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!"

No Schedule 13D or 13G filings recorded.