Ditech was founded in 1995 to address the needs of customers for faster, easier access to mortgage loans. With the traditional mortgage broker model proving a bit slow and cumbersome for customers in a faster-paced, technology-driven world, ditech enabled borrowers to obtain mortgages directly from a lender rather than relying on an intermediary such as a broker. Providing this "direct" access through "technology" was how ditech was born.

GMAC Mortgage, a major financial services company and one of America's leading mortgage loan originator, acquired primarily all the assets of Ditech Funding Corporation in 1999. This marked the beginning of significant growth for ditech and enabled the company to invest further in its products, technology, and customer service - and set the stage back then for ditech's emergence, and current status, as a leading mortgage loan originator.