Ditech Holding Overview
- Year Founded
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1958
- Status
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Private
- Employees
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2,900
- Latest Deal Type
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Bankr. Admin/Reorg
- Financing Rounds
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10
- Investments
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9
Ditech Holding General Information
Description
Ditech Holding Corp is a diversified mortgage banking firm. It serves a wide array of loans across the credit spectrum for its own portfolio and for GSEs, government agencies, third-party securitization trusts and other credit owners. The company's segment includes Servicing and Originations. Servicing segment performs servicing for its own mortgage loan portfolio. It also operates complementary businesses including asset receivables management that performs collections of post-charge-off deficiency balances for third parties, and Originations segment originates and purchases mortgage loans. The company generates a majority of its revenue from the Servicing Segment.
Contact Information
Website
www.ditechholding.comCorporate Office
- 1100 Virginia Drive
- Suite 100
- Fort Washington, PA 19034
- United States
Corporate Office
- 1100 Virginia Drive
- Suite 100
- Fort Washington, PA 19034
- United States
Ditech Holding Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Ditech Holding Comparisons
Industry
Financing
Details
Ditech Holding Competitors (4)
One of Ditech Holding’s 4 competitors is Private National Mortgage Acceptance, a Formerly PE-Backed company based in Westlake Village, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Private National Mortgage Acceptance | Formerly PE-Backed | Westlake Village, CA | ||||
| LendingTree | Formerly VC-backed | Charlotte, NC | ||||
| NewRez | Private Equity-Backed | Fort Washington, PA | ||||
| Onity Group | Corporate Backed or Acquired | West Palm Beach, FL |
Ditech Holding Signals
Ditech Holding Investments & Acquisitions (9)
Ditech Holding’s most recent deal was a Merger/Acquisition with Residential Credit Solutions. The deal was made on 29-Jan-2016.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Residential Credit Solutions | 29-Jan-2016 | Merger/Acquisition | Other Financial Services | ||
| Ally Financial (Business Lending Mortgage Operations) | 28-Feb-2013 | Merger/Acquisition | Thrifts and Mortgage Finance | ||
| Fannie Mae (mortgage servicing rights) | 31-Jan-2013 | Corporate Asset Purchase | Buildings and Property | ||
| MetLife Bank (Residential Mortgage Servicing Platform) | 07-Jan-2013 | Merger/Acquisition | Thrifts and Mortgage Finance | ||
| Mutual of Omaha Mortgage | 02-Jan-2013 | Merger/Acquisition | Consumer Finance |
Ditech Holding Exits (2)
Ditech Holding’s most recent exit was on 01-Nov-2012 from Reverse Mortgage Solutions. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Reverse Mortgage Solutions | 01-Nov-2012 | Completed |
|
||
| Marix Servicing | 01-Nov-2010 | Merger/Acquisition | Completed |
Ditech Holding Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Walter Reverse Acquisition | Tampa, FL | 2016 | |
| Mutual of Omaha Mortgage | San Diego, CA | 2006 |
Ditech Holding FAQs
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When was Ditech Holding founded?
Ditech Holding was founded in 1958.
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Where is Ditech Holding headquartered?
Ditech Holding is headquartered in Fort Washington, PA.
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What is the size of Ditech Holding?
Ditech Holding has 2,900 total employees.
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What industry is Ditech Holding in?
Ditech Holding’s primary industry is Thrifts and Mortgage Finance.
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Is Ditech Holding a private or public company?
Ditech Holding is a Private company.
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What is Ditech Holding’s current revenue?
The current revenue for Ditech Holding is .
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How much funding has Ditech Holding raised over time?
Ditech Holding has raised $4.91B.
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Who are Ditech Holding’s competitors?
Private National Mortgage Acceptance, LendingTree, NewRez, and Onity Group are competitors of Ditech Holding.
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