Ditech Holding Corporation
A U.S. mortgage lender and loan servicer that helps people finance and manage home loans, serving consumers through its Ditech brand. It was founded in 1995 by John Paul Reddam in Costa Mesa, California, under the name Ditech Funding Corporation, and its name comes from the phrase "direct technology," reflecting an early focus on using technology to streamline lending. After the parent Walter Investment Management emerged from bankruptcy in 2018, it renamed itself Ditech Holding Corporation to match its well-known mortgage arm.
Series B Warrants to Purchase Common Stock (Expiring February 9, 2028) — Delisted from NYSE November 2018; filed bankruptcy February 2019; assets sold to New Residential and Waterfall Asset Management; warrants worthless
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