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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. [1]
In 1995, he established a mortgage lending company, Ditech, and sold the business to General Motors in 1999. [1] The New York [4] reported that Governor of California Jerry Brown characterized Reddam's company's debt collection methods as loan sharking. He now owns CashCall, Inc., another firm specializing in small loans at very high interest ...
Moody's Investors Service ("Moody's") has withdrawn the SQ3 servicer quality ("SQ") assessments for Ditech Financial LLC ("Ditech") as a primary servicer of prime residential mortgage loans ...
In February 2019, Ditech filed for bankruptcy and in October sold its forward mortgage business to New Residential for $1.2 billion. [8] In April 2021, Newrez a mortgage lending and servicing unit under New Residential agreed to acquire Caliber Home Loans from Lone Star Funds in a $1.675 billion deal. In February 2022, Newrez laid off 386 ...
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He is known for appearing in commercials for Ditech.com, where he plays a character known as "Ned the Banker." The commercials intend to show that Ned is unable to close a mortgage deal, even with his own mother, because of Ditech's highly competitive rates and services. Most commercials end with the punch line, "I
CNO Financial Group, Inc. (formerly Conseco, Inc. (from Consolidated National Security Corporation)) is an American financial services holding company based in Carmel, Indiana. [4]
Ally Financial Inc. (known as GMAC until 2010) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.