Ditech Financial, the nation’s 12th largest servicer of home mortgages, is officially on the auction block and it comes at a time when several nonbanks are heading for the exit ramp. Now, the big question: Can Ditech be sold in a stock transaction or will it be an asset sale?
In July 2017, the vendor named Rob Clements chairman and CEO and John Surface president and chief operating officer. Both came over from EverBank Financial…
The nation’s 12th largest servicer of residential loans said other options include a “business combination” or maintaining its status as a standalone entity.