ditech expands its consumer direct channel in Florida

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Engel & Völkers announced its latest South Florida expansion as Irving Padron acquires the rights to Engel & Völkers Sunny Isles Beach.

Ditech Financial LLC ("Ditech") announced today that it is expanding its business lending division with the launch of a wholesale lending channel. The company has begun accepting broker applications.

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This decision will allow us to concentrate on the continued development of the consumer direct channel, and further enhance our focus on the relationships and opportunities available to us in our Retention and correspondent lending channels," said Denmar J. Dixon, Walter Investment’s Vice Chairman, Chief Executive Officer and President."

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Walter Investment Announces Ditech’s Exit from Distributed Retail Channel. on the continued development of the Consumer Direct channel, Announces Ditech’s Exit from Distributed Retail Channel.

In May 2014, Ditech launched a co-branding and joint-venture initiative with more than 600 institutional partners that provide mortgage and refinance loans to their customers. The strategy encompasses direct consumer lending and correspondent lending. Institutional partners can price, lock and deliver individual loans through the Ditech website.

In May of last year, the lender announced it expanded its consumer direct channel into the Jacksonville, Florida, area, with plans to hire a team of direct-to-consumer home loan specialists and.

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