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In February 2019, Ditech filed for bankruptcy for the second time in as many years. [25] Later that year, the company's forward mortgage servicing and originations business Ditech Financial LLC was acquired by New Residential Investment Corp. and their reverse mortgage business, Reverse Mortgage Solutions Inc., was acquired by Mortgage Assets ...
Moody's Investors Service ("Moody's") has withdrawn the SQ3 servicer quality ("SQ") assessments for Ditech Financial LLC ("Ditech") as a primary servicer of prime residential mortgage loans ...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 .
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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...
Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. [1] MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and ...
Ditech Networks Sale Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Nuance Communications DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission ...