OverviewSuggest Edit

Ditech Holding Corporation is a diversified mortgage banking firm focused primarily on servicing and originating residential loans, including reverse loans. The Company services and originates mortgage loans; and services reverse mortgage loans. It serves GSEs, government agencies, third-party securitization trusts, and other credit owners.

TypePublic
Founded1958
HQFort Washington, US
Websitewalterinvestment.com

Latest Updates

Employees (est.) (Sept 2017)4,900
Revenue (FY, 2017)$831.3 M(-16%)
Share Price (Jun 2018)$0.6 (+43%)

Key People/Management at Ditech

Jeff Baker

Jeff Baker

Interim Chief Executive Officer and President

Ditech Office Locations

Ditech has an office in Fort Washington
Fort Washington, US (HQ)
1100 Virginia Dr #100
Show all (1)

Ditech Financials and Metrics

Ditech Revenue

Ditech's revenue was reported to be $831.26 m in FY, 2017
USD

Revenue (Q3, 2018)

204.7m

Net income (Q3, 2018)

(36.6m)

Market capitalization (1-Jun-2018)

22.4m

Closing stock price (1-Jun-2018)

0.6

Cash (31-Dec-2018)

187.7m

EV

967.9m
Ditech's current market capitalization is $22.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

402.5m667.0m1.8b1.5b1.3b995.7m831.3m

Cost of goods sold

2.2m

Gross profit

664.8m

Gross profit Margin, %

100%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Revenue

6.0m151.1m165.8m164.1m160.8m291.8m569.2m489.2m369.9m413.7m386.0m310.9m412.4m219.4m66.8m187.5m297.3m245.3m208.8m176.6m198.5m204.7m

Cost of goods sold

2.1m

Gross profit

4.0m

Gross profit Margin, %

66%
USDY, 2018

Debt/Equity

-62.5 x

Debt/Assets

0.1 x

Financial Leverage

-622.7 x
Show all financial metrics

Ditech Acquisitions / Subsidiaries

Company NameDateDeal Size
Ditech Financial LLCMarch 01, 2013
Reverse Mortgage SolutionsNovember 01, 2012

Ditech Online and Social Media Presence

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Ditech News and Updates

Ditech Holding Corporation Completes the Sale of Substantially All of the Forward Assets of Ditech Financial LLC to New Residential Investment Corp.

FORT WASHINGTON, Pa., Oct. 2, 2019 /PRNewswire/ -- Ditech Holding Corporation ("Ditech Holding" or, together with its subsidiaries, the "Company") (OTC Pink: DHCPQ) today announced that New Residential Investment Corp. ("New Residential") has completed the acquisition of substantially all...

Ditech Holding Corporation Completes the Sale of Stock and Assets of Reverse Mortgage Solutions, Inc. to Mortgage Assets Management

FORT WASHINGTON, Pa., Sept. 30, 2019 /PRNewswire/ -- Ditech Holding Corporation ("Ditech Holding" or, together with its subsidiaries, the "Company") (OTC Pink: DHCPQ) today announced that Mortgage Assets Management, LLC and certain of its affiliates (collectively, "Mortgage Assets") have...

Ditech Sale Blocked by Homeowner Claims of Botched Mortgages

Ditech Sale Blocked by Homeowner Claims of Mishandled Mortgages

Bank of America Emerges as Defender of Elderly Borrowers in Ditech Sale

Bank of America Emerges as Defender of Elderly Borrowers in Ditech Sale

Ditech Holding Corporation Signs Purchase Agreements with New Residential Investment Corp. and Mortgage Assets Management, LLC

FORT WASHINGTON, Pa., June 18, 2019 /PRNewswire/ -- Ditech Holding Corporation ("Ditech Holding" or, together with its subsidiaries, the "Company") (OTC Pink: DHCP) today announced that it and certain of its subsidiaries have entered into an asset purchase agreement with New Residential...

Homeowners Hurt by Mortgage Scam Seek Role in Ditech Bankruptcy

The fraud had targeted elderly African-American homeowners and coerced them into reverse mortgages with no benefits.
Show more

Ditech Frequently Asked Questions

  • When was Ditech founded?

    Ditech was founded in 1958.

  • Who are Ditech key executives?

    Ditech's key executives are Jeff Baker.

  • How many employees does Ditech have?

    Ditech has 4,900 employees.

  • What is Ditech revenue?

    Latest Ditech annual revenue is $831.3 m.

  • What is Ditech revenue per employee?

    Latest Ditech revenue per employee is $169.6 k.

  • Who are Ditech competitors?

    Competitors of Ditech include LLB, The Commercial & Savings Bank and Wellesley Bank.

  • Where is Ditech headquarters?

    Ditech headquarters is located at 1100 Virginia Dr #100, Fort Washington.

  • Where are Ditech offices?

    Ditech has an office in Fort Washington.

  • How many offices does Ditech have?

    Ditech has 1 office.