Reverse Mortgage Solutions

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Ditech sells Reverse Mortgage Solutions to Mortgage Assets Management

Oct 01, 2019By

When the federal judge overseeing the bankruptcy of Ditech Holding approved the struggling nonbank’s sale of its forward and reverse mortgage businesses to New Residential Investment and Mortgage Assets Management, it was only a matter of time until those deals were completed. As it turns out, that “matter of time” ended up being only a few days.