Ditech Financial LLC Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account

Ditech Financial LLC Mortgage department,

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account California

As a mortgage debtor with my debt being serviced by the - - ditech subsidiary company, I have concerns for the ability of the - - to devote adequate resources to their public offering of service. I note - chief executive officers during a 12 month period. I note a - % -- % decline in stock price. I note a current stock price near the - value when the major stock exchanges would consider delisting of the stock. From my experience in accounting and finance fields I suspect that the - - may be in breach of some loan covenants. With the turn over of chief executives I suspect that the - - - not be able to provide consistency in company conduct. Much of the ditech loan portfolio originated from -. I view much of this portfolio as having the potential for sub-standard underwriting and for having defects in documentation, implying the probability of higher loan servicing costs for ditech. With the fourth CEO within a 12 month period of time and a record of substantial penalties paid to resolve the results of past business practices, I have concerns for the ability of ditech to operate its business.

Ditech Financial LLC customer in California
Aug 28, 2016

* Source: CFPB Complaint Database

Ditech Financial LLC response to complaint:
Closed with explanation

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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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