Ditech Holding Corp. is considering steps that could include the sale of the company. It’s not the first time that Ditech’s chief has overseen a large distressed mortgage firm.

On Wednesday, the Fort Washington, Pennsylvania-based mortgage-banking organization disclosed that it has initiated a process to evaluate strategic alternatives.

The steps are being taken to address inquiries received by the board of Ditech, which recently emerged from bankruptcy and changed its name from Walter Investment Management Corp.


Source: Mortgage Daily