Ditech Announces First Grand Prize Drawing of the 2016 Race Season for its Drive Down Your Mortgage(SM) Promotion

FORT WASHINGTON, Pa., April 14, 2016 -- Ditech Financial LLC (“Ditech”), a national lender and servicer of residential mortgage loans, today announced a grand prize winner of its “Drive Down Your Mortgage” sweepstakes. Following Stewart-Haas Racing driver Kevin Harvick’s Sprint Cup Series win at Phoenix International Raceway on March 13, 2016, Toni E. from Mississippi was selected in a random prize drawing as the first Grand Prize winner. She will receive a cash prize of $20,000.

Ditech’s Drive Down Your Mortgage promotion, launched on February 19, 2016, is tied to Harvick and the No. 4 Chevrolet SS, for whom Ditech is a primary sponsor. Each time Harvick wins a NASCAR Sprint Cup Series race during the 2016 racing season, Ditech will conduct a sweepstakes drawing for a cash prize of $20,000. The prize winner can use the $20,000 for any purpose they choose. No purchase or mortgage is required in order to be eligible to enter or win.

In addition to entering the sweepstakes, participants can also play an instant win game for a chance to win one of a variety of game prizes, including gift codes, key chains and 1:24 die casts of the No. 4 Ditech Chevrolet SS.

“As a proud sponsor of Kevin Harvick and Stewart-Haas Racing, we wanted to give our customers, as well as current and future homeowners, a fun way to learn about Ditech’s mission to help people achieve the American dream of financially sound home ownership,” said David Schneider, president of Ditech. “You don’t need to be a race fan to participate, but we think we will create some new fans – of both Ditech and Kevin – with the Drive Down Your Mortgage sweepstakes.”

To enter the sweepstakes, participants register online at ditechdrivedownyourmortgage.com. Once registered, they can sign in and enter once per day, every day until the promotion concludes. After each entry, they can also play the instant win game and find out immediately if they have won a prize.

The promotion continues through the remaining 30 eligible races in the NASCAR Sprint Cup Series. The next NASCAR Sprint Cup race will be held on April 17^th at Bristol Motor Speedway, where Ditech will be the primary sponsor of the No. 4 Chevrolet driven by Harvick. Both the sweepstakes and the instant win game began on February 19, 2016 and will end at 11:59 p.m. on November 21, 2016. For the Official Rules of the promotion and a list of qualifying races, please visit ditechracing.com.

About Ditech

Ditech Financial LLC (“Ditech”) makes financially sound homeownership possible for millions of customers.  Ditech is a well-known lender and servicer of residential mortgages.  With over 4,500 employees in locations across the U.S., the company provides residential mortgage products through a team of home loan specialists who are easily accessible by phone (1-800-700-9212) and online.  Additionally, Ditech’s Correspondent Lending Division partners with 600+ financial institutions nationwide.  Ditech is owned by Walter Investment Management Corp. (NYSE:WAC), a leading diversified mortgage banking firm.  For more information, please visit www.ditech.com. 

Contact:
Megan Keohane
Buchanan Public Relations
(610) 228-0404
[email protected]