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Ditech is well known for television commercials that aired during the 2000s. They featured a nefarious loan officer, played by actor Ron Michaelson, repeating the catchphrase "Lost another loan to Ditech" written by writer, producer and director Ken Roberts, who created the Ditech television and radio commercials from 1995 to 2007.
Reddam resigned from Ditech in May 2000 after three of his top managers were indicted for extortion. [10] Gregory Kenneth DeLong, Vincent Pozzuoli and Jay David Marx were arrested for allegedly soliciting kickbacks from a Pittsburgh company that provided services for Ditech.
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
The SR50 DITECH uses the Synerject gasoline direct injection (GDI) system developed jointly by the Orbital Corporation and Siemens AG. The system uses a crank-driven air compressor to deliver air to the cylinder head at a pressure of 5 bars (500 kPa; 73 psi), thereby avoiding the use of carburation; the cylinder walls are not wet with gasoline, only with lubricating oil.
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 ...
Ultimately, the company sold to Ditech Communications (now itself acquired by Nuance Communications), a US public company based in Silicon Valley in mid-2005 in a deal valued at $24.55M. The acquisition brought benefit to Jasomi's investors and employees, and gave Ditech a credible toehold in the VoIP marketplace. Jasomi's then-CEO, Todd ...
The car received sponsorship from GMAC company Ditech.com, and Busch scored three top tens including two-second-place finishes. [45] [46] For 2004, the alliance with NEMCO continued. Development drivers Blake Feese and Boston Reid ran 3 races each in the No. 87 ditech.com Chevy, [47] with a best finish of 26th by Reid at Atlanta Motor Speedway.
In 2000, Aprilia launched the 50 cc DiTech (Direct Injection Technology) two stroke engine for scooters which provides high mileage and low emissions, and also the RST Futura, a sport tourer, and the ETV 1000 Caponord; an adventure touring motorcycle. Both of these latter two motorcycles used a variation of the Rotax 1000 cc V-Twin.