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Ditech Launches A Personalized Mortgage Point-Of-Sale System Powered By Tavant VΞLOX Platform

FORT WASHINGTON, PA., July 31, 2018 Ditech Holding Corporation (“Ditech” or the “Company”) (NYSE: DHCP) today announced that it has launched a highly personalized mortgage point-of-sale system, customized collaboratively by its in-house Innovation Lab and Tavant, and powered by VΞLOX, a leading digital lending platform. This system, which will provide a data-driven business platform, is expected to drive excellence in customer experience through streamlined business processes with intelligent automation, improved fulfillment efficiency, and overall digital simplification. “Our goal is to provide the best possible experience to our customers during the home buying process – one of the most important financial transactions of their lives. The launch of this new point-of-sale system is expected to help bring us closer to our customers so that we can better serve them,” said Ditech’s CEO and President, Tom Marano. “We have been extremely focused on transforming our organization’s customer experience through the adaptation of digital solutions that entice the next generation of borrowers, including Millennials and Generation Z. Our new system, built on the Tavant VΞLOX platform, is expected to allow for a harmonious, omni-channel experience that will drive trust with customers,” said Ritesh Chaturbedi, Ditech’s Chief Operating Officer. “This launch is a great win for Ditech and is a true testament to the success of the Innovation Lab.” The Company’s Innovation Lab is a team of tech experts who harness their talents in a start-up-like environment. The lab, which is part of Ditech’s Information Technology organization and is led by Ditech’s Chief Technology Officer Andrew Badstubner, provides the brain power that fuels the development of new, digital solutions designed to integrate processes and enhance customer experience. “The pervasiveness of technology is disrupting industries and changing the way we interact with our customers. At Ditech, we are focused on being at the forefront of technological innovation and delivering value to our customers and investors. We are transforming the way we do business by leveraging the latest technology platforms that help provide a superior experience for our customers. The Innovation Lab has worked tirelessly to improve our customers’ experience and this new portal is a direct result of that team’s commitment to streamlining the mortgage application process,” said Andrew Badstubner, Ditech’s Chief Technology Officer. The Tavant VΞLOX – powered point-of-sale system has been built on a common platform that allows for a seamless channel-, device- and interaction-agnostic experience across the loan lifecycle. Ditech’s new point-of-sale system extends beyond borrowers and loan officers and allows realtors, brokers, correspondent partners and even servicing – in short, implementation cycles – to access the platform. “Tavant is excited to partner with Ditech in an effort to provide a game-changing experience to customers and partners. The collaboration brought to life a system that is powered by VΞLOX and customized for Ditech’s needs based on customer journeys and workflows created by its Innovation Lab,” said Hassan Rashid, Chief Revenue Officer, Tavant. The Tavant VΞLOX platform is expected to help enable Ditech to realize the vision of providing an unparalleled experience for its customers, employees and business partners. It is an effort to provide hyper-personalized journeys that become a natural extension of the lending business’s digital engagement.  It is an extensible platform that is designed to provide business simplification through loan origination, fulfillment, and servicing, covering the total loan lifecycle. The platform is built to incorporate future technology advancements in areas of gamification, machine learning and voice interaction in an attempt to constantly provide an engaging interaction to Ditech’s customers. About Ditech Holding Corporation Ditech Holding is an independent servicer and originator of mortgage loans and servicer of reverse mortgage loans. Based in Fort Washington, Pennsylvania, the Company has approximately 3,700 employees and services a diverse loan portfolio. The information on the Company’s website is not a part of this release. Cautionary Statements Regarding Forward-Looking Information Certain statements in this press release constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical fact are forward-looking statements. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “anticipates,” “expects,” “designed,” “intends,” “plans,” “projects,” “estimates,” “assumes,” “may,” “should,” “could,” “would,” “shall,” “will,” “seeks,” “targets,” “future,” or other similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors, and our actual results, performance or achievements could differ materially from results, performance or achievements expressed in these forward-looking statements. These forward-looking statements are based on the Company’s current beliefs, intentions and expectations and are not guarantees or indicative of future performance, nor should any conclusions be drawn or assumptions be made as to any potential outcome of any initiatives the Company considers or seeks to implement. Important assumptions and other important factors that could cause actual results to differ materially from those forward-looking statements include, but are not limited to, those factors, risks and uncertainties described in more detail under the heading “Risk Factors” and elsewhere in the Company’s annual and quarterly reports, including amendments thereto, and other filings with the Securities and Exchange Commission. Media Contact: Kira Vanderwert Head of Investor Relations and Corporate Development, Ditech 813.421.7694 [email protected] About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Follow Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant Technologies 408.519.5400 [email protected] Reference: As appeared on PRNewsWire.com

