DiTech Posts Big Growth in New Loans
For the second consecutive quarter, DiTech Funding Corp. of Irvine recorded double-digit growth in new loans.
The mortgage lender, capitalizing on historically low interest rates, said it processed $1.04 billion in loans in the third quarter, an increase of nearly 200% over the same period a year ago.
DiTech said third-quarter totals also represent a 26% gain over second-quarter volume of $826 million.
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