Ditech Holding Corporation operates as an independent servicer and originator of mortgage loans, and servicer of reverse mortgage loans. The company operates through three segments: Servicing, Originations, and Reverse Mortgage. The Servicing segment performs servicing for mortgage loan portfolio, on behalf of third-party credit owners of mortgage loans, as well as performs subservicing for third-party owners. This segment also operates complementary businesses, including asset receivables management that performs collections of post charge-off deficiency balances for third parties; and holds the assets and mortgage-backed debt of the Residual Trusts. The Originations segment originates and purchases mortgage loans through consumer originations, and correspondents and wholesale lendings. The Reverse Mortgage segment primarily focuses on the servicing of its own reverse loans and subservicing on behalf of third-party credit owners of reverse loans. This segment also provides complementary services for the reverse mortgage market, such as real estate owned property management and disposition. It serves government-sponsored entities, government agencies, third-party securitization trusts, and other credit owners. The company was formerly known as Walter Investment Management Corp. and changed its name to Ditech Holding Corporation in February 2018. Ditech Holding Corporation was founded in 1958 and is based in Fort Washington, Pennsylvania.
Industry, Sector and Symbol
Industry Mortgage bankers & correspondents
Sub-IndustryN/A
SectorFinance
Phone844-714-8603
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$831.26 million
Profitability
Miscellaneous
Employees3,800
OptionableNot Optionable
Ditech (NYSE:DHCP) Frequently Asked Questions
What is Ditech's stock symbol?
Ditech trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHCP."
How were Ditech's earnings last quarter?
Ditech Holding Corp (NYSE:DHCP) posted its earnings results on Wednesday, November, 14th. The company reported ($7.28) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($6.15) by $1.13. The company earned $204.66 million during the quarter. View Ditech's Earnings History.
Has Ditech been receiving favorable news coverage?
Media stories about DHCP stock have trended neutral on Wednesday, according to InfoTrie. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ditech earned a coverage optimism score of 0.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future.
Who are some of Ditech's key competitors?
Some companies that are related to Ditech include Capital Financial (CPFH), Vestin Realty Mortgage II (VRTB), Glassbridge Enterprises (GLAE), Green Planet Bio Engineering (GPLB), Paragon Real Estate Equity Reit (PRLE), LM Funding America (LMFA), Pacific Ventures Group (PACV), Woodstock (WSFL), CV (CVHL), Advanced Oxygen Technologies (AOXY), First NBC Bank (FNBCQ), HPIL (HPIL), Pacific Office Properties Trust (PCFO), SpendSmart Networks (SSPC) and Spindle (SPDL).
Who are Ditech's key executives?
Ditech's management team includes the folowing people:
- Mr. Jeffrey P. Baker B.B.A., Pres of Reverse Mortgage Solutions, Inc (Age 54)
- Mr. Denmar John Dixon, Vice Chairman, CEO & Pres (Age 56)
- Mr. Jerry Lombardo, Exec. VP & Chief Financial Officer
- Mr. Ritesh Chaturbedi, Chief Operating Officer (Age 40)
- Mr. Andrew Badstubner, Chief Technology Officer
How do I buy shares of Ditech?
Shares of DHCP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ditech's stock price today?
One share of DHCP stock can currently be purchased for approximately $0.0690.
How big of a company is Ditech?
Ditech has a market capitalization of $358,041.00 and generates $831.26 million in revenue each year. Ditech employs 3,800 workers across the globe.
What is Ditech's official website?
How can I contact Ditech?
Ditech's mailing address is 1100 VIRGINIA DRIVE SUITE 100, FORT WASHINGTON PA, 33607. The company can be reached via phone at 844-714-8603 or via email at [email protected]
MarketBeat Community Rating for Ditech (NYSE DHCP)
MarketBeat's community ratings are surveys of what our community members think about Ditech and other stocks. Vote "Outperform" if you believe DHCP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DHCP will underperform the S&P 500 over the long term. You may vote once every thirty days.
