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Full title: Status Report / Notice of Filing of Twelfth Monthly Report Regarding Unclaimed Borrower Funds Filed by Sunny Singh on behalf of Ditech Holding Corporation. (Singh, Sunny)

Document posted on Jan 6, 2022 in the bankruptcy, 8 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

PLEASE TAKE NOTICE that on January 12, 2021, the Court entered the Order Granting Motion of Plan Administrator for Entry of Order in Aid of Execution of Third Amended Joint Chapter 11 Plan of Ditech Holding Corporation and Its Affiliated Debtors (I)The Wind Down Estates, along with the last four digits of their federal tax identification number, as applicable, are Ditech Holding Corporation (0486); DF Insurance Agency LLC (6918);Ditech Financial LLC (5868); Green Tree Credit LLC (5864); Green Tree Credit Solutions LLC (1565); Green Tree Insurance Agency of Nevada, Inc. (7331); Green Tree Investment Holdings III LLC (1008); Green Tree Servicing Corp. (3552); Marix Servicing LLC (6101); Walter Management Holding Company LLC (9818); and Walter Reverse Acquisition LLC (8837).On August 9, 2021, the Court entered the Order in Aid of Execution of Third Amended Joint Chapter 11 Plan of Ditech Holding Corporation and its Affiliated Debtors (I)On December 22, 2021, the Court entered the Order in Aid of Execution of Third Amended Joint Chapter 11 Plan of Ditech Holding Corporation and its Affiliated Debtors (I)

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WEIL, GOTSHAL & MANGES LLP 767 Fifth Avenue New York, New York 10153 Telephone: (212) 310-8000 Facsimile: (212) 310-8007 Ray C. Schrock, P.C. Richard W. Slack Sunny Singh Attorneys for Plan Administrator and Wind Down Estates UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------------- X In re : Chapter 11 : DITECH HOLDING CORPORATION, et al., : Case No. 19-10412 (JLG) : Debtors.1 : (Jointly Administered) --------------------------------------------------------------- X NOTICE OF FILING OF TWELFTH MONTHLY REPORT REGARDING UNCLAIMED BORROWER FUNDS PLEASE TAKE NOTICE that on January 12, 2021, the Court entered the Order Granting Motion of Plan Administrator for Entry of Order in Aid of Execution of Third Amended Joint Chapter 11 Plan of Ditech Holding Corporation and Its Affiliated Debtors (I) Authorizing Plan Administrator to Return Unclaimed Borrower Funds to Ascertained Borrowers, if Any, (II) Establishing Procedures for Remaining Borrowers to Submit Requests for Return of Unclaimed Borrower Funds, (III) Establishing Special Deadline After Which Wind Down Estates 1 On September 26, 2019, the Court entered the Order Confirming Third Amended Joint Chapter 11 Plan of Ditech Holding Corporation and Its Affiliated Debtors (ECF No. 1404) (the “Confirmation Order”), which created the Wind Down Estates. The Wind Down Estates, along with the last four digits of their federal tax identification number, as applicable, are Ditech Holding Corporation (0486); DF Insurance Agency LLC (6918); Ditech Financial LLC (5868); Green Tree Credit LLC (5864); Green Tree Credit Solutions LLC (1565); Green Tree Insurance Agency of Nevada, Inc. (7331); Green Tree Investment Holdings III LLC (1008); Green Tree Servicing Corp. (3552); Marix Servicing LLC (6101); Walter Management Holding Company LLC (9818); and Walter Reverse Acquisition LLC (8837). The Wind Down Estates’ principal offices are located at 2600 South Shore Blvd., Suite 300, League City, TX 77573.

