Ditech Funding is a financial institution based in Toledo, OH, specializing in mortgage services. Recently, the company has undergone bankruptcy proceedings, resulting in the distribution of unclaimed borrower funds and the escheat process for remaining funds.
As a result of the bankruptcy court's order, Ditech Funding is no longer able to process the return of unclaimed borrower funds. However, borrowers with valid uncashed checks are encouraged to cash them, while any remaining funds will be escheated to the unclaimed property agency of the borrower's state of record, as indicated in Ditech's prior mortgage records.
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