Does ditech offer home equity loans? Ditech. The principal benefit is that there is no negative amortization. Home equity: Ditech offers home equity loans for the purposes of home improvements, debt consolidation, or tuition. The Home Equity Line of Credit or HELOC proves to be a valuable tool with regards to a home improvement project.Who bought ditech mortgage payment? As previously announced, New Residential will purchase Ditech’s forward Fannie Mae, Ginnie Mae and non-agency mortgage servicing rights (“MSRs”), with an aggregate unpaid principal balance of approximately $62 billion as of August 31, 2019, the servicer advance receivables relating to such MSRs and other assets core to the forward origination and servicing businesses.Who owns ditech financial llc? Ditech Financial LLC, is a mortgage lending and servicing company, founded in 1995 by Canadian J. Paul Reddam.
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Ditech Financial, LLC, Reverse Mortgage Solutions (RMS), and other related businesses filed for bankruptcy on February 11, 2019. Ditech Financial, LLC, is going out of business. Its assets were sold to New Residential Investment Management LLC. RMS was reorganized and now operates under new owners. More information about the Ditech/RMS Chapter