Who took over my Ditech Mortgage?
Purchase by Walter Investment In March 2013, Ditech was acquired by Walter Investment Management Co. from Ally Financial, the former GMAC ResCap. Following the acquisition, Ditech used the name of Walter’s Green Tree Servicing subsidiary to originate loans for regulatory and licensing reasons.
Who bought Ditech assets?
New Residential Investment Corp.
New Residential Investment Corp. Completes Acquisition of Select Assets from Ditech Holding Corporation.
Is ditech now NewRez?
New Residential Investment Corp. Receives Court Approval to Buy Select Assets from Ditech Holding Corporation. NEW YORK–(BUSINESS WIRE)– New Residential Investment Corp.
When did ditech take over Greentree?
August 31, 2015
On August 31, 2015, Green Tree Servicing became ditech, a Walter company. To learn more about this transition from Green Tree to ditech, please visit www.ditech.com.
When did Ditech take over Greentree?
Who owns New Residential mortgage LLC?
New Residential Inv
New Residential Mortgage LLC/Parent organizations
When did ditech Mortgage merge with Green Tree Servicing?
Then in August 2015, Green Tree Servicing and Ditech Mortgage Corp. merged to form Ditech Financial LLC, a Walter company. Update:There is somehow more to the story. In February 2018, Walter Investment Management Corp. completed a financial restructuring plan and emerged from Chapter 11 bankruptcy under the name Ditech Holding Corporation.
When did ditech Mortgage come out of bankruptcy?
In February 2018, Walter Investment Management Corp. completed a financial restructuring plan and emerged from Chapter 11 bankruptcy under the name Ditech Holding Corporation. The even have a new stock symbol, DHCP, if you’re interested in more than just mortgage loans.
Why does ditech Mortgage have a lowercase name?
Yep, they’re back, just in time to take part in the weakest origination year since 2000. For the record, their name was formed by combining “Direct” and “Technology,” and it’s lowercase because they are smaller than their uppercase Customers. That should have you smiling right about now.
What kind of loans can you get with ditech?
Ditech became famous in US during a set of commercials with competitor banker exclaiming : “Another one went to DITECH!!!” This direct to consumer lender has a suit of branded Ditech financial products including Sleep EZ Loan with a fixed rate and Real Life Plan with combination of loans. Companies are selected automatically by the algorithm.