Ditech Alert: Ditech Files For Chapter 11 Bankruptcy For The 2nd Time In 14 Months. Is This The End Of Ditech? It appears the financial troubles for Ditech Holdings is are getting worse. A Ditech Alert has been issued by the company. The company has filed for Chapter 11 Bankruptcy for the second time in […]
Ditech Holding Corporation Continues To Dodge Creditors After Emerging Bankruptcy And Sacking COO Ditech Holding Corporation is in trouble again. The company formerly known as Walter Investment Management emerged from Chapter 11 bankruptcy last year. The company restructured and eliminated $800 million in corporate debt. It also changed its name to Ditech Holding. Ditech Holding Corporation has also had a revolving door in […]
Ditech Holdings Booted From NYSE As Financial Troubles Persist At the Once Bankrupt Mortgage Servicer Things aren’t going well at Ditech Holdings. The New York Stock Exchange has booted the mortgage servicer formerly known as Walter Investment Management. Ditech Holdings emerged from Chapter 11 bankruptcy in February after eliminated $800 million in corporate debt. The company also officially changed its name to […]
Florida Court Says Lenders Must Prove Homeowners Received Mortgage Acceleration Letters Prior To Foreclosure The 2nd Florida DCA ruled that mortgage servicers must prove they mailed mortgage acceleration letters to a homeowner before initiating a foreclosure. The appellate court ruled in favor of homeowner Steven E. Soule. Soule appealed the final judgment of foreclosure entered […]
Mortgage Servicing Fraud: Lender Document Experts Are Clueless About The Loans They Are Testifying About Judges in Florida are beginning to take a hard look at mortgage servicing fraud. Judges have the time to spend on a case now that foreclosures have subsided in Florida. This became evident in a case playing out in Miami […]
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