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ditech Promotes Bruce Larkin to Western Regional Sales Manager

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FORT WASHINGTON, PA – October 7, 2015 – Ditech Financial LLC (“Ditech”) today announced that Bruce Larkin has been promoted to Regional Sales Manager for the Western region of the U.S.

In this role, Bruce will be responsible for setting sales strategies, evaluating the effectiveness of programs and driving business development for Ditech. He will lead and recruit for a growing team of sales directors, who manage over 225 client relationships for Ditech in the Western U.S. market.

In his previous role as Correspondent Sales Director for Texas, Oklahoma, Arkansas, Arizona and New Mexico, Bruce was responsible for forming relationships with newly assigned correspondents, marketing Ditech's products and assisting with other marketing efforts. Bruce started his mortgage industry career in 1987 as Private Investor Loan Shipper for Western Bank Mortgage and has since worked for several other firms, including Pacific Real Estate Mortgage Company, Tripointe Financial Services, Frontline Mortgage Company, First Franklin Financial Corp., Commerce Security Bank, Indymac, RFC and GMAC/Ally Bank.

Bruce received Bachelor of Business Administration degrees in Finance and Marketing from National University.

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 5,000 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), online, and in-person. Additionally, Ditech’s Correspondent Lending Division partners with 600+ financial institutions nationwide, providing capital market expertise. Ditech is the 5th largest non-bank mortgage originator and the 7th largest servicer, most recently receiving a 5-star designation under Fannie Mae’s Servicer Total Achievement and Rewards Program. Ditech is owned by Walter Investment Management Corp. (NYSE: “WAC”), a leading diversified mortgage banking firm. For more information, please visit www.ditech.com.