269 jobs cut at Ditech

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Ditech, the online direct mortgage company in Costa Mesa, may be on its last legs after GMAC announced today its was cutting 269 jobs there.

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Jeannine Bruin, a GMAC mortgage spokeswoman, said most of the workers affected are sales agents and back office personnel who support the Ditech brand.

Ditech will remain part of GMAC's mortgage business, Bruin said, but most of its activities will be moved to GMAC's mortgage operations headquarters in Fort Washington, Penn.

Bruin said about 20 to 30 workers will remain in Costa Mesa to support mortgage operations, servicing and some corporate functions including information technology and marketing.

http://economy.freedomblogging.com/2010/02/03/269-jobs-cut-at-ditech/26227/
 
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