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Will Cease Efforts to Locate Borrowers and to Return Unclaimed Borrower Funds, and (IV) Granting Related Relief (ECF No. 3159) (the “Unclaimed Property Order”).2 PLEASE TAKE FURTHER NOTICE that, concurrently with the filing of this notice and in accordance with paragraph 14 of the Unclaimed Property Order, the Plan Administrator,3 on behalf of the Wind Down Estates, will provide the Participating State Agencies with the monthly status report annexed hereto as Exhibit A regarding the ongoing efforts undertaken by the Plan Administrator, on behalf of the Wind Down Estates, to return Unclaimed Borrower Funds to Borrowers. Dated: January 7, 2022 New York, New York /s/ Sunny Singh WEIL, GOTSHAL & MANGES LLP 767 Fifth Avenue New York, New York 10153 Telephone: (212) 310-8000 Facsimile: (212) 310-8007 Ray C. Schrock, P.C. Richard W. Slack Sunny Singh Attorneys for Plan Administrator and Wind Down Estates 2 On August 9, 2021, the Court entered the Order in Aid of Execution of Third Amended Joint Chapter 11 Plan of Ditech Holding Corporation and its Affiliated Debtors (I) Extending Unclaimed Borrower Funds Deadline and (II) Granting Related Relief (ECF No. 3602). On December 22, 2021, the Court entered the Order in Aid of Execution of Third Amended Joint Chapter 11 Plan of Ditech Holding Corporation and its Affiliated Debtors (I) Authorizing Second Extension of Unclaimed Borrower Funds Deadline and (II) Granting Related Relief (ECF No. 3830). 3 Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Unclaimed Property Order or the Confirmation Order, as applicable.

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Exhibit A

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    Initial Number of Remaining Borrowers and Amount Owed by State, at Inception 
Table 1 on page 4. Back to List of Tables
State Borrowers Check Value
Alabama 5,256 $1,738,572.69
Alaska 287 $181,472.16
Arizona 7,507 $3,240,265.01
Arkansas 1,749 $502,697.22
California 28,976 $15,028,411.10
Colorado 6,139 $3,476,999.49
Connecticut 2,291 $1,185,984.90
DC 467 $338,344.29
Delaware 862 $447,804.15
Florida 20,483 $10,971,575.35
Georgia 10,854 $3,853,591.73
Hawaii 981 $584,756.63
Idaho 1,566 $573,732.96
Illinois 9,342 $4,790,102.37
Indiana 4,652 $1,603,903.88
Iowa 1,256 $483,005.04
Kansas 1,880 $788,389.74
Kentucky 2,085 $695,408.67
Louisiana 4,310 $1,858,371.49
Maine 1,090 $389,791.70
Maryland 7,257 $3,032,079.93
Massachusetts 6,188 $2,804,791.65
Michigan 8,576 $3,581,100.76
Minnesota 3,625 $1,613,787.35
Mississippi 3,269 $868,581.44
Missouri 4,738 $1,861,927.45
    Initial Number of Remaining Borrowers and Amount Owed by State, at Inception     Initial Number of Remaining Borrowers and Amount Owed by State, at Inception  State  Borrowers  Check Value  State  Borrowers  Check Value   Alabama  5,256  $1,738,572.69   Montana  668  $256,322.97     Alaska  287  $181,472.16   Nebraska  734  $381,560.68     Arizona  7,507  $3,240,265.01   Nevada  3,313  $1,257,888.17    Arkansas  1,749  $502,697.22   New Hampshire  1,458  $755,965.87    California  28,976  $15,028,411.10   New Jersey  5,413  $3,629,185.18    Colorado  6,139  $3,476,999.49   New Mexico  1,811  $623,999.59    Connecticut  2,291  $1,185,984.90   New York  8,141  $4,057,172.72    DC  467  $338,344.29   North Carolina  8,496  $3,282,643.50    Delaware  862  $447,804.15   North Dakota  178  $64,703.49    Florida  20,483  $10,971,575.35   Ohio  17,093  $2,813,876.35    Georgia  10,854  $3,853,591.73   Oklahoma  2,625  $996,619.58    Hawaii  981  $584,756.63   Oregon  2,292  $1,468,909.11     Idaho  1,566  $573,732.96   Pennsylvania  6,580  $3,103,589.52    Illinois  9,342  $4,790,102.37   Rhode Island  665  $323,439.58  Indiana  4,652  $1,603,903.88   South Carolina  5,294  $1,726,158.45  Iowa  1,256  $483,005.04   South Dakota  292  $102,360.56     Kansas  1,880  $788,389.74   Tennessee  5,295  $1,808,427.27    Kentucky  2,085  $695,408.67   Texas  19,099  $9,255,971.58    Louisiana  4,310  $1,858,371.49   Utah  2,944  $1,226,311.48    Maine  1,090  $389,791.70   Vermont  407  $173,671.20     Maryland  7,257  $3,032,079.93   Virginia  7,055  $3,269,960.66    Massachusetts  6,188  $2,804,791.65   Washington  4,763  $2,802,743.91    Michigan  8,576  $3,581,100.76   West Virginia  1,038  $230,142.63    Minnesota  3,625  $1,613,787.35   Wisconsin  3,712  $1,289,246.76    Mississippi  3,269  $868,581.44   Wyoming  503  $212,925.79    Missouri  4,738  $1,861,927.45   International  710  $450,486.58             Total  256,265  $112,059,732.33        
Table 2 on page 4. Back to List of Tables
State Borrowers Check Value
Alabama 5,256 $1,738,572.69
Alaska 287 $181,472.16
Arizona 7,507 $3,240,265.01
Arkansas 1,749 $502,697.22
California 28,976 $15,028,411.10
Colorado 6,139 $3,476,999.49
Connecticut 2,291 $1,185,984.90
DC 467 $338,344.29
Delaware 862 $447,804.15
Florida 20,483 $10,971,575.35
Georgia 10,854 $3,853,591.73
Hawaii 981 $584,756.63
Idaho 1,566 $573,732.96
Illinois 9,342 $4,790,102.37
Indiana 4,652 $1,603,903.88
Iowa 1,256 $483,005.04
Kansas 1,880 $788,389.74
Kentucky 2,085 $695,408.67
Louisiana 4,310 $1,858,371.49
Maine 1,090 $389,791.70
Maryland 7,257 $3,032,079.93
Massachusetts 6,188 $2,804,791.65
Michigan 8,576 $3,581,100.76
Minnesota 3,625 $1,613,787.35
Mississippi 3,269 $868,581.44
Missouri 4,738 $1,861,927.45
   

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    Number of Checks Mailed and Amount, by State  January 2021 through December 2021 
Table 1 on page 5. Back to List of Tables
State Borrowers Check Value
Alabama 5,320 $2,372,513.84
Alaska 367 $256,277.81
Arizona 9,261 $4,720,577.54
Arkansas 1,585 $767,564.45
California 26,734 $20,082,433.05
Colorado 7,057 $4,930,296.31
Connecticut 2,529 $1,610,416.53
DC 505 $412,522.26
Delaware 906 $676,206.05
Florida 21,711 $15,031,226.85
Georgia 9,025 $5,309,391.39
Hawaii 1,241 $848,721.98
Idaho 1,713 $863,894.09
Illinois 9,919 $6,392,467.90
Indiana 5,162 $2,189,340.20
Iowa 1,427 $696,955.30
Kansas 1,943 $1,127,634.81
Kentucky 1,995 $988,145.21
Louisiana 3,837 $2,463,073.91
Maine 1,055 $553,351.89
Maryland 6,849 $4,154,050.33
Massachusetts 6,494 $3,830,689.94
Michigan 8,640 $4,610,109.70
Minnesota 3,993 $2,076,895.45
Mississippi 2,225 $1,106,915.54
Missouri 4,904 $2,591,134.89
   