Tavant Invited to Speak at Western Secondary Market Conference 2018

SANTA CLARA, Calif., July 18, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that it is exhibiting at the Western Secondary Market Conference, from July 16-18, 2018, San Francisco. Tavant will showcase impactful solutions that drive an AI-powered digital mortgage experience. Tavant is helping lenders to create an intelligent mortgage landscape by transforming multiple aspects of the mortgage lifecycle with its AI-powered digital mortgage solutions. At the conference, Tavant will demonstrate solutions that use machine learning and process automation techniques to bring a higher degree of loan fungibility in the secondary market. Mohammad Rashid, Tavant’s head of consumer lending practice will speak at the panel discussion titled ‘The Future of Mortgage Banking with Technology’ at Colonial Room, Westin St. Francis Hotel on Wednesday, July 18 at 9 a.m. “Evolving customer expectations, rapidly changing market condition, and increasing competition are driving mortgage lenders to invest more strategically in digital capabilities. Powered by the integration of robust AI and predictive analytics platforms, our mortgage solution transforms existing processes into a modern digital factory providing lenders a means to improve loan fungibility and best execution without sacrificing operational efficiency,” said Vibhor Mishra, Tavant’s head of marketing. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and a seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Meet Tavant at Booth #108 to know how AI-powered automation can drive digital experiences.  Email us at [email protected] to schedule a meeting. About Tavant Technologies Headquartered in Santa Clara, California, Tavant is a digital products and platforms company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs over 2500 people and is a recognized top employer. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies and improving collaboration. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI digital platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant Technologies on LinkedIn and Twitter.

ComplianceEase Announces Solution Integration with Tavant

July 17, 2018 ComplianceEase, a provider of automated compliance solutions, recently announced its ComplianceAnalyzer, 4506xpress and LicenseManager solutions are now integrated within Tavant VELOX product suite. Our integration with Tavant VELOX platform will provide borrowers with a more streamlined, digital experience and enable lenders to confidently close compliant loans faster,” ComplianceEase President John Vong said. The integrations aim to allow customers using the VELOX suite to securely audit loans for regulatory compliance violations, verify borrower income, and automatically verify mortgage loan originators, according to ComplianceEase. ComplianceAnalyzer checks for changes in terms and fees throughout the origination and closing processes and 4506xpress uses automation technology to streamline the income verification process. The company says LicenseManager automatically verifies NMLS IDs, state licenses, and federal registration, ensuring lenders and investors that every MLO is licensed and or registered in the National Mortgage Licensing System and Registry. The VELOX platform supplies data directly from the information source, enabling a simple end-to-end digital mortgage experience for the borrower. Therefore, allowing lenders to connect with mortgage-specific data and service vendors, according to ComplianceEase. “We’re pleased to partner with ComplianceEase to provide access to their risk management solutions,” Tavant Chief Revenue Officer Hassan Rashid said. “This significant partnership highlights the challenges of complying with ever-expanding regulations and the essential role that VELOX can play in alleviating these challenges.” Originally appeared on HousingWire.com

Tavant Launches Robust & Scalable Encompass Testing Shared Services

SANTA CLARA, Calif., June 18, 2018 Tavant, a leading digital products, and solutions company for the consumer lending industry, today announced the launch of its new testing offering, Encompass Testing Shared Services (ETSS) that will foster innovation and enable the company to deliver higher value. Tavant’s Encompass Testing Shared Services (ETSS) offers unparalleled agility, flexibility, and customization to reduce time, cost, and complexity. The solution includes an on-demand, multi-tenant model that provides a ‘pay-per-use’ approach for reducing scheduled maintenance costs and optimizing efforts while enabling greater operational agility. The company’s best practices combined with a large pool of skilled resources will boost the value offered by Encompass Testing Shared Services to its customers. On-demand services offer enterprises much-needed financial flexibility in the form of usage-based pricing. By switching to Encompass Testing Shared Services, these organizations can effectively eliminate quality issues before releasing new Encompass changes. “The need to bring newer products to the market quickly and frequently requires lending organizations to effect changes to Encompass at an unprecedented pace. To enable this, Tavant has released its Encompass Testing Shared Services offering that will provide lending organizations with experienced Encompass testers in a source-when-you-need and pay-as-you-go model. With a range of services that includes test automation, regression test setup, and end-to-end functional test setup, this unique delivery model provides a flexible approach combined with a world-class team of Encompass testing specialists to deliver the right mix of testing services you need,” observed Santosh Subramanian, Tavant’s head of testing practice. “In line with Tavant’s priority to provide value to customers, the Encompass Testing Shared Services model will drastically reduce the expenditure on Encompass change management, while increasing the quality and improving the maturity of application delivery. By transitioning testing activities to this model, organizations will be able to better leverage their Encompass admins and their end-users to design and implement Encompass changes faster,” Subramanian further substantiated. Find Tavant on LinkedIn and Twitter. Media Contact Vibhor Mishra Tavant +1-408-519-5400 [email protected]

Tavant to Exhibit at MBA’s Secondary Market Conference 2018

SANTA CLARA, Calif., May 18, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that it is exhibiting at the MBA’s National Secondary Market Conference & Expo, from May 20-23, 2018, New York. Tavant’s platform provides the ability to perform a single-click dual AUS call and automatically process the resultant findings. It increases productivity, operational efficiency, and leads to higher degrees of fungibility across the GSEs as well as best execution in the secondary markets.  The solution uses machine learning and process automation techniques to improve loan quality and provide a path of least resistance to loan sales. “Emerging technologies such as AI, automation, cognitive computing, and machine learning are transforming the mortgage space. Our next-gen solution transforms current mortgage production and servicing processes into a modern digital factory. We offer a true end-to-end digital process that delights consumers and gives mortgage companies a disruptive competitive advantage,” said Vibhor Mishra, Tavant’s head of marketing. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now digital with VΞLOX. Meet Tavant at Booth #110 to learn how smart processing, conditions management, and decisioning can help you improve loan fungibility and best execution without sacrificing operational efficiency. Email us at [email protected] to schedule a meeting. Find Tavant Technologies on LinkedIn and Twitter.

Tavant and Freddie Mac Team-Up to Provide Smart Decisioning Using One-Click Dual AUS Submissions

SANTA CLARA, Calif., May 17, 2018 Tavant, a leading digital products, and solutions company for the consumer lending industry, today announced that it is collaborating with Freddie Mac to launch a one-click submission of loan data to Loan Product Advisor®, the company’s automated underwriting systems (AUS), providing lenders a means to improve loan fungibility and best execution without sacrificing operational efficiency. This solution uses machine learning and process automation techniques to submit loan-data via a single click to both Freddie Mac and Fannie Mae, enabling lenders to see the full view of options available to their borrowers and ultimately leading to an improved borrower experience. In the first phase of the launch, Tavant will begin piloting this solution with four selected lenders leveraging the partnership to achieve best execution goals. “We are enabling mortgage lenders to thrive in the digital era. Our partnership with Freddie Mac will increase productivity, improve accuracy in the loan decisioning and underwriting process and reduce the overall origination cycle time. It provides intelligent support throughout the loan lifecycle and reduces the overall cost of loan origination,” said Hassan Rashid, CRO, Tavant. “Freddie Mac is excited about this partnership with Tavant. We have a shared vision of embracing and adapting new technologies such as machine learning and automation to empower our clients,” said Rick Lang, vice president of Freddie Mac’s Loan Advisor Suite® strategy and integration for the Single-Family business. “Lenders are looking for solutions that provide them with the loan origination options needed to more efficiently deliver a better borrower experience.” Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and a seamless omnichannel experience. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant +1-408-519-5400 [email protected]

Factual Data® Announces Credit Integration with Tavant VΞLOX Suite

LOVELAND, COLO. (PRWEB) MAY 10, 2018 Factual Data, one of the nation’s premier providers of credit and data validation services to the mortgage lending industry, is teaming with Tavant to provide comprehensive consumer credit history within Tavant VΞLOX – the leading AI-powered digital lending platform. Tavant VΞLOX suite provides mortgage applicants the ability to manage their borrowing experience seamlessly by entering their information on mobile or desktop devices and routing that information directly to a loan officer. Lenders will have the ability to integrate Factual Data’s industry-trusted borrower credit information into the loan profile through Tavant’s digital mortgage hub. For lenders, VΞLOX represents a single interface that engages consumers and lenders in an immersive experience, providing real-time status and process updates. “This collaboration provides customers with an easy and efficient process for seeking a mortgage,” said Factual Data President Jay Giesen. “It also benefits loan officers by quickly providing them with a rich set of credit data needed to make an informed decision.” “We are excited to partner with Factual Data as they look to help borrowers with one of life’s most important purchases. Factual Data and Tavant have a shared vision to bring a straightforward, more transparent digital lending experience to more borrowers than ever before,” said Tavant Vice President and Head of Consumer Lending Practice Mohammad Rashid. About Factual Data Factual Data is a trusted provider of credit, risk mitigation, flood, and verification services to the mortgage industry. Leveraging innovative technology and deep industry experience, Factual Data simplifies the mortgage lending process for its customers and their borrowers. For information, please call 800-275-3389 or visit http://www.factualdata.com. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI digital platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter. PRESS CONTACTS: Factual Data  Chris Horn (970) 619-7017 chorn(at)factualdata(dot)com Tavant Vibhor Mishra (408) 519-5400 [email protected] Note: As appeared on PRweb.com

