|
Ditech Holding Corporation (WAC) |
|
|
|
Ditech Holding's Suppliers Performance
WAC's Supply Chain
|
WAC Costs vs Sales of Suppliers Growth |
Ditech Holding's Suppliers recorded an increase in sales by 4.22 % year on year in Q4 2018, from the previous quarter, sales fell by -3.22 %, Ditech Holding's cost of sales deteriorated by 0 % year on year, sequentially cost of sales grew by 109.17 % in Q4.
• More on WAC Suppliers
|
|
Ditech Holding's Suppliers recorded an increase in sales by 4.22 % year on year in Q4 2018, from the previous quarter, sales fell by -3.22 %, Ditech Holding's cost of sales deteriorated by 0 % year on year, sequentially cost of sales grew by 109.17 % in Q4.
• More on WAC Suppliers
Select the Relationship:
|
|
Select the Category:
|
|
News about Ditech Holding Corporation Contracts |
Ditech Holding's Comment on Supply Chain
Our businesses employ technology by using third-party systems where standardization
is key and proprietary systems where superior functionality, flexibility and time
to market are critical to regulatory compliance, customer experience and credit
performance. The majority of our proprietary systems are supported by a team of
information technology professionals using the latest development techniques and
technologies to protect our systems and ensure they are effective. In-house developed
proprietary systems are leveraged for customer service, default management, data
modeling and reverse mortgage originations and servicing.
On October 27, 2014, Green Tree Servicing (now Ditech Financial) signed a long-term
Loan Servicing Agreement with Black Knight Financial Services, LLC for the use
of MSP, a mortgage and consumer loan servicing platform. Ditech Financial has
been using a combination of MSP and its own proprietary collections, customer
service and default management systems to service Ginnie Mae and Freddie Mac loans
for several years. Ditech Financial intends to move its Fannie Mae first lien
mortgages to MSP and will continue to utilize proprietary collections, customer
service and default management systems for such loans. Ditech Financial anticipates
that it will move the remainder of its loans, which consist primarily of private
label loans, manufactured housing loans and second liens, to MSP from its proprietary
system in 2017. We believe we have capacity in our platform to support the growth
of our portfolios. | |