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    Number of Claim Forms Mailed and Amount, by State   January 2021 through December 2021 
Table 1 on page 6. Back to List of Tables
State Borrowers Check Value
Alabama 326 $210,655.53
Alaska 13 $17,371.98
Arizona 306 $228,932.24
Arkansas 132 $81,401.93
California 2,240 $2,330,139.41
Colorado 243 $247,889.33
Connecticut 121 $155,141.87
DC 26 $47,810.52
Delaware 42 $51,840.27
Florida 1,825 $2,053,338.34
Georgia 494 $393,869.76
Hawaii 55 $91,698.42
Idaho 93 $58,079.50
Illinois 368 $434,246.01
Indiana 238 $104,024.63
Iowa 45 $41,364.83
Kansas 73 $66,448.59
Kentucky 99 $53,157.28
Louisiana 230 $321,990.92
Maine 41 $18,961.32
Maryland 236 $386,779.35
Massachusetts 245 $248,187.37
Michigan 701 $518,426.57
Minnesota 180 $148,765.06
Mississippi 186 $169,964.32
Missouri 252 $210,630.90
   

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    Number of Checks Cashed or Cleared and Amount, by State  January 2021 through December 2021 
Table 1 on page 7. Back to List of Tables
State Borrowers Check Value None State Borrowers
Alabama 2,943 $1,337,234.29 None Montana 445
Alaska 196 $135,658.53 None Nebraska 428
Arizona 5,008 $2,543,121.72 None Nevada 2,176
Arkansas 898 $423,641.02 None New Hampshire 957
California 14,267 $11,388,603.87 None New Jersey 3,721
Colorado 3,617 $2,553,019.13 None New Mexico 909
Connecticut 1,512 $944,458.58 None New York 4,581
DC 246 $194,507.24 None North Carolina 5,045
Delaware 493 $336,115.40 None North Dakota 112
Florida 12,671 $8,920,668.03 None Ohio 5,810
Georgia 5,078 $3,024,647.34 None Oklahoma 1,301
Hawaii 629 $417,998.11 None Oregon 1,335
Idaho 945 $494,606.91 None Pennsylvania 4,009
Illinois 5,631 $3,645,624.86 None Rhoda Island 436
Indiana 3,060 $1,322,501.59 None South Carolina 2,522
Iowa 824 $390,082.07 None South Dakota 147
Kansas 1,125 $630,005.03 None Tennessee 2,787
Kentucky 1,079 $534,269.72 None Texas 9,416
Louisiana 2,037 $1,353,906.33 None Utah 2,073
Maine 670 $343,434.32 None Vermont 231
Maryland 3,692 $2,334,981.20 None Virginia 4,416
Massachusetts 3,701 $2,238,090.16 None Washington 3,031
Michigan 5,097 $2,740,374.69 None West Virginia 483
Minnesota 2,450 $1,286,273.67 None Wisconsin 2,220
Mississippi 1,246 $660,176.85 None Wyoming 262
Missouri 2,631 $1,395,621.01 International 343
*Total 140,942
  *Includes $867,767.64 that the Plan Administrator confirmed through its records since the prior report were not due and owing to a Borrower.     

