Walter Investment to Appoint David Schneider President, Ditech Servicing and Originations

Walter Investment Management Corp. (NYSE: WAC) (“Walter Investment” or the “Company”) today announced that David Schneider, EVP of Walter Investment and President, Servicing of Ditech Financial LLC (“Ditech”), will be named President of Ditech with responsibility for leading both the Servicing and Originations businesses, effective immediately. Patricia Cook, EVP of Walter Investment and President, Originations of Ditech, will be leaving the Company.
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