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Following the acquisition, Ditech used the name of Walter's Green Tree Servicing subsidiary to originate loans for regulatory and licensing reasons. [2] DT Holdings, Ditech's parent company, is a subsidiary of Walter Investment Management. [14] In March 2014, the company resumed originating loans using the Ditech name. [2]
Onity Group, formerly Ocwen, is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as " debt collectors, collecting monthly principal and interest from homeowners". Ocwen was founded in 1988 and is headquartered in West Palm Beach, Florida, with additional ...
Walter Scott was born in Glasgow, in May 1947. He attended Eastwood High School and then went to Edinburgh University, where he gained a first-class honours degree in natural philosophy (physics) in 1969. He went on to obtain a Ph.D. at Trinity Hall, Cambridge in 1972, researching theoretical particle physics at the Cavendish Laboratory.
Nuance has agreed to acquire Ditech Networks for $1.45 per share in cash, representing a total enterprise value of approximately $22.5 million, net of Ditech Networks' cash as of the signing date.
Nuance Closes Ditech Networks Acquisition BURLINGTON, Mass.--(BUSINESS WIRE)-- Nuance Communications, Inc. (NAS: NUAN) announced it has closed its acquisition of Ditech Networks, Inc. (NAS: DITC ...
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