Ditech Holding Corporation filed joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on March 5, 2019. As per the plan filed, administrative expense claims, US Trustee fees, professional fee claims, priority tax claims and priority non tax claims, will be paid in full in cash. DIP claims of $3.8 billion shall be paid in full in cash upon the consummation of the sale transaction if the sale transaction occurs or refinanced in full in cash by the exit warehouse facilities if the reorganization transaction occurs. Other secured claims shall receive at the option of debtor cash in the amount of allowed claim or reinstatement of the claim or return of the applicable collateral in satisfaction of the allowed amount of such other secured claim. Term Loan Claims shall receive; if the sale transaction occurs, on the effective date, such holder’s pro rata share of net cash proceeds until all allowed term loan claims are satisfied in full in cash. If the Reorganization transaction occurs, on the effective date, such holder’s pro rata share of term loans under the amended and restated credit facility agreement; 100% of the new common stock; provided, that the new common stock shall be subject to dilution by the management incentive plan; and if applicable, the asset sale proceeds. Second Lien Notes Claims shall receive; If the sale transaction occurs, on the effective date, such holder’s pro rata share of net cash proceeds as such holders are entitled to under applicable non bankruptcy law (subject to the credit agreement) after the term loan claims are satisfied in full in cash, until all allowed second lien notes claims are satisfied in full. If the reorganization transaction occurs, holders of second lien notes claims shall not receive or retain any property under the plan on account of such claims. General Unsecured Claim shall receive; if the sale transaction occurs, on the effective date, such holder’s pro rata share of net cash after the term loan claims and second lien notes claims are satisfied in full in cash. If the reorganization transaction occurs, holders of General Unsecured Claim shall not receive or retain any property under the plan on account of such claims. Go-Forward Trade Claims shall receive, on the effective date or as soon as practicable thereafter, with a carve out from the collateral securing the term loan claims, distribution in cash in an amount equaling not less than a percentage of such holder’s claim to be identified in the solicitation documents, subject to an aggregate cap to be agreed to by the debtors and the requisite term lenders. All intercompany claims will be adjusted, continued, settled, reinstated, discharged, or eliminated as determined by the debtors. All Intercompany Interests shall be cancelled, reinstated, or receive such other treatment as determined by the Debtors. All Parent Equity Interests and Subordinated Securities Claims shall be deemed cancelled. The plan will be funded through cash in hand and sale of assets.