CORRESPONDENT FUNDING

COMPETITIVE EDGE

ditech Delivers Value

n Proven operations delivery platform with over 15 years experience

n Full suite of delivery options:- Rate Sheet Forwards- Live Trades- Bulk MSR Acquisitions- AOT- ditech’s Bulk Bidding in Eligibility Tool

n Online comprehensive training curriculum for client development

n Maximize warehouse utilization with average funding turn time of less than a week. Turn times available on our web site.

Deal Making

n Delisted Property must be canceled prior to note date

n 97% LTV available for Fannie Mae & HomeReady™ products- 100% can be gifted (Primary and Single Family excluding High Balance Loans)- HomeReady also allows Non Traditional Credit, Cash on Hand, Community Seconds and LPMI

CL-CE-0117

Broad Range of Solutions

Capital Market Expertise

Consistent Market Presence by Mortgage Professionals

n Qualify HELOCs based on existing balance and payment per credit report

n Delayed Purchase Program to replenish buyer’s cash investment

n Not required to deduct unreimbursed business expenses if your borrower is a W2 employee

n Manufactured Housing existing construction permitted for FHA, VA & Conforming loans

n 620 minimum credit score for conforming loans, with DU Approve Eligible

n Annual amortization on conforming, FHA and VA (Conforming & VA 10-30 year terms / FHA 5-30 year terms)

n Full escrow waivers for .125 in price with insurance waivers at no cost (80% LTV max)

n HPML— Qualified Mortgages for loan purchase consideration that fall into the Rebuttable Presumption

n Same day pricing for conforming product switch - use original rate sheet

n Deliver credit and closing file by delivery expiration date with trailing original note

n Pay off revolving debt to qualify — conforming Loans

n Conforming Loans — Construction to Permanent now uses appraised value regardless of the length of time the borrower has been on title- For cash-out transaction, the borrower must

be on title at least six months

See the back for ditech’s Competitive Edge…

Contact your Sales Director today for more information:

This information is being distributed to mortgage professionals and business entities only. It may not be distributed to consumers or used in any solicitation or advertisement for a mortgage loan, in whole or in part.

Ditech Financial LLC, 1400 Landmark Towers, 345 St. Peter Street, St. Paul, MN 55102; 1555 W. Walnut Hill Lane, Suite 100, Irving TX,75038; (800-423-9527). NMLS ID #1057. Arizona Mortgage Banker License #BK 0905674; Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act; Loans made or arranged under a California Finance Lenders Law license; Colorado Responsible Party: Ditech Financial LLC, 800-423-9527; Georgia Residential Mortgage Licensee License #7220; Illinois Residential Mortgage Licensee; Massachusetts Mortgage Lender License #ML1057; Minnesota: This is not an offer to enter into an agreement, which offer may only be made pursuant to Minn. Stat. § 47.206 Subd. 3 and 4.; Mississippi Licensed Mortgage Company; Licensed by the N.J. Department of Banking and Insurance; New York: Licensed as a debt collection agency by the New York City Department of Consumer Affairs, License #1325554; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850171.000; Rhode Island: License types include Lender, Small Loan Lender, and Third-Party Loan Servicer; Virginia: NMLS ID #1057 (www.nmlsconsumeraccess.org). ditech does not originate mortgage loans in New York. Limited product availability in West Virginia.

©2017 Ditech Financial LLC

Competitive Edge

n USDA – for delegated correspondents great alternative to FHA, Min 581 FICO, No max DTI with GUS Accept/Eligible- Lower Guarantee Fee effective October 1, 2017

n Freddie Mac Only Product (use when you need to follow Freddie Guides with MINIMAL OVERLAYS) - Qualify using future income up to 90 days - 90% LTV streamline condos - No max DTI (with LP Accept) - Cash-out allowed for owner-occupied property (1-4) delisted within the past 6 months - Follow LP Accept/Streamline guides for

documentation- Assets permitted to be used as income

n Underwriting service provided to delegated clientsn Fannie Mae product allows up to 10 financed

properties when the subject property is a second home or investment property, no maximum if a primary residence

n Full Condo Warranty review available n LPMI – ditech Paid MI —no annual or monthly

premiums on CD (QM Friendly)n No maximum DTI on conforming loans with

DU Approval or LP Accept (LP Freddie Only)n Stocks, bonds and mutual funds are now valued at

100% for asset calculationn PIW permitted (Fannie Mae only, see restrictions

in product matrices)n Texas Equityn DU Refi Plus — No max LTV/CLTVn Many Government Loan Programs available such as

FHA Streamline Refinance & VA IRRLsn DPA reviews no longer require loan number to initiaten No DTI limit with positive AUS findings on conforming and government loans

n Jumbo Products

- Choose your own AMC

- Available as both Fixed & ARM products

- 1 day off the market permitted

- No payment shock or prior housing payment required

- Open to First Time Home Buyers

n Home Equity Piggyback Product

- 30 year term available

- Maximum 95% CLTV

- Loan must be underwritten by ditech

- Compared to MI the combo payment maybe lower

- Second mortgage is tax deductible

- Borrower should consult tax advisor

- Can be used a jumbo bustern FHA Non-Credit Qualifying Streamline Refinance

- No minimum FICO for same-servicer loans & 580 for Non-Same servicer loans

n VA IRRRL — non same servicer — LTV 105%, AVM accepted; same servicer, no appraisal required

n FHA & VA FICO scores starting at 580n No overlay on conversion of primary residence

to investment property and can include that as income for qualifying purposes

n ditech permits the use of W2 transcripts in lieu of actual W2 for non-self employed borrower

n Fannie Mae High Balance mortgage available up to 95% LTVn Mortgage Credit Certificates - now being accepted on Conforming, FHA & VA loans.