WAC
Ditech Holding Corporation
A mortgage lender and loan servicer, Ditech originated home loans, managed mortgage portfolios for other owners, and handled reverse mortgages. It was founded in 1995 by John Paul Reddam in Costa Mesa, California, and the name comes from "direct technology," reflecting its phone-and-online lending model. After Walter Investment Management absorbed it, the company adopted the Ditech name. It is fondly remembered for a long-running TV ad campaign in which a frustrated banker laments, "Lost another loan to Ditech!"
CUSIP: 93317W102FinancialsUS1 holder
Total Value
$31.06M
Total Shares
1.92M
Net Share Change
+117.6K
Activity
1 buying
Investor
Value
Shares
Weight
Change
