Ditech Financial LLC Mortgage Complaint

Conventional adjustable mortgage (ARM) Application, originator, mortgage broker

Ditech Financial LLC Mortgage department,

Conventional adjustable mortgage (ARM) Application, originator, mortgage broker Nevada

DITECH is offering a misleading refinance proposal. They are offering to convert the 18 years and 11 months left on my current mortgage to a 30 year fixed at a slightly higher interest rate. They claim $19000.00 in savings over 10 years but will actually increase total costs by $66000.00. I believe they are hoping consumers wo n't actually do the math!

Ditech Financial LLC customer in Nevada
Nov 20, 2015

* Source: CFPB Complaint Database

Ditech Financial LLC response to complaint:
In progress

Created with Highcharts 4.2.3Ditech Financial LLCComplaint HistoryComplaints1/20123/20125/20127/20129/201211/20121/20133/20135/20137/20139/201311/20131/20143/20145/20147/20149/201411/20141/20153/20155/20157/20159/201511/20152/20164/20167/201611/20162/201702.557.51012.515Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Ditech Financial LLCApplication, originator, mortgage broker1.2%86.8%0.8%2.5%0.4%3.7%4.5%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageApplication, originator, mortgage broker0.8%5.3%6.3%1.1%2.4%8.2%74.6%1.3%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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Contact Ditech Financial LLC

https://www.ditech.com/
800-700-9212
https://www.ditech.com/contact-us/home-loan-specia
1100 Virginia Drive Suite 100A
Fort Washington PA 19034
Ditech Financial LLC
Ditech Financial LLC

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