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**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. We are a homeowner advocacy group with more than a decade of helping homeowners and professionals with mortgage assistance negotiations. The information found on this page is for educational and convenience purposes only. The information found on this page should be considered as opinion and not fact based on our experience with lenders over 10+ years. Consult your mortgage servicer directly or a professional before using any of the information found on this site. If you are seeking an intermediary to assist you in getting help with your mortgage you may contact us at 888-934-3444 or via email at [email protected] for further review for a no fee, no obligation, consultation. If required you may be referred to a local professional or legal counsel for additional assistance with your mortgage. Please read through our Disclaimer page for additional details. We do not represent in any way any financial institution named on this page. If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Ditech (Greentree) Loan Modification

Get Help With Your Ditech Loan Modification

Talk To A Specialist Who Knows How To Deal With A Ditech Mortgage.

Get Help With Your Ditech Loan Modification

Talk To A Specialist Who Knows How To Deal With A Ditech Mortgage.
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Ditech Loan Modification Process

Ditech. loan modification involves the phases which are very much similar to the loan modification process of other companies. The process is further explained below:

  1. Interview By Phone Phone interview with the customer servicing agent is the initiating process of the modification process.
  2. Package Submission The Request for Mortgage Assistance (RMA) form has to be completely filled out which also requires the complete decleration of the finances.
  3. Ditech BPO  (Broker’s Price Opinion) Sometimes the property has to be valuated and a Broker’s Price Opinion has to be obtained. Sometimes Automatic valuation model is used for this.
  4. Negotiations This phase involves the negotiation for the new terms for the loan or mortgage which are then reviewed and sent to underwriting for approval.
  5. Modification Approval/Decline The servicer responds on behalf of the client about the approval or decline of the modification application.

The process looks very simple but that is never the case. We Absolute Consultant Group (ACG) are a company that support the homeowners through the loan modification process. The runarounds are normal during the modification process. Sometimes the company asks for the same documents again and again. The departments often give the customers a run around from department to department. The Ditech loan modification department often transfers the customers to the servicing department and it sends them back to where they started. It is much better to come to our staff rather than submitting the wrong information, getting denied or not being able to figure out what to do and can save you a lot of trouble. Our staff is available to review your paperwork and to help you step with the best foot forward. Call us at 888-934-3444.

Ditech Loan Modification Timeline

There is a lot of bureaucracy involved in a company like Ditech. Due to this the timeline of Ditech. loan modification varies due to reasons that sometimes are very straight but that is not always the case. Here are a few reasons why the answers to this question are such complicated.

For one, Ditech is a company that only services the loans. They are representing the debt on someone else’s behalf which is an investor. This hugely effects the decision taking capabilty of Ditech. As a home loan servicing company they follow the Pooling and Servicing Agreement (PSA), This serves like an agreement between all institutions. The company can take some of the secisions on behalf of the investor but not all the decisions. This means that they have to get permision from the investor for every loan modification that they want to make. Certain investors take the process of making decision and do it themselves. In this kind of regulated business the more hands involved the longer it takes in processing leaving Ditech’s hands tied.

Another issue, In Ditech loan modification the priority is the timeline. The application are usually prioritized by date as they are received by the company. The company sorts the applications on first come first serve basis but it also depends on if you have a near foreclosure date. If that is the case then it is likely that your application will be pushed to the front of the line and considered sooner for the mortgage assistance. It must be kept in mind that the institutions like Ditech have foreclosure dates for almost every day. Due to this the process does not go forward as quickly as you want it to.

  • Lastly, All mortgages are not created equal. There are a large number of mortgage programs each having different terms and regulations about how they will modify your loan. Usually, if the first program is not suitable for you or them they will consider you for the next one and so on untill they find the mortgage solution that works. Departments are very specialized due to these conditions so many times different representatives handle different parts of the review.

