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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]
Moody's Investors Service ("Moody's") has withdrawn the SQ3 servicer quality ("SQ") assessments for Ditech Financial LLC ("Ditech") as a primary servicer of prime residential mortgage loans ...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 ...
CNO Financial Group, Inc. (formerly Conseco, Inc. (from Consolidated National Security Corporation)) is an American financial services holding company based in Carmel, Indiana. [4] Its insurance subsidiaries provide life insurance , annuity and supplemental health insurance products to more than four million customers in the United States .
Ditech Holding Corporation (NYSE:DHCP), a US$28.00M small-cap, is a financial services company operating in an industry, whose growth is generally driven by economic condition, determining the ...
2021 was quite the year for Disney. Like most businesses, the massive entertainment company, which includes movies, TV, streaming, theme parks, cruises, and more, was impacted tremendously by the...
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 ...
IndyMac Bank was founded as Countrywide Mortgage Investment in 1985 by David S. Loeb and Angelo Mozilo [6] [7] as a means of collateralizing Countrywide Financial loans too big to be sold to Freddie Mac and Fannie Mae. In 1997, Countrywide spun off IndyMac as an independent company run by Mike Perry, who remained its CEO until the downfall of ...