New York Court approves representation for mortgage borrowers in Ditech bankruptcy

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The entry into the DIP Warehouse Facilities will be subject to certain conditions precedent, including: (a) Ditech’s and RMS’ continued status as an approved. the United States Bankruptcy Court for.

 · Under New York bankruptcy law (In re Boodrow) a debtor does not have to sign a Reaffirmation Agreement for a mortgage on real estate. This is a good thing (especially when dealing with second or third mortgages), since a signed Reaffirmation Agreement causes you to remain personally liable for the mortgage debt after bankruptcy, and for any resulting deficiency judgment determined to.

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Ditech Holding Corporation announced Tuesday that it has engaged in a court-supervised sale process for the stock and assets of Reverse Mortgage Solutions, Inc. (RMS) with Washington, D.C.-based Mortgage Assets Management, LLC, a company that oversees portfolios of mortgage servicing rights.

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New York Court approves representation for mortgage borrowers in Ditech bankruptcy (DBN) Existing-home sales fall for the second straight month in April NAR: Existing-Home Sales Decreased to 5.19 million in April Comments on April Existing Home Sales

Jan. 17, 2018 /PRNewswire/ — Walter Investment Management Corp. ("Walter" or the "Company") (NYSE: WAC.BC) today announced that the United States Bankruptcy Court for the Southern District of New.

Mortgage borrowers win protection in Ditech bankruptcy, Ditech fights back May 14, 2019 RSS FEED No comments The long and winding saga of Ditech ‘s bankruptcy continues, as the U.S. Trustee grants a request to create a committee to protect consumer interests in the proceedings.

On February 11, 2019, as contemplated by the RSA, the Debtors filed voluntary petitions (the "Bankruptcy Petitions," and the cases commenced thereby, the "Chapter 11 Cases") under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern District of New York (the "Court.

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