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SEC Filings

10-K
DITECH HOLDING CORP filed this Form 10-K on 04/16/2019
Entire Document
 

Glossary of Terms
This Glossary of Terms includes acronyms and defined terms that are used throughout this Annual Report on Form 10-K.
2013 Credit Agreement
Credit agreement entered into on December 19, 2013 among the Company, Credit Suisse AG, as administrative agent and collateral agent, the lenders from time to time party thereto and other parties thereto, as amended and restated on July 31, 2017
2013 Revolver
Senior secured revolving credit facility entered into on December 19, 2013, as amended
2013 Secured Credit Facilities
2013 Term Loan and 2013 Revolver, collectively
2013 Term Loan
Senior secured first lien term loan entered into on December 19, 2013, as amended
2017 Plan
2017 Omnibus Incentive Plan established by the Company on May 17, 2017
2018 Credit Agreement
Second Amended and Restated Credit Agreement entered into on February 9, 2018 (and as amended prior to the date hereof) among the Company, Credit Suisse AG, Cayman Islands Branch, as administrative agent and collateral agent, the lenders from time to time party thereto and other parties thereto, filed with the SEC as Exhibit 10.1 to the Registrant's Current Report on Form 8-K/A on February 12, 2018
2018 Plan
2018 Equity Incentive Plan established by the Company on March 23, 2018
2018 Term Loan
Approximately $1.16 billion senior secured first lien term loan borrowed on February 9, 2018 pursuant to the 2018 Credit Agreement
Adjusted EBITDA
Adjusted earnings before interest, taxes, depreciation and amortization, a non-GAAP financial measure; refer to Non-GAAP Financial Measures section under Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations for a complete description of this metric
APR
Annual percentage rate
Articles of Amendment and
Restatement
Amended and Restated Articles of Incorporation dated February 9, 2018, filed with the SEC as Exhibit 3.1 to Amendment No. 2 to the Registrant's Current Report on Form 8-K/A on February 13, 2018
Articles Supplementary
    Exhibit A to the Company's Articles of Amendment and Restatement, which contains the terms, rights and preferences of the Company's outstanding Mandatorily Convertible Preferred Stock
ASC 610
In February 2017, the FASB issued an accounting standards update that amends the guidance on derecognition of nonfinancial assets. The adoption of this guidance resulted in changes to the statement of financial position, including residential loans at amortized cost, net, other assets, accumulated deficit and accrued liabilities, under the modified retrospective adoption method. Refer to Note 1 for additional information.
Asset Coverage Ratio A
Asset Coverage Ratio A, as defined in the 2018 Credit Agreement, filed with the SEC as Exhibit 10.1 to the Registrant's Current Report on Form 8-K/A on February 12, 2018
Asset Coverage Ratio B
Asset Coverage Ratio B, as defined in the 2018 Credit Agreement, filed with the SEC as Exhibit 10.1 to the Registrant's Current Report on Form 8-K/A on February 12, 2018
Assurant
Assurant, Inc.
Bankruptcy Code
The United States Bankruptcy Code, 11 U.S.C. Section 101, et seq. as amended
Bankruptcy Court
The United States Bankruptcy Court for the Southern District of New York having jurisdiction over the WIMC Chapter 11 Case and the DHCP Chapter 11 Cases, and, to the extent of the withdrawal of any reference under 28 U.S.C. § 157, pursuant to 28 U.S.C. § 151, the United States District Court for the Southern District of New York
Borrowers
Borrowers under residential mortgage loans and installment obligors under residential retail installment agreements
Bps
Basis points
Bulk MSR
Bulk MSR as defined under the 2013 Credit Agreement
CCR
Corporate credit rating
CFPB
Consumer Financial Protection Bureau
Chapter 7
Chapter 7 of Title 11 of the Bankruptcy Code, which permits liquidation under the bankruptcy laws of the U.S.

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