October 20, 2017 11:01 AM ET

Thrifts and Mortgage Finance

Company Overview of Ditech Financial LLC

Company Overview

Ditech Financial LLC, a mortgage company, lends and services residential mortgages. It offers a range of purchase loan options, including fixed rate, adjustable rate, jumbo, FHA, and VA loans. The company also partners with financial institutions nationwide providing capital market expertise. It offers residential mortgage products through a team of home loan specialists. Ditech Financial LLC was formerly known as Green Tree Servicing LLC and changed its name to Ditech Financial LLC in August 2015. The company was founded in 1975 and is based in Fort Washington, Pennsylvania with locations across the United States. Ditech Financial LLC operates as a subsidiary of Walter Investment Management...

1100 Virginia Drive

Suite 100A

Fort Washington, PA 19034

United States

Founded in 1975

Phone:

267-419-4770

Fax:

267-419-4298

Key Executives for Ditech Financial LLC

President of Green Tree
Executive Vice President
Executive Vice President
Executive Vice President and Director
Age: 68
Head of Consumer Lending
Compensation as of Fiscal Year 2017.

Ditech Financial LLC Key Developments

Ditech to Lay Off 117 Employees in Downtown St. Paul, in September 2017

Ditech Financial is in the middle of a series of layoffs that will reduce its St. Paul workforce by 117 employees. Ditech notified the Minnesota Department of Employment and Economic Development about the layoffs. The first round happened June 6, another is planned for Sept. 8 and smaller layoffs will continue through 2019.

Ditech Financial LLC Appoints Timothy J. Cranny as Senior Vice President of Performing Loan Servicing, Expects to Join on October 24, 2016

Ditech Financial LLC announced the appointment of Timothy J. Cranny as Senior Vice President of Performing Loan Servicing. Mr. Cranny are expected to join the company on October 24, 2016, will report to Walter's Chief Executive Officer and President, Anthony N. Renzi. Mr. Cranny joins Walter with over 25 years of experience in all aspects of financial services operations, including serving as a Managing Director at CitiMortgage where he was responsible for Performing Loan Servicing, including all performing loan customer contact centers, loan administration, investor reporting, cashiering operations, escrow administration, special loan servicing, MERs and custodial operations. Most recently, Mr. Cranny served as Managing Director for Citigroup's Branded Cards business where he was responsible for customer contact operations and domestic and partner management programs.

Ditech Financial LLC Announces Resignation of David C. Schneider as President

Effective October 12, 2016, David C. Schneider, President of Ditech Financial LLC left the Company. Mr. Schneider's departure is related to a broader plan to realign the Company's management structure.

Similar Private Companies By Industry

Company Name Region
120dB Films, Inc. United States
1st 2nd Mortgage Co.of N.J., Inc. United States
1st Georgia Home Mortgage, LLC United States
1st Integrity Mortgage, Inc. United States
1st Palm Financial Services, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Ditech Financial LLC, please visit www.ditech.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.