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Ditech Holding Corporation Overview

Walter Investment Management Corp. operates as an independent servicer and originator of mortgage loans, and a servicer of reverse mortgage loans in the United States. It operates through three segments: Servicing, Originations, and Reverse Mortgage. The Servicing segment performs services on behalf of third-party credit owners of mortgage loans, as well as its mortgage loan portfolio; and subservicing for third-party owners of mortgage servicing rights. This segment also operates a collections agency that performs collections of post charge-off deficiency balances for third parties and the company; and holds the assets and mortgage-backed debt of the residual trusts. The Originations segment originates and purchases mortgage loans for third parties while retaining the servicing rights. The Reverse Mortgage segment performs servicing for third-party credit owners of reverse loans; and provides other services for the reverse mortgage market, such as real estate owned property management and disposition. Walter Investment Management Corp. was founded in 1958 and is based in Tampa, Florida.
The staff at Ditech Holding Corporation come from unusually diverse demographic backgrounds. The company is 50.4% female and 37.9% ethnic minorities. Even though it has great demographic diversity, Ditech Holding Corporation notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 68.0%. Despite having coworkers who agree with each other about politics, employees at Ditech Holding Corporation tend to have relatively short tenures. Staff members usually stay with the company for 2.7 years. The average employee at Ditech Holding Corporation makes $51,538 per year. In comparison, some of its highest paying competitors, like EverBank, Caliber Home Loans, and Ocwen Financial, pay $68,686, $66,370, and $61,005, respectively.
A large finance company with 4,400 employees and an annual revenue of $947.1M, Ditech Holding Corporation is headquartered in Tampa, FL.

Perks of Working at Ditech Holding Corporation

Ditech Holding Corporation provides health, dental, vision, medical insurances, flexible spending account, 401k plan, vacation and paid time off, maternity and paternity leave, employee discounts, room for development, and other benefits.

Industry

Finance

Revenue

$947.1M

Employees

4,400

Founded in

1958

Headquarters

-

Website

walterinvestment.com

Organization Type

Public

Is This Your Company?

The Team At Ditech Holding Corporation

Key People
  • Ellyn Brown (Director)
  • Stuart Boyd (Executive Officer)
  • Steven Berrard (Director)
  • Kimberly Perez (Executive Officer)
  • Michael Tokarz (Director)
  • Denmar Dixon (Executive Officer, Director)
  • Shannon Smith (Director)
  • Charles Cauthen (Executive Officer)
  • William Meurer (Director)
  • Mark O'Brien (Executive Officer, Director)
The Inside Scoop
Ditech Holding Corporation (formerly Walter Investment Management Corp.) is an independent originator and servicer of mortgage loans and servicer of reverse mortgage loans. It services loans for GSEs, government agencies, third-party securitization trusts and other credit owners. Ditech Holding Corporation was founded in 1958 and is based in Fort Washington, Pennsylvania. It currently employs over 3,500 people.
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Ditech Holding Corporation Rankings

Ditech Holding Corporation is ranked #77 on the Best Companies to Work For in Florida list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Ditech Holding Corporation Salaries

How much does Ditech Holding Corporation pay?
The national average salary for a Walter Investment Management employee in the United States is $51,538 per year. Employees in the top 10 percent can make over $123,000 per year, while employees at the bottom 10 percent earn less than $21,000 per year.
8.5
Salary Score
Average Employee Earnings

Ditech Holding Corporation Salaries By Job Title

While Ditech Holding Corporation employees earn an average yearly salary of $51,538, different roles can command different wages. Some of the positions that earn high wages at Ditech Holding Corporation include information technology director, loan officer, senior software engineer, and senior .net developer. A worker with the title information technology director salary at Ditech Holding Corporation can earn an average yearly salary of $151,099. To get a better sense of the salaries at Ditech Holding Corporation, other roles such as claim processor and cashier can be considered as well. For comparison, the title claim processor at Ditech Holding Corporation earns $23,863 per year.
Job Title
Title
Average Salary
Information Technology Director
Salary Range140k - 162k$151k$151,099
Loan Officer
Salary Range101k - 168k$131k$130,643
Senior Software Engineer
Salary Range99k - 127k$113k$112,815
Senior .NET Developer
Salary Range99k - 116k$108k$107,747
Quality Assurance Lead
Salary Range93k - 114k$104k$103,606
Junior .NET Developer
Salary Range92k - 110k$101k$100,907
Team Leader
Salary Range78k - 126k$100k$99,896
Relationship Manager
Salary Range77k - 125k$99k$98,622
Application Engineer
Salary Range81k - 103k$92k$91,697
Executive Assistant
Salary Range71k - 94k$83k$82,529
$43k
$168k

Ditech Holding Corporation Careers

On average, employees at Ditech Holding Corporation stay with the company for 2.7 years. Employees most commonly join Ditech Holding Corporation after leaving Wells Fargo. When they leave Ditech Holding Corporation, they most frequently get their next job at Wells Fargo.

