FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Deer Park Road Management Company, LP

2. Date of Event Requiring Statement (MM/DD/YYYY)
2/9/2018 

3. Issuer Name and Ticker or Trading Symbol

DITECH HOLDING Corp [DHCP]

(Last)        (First)        (Middle)

1195 BANGTAIL WAY

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

STEAMBOAT SPRINGS, CO 80487       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 		2. Amount of Securities Beneficially Owned
(Instr. 4) 		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 		4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   17538   I   See footnotes   (1) (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 		2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 		4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Warrant (right to buy)   2/9/2018   2/9/2028   Common Stock   29880   $20.63   I   See footnotes   (1) (2)
Series B Warrant (right to buy)   2/9/2018   2/9/2028   Common Stock   23709   $28.25   I   See footnotes   (1) (2)
Mandatorily Convertible Preferred Stock   2/9/2018   2/9/2023   (3) Common Stock   926353   (3) $8.6975   (3) I   See footnotes   (1) (2)

Explanation of Responses:
(1)  These shares of the Issuer's common stock ("Shares") are held for the account of STS Master Fund, Ltd. Deer Park Road Management Company, LP ("Deer Park") serves as investment adviser to STS Master Fund, Ltd.
(2)  Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Each of Deer Park Road Corporation ("DPRC") and AgateCreek LLC ("AgateCreek") is a member of DPRM. Michael David Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the sole owner of DPRC. Scott Edward Burg is the Chief Investment Officer of Deer Park and the sole member of AgateCreek. Each Reporting Person disclaims beneficial ownership of the Shares except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
(3)  Each share of Mandatorily Convertible Preferred Stock ("Preferred Stock") is convertible into 114.9750 Shares (i) at the election of the holder and (ii) as a class in its entirety, in whole but not in part, at the option of the holders of 66 2/3% of the Preferred Stock then outstanding. The Preferred Stock is also mandatorily convertible at the earliest of (i) February 9, 2023, (ii) at any time following February 9, 2019, the time that the volume weighted average pricing of the Shares exceeds 150% of the conversion price per Share for at least 45 trading days in a 60 consecutive trading day period, including each of the last 20 days in such 60 consecutive trading day period, and (iii) a change of control transaction in which the consideration paid or payable per Share is greater than or equal to $8.6975.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Deer Park Road Management Company, LP
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X

Deer Park Road Management GP, LLC
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X

Deer Park Road Corp
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X

Craig-Scheckman Michael David
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X

AgateCreek LLC
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X

Burg Scott Edward
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X


Signatures
Deer Park Road Management Company, LP, By: Deer Park Road Management GP, LLC its general partner, By: Deer Park Road Corporation, its managing member, By: /s/ Michael David Craig-Scheckman, Chief Executive Officer 2/20/2018
** Signature of Reporting Person Date

Deer Park Road Management GP, LLC, By: Deer Park Road Corporation, its managing member, By: /s/ Michael David Craig-Scheckman, Chief Executive Officer 2/20/2018
** Signature of Reporting Person Date

Deer Park Road Corporation, By: /s/ Michael David Craig-Scheckman, Chief Executive Officer 2/20/2018
** Signature of Reporting Person Date

/s/ Michael David Craig-Scheckman 2/20/2018
** Signature of Reporting Person Date

AgateCreek LLC, By: /s/ Scott Edward Burg, Sole Member 2/20/2018
** Signature of Reporting Person Date

/s/ Scott Edward Burg 2/20/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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