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    Remaining Borrowers and Amount of Remaining Unclaimed Borrower Funds by State, as of December 31, 2021 
Table 1 on page 8. Back to List of Tables
State Borrowers Check Value
Alabama 2,313 $401,338.40
Alaska 91 $45,813.63
Arizona 2,499 $697,143.29
Arkansas 851 $79,056.20
California 14,709 $3,639,807.23
Colorado 2,522 $923,980.36
Connecticut 779 $241,526.32
DC 221 $143,837.05
Delaware 369 $111,688.75
Florida 7,812 $2,050,907.32
Georgia 5,776 $828,944.39
Hawaii 352 $166,758.52
Idaho 621 $79,126.05
Illinois 3,711 $1,144,477.51
Indiana 1,592 $281,402.29
Iowa 432 $92,922.97
Kansas 755 $158,384.71
Kentucky 1,006 $161,138.95
Louisiana 2,273 $504,465.16
Maine 420 $46,357.38
Maryland 3,565 $697,098.73
Massachusetts 2,487 $566,701.49
Michigan 3,479 $840,726.07
Minnesota 1,175 $327,513.68
Mississippi 2,023 $208,404.59
Missouri 2,107 $466,306.44
    Remaining Borrowers and Amount of Remaining Unclaimed Borrower Funds by State, as of December 31, 2021     Remaining Borrowers and Amount of Remaining Unclaimed Borrower Funds by State, as of December 31, 2021  State  Borrowers  Check Value  State  Borrowers  Check Value   Alabama  2,313   $401,338.40     Montana  223   $28,820.39  Alaska  91   $45,813.63     Nebraska  306   $74,247.96   Arizona  2,499   $697,143.29     Nevada  1,137   $289,418.71  Arkansas  851   $79,056.20     New Hampshire  501   $150,578.70  California  14,709   $3,639,807.23     New Jersey  1,692   $757,407.95  Colorado  2,522   $923,980.36     New Mexico  902   $116,715.35  Connecticut  779   $241,526.32     New York  3,560   $743,804.77  DC  221   $143,837.05     North Carolina  3,451   $605,046.26  Delaware  369   $111,688.75     North Dakota  66   $1,197.68  Florida  7,812   $2,050,907.32     Ohio  11,283   $675,624.89  Georgia  5,776   $828,944.39     Oklahoma  1,324   $258,838.76  Hawaii  352   $166,758.52     Oregon  957   $281,376.08   Idaho  621   $79,126.05     Pennsylvania  2,571   $710,934.60  Illinois  3,711   $1,144,477.51   Rhoda Island  229   $64,100.60  Indiana  1,592   $281,402.29   South Carolina  2,772   $343,921.58  Iowa  432   $92,922.97     South Dakota  145   $25,646.74   Kansas  755   $158,384.71     Tennessee  2,508   $394,594.75  Kentucky  1,006   $161,138.95     Texas  9,683   $2,154,852.63  Louisiana  2,273   $504,465.16     Utah  871   $202,891.62  Maine  420   $46,357.38     Vermont  176   $25,671.86   Maryland  3,565   $697,098.73     Virginia  2,639   $663,987.92  Massachusetts  2,487   $566,701.49     Washington  1,732   $547,200.76  Michigan  3,479   $840,726.07     West Virginia  555   $49,488.62  Minnesota  1,175   $327,513.68     Wisconsin  1,492   $276,581.63  Mississippi  2,023   $208,404.59     Wyoming  241   $54,064.61  Missouri  2,107   $466,306.44     International  367   $107,365.77             Total  115,323   $24,510,208.67    
Table 2 on page 8. Back to List of Tables
State Borrowers Check Value
Alabama 2,313 $401,338.40
Alaska 91 $45,813.63
Arizona 2,499 $697,143.29
Arkansas 851 $79,056.20
California 14,709 $3,639,807.23
Colorado 2,522 $923,980.36
Connecticut 779 $241,526.32
DC 221 $143,837.05
Delaware 369 $111,688.75
Florida 7,812 $2,050,907.32
Georgia 5,776 $828,944.39
Hawaii 352 $166,758.52
Idaho 621 $79,126.05
Illinois 3,711 $1,144,477.51
Indiana 1,592 $281,402.29
Iowa 432 $92,922.97
Kansas 755 $158,384.71
Kentucky 1,006 $161,138.95
Louisiana 2,273 $504,465.16
Maine 420 $46,357.38
Maryland 3,565 $697,098.73
Massachusetts 2,487 $566,701.49
Michigan 3,479 $840,726.07
Minnesota 1,175 $327,513.68
Mississippi 2,023 $208,404.59
Missouri 2,107 $466,306.44
 

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