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Mortgage Servicing

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Ditech selling forward, reverse mortgage businesses 

Jun 18, 2019By

Ditech Holding is selling its forward and reverse mortgage businesses, the company announced Tuesday. New Residential Investment has agreed to purchase the stock and assets of Ditech’s forward mortgage originations and servicing business, while Mortgage Assets Management will acquire the stock and assets of Ditech’s reverse mortgage business, Reverse Mortgage Solutions.

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