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Steve Stein joins Ditech as Head of Consumer Lending

FORT WASHINGTON, Pa., March 29, 2016 (GLOBE NEWSWIRE) -- Ditech Financial LLC (“Ditech”) today announced that Steve Stein has been hired to lead Ditech’s Consumer Lending Division.

Stein most recently served as Senior Vice President of Marketing and Mass Market Sales for CoreLogic. During his time at CoreLogic, he was a key member of the senior leadership team that focused on revenue growth in the mortgage and capital markets verticals, and the development of a mass-market inside-sales platform across the mortgage and multifamily verticals. As head of Ditech’s Consumer Lending Division, Stein will look to drive Consumer Lending’s originations goals by developing plans for long-term profitable growth and increased levels of customer satisfaction throughout all customer contact points including online, direct marketing, telesales and retention channels.

“We are thrilled to welcome Steve to Ditech,” said David Schneider, Executive Vice President and Chief Operating Officer for Walter Investment Management Corp. and President of Ditech. “He is a seasoned mortgage veteran and brings senior-level experience to nearly every facet of our operations. I’m pleased that he will lead our Consumer Lending Division as we build out this important component of our originations strategy.”

Prior to joining CoreLogic, Stein held multiple senior executive originations roles, including senior vice president of retail lending for both Ally Financial/GMAC Mortgage and Washington Mutual Bank, and spent nearly a decade at CitiMortgage where he served as senior vice president of wholesale lending, retail lending, and national sales and marketing.

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 easily accessible by phone (1-800-700-9212) and online. Additionally, Ditech’s Correspondent Lending Division partners with 600+ financial institutions nationwide, providing capital market expertise. Ditech is nationally ranked as the 14th largest mortgage originator and the 8th largest servicer. Ditech is owned by Walter Investment Management Corp. (NYSE:WAC), a leading diversified mortgage banking firm. For more information, please visit www.ditech.com.

Contact: Megan Keohane Buchanan Public Relations (610) 228-0404 Megan@buchananpr.com

Source: ditech