Ditech‘s Home Mortgage Loan Modification Timeline Conclusion: While it would be great that we can give our customers the exact timeline for the loan modification. The timelines vary greatly from customer to customer. It depends on whether the servicer can take the decision themselve or they have to send it to the investor for approval. It depends on whether you fit the first program you are reviewed for or the 10th or 11th. It also depends on the factors from outside the bank such as how fast they can get the valuation on the property and how fast they receive the legible documents.

If Your Ditech Loan Modification Has Been Denied. It May Not Be Too Late

 

Dealing With A Ditech Loan Modification Decline

Have you been declined by Ditech? Has Ditech denied your request for Home Loan Modification. Getting Declined can be confusing. Understanding the details of all the plans and how that conflicts with your information is key. Here at ACG we have dozens of points we review in order to understand why your Ditech Home Mortgage loan modification was rejected. Have us review your declined modifcation for free by calling us at 888-934-3444.

Additional Ditech’s Mortgage Contact Information

Ditech Customer Service

Ditech Home Mortgage Complaints

 

Ditech Home Mortgage Loan Modification Reviews

Ditech Loan Modification Complaints

Ditech is a large company and the rules are literally changing every day. There are a lot of departments and even more hands in the pot of each case that making it through the system can be a real drag. It doesn’t have to be though and that’s where we come in. Give us a call and see how we can help you with your loan modification. Call 888-934-3444.

CitiMortgage 1 Star Reviews

Ditech 1 Star Review:

I am writing this as I’m helping my aunt who is disabled try to get her finances in order. I just got a copy of her finances and her mortgage was sold to Ditech as a simple interest loan. She’s been paying on it, never late for over 4 years and yet she owes more now than she did when she started. When I call to try to get help they drag their feet and are just rude. I have never seen anything so awful in my entire life. How does a company get to cheat people like this. If there ever is a class action suit I want to get my aunt in it because she is about to lose the home her father built with his own two hands.

Renee, Seven Springs, NC

Ditech 1 Star Review:

Our home loan was sold by Bank of America to Green Tree who then was sold to Ditech back in 2013. We moved from Florida where the housing market was horrible and isn’t much better today and sold our house on a short sale. That was October 2013. I find out today the Ditech is reporting us as late pay over 3 years later after the short sale has long been completed and the loan closed!!! This is FRAUDULENT business operations and should be ILLEGAL! This company is hurting my ability to procure a home loan thanks to their GREASY business procedures!!! People have financial issues from the 2007 – 2012 recession, we have never had credit issues and was told we had to wait 3 years after the short sale (which we did) now only to find out what Ditech has been doing to us!!! CROOKS!!!

Micheal, Columbia, TN

Don't Be A 1 Star Review

 

Don't Be A 1 Star Review

 

Ditech 1 Star Review:

My loan was modified and sold to Ditech for completion of the modification. As part of the agreement I was required to make a monthly payment for three months in order to prove that I could make the agreed upon payment. I did that, and actually did four months because when it was sold Ditech said the three months had to start over with them. So fine, no problem. Except it has now been two additional months and they have not only not completed the modification, I cannot get into their phone system to make a payment!

Carolyn, Denver, CO

1 Star Situations Happen Every Day

 

ACG 5 Star Reviews

ACG 5 Star Review:

Tried modifying my mortgage loan on my own, twice actually, but no luck. Until I called ACG. [I] got my loan mod approved and all is well.

Michael, Woodland Hills, CA

ACG 5 Star Review:

We were struggling trying to get assistance in keeping our home for over a year when I was introduced to ACG Today both my homes are modified and our family has a chance for a fresh start.

Patricia, Porter Ranch, CA

ACG 5 Star Review:

I have worked with [the] team personally and professionally referring them many clients over the past few years. If you need help with a loan modification, short sale, or want to avoid foreclosure I highly suggest you use Absolute Consultant Group!

Daniel, Santa Clarita, CA

You Can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Ditech Mortgage.

You Know You Can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Ditech Mortgage.

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