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Ditech to Offer Customers Integrated Real Estate and Moving Services

Partners with TotalMove, Inc. to Offer “Ditech on the Move”

Costa Mesa, CA – July 18, 2007

Ditech, a nationwide provider of prime residential mortgage loans and financial services, is partnering with TotalMove, Inc. to provide Ditech customers with easy access to an existing network of real estate and moving services. The “Ditech on the Move” program is a free service for Ditech customers designed to guide them through every step of the moving and real estate process. Customers can research and compare realtor and moving services and choose the one that best meets their needs. They have the option of participating in the “Ditech on the Move” program at the time they originate their loan or they can choose to utilize the service at a later date.

"We chose TotalMove to implement this program because of its focus on high quality service, which is consistent with Ditech’s overall service delivery philosophy," said Frank Destra, managing director and senior vice president of national sales for Ditech. "Our partnership with TotalMove will enhance our borrowers’ experience and further differentiates Ditech from our competition.”

Founded in 2004, TotalMove provides realtor referral and moving services to consumers through custom acquisition and retention pre-mover programs. In addition to Ditech, TotalMove also serves other mortgage lenders, credit card issuers and affinity groups to help them cost effectively grow customer acquisition, improve customer retention, heighten brand loyalty, and provide savings and other benefits to their customers. 

"We believe the “Ditech on the Move” program is a real value-add for new and existing Ditech customers,” said Kevin Buckthorpe, president of TotalMove. "We are pleased that through our comprehensive marketing platform, TotalMove is able to provide a fully integrated program.”
 

About Ditech (www.ditech.com)
Founded in 1995, Ditech is a nationwide provider of mortgage loans and financial services driven by the belief that people are smart - and that they should be treated that way with smart products and services. Through an innovative online system, Ditech offers customers a variety of mortgage finance solutions, including first mortgages, refinancing, home equity loans, and equity lines of credit. As a business unit of real estate finance company GMAC ResCap (Residential Capital, LLC), Ditech provides customers with the security of working with one of America’s largest residential lenders. Ditech loan consultants are available by phone 24 hours a day, 7 days a week. This commitment to customer service coupled with world-class online capabilities enables Ditech customers to enjoy a superior experience and report among the highest levels of satisfaction. Ditech is based in Costa Mesa, Calif. and is a licensed mortgage lender as well as an Equal Housing lender.

About GMAC ResCap
Residential Capital, LLC (GMAC ResCap) is a leading real estate finance company, focused primarily on the residential real estate market in the United States, Canada, Europe, Latin America, and Australia. 

GMAC ResCap (http://www.gmacrescap.com) is an indirect wholly owned subsidiary of GMAC LLC (GMAC). GMAC is a global, diversified financial services company that operates in approximately 40 countries in automotive finance, real estate finance, insurance and commercial finance businesses. GMAC was established in 1919 and currently employs about 31,000 people worldwide. At Dec. 31, 2006, GMAC held more than $287 billion in assets and earned net income for 2006 of $2.1 billion on net revenue of $18.2 billion. For more information, please go to http://www.gmacfs.com.