Average Length of Employment

Top Employers Before Ditech Holding Corporation

Citi
7.4 %

Top Employers After Ditech Holding Corporation

Ditech Holding Corporation Employee Demographics

9.6
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Ditech Holding Corporation Employees Education

Of the 4,400 employees at Ditech Holding Corporation, 12.2% attended Black Hills State University. Employees at Ditech Holding Corporation most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Ditech Holding Corporation Employee Political Affiliation

Ditech Holding Corporation employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Ditech Holding Corporation employee was by Jonathan Pedersen. Jonathan Pedersen donated $1,300 to the Democratic Party.

Employee Political Donations

NameJob TitlePartyDonation
Jonathan PedersenGeneral Counsel
Jonathan Pedersen
General Counsel
General Counsel
Democratic Party
Democratic Party
$1,300Democratic Party
$1,300
Dave SundeComputer Operator
Dave Sunde
Computer Operator
Computer Operator
Republican Party
Republican Party
$1,230Republican Party
$1,230
Mohammed ALIDatabase Developer
Mohammed ALI
Database Developer
Database Developer
Democratic Party
Democratic Party
$827Democratic Party
$827
David SundeComputer Operator
David Sunde
Computer Operator
Computer Operator
Republican Party
Republican Party
$500Republican Party
$500
David KingManager
David King
Manager
Manager
Democratic Party
Democratic Party
$420Democratic Party
$420
Denise PalkoSenior Director Of Information & Technology
Denise Palko
Senior Director Of Information & Technology
Senior Director Of Information & Technology
Democratic Party
Democratic Party
$405Democratic Party
$405
Karen SchneckAttorney
Karen Schneck
Attorney
Attorney
Democratic Party
Democratic Party
$405Democratic Party
$405
Robert GlassField Representative
Robert Glass
Field Representative
Field Representative
Republican Party
Republican Party
$345Republican Party
$345
Mark HowleyData Analyst
Mark Howley
Data Analyst
Data Analyst
Democratic Party
Democratic Party
$300Democratic Party
$300
Luke JensonConsultant
Luke Jenson
Consultant
Consultant
Republican Party
Republican Party
$300Republican Party
$300
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Ditech Holding Corporation Financial Performance

9.6
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

1958

Organization type

Public

Ditech Holding Corporation Financing Rounds

DateAmountSecurity Type
Jul 15, 2011Equity
Jul 15, 2011
$40,220,085
$40,220,085
Equity
Equity

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Ditech Holding Corporation Competitors

Based on our research, similar companies to Ditech Holding Corporation are EverBank, Caliber Home Loans, and Ocwen Financial. The wages at EverBank average higher than the other similar companies, where the median salary is $68,686 per year. The employees at Caliber Home Loans earn an average yearly salary of $66,370 per year, and the salaries at Ocwen Financial average $61,005 per year.
Company
Average Salary
EverBank
Salary Range50k - 93k$69k$68,686
Caliber Home Loans
Salary Range48k - 90k$66k$66,370
Ocwen Financial
Salary Range41k - 90k$61k$61,005

World Savings

Salary Range41k - 87k$60k$60,302
Nationstar Mortgage Holdings
Salary Range45k - 79k$60k$60,059

Homecomings Financial

Salary Range41k - 86k$60k$59,878

Fremont Bancorporation

Salary Range37k - 93k$59k$59,496
Roundpoint Mortgage Servicing
Salary Range39k - 84k$58k$58,061

Saxon Mortgage

Salary Range39k - 84k$58k$57,758

CHASE MANHATTAN MORTGAGE

Salary Range42k - 78k$57k$57,486
$28k
$93k

Frequently Asked Questions about Ditech Holding Corporation

When was Ditech Holding Corporation founded?

Ditech Holding Corporation was founded in 1958.

How many Employees does Ditech Holding Corporation have?

Ditech Holding Corporation has 4,400 employees.

How much money does Ditech Holding Corporation make?

Ditech Holding Corporation generates $947.1M in revenue.

What industry is Ditech Holding Corporation in?

Ditech Holding Corporation is in the finance industry.

What type of company is Ditech Holding Corporation?

Ditech Holding Corporation is a public company.

Who are Ditech Holding Corporation's competitors?

Ditech Holding Corporation competitors include Roundpoint Mortgage Servicing, Saxon Mortgage, Fremont Bancorporation, Caliber Home Loans, CHASE MANHATTAN MORTGAGE, CitiFinancial Mortgage Company, WASHINGTON MUTUAL CARD SERV, Nationstar Mortgage Holdings, Ocwen Financial, Freedom Mortgage, CCO Mortgage, EverBank, Heartland Financial USA, PennyMac Financial Services, Loan, Homecomings Financial, World Savings, Alaska USA Federal Credit Union, FIRST INVESTORS FINANCIAL SERV GROUP, DOW EASTERN CREDIT UNION.

Who works at Ditech Holding Corporation?

Ellyn Brown (Director)

Stuart Boyd (Executive Officer)

Steven Berrard (Director)

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Ditech Holding Corporation, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ditech Holding Corporation. The employee data is based on information from people who have self-reported their past or current employments at Ditech Holding Corporation. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Ditech Holding Corporation and its employees or that of Zippia.

Ditech Holding Corporation may also be known as or be related to Ditech Financial LLC, Ditech Holding Corporation, WALTER INVESTMENT MANAGEMENT CORP, WALTER INVESTMENT MANAGEMENT LLC, Walter Investment Management, Walter Investment Management Corp and Walter Investment Management LLC.