Ditech Reviews

Updated May 1, 2015
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Kenneth D. (Ken) Naumann
4 Ratings

10 Employee Reviews

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  1. Solid work; not to stressful

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Loan Auditor in Fort Washington, PA
    Former Employee - Mortgage Loan Auditor in Fort Washington, PA
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Ditech full-time (More than a year)

    Pros

    Great salary and great learning experience in the mortgage industry. Solid career opportunity, good compensation and benefits with a happy work life and balance.

    Cons

    dysfunctional senior management, rocky culture and values. laid offs - poor management


  2. Processor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Processor in Fort Washington, PA
    Current Employee - Processor in Fort Washington, PA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Working overtime is a bonus

    Cons

    Managment does not care about your personal life

    Advice to Management

    Your employees are people so threat them like humans not animals


  3. MLO

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Loan Officer in Raleigh, NC
    Former Employee - Mortgage Loan Officer in Raleigh, NC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Ditech full-time (Less than a year)

    Pros

    Great Benefits, Helpful support staff.

    Cons

    Limited product line. Meetings about a meeting and then another meeting. Time wasting meetings with round robin dicussions. Pay is low for the industry, subpar income potential with low commission scale.

    Advice to Management

    Lets have a meeting about no more meetings. Pay for top MLO and less time wasting. Work on your service departtment staff's client interaction. Read some reviews and make changes to improve customer's experience with mortgage service department.


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  5. great if you have a book of business don't fresh start it here.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Loan Officer in Scottsdale, AZ
    Former Employee - Mortgage Loan Officer in Scottsdale, AZ
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Ditech full-time (Less than a year)

    Pros

    great life and work balance

    Cons

    you need a book of business no leads provided.


  6. good but stunted growth

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Firmware Engineer in Mountain View, CA
    Current Employee - Firmware Engineer in Mountain View, CA
    Approves of CEO

    Pros

    flexible work hours,friendly coworkers. The atmosphere is relaxed and pressure is high only when occasion demands it. Good human resource

    Cons

    stunted work variety,salary raises non existent or miniscule. Lately not much room for fun because of cost cutting. No sense of direction in the way company wants to carve its niche.

    Advice to Management

    Its important that directions are chosen carefully and stuck with. Changing them too frequently only makes matter worse.Otherwise a good management.


  7. Good place to stick around for a 9-5 job

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Mountain View, CA
    Current Employee - Anonymous Employee in Mountain View, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Just a job. Easy work. No challenge

    Cons

    No career growth waht so ever


  8. Confused mgmt

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Mountain View, CA
    Former Employee - Anonymous Employee in Mountain View, CA
    Doesn't Recommend

    Pros

    Colleagues were very good at DITC

    Cons

    Total chaos at mgmt level

    Advice to Management

    Very chaotic management. You need to figure out what you want the company needs to do


  9. Ditech - Excellent benefits

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Ditech full-time (More than 10 years)

    Pros

    Excellent benefits. Wide variety of work. Cutting edge technology. Huge potential. Flexible hours. Family friendly. Great camaraderie among employees. Small company - everybody knows everybody else.

    Cons

    Stock going nowhere. Management absent. Employees not motivated enough. Employees feel exploited by upper management. Excessive regulations for a small company.

    Advice to Management

    Need to loosen up more in terms of employee compensation. More honest assessment of where company is going. Inculcate start up mentality with stock options and other bonuses. Company can only succeed if employees give 150% consistently.


  10. A great place to learn the small things about a software project, but growing isn't a option.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineering in Porto Alegre, Rio Grande do Sul (Brazil)
    Current Employee - Software Engineering in Porto Alegre, Rio Grande do Sul (Brazil)
    Doesn't Recommend
    Negative Outlook

    I have been working at Ditech full-time (More than a year)

    Pros

    Great people work there, you could make some good friends.

    Cons

    They are in the XX century yet. No agile methods, big documentation papers and too much departmentalism.

    Advice to Management

    Study more the news things that appear without fear of failures.


  11. Great opportunity for professional training

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Bologna (Italy)
    Current Employee - Anonymous Employee in Bologna (Italy)
    Recommends
    No opinion of CEO

    Pros

    great variety of project types, a lot of Customers to work with, numerous business units for job rotation, excellent work environment

    Cons

    too flat organizational structure, probably due to small dimension business and customers on all italian territory determine to much trips

    Advice to Management

    apply increase delegation, give more attentions to employees, use more equity and transparency in promotions and benefits assigned to each



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