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Ditech Com


We found 5 articles about Ditech Com

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  • Ditech.com Parent Sending Executive Reinforcements

    Business | Robin Fields | May 3, 2000
    A day after federal agents arrested three of Ditech.com's top managers, the mortgage lender's parent company said Tuesday that it has dispatched several officials from its East Coast headquarters to oversee the troubled operations in Costa Mesa. "We've committed additional resources . . . and brought in some senior-level and middle-level people to assist Ditech on an interim basis," said Rick Gillespie, a spokesman for GMAC Residential Holdings, a unit of General Motors Corp.

  • DiTech Founder Sues GMAC Over Payments

    Business | Daryl Strickland | August 31, 2000
    J. Paul Reddam, flamboyant founder of DiTech.com, alleged in a lawsuit that GMAC Mortgage Corp. has failed to pay $200 million that it owed after acquiring the Costa Mesa mortgage lender.

  • FBI Probe of Mortgage Lender Ditech Widens

    Business | Robin Fields | May 13, 2000
    The FBI moved to seize records from a second company that does business with Ditech.com, widening the criminal investigation into an alleged extortion scheme involving former top managers of the Costa Mesa mortgage lender.

  • Three Ditech Managers Will Waive Extradition

    Business | Robin Fields | May 9, 2000
    Three top managers at Costa Mesa mortgage lender Ditech.com Inc. on Monday waived their rights to extradition hearings, agreeing to travel cross-country to face extortion charges, federal prosecutors said.

  • Ditech.com Fires 3 Managers Indicted on Extortion Counts

    Business | Robin Fields | May 27, 2000
    Costa Mesa mortgage lender Ditech.com Inc. said Friday that it has fired three top managers who were indicted May 2 on federal charges of extortion and accepting illegal kickbacks.
Recent Articles
  • DiTech Founder Sues GMAC Over Payments
    Business | Daryl Strickland | August 31, 2000
    J. Paul Reddam, flamboyant founder of DiTech.com, alleged in a lawsuit that GMAC Mortgage Corp. has failed to pay $200 million that it owed after acquiring the Costa Mesa mortgage lender. GMAC, a unit of General Motors Corp., made an initial payment of $70 million as part of the deal, but has failed to make a series of payments since acquiring DiTech in March 1999, according to the lawsuit, which was filed Friday in Orange County Superior Court.
  • Ditech.com Fires 3 Managers Indicted on Extortion Counts
    Business | Robin Fields | May 27, 2000
    Costa Mesa mortgage lender Ditech.com Inc. said Friday that it has fired three top managers who were indicted May 2 on federal charges of extortion and accepting illegal kickbacks.
  • FBI Probe of Mortgage Lender Ditech Widens
    Business | Robin Fields | May 13, 2000
    The FBI moved to seize records from a second company that does business with Ditech.com, widening the criminal investigation into an alleged extortion scheme involving former top managers of the Costa Mesa mortgage lender.
  • Three Ditech Managers Will Waive Extradition
    Business | Robin Fields | May 9, 2000
    Three top managers at Costa Mesa mortgage lender Ditech.com Inc. on Monday waived their rights to extradition hearings, agreeing to travel cross-country to face extortion charges, federal prosecutors said.
  • Ditech.com Parent Sending Executive Reinforcements
    Business | Robin Fields | May 3, 2000
    A day after federal agents arrested three of Ditech.com's top managers, the mortgage lender's parent company said Tuesday that it has dispatched several officials from its East Coast headquarters to oversee the troubled operations in Costa Mesa.