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Ditech Financial

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Ditech Financial Reviews

3.1

32% would recommend to a friend

(366 total reviews)

Thomas Marano

27% approve of CEO

9% positive business outlook

Ditech Financial has an employee rating of 3.1 out of 5 stars, based on 366 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Ditech Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

366 reviews
1.0
17 Jul 2017
Recommend
CEO approval
Business outlook

Pros

People are nice to work with. There is a comradery, but mostly because of the shared misery. There are well meaning people who want to make things better but are not allowed.

Cons

Turnover is very high. People are fleeing in droves. There are zero dollars allocated for training and development. There is no career path. Innovation and new ideas are stifled by management who would rather maintain the status quo. Morale is at an all time low. IT dictates policy to the the business, instead of the business driving decisions and IT facilitating the success of the business, (you know, like what happens in thriving organizations.)

1.0
9 Jan 2016
Recommend
CEO approval
Business outlook

Pros

There's not many positives to comment on. The workflow is steady, so there is not much down time, keeping you busy and making the time pass.

Cons

Since the merge with Ditech this company has become an overall miserable place to work. Healthcare has doubled. PTO, including sick time and floating holidays is now accrued. So, the PTO that you were promised when you were hired, you now have to earn. Overall, becoming a Walter Investment Company has been a nightmare. Green Tree needs revival. On a side note, the turnover rate is insane. Mass firings and mass hirings. Also noteworthy, there is an extensive amount of racial tension.

2.0
24 Feb 2017

Titanic Already Sinking

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Exceptional compensation package, generous PTO, exceptional medical benefits. Your coworkers treat you like family.

Cons

The place has gone downhill. 3 CEOS in the past 2 years I've been there. They brought in McKinsey consultants who have destroyed moral, culture, and workforce. Extreme amounts of layoffs, and turnover. They layoff entire departments just to be able to pay the CEO and McKinsey million dollar bonuses. McKinsey makes a ton of projects and cut a ton of staff and has unrealistic expectations for completing these projects. They also moved their helpdesk offshore, which has become the joke of IT, IT support is a joke because of the offshore helpdesk. IT Management doesn't do anything to improve it, they just look the other way. Company culture is a fearful one where people are afraid to speak up for fear of losing their jobs.

Viewing 1 - 3 of 366 Reviews

Glassdoor has 379 Ditech Financial reviews submitted anonymously by Ditech Financial employees. Read employee reviews and ratings on Glassdoor to decide if Ditech Financial is right for you.