Ditech bankruptcy & settling

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momofboys

LoanSafe Member
Dec 27, 2010
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So we have not paid our 2nd in 8 years I believe (I think since 2011). Been hoping for a settlement. Will Ditech now going into bankruptcy make them more willing to settle?
 

Jzone

LoanSafe Member
Jun 20, 2017
214
29
28
70
So we have not paid our 2nd in 8 years I believe (I think since 2011). Been hoping for a settlement. Will Ditech now going into bankruptcy make them more willing to settle?
Doubtful but always a possibility. Ditech will simply sell or assign all mortgage liens and someone else will be your new lien holder.
How many times have you been contacted by Ditech in the last 8 years? That will tell you how eager they are to settle.