Tavant and Ostmodern Announce Skylark Partnership as Part of Their Core Technology for Delivering Video Editorial Platforms

SANTA CLARA, Calif., May 8, 2018 Tavant and Ostmodern today announced a strategic partnership to deliver video editorial platforms for their mutual customers. Tavant and Ostmodern will work collaboratively to deploy, configure, and integrate best-in-class products into the Skylark platform, Ostmodern’s headless content management system, and build highly personalized front-end experiences. Skylark is Ostmodern’s chief product offering. Its multi-dimensional scheduling system gives customers unparalleled levels of control over their content, driving innovation in the broadcasting, sports, OTT and digital publishing sectors. Built on a robust API framework, it is designed specifically for rich media consumption across a range of platforms including web, mobile, TV, AR, and VR. “The increasing number of content owners, publishers, MPVD, and TV networks need a solution that combines the strengths of a traditional CMS and an OTT platform. Ostmodern’s technically progressive platform transcends these challenges, paving the way for fresh omnichannel media experiences,” said Ravi Peravali, head of Tavant’s media and entertainment practice. “Tavant’s deep understanding of the media industry and their mission to innovate and challenge traditional assumptions of platforms are a perfect fit for Ostmodern,” said Tom Williams, CEO of Ostmodern. Experts from Tavant and Ostmodern will be available at the Streaming Media East conference, May 8-9 in New York to discuss how this relationship can benefit their customers. Write to [email protected] or call (866) 9-TAVANT to schedule a meeting. Find Tavant on LinkedIn and Twitter. About Ostmodern Ostmodern is a creative technology company built on a foundation of design thinking. It is a leader in creating progressive digital media products in the entertainment and sports industries. With strong roots in design and broadcasting, it has developed unparalleled expertise in engaging and retaining audiences around the world. Skylark is driving innovation for companies such as Formula 1, BBC Worldwide, the British Film Institute and ITV Box Office. https://www.skylarkplatform.com/ Media Contacts: Tavant Vibhor Mishra Tavant +1 (408) 519-5400 [email protected] Ostmodern Stuart Ferreira-Cole, Commercial Director Ostmodern [email protected] Richard Amos, SVP Technology Ostmodern [email protected]

Genworth Mortgage Insurance’s New Website Wins Tech 100 Award

SANTA CLARA, Calif., May 1, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that the new Genworth Mortgage Insurance website, jointly developed by Genworth and Tavant, received the prestigious HousingWire Tech 100 award. The initiative accelerates Genworth’s digital transformation journey, leveraging technology to enhance its strong  customer service offerings and experiences. The new website, launched in the fall of 2017, seamlessly combines advanced cloud-based capabilities and deep insights from the company’s customers to maximize usability and user experience. Some key features include a visual pipeline tracking system, reduced data entry for quick and   easy submissions of mortgage insurance (MI) applications, and online MI activation. Adopting a design-centric approach to achieve business agility, the new design delivers elegant user interfaces and seamless, device-agnostic experiences with enhanced site search capabilities. “Our focus has been on building a digital experience that addresses the needs of our customers. We measured customer satisfaction with the new site, earning 4.7/5 on ease of use and 4.8/5 on performance, speed and efficiency,” stated Erika Martin, Genworth USMI’s Director of Customer Experience. “Our partnership with Tavant allowed an on-time and quality launch of the website. Their UX research and design expertise combined with deep mortgage technology experience enabled us to provide an exceptional customer experience resulting in high customer satisfaction scores,” she added. “We designed the entire system from the ground up to ensure that as the needs of Genworth’s users continue to change, their system can easily scale to meet those needs,” said Vibhor Mishra, Head of Marketing, Tavant. “Engaging Genworth’s customers in the website redesign significantly helped identify what users loved and wanted to retain from the old website, and what new features and improvements they expect from the new one.  And it enabled us to validate our design and functionality iteratively. We are delighted that the website has been recognized by HousingWire,” he concluded. Find Tavant on LinkedIn and Twitter. About Genworth Financial Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com. From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple  Syndication (RSS) feeds regarding new postings. Enrollment information is found under the “Investors” section of genworth.com. From time to time, Genworth’s publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth Mortgage Insurance Australia Limited, separately release financial and other information about their operations. This information can be found at http://www.genworth.com. Media Contacts: Vibhor Mishra: Tavant Technologies +1-408-519-5400 [email protected] Jennifer Abraczinskas Genworth Mortgage Insurance +1-919-870-2195 [email protected]