Who did Ditech financial sell to?
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.
Where is Ditech Financial located?
Fort Washington, PA
Company Description: Ditech Financial LLC is located in Fort Washington, PA, United States and is part of the Activities Related to Credit Intermediation Industry.
Is Ditech Financial LLC still in business?
Ditech Financial LLC (rebranded from “ditech Mortgage” and “Green Tree Servicing” in 2015) was a provider of home loan, loan servicing and refinance products to consumers and institutional partners in the U.S….Ditech.
|Headquarters||Fort Washington, Pennsylvania , U.S.|
|Area served||United States|
Did Ditech mortgage go out of business?
Did Ditech go out of business and what happened to my loan? Ditech wound down its operations and no longer services any loans. The company now servicing your loan and the address to which you should send payments have changed. Communications and payments for your loan should be sent to the new servicing company.
What is Ditech Financial phone number?
(800) 700-9212Ditech / Customer service
Who owns New Res?
Fortress Investment Group LLC
New Residential is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm, and headquartered in New York City.
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.
Who bought Green Tree Servicing LLC?
Walter Investment Management Corp.
Green Tree was acquired by Walter Investment Management Corp. in July 2011. A press release announcing the transaction describes Green Tree as providing “high-touch, third-party servicing of credit-sensitive consumer loans.”
Who owns New Residential mortgage LLC?
New Residential InvNew Residential Mortgage LLC / Parent organization
Who owns Green Tree Financial Corporation?
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 owns New Residential?
Who is ditech wind down estate?
The Wind Down Estate of Ditech is distributing funds from uncashed checks payable to borrowers with mortgage loans formerly serviced by Ditech. If you believe you have funds related to an uncashed check that may belong to you, please check our website at https://unclaimedproperty.ditech.com.
Is Ditech Financial going out of business?
Ditech Financial, LLC, Reverse Mortgage Solutions (RMS), and other related businesses filed for bankruptcy on February 11, 2019. Ditech Financial, LLC, is going out of business. Its assets were sold to New Residential Investment Management LLC.
How do I contact Ditech settlement?
Have A Question? Email us at: [email protected] or call us at 877-783-6297. We cannot give legal advice.
What is the Ditech and RMS settlement?
The Committee negotiated a settlement with the companies that sets aside money to pay allowed legal claims against Ditech and RMS. Under the settlement the Committee also appointed a Consumer Representative/Claims Trustee to review all the claims filed by consumer borrowers and to help consumer borrowers in fixing Ditech and RMS account mistakes.
What is the consumer claims trustee process for Ditech/RMS bankruptcy?
The Consumer Claims Trustee is in the process of reviewing all consumer borrower claims filed in the Ditech/RMS bankruptcy. The process is expected to carry into late 2021.