Ditech Sale Blocked by Homeowner Claims of Botched Mortgages
National Mortgage News, Aug. 29, 2019 (subscription)
Federal bankruptcy Judge James Garrity Jr. rejected the plan after two days of hearing evidence and arguments earlier this month from lawyers for Ditech and a consumer creditor committee. The committee asserted the company shouldn’t be able to sell its businesses if it meant wiping out the ability of homeowners to correct what they say are errors related to their loans.
