MEMORANDUM OF UNDERSTANDINGMemorandum of Understanding • September 24th, 2019
Contract Type FiledSeptember 24th, 2019This Memorandum of Understanding (“MOU”) is made and entered into as of this 25th day of September 2019 (the “Effective Date”), by and between Ditech Financial LLC (“the Company”) and the Executive Office for United States Trustees (the “EOUST”), a component within the Department of Justice. The EOUST and the Company (collectively, the “Parties”) have held numerous discussions and meetings dating back to mid-2014 regarding issues concerning the Company’s historical Mortgage Loan practices for Borrowers in Bankruptcy Cases. This MOU is the culmination of those discussions and is intended to set forth a summary of the mutual understanding between the Parties.