Who took over ditech Mortgage?
New Residential Investment Corp.
In February 2019, Ditech filed for bankruptcy for the second time in as many years. Later that year, the company’s forward mortgage servicing and originations business Ditech Finance LLC was acquired by New Residential Investment Corp.
Who bought ditech assets?
Completes Acquisition of Select Assets from Ditech Holding Corporation.
Is Green Tree and ditech the same company?
About us. 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 Greentree become ditech?
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.
Who owns Ditech Financial LLC?
Ditech Holding CorporationDitech / Parent organization
Who did ditech sell?
New Residential Investment
The sell-off of Ditech Holding’s two main subsidiaries is now complete. Just one day after selling Reverse Mortgage Solutions to Mortgage Assets Management, the nonbank formerly known as Walter Investment Management sold off its forward mortgage business Ditech Financial to New Residential Investment for $1.2 billion.
Is Greentree still in business?
By the end of August, Green Tree will be no more. But the company is not closing. In fact, Green Tree’s parent company, Walter Investment Management Corp. (WAC), is merging Green Tree with another of Walter Investment’s well-known subsidiaries, Ditech Mortgage Corp, to form a new company, ditech, a Walter company.
Who purchased Greentree?
Conseco Inc.
Conseco Inc., a major provider of life and health insurance, agreed to acquire Green Tree Financial Corp., a subprime-market lender best known for financing mobile-home purchases, in a stock swap valued at $45.02 a share, or about $6.44 billion.
Are ditech and Greentree the same?
Does Ditech offer home equity loans?
The main reason to take out a home equity loan is that it offers a Www Ditech Com Mortgage cheaper way of borrowing cash than unsecured personal loans. By using your property as collateral, lenders are willing to take on more risk than if they were only assessing you by your credit score, which means larger loans and better interest rates.
Who bought Ditech mortgages?
– The name, address and telephone number of the loan’s new owner – The date the new owner takes possession of the loan – The person who receives legal notices and can resolve issues about loan payments – Where the transfer of ownership is recorded.
Who took over Ditech mortgages?
Under the terms of the APA, New Residential will purchase Ditech’s forward Fannie Mae, Ginnie Mae and non-agency mortgage servicing rights (“MSRs”), the servicer advance receivables relating to such MSRs and other net assets core to the forward origination and servicing businesses.
How to contact ditech Mortgage?
Contact Information. Ditech Mortgage Corp. 1100 Virginia Drive, Suite 100. Ft. Washington, PA 19034. 1-800-700-9212. Official website at. CHECK OUR LENDERS RATES.
