Ditech Customers Win Protections in Ditech bankruptcy As Ditech Promises To Fight Back Ditech customers won a major victory in the long and winding saga of Ditech’s bankruptcy. The bankruptcy Trustee granted a request to create a committee to protect consumer interests in the proceedings. The Trustee’s decision riled Ditech’s attorneys. As a result, they […]
Reverse Mortgage Solutions Fraud Victims Want Protections In Ditech Bankruptcy Victims of a Reverse Mortgage Solutions fraud scheme want their money and they want their voices heard. They are concerned that the bankruptcy of RMS’s parent company Ditech will nullify their settlement agreement. The case involved 125 African American families and about six different HECM […]
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 […]
Reverse Mortgage Servicing Companies Are Pulling A New Scam! What You Need To Know! It seems like Reverse Mortgage servicing companies are pulling a fast one on unsuspecting seniors with reverse mortgages. They are showing no shame in doing it either. Reverse mortgages are great because they give seniors who are house rich and cash poor […]
Reverse Mortgage Spouses Now Have Same Rights As Borrower Reverse Mortgage Spouses now have the same survivor rights as borrowers who have conventional mortgages. A recent Florida Court of Appeals ruling says the definition of “borrower” in reverse mortgages includes surviving spouses. This was following recent changes made by HUD that expanded the rights of non-borrower […]
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