has been appointed to fill an existing vacancy on the Company’s Board of Directors. Mr. Berrard will serve on the compensation and audit committees, and will stand for election at the Company’s Annual Meeting of Shareholders on April 30, 2010.

Mr. Berrard is the Co-Founder and Managing Partner of New River Capital Partners, a private equity fund and serves as Chief Executive Officer of Swisher International, an industry leader in hygiene solutions and products. Mr. Berrard is also the Chairman of the Board of Jamba, Inc. He helped co-found and worked until 1999 as Co-Chief Executive Officer of AutoNation, Inc. He also served as Vice Chairman of Blockbuster Entertainment Corporation prior to its acquisition by Viacom in 1994. Mr. Berrard has held various finance positions in his career, including Chief Financial Officer of Blockbuster. Mr. Berrard previously served on the Board of Directors of Birmingham Steel, the Board of HealthSouth Corp., and the Board of Boca Resorts. In 2001, Mr. Berrard was appointed to a two year term on the Board of the North Broward Hospital District.

“I would like to thank Steve for making this commitment to our company and welcome him to our board of directors,” said Mark J. O’Brien, Walter Investment’s Chairman and CEO, “I believe his deep experience in finance and building entrepreneurial businesses will be a tremendous asset to our Company as we continue to refine our growth strategy.”

About Walter Investment Management Corp.

Walter Investment Management Corp. is an asset manager, mortgage servicer and mortgage portfolio owner specializing in subprime, non-conforming and other credit-challenged mortgage assets. Based in Tampa, Fla., the Company currently has $1.9 billion of assets under management and annual revenues of approximately $190 million. The Company is structured as a real estate investment trust (“REIT”) and employs approximately 215 people. For more information about Walter Investment Management Corp., please visit the Company’s website at www.walterinvestment.com.