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ditech Announces "Home Sweet Loan" Promotion Winners

FORT WASHINGTON, Pa., Feb. 11, 2015 (GLOBE NEWSWIRE) -- Ditech Mortgage Corp ("ditech") today announced the winners of its "Home Sweet Loan" Promotion, a two-part promotion consisting of a "Mortgage for a Year" Sweepstakes and a "Mortgage for a Month" Photo Contest. The company launched the promotion in October 2014 to highlight its sponsorship with Stewart-Haas Racing and Kevin Harvick's No. 4 Chevrolet team.

To enter the Sweepstakes, consumers could either enter at www.ditechracing.com, tweet to @ditech about why their home is their dream home, or they could write and submit a post on ditech's Facebook page with the same content, using the hashtag #HomeSweetLoanSweeps.

To enter the Photo Contest, consumers were asked to print out one of the available pictures of Kevin Harvick on www.ditechracing.com, take a photo of themselves with "Kevin" at their home that depicts how it is their dream home and enter for a chance to win the "Mortgage for a Month" Contest.

"We received an overwhelming number of entries to the Sweepstakes and Photo Contest," said Rich Smith, Chief Marketing Officer at ditech. "As the 2015 race season is about to kick off and we look forward to our first full season as a sponsor of Kevin Harvick, we're excited to award the Home Sweet Loan Promotion winners their prizes, and to continuing to build visibility for the ditech brand."

Nancy Grzywacz of New Hampshire was named the Sweepstakes Grand Prize winner and will receive "Mortgage for a Year" – a cash prize of $30,000.

The Photo Contest "Mortgage for a Month" was judged based on equally weighted criteria including creativity and originality, demonstration of how the entrant's home is his/her dream home, and the overall appeal of the Contest entry.

"The entries we received for the Photo Contest were quite creative; it was difficult to pick just five," said Smith. "All entries can be viewed in the Photo Gallery at www.ditechracing.com."

Five entrants were chosen as winners of the Photo Contest. Each winner will receive the Contest Prize of a "Mortgage for a Month" – a cash prize of $2,500. The winners are (in no particular order) Hans Schlegel of Tennessee, Jerome Boyd of Virginia, Brian Bechtel of Texas, Wes Holloman of Texas, and Harkey Edwards of Virginia.

About ditech

Ditech Mortgage Corp ("ditech") is a well-known home lender. Headquartered in Fort Washington, PA, the company provides residential mortgage products through a team of home loan specialists who are easily accessible by phone (1-800-700-9212), online and in-person. The company's Correspondent Lending division has a legacy of building successful business solutions and partners with 600+ financial institutions nationwide, providing capital market expertise and financial stability. For more information, please visit www.ditech.com.

About Stewart-Haas Racing

Stewart-Haas Racing is the title-winning NASCAR Sprint Cup Series team co-owned by three-time Sprint Cup champion Tony Stewart and Gene Haas, founder of Haas Automation – the largest CNC machine tool builder in the western world. The team fields four entries in the elite Sprint Cup Series – the No. 14 Bass Pro Shops/Mobil 1 Chevrolet for Stewart, the No. 10 GoDaddy Chevrolet for Danica Patrick, the No. 4 Budweiser/Jimmy John's Chevrolet for Kevin Harvick and the No. 41 Haas Automation Chevrolet for Kurt Busch. Based in Kannapolis, North Carolina, Stewart-Haas Racing operates out of a 140,000-square-foot facility with approximately 270 employees. For more information, please visit us on the Web at www.StewartHaasRacing.com, on Facebook at www.Facebook.com/StewartHaasRacing and on Twitter @StewartHaasRcng.

CONTACT: Emily DiTomo Buchanan Public Relations Emily@buchananpr.com (610) 649-9292

Source: ditech