New Residential Investment Corp. Receives Court Approval to Buy Select Assets from Ditech Holding Corporation. NEW YORK–(BUSINESS WIRE)– New Residential Investment Corp.
Also question is, are Ditech and NewRez the same company?
The company is the parent company of several subsidiaries, including mortgage lender NewRez, Shellpoint Mortgage Servicing, title and settlement services provider Avenue 365, and eStreet, an appraisal management company.
Beside above, is Green Tree Financial still in business?
By the end of August, Green Tree will be no more. But the company is not closing. In fact, Green Tree’s parent company, Walter Investment Management Corp. (WAC), is merging Green Tree with another of Walter Investment’s well-known subsidiaries, Ditech Mortgage Corp, to form a new company, ditech, a Walter company.
Is NewRez the same as new residential mortgage?
New Residential is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm, and headquartered in New York City. NewRez is a leading nationwide mortgage lender and servicer. … Headquartered in Fort Washington, Pennsylvania, NewRez is a subsidiary of New Residential Investment Corp.
Did Ditech go out of business and what happened to my loan? Ditech wound down its operations and no longer services any loans. The company now servicing your loan and the address to which you should send payments have changed. … Communications and payments for your loan should be sent to the new servicing company.
The Ditech Wind Down Estates are distributing funds from uncashed checks payable to borrowers with mortgage loans formerly serviced by Ditech.
On August 31, 2015, Green Tree Servicing became ditech, a Walter company. To learn more about this transition from Green Tree to ditech, please visit www.ditech.com.
New Residential Investment Corp.
- New Residential Investment Corp. …
- New Residential to combine Newrez and Caliber platforms into premier financial services company. …
- Leadership. …