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 *

Phoenix Investment Adviser LLC

2. Date of Event Requiring Statement (MM/DD/YYYY)
2/12/2018 

3. Issuer Name and Ticker or Trading Symbol

DITECH HOLDING Corp [DHCP]

(Last)        (First)        (Middle)

420 LEXINGTON AVE, SUITE 2040

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

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

(Street)

NEW YORK, NY 10170       

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

2/14/2018 

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

_ X _ Form filed by One Reporting Person
___ 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, $0.01 Par Value per Share   5689   I   JLP Partners Master Fund LP  
Common Stock, $0.01 Par Value per Share   524721   I   JLP Credit Opportunity Master Fund Ltd  
Common Stock, $0.01 Par Value per Share   111894   I   Mercer Investment Fund  
Common Stock, $0.01 Par Value per Share   49616   I   JLP Credit Opportunity IDF