Ditech Holding Plan of Reorganization Confirmed by Court

Ditech Holding Corp. has received court approval for sale of assets to New Residential Investment Corp. and the sale of assets and equity to Mortgage Assets.

• “With the Court’s approval and confirmation of our Plan, we are able to move forward with these value-maximizing transactions and achieve the best path forward for our stakeholders, including homeowners,” said Thomas F. Marano, Chairman and CEO
• EARLIER: Ditech Judge Indicates He Will Approve Bankruptcy Plan

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Cara Moffat in Los Angeles at cmoffat@bloomberg.net

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