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In September 2019, New Residential acquired a significant amount of Ditech's servicing-related assets from bankruptcy court and the deal closed on Oct. 1, 2019. Who was the rocket scientist who thought it would be okay to have second floor homes in an over 55 community? Please keep in the mind, the escrow balance never stays the same due to the payments made into the escrow account and the disbursements coming out. New Residential is also acquiring the servicer advancereceivables relating to those MSRs and other assets core to the forwardorigination and servicing businesses. Some owners will also be the mortgage servicer of your loan, but some owners hire a second party to act as the servicer of the loan. Case reassigned to Judge Douglas R. Cole for all further proceedings. We do not have any legal affiliation with New Residential Investment or Ditech Financial. Sign up for a free account. Newrez is here to guide you through the mortgage loan process. Amount Settled: $0.00. on 6/17/2021, answer due 8/16/2021. Contact us today for a free consultation and find out how Denbeaux & Denbeaux Law can help you fight foreclosure. Not lowered but raised. million verified professionals across 35 million companies. servicing rights portfolio, which carried an aggregate unpaid principal balance It provides mortgage financing to home buyers represented by real estate brokerage First Team Real Estate in Southern California. Contact us today for a free initial consultation to learn about your options to stop or fight foreclosure on your home. As previously announced, New Residential is purchasing Ditechs forward Fannie Mae, Ginnie Mae, and non-agency mortgage servicing rights with an aggregate unpaid principal balance of ~$62B as of Aug. 31, 2019, the servicer advance receivables relating to such MSRs and other assets core to the origination and servicing businesses. If you want to contact New Residential Investment, please click here for contact information. Darin said they had no paperwork about taxes or anything but can predict what what my payments are which is higher than original payment. Moving the Housing Market Forward. Go to the Help icon at the top right and click on Contact Us from the drop down. However, as is common with many 55+ communities, the HOA charges a one time fee to all new owners.