New York Court approves representation for mortgage borrowers in Ditech bankruptcy

On November 30, 2017, walter investment management Corp. (the ” Company ” or the ” Debtor “) filed a voluntary petition (the ” Bankruptcy Petition ,” and the case commenced thereby, the ” Chapter 11 Case “) 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 “) to pursue its previously.

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Ditech, the mortgage lender and servicer led by Tom Marano, filed for bankruptcy in February and has proposed a plan to restructure its debt that would release it from liabilities such as lawsuits.

New York Court approves representation for mortgage borrowers. – New York Court approves representation for mortgage borrowers in Ditech bankruptcy | 2019-05-21 By admin 19 hours ago The Bankruptcy Court of the Southern District New York denied Ditech ‘s motion Friday to dismiss the formation of a consumer committee to protect the interests of mortgage borrowers who have loans with Ditech or its subsidiaries.

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Representation for Fremont could not be immediately identified. The case is Morgan Stanley Mortgage Capital Holdings LLC v. Fremont Investment & Loan filed in the U.S. District Court for the Southern.

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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.

Mortgage borrowers win protection in Ditech bankruptcy, Ditech fights back | 2019-05-14. upon which the Bankruptcy Court of the Southern District New York has yet to rule.. asking for the creation of a committee to represent the interests of the mortgage borrowers who have loans with.