Ditech Financial Reviews | Glassdoor

Ditech Financial Reviews

Updated November 15, 2017
185 reviews

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3.0
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Tony Renzi
63 Ratings

185 Employee Reviews

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Pros
  • Colleagues and casual dress code made working there great (in 14 reviews)

  • They are increasing their number of work from home positions which allow for wonderful flexibility and a good work/life balance (in 7 reviews)

Cons
More Pros and Cons

  1. "Going through bankruptcy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Dallas, TX
    Current Employee - Manager in Dallas, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Ditech Financial full-time (More than 5 years)

    Pros

    Good benefits and work/life balance

    Cons

    Leadership is constantly changing and not true to core values

    Advice to Management

    Get it together and invest in your employees.


  2. "Flexible work life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Systems Analyst in Saint Paul, MN
    Current Employee - Business Systems Analyst in Saint Paul, MN
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Ditech Financial full-time (More than 3 years)

    Pros

    Flexible work life balance with remote.

    Cons

    Knowledge retention is low due to low compensation.

    Advice to Management

    Retain knowledgeable people.

  3. "Default Services Supervisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Default Services Supervisor in Irving, TX
    Former Employee - Default Services Supervisor in Irving, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Ditech Financial full-time (More than 3 years)

    Pros

    My manager was open to all ideas

    Cons

    Poor oversight from upper management
    HR was over sensitive to staff, made it difficult to properly address staff issues
    Improper management of system changes and overall process improvements
    Minimal accountability
    Poor Loss Mitigation training

    Advice to Management

    Actions speak louder than words. Proper oversight is effective and necessary for the overall health of an organization. When putting new processes or systems in place be sure to have the input from the correct audience in order to avoid endless revisions. Use the reporting provided to hold staff and management accountable for their performance or lack there of. Centralize and improve training efforts so that all affected employees receive the same training and tools.


  4. "good company, bad industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Loan Officer in Fort Washington, PA
    Current Employee - Mortgage Loan Officer in Fort Washington, PA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Ditech Financial (More than 5 years)

    Pros

    good money, somewhat relaxed as long as you were good, if you werent good at selling it could be a short career

    Cons

    the con isnt about the company, its the industry. we are views as one step above used car salesmen, even though its not the case. rates fluctuate and being in a job that is 100% commission, you have to be prepared for making $20,000 one month and $50 the next.


  5. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Fort Washington, PA
    Current Employee - Manager in Fort Washington, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great office environment, benefits, and there are a lot of career opportunities.

    Cons

    We've had our share of challenges, but the future is bright.

    Advice to Management

    Keep up the communication and town hall meetings.


  6. "Exec Asst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in Tempe, AZ
    Current Employee - Executive Assistant in Tempe, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ditech Financial full-time (More than 5 years)

    Pros

    Great relaxed office environment, benefits, and there are a lot of career opportunities

    Cons

    As with any company, there are things that can be improved on. But there are by far more pros than cons


  7. "Join Ditech and make a difference!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ditech Financial full-time

    Pros

    Tony Renzi, honest communicator and employee engaged. Within my department managers make you feel like you make a difference. We are a diverse team that work hard and have fun too! Lots of company and departmental events. Ditech is a great place to start your career, build your knowledge and make a difference!

    Cons

    Lower level managers don't share the same enthusiasm as middle and executive managers do. As an average employee you want your manager to keep you enthused about your job/company. Some managers are a bit remiss in there leadership.

    Advice to Management

    Please continue the keep the communication lines open with employees, We appreciate it more than you know.

  8. "Ditech Financial company review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Operations in Rapid City, SD
    Current Employee - Vice President Operations in Rapid City, SD
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Challenging work that makes a difference to our customers, employees, and investors. Transparency about the challenges facing the company and the work required to turn things around.

    Cons

    Although we are on the right path there are still significant challenges ahead.


  9. "Team work at its best!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Office Manager/Executive Assistant in Rapid City, SD
    Current Employee - Office Manager/Executive Assistant in Rapid City, SD
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    My co-workers are like family to me. A great place to obtain knowledge and grow and with the company.

    Cons

    The housing industry isn't stable

    Advice to Management

    Listen to your staff and follow thru


  10. "friendly, hard-working people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Fort Washington, PA
    Current Employee - Anonymous Employee in Fort Washington, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    competitive pay, long-term employees, strong leadership, on the upswing as a market leader

    Cons

    working to shed legacy business takes time


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