FORT WASHINGTON, Pa., Sept. 28, 2016 (GLOBE NEWSWIRE) -- Ditech Financial LLC (“Ditech”) announced that it is hosting a series of events with the housing nonprofit Rebuilding Together to provide critical home repairs to low-income residents throughout the United States.
“Here at Ditech, helping people fulfill their dreams of becoming homeowners is the motivation behind our work day in and day out,” said David Schneider, President at Ditech. “However, our work doesn’t end once our customers purchase their homes. We want to ensure that these houses remain safe and healthy for all of our homebuyers. We are honored to work side-by-side with Rebuilding Together to make this a reality for all homeowners, especially those in low-income, underserved communities.”
The series began on September 22 with a ribbon-cutting event in Concord, New Hampshire, celebrating the work done by volunteers with Rebuilding Together and Rebuilding Together Twin Cities to revitalize Camp Spaulding’s play space. Camp Spaulding is a partnership between the YMCA and Concord Child and Family Services that nurtures and creates a sense of community among campers of all ages through a wide variety of programs. Kevin Harvick, driver of the No. 4 Ditech Chevrolet SS in the NASCAR Sprint Cup Series, made an appearance on behalf of Ditech at the event, signing autographs and posing for photos with children from the camp. Two more events will take place in 2016 with local Rebuilding Together affiliates in Minnesota and Texas:
- A community revitalization project to be held on October 13 in St. Paul, Minnesota, in partnership with Rebuilding Together Twin Cities and Urban Roots ‒ an organization whose mission is to build vibrant and healthy communities through food, conservation and youth development.
- A rebuild project on November 3 in Dallas, Texas, as part of Rebuilding Together Greater Dallas’ Operation Freedom – an initiative to repair or rebuild the homes of 60 veterans in 60 days.
Ditech recently announced a formal partnership with Rebuilding Together as a part of the company’s corporate social responsibility efforts to strengthen communities and make homeownership an achievable and maintainable dream.
“Rebuilding Together is proud to work with companies like Ditech that have made a commitment to serving homeowners in a meaningful and powerful way,” said Caroline Blakely, President and CEO of Rebuilding Together. “By building coalitions with these forward-thinking business leaders, we can generate greater impact, empowering homeowners to be the change makers in the communities where they live.”
For more information about the events, please visit the local affiliates’ websites: Concord Child and Family Services and Concord YMCA, Rebuilding Together – Twin Cities and Rebuilding Together – Dallas.
About Ditech
Ditech Financial LLC (“Ditech”) makes financially sound homeownership possible for millions of customers. Ditech is a well-known lender and servicer of residential mortgages. With over 4,500 employees in locations across the U.S., the company provides residential mortgage products through a team of home loan specialists who are accessible by phone (1-800-700-9212) and online. Additionally, Ditech’s Correspondent Lending Division has relationships with 500+ financial institutions nationwide. Ditech is owned by Walter Investment Management Corp. (NYSE:WAC), a leading diversified mortgage banking firm. For more information, please visit www.ditech.com.
About Rebuilding Together
Rebuilding Together is a leading national nonprofit in safe and healthy housing with more than 40 years of experience. Together, with our corporate and community partners, we transform the lives of low-income homeowners by improving the safety and health of their homes and revitalizing our communities. Rebuilding Together’s local affiliates and nearly 100,000 volunteers complete about 10,000 rebuild projects nationwide each year. Learn more and get involved at rebuildingtogether.org.
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, certain of which are related to Ditech Financial LLC, a wholly owned subsidiary of Walter Investment Management Corp. (“Walter Investment”). Statements that are not historical fact are forward-looking statements. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “estimates,” “assumes,” “may,” “should,” “will,” "targets," or other similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors, and Walter Investment’s actual results, performance or achievements could differ materially from future results, performance or achievements expressed in these forward-looking statements. These forward-looking statements are based on Walter Investment’s current beliefs, intentions and expectations. These statements are not guarantees or indicative of future performance. Important assumptions and other important factors that could cause Walter Investment’s actual results to differ materially from those forward-looking statements include, but are not limited to, those factors, risks and uncertainties described under the caption "Risk Factors" in the Walter Investment Annual Report on Form 10-K for the year ended December 31, 2015 and in Walter Investment’s other filings with the SEC.