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each of Lion Point Capital GP and Lion Point Capital and also as a Member and a Manager of each of Lion Point Capital GP and Lion Point Holdings GP. The principal occupation of Mr. Freeman
is serving as the Founding Partner and Head of Research of each of Lion Point Capital GP and Lion Point Capital and also as a Member and a Manager of each of Lion Point Capital GP and Lion Point Holdings GP.
(d) No Reporting Person has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors).
(e) No Reporting Person has, during the last five years, been party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) Mr. Cederholm is a citizen of each of Sweden and France.
Mr. Freeman is a citizen of the United States of America.
| Item 3. | Source and Amount of Funds or Other Consideration |
The Shares beneficially owned by each of the
Reporting Persons, including the Shares underlying the Mandatorily Convertible Preferred Stock (the Mandatorily Convertible Preferred Stock), the Series A Warrants (the Series A Warrants), and the Series B Warrants (the
Series B Warrants) owned by them, were acquired in connection with the Chapter 11 Plan, which became effective on February 9, 2018 (the Effective Date), pursuant to which (1) each share of common stock of WAC was
exchanged for the following new securities of the Issuer: (i) 0.05689208 Shares, (ii) 0.09692659 Series A Warrants and (iii) 0.07690920 Series B Warrants; (2) the 4.50% Convertible Senior Subordinated Notes due 2019 (the Convertible
Notes), issued pursuant to the certain Indenture dated as of January 13, 2012, among WAC, as issuer and Wells Fargo Bank, National Association, as trustee (as subsequently amended by the First Supplemental Indenture dated as of
October 23, 2012), were exchanged at a rate of (i) 8.76919841 Shares, (ii) 14.94011581 Series A Warrants and (iii) 11.85465711 Series B Warrants per $1,000 principal amount of Convertible Notes; and (3) the 7.875% Senior Notes due 2021
(the Senior Notes), issued pursuant to the certain Indenture dated as of December 17, 2013, among WAC, as issuer, the guarantors named therein and Wells Fargo Bank, National Association, as trustee, were exchanged at a rate of (i)
464.11293167 new second lien notes (the New Second Lien Notes) and (ii) 0.18564517 shares of Mandatorily Convertible Preferred Stock per $1,000 principal amount of Senior Notes.
The receipt of the Shares, Mandatorily Convertible Preferred Stock, New Second Lien Notes the Series A Warrants and the Series B Warrants was involuntary and
in accordance with the terms of the Chapter 11 Plan.
| Item 4. | Purpose of Transaction |
On November 30, 2017, Walter Investment Management Corp. (the
Company) filed a voluntary petition under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of New York (the Court) to pursue the Chapter 11 Plan. On
January 18, 2018, the Court entered an order confirming the Chapter 11 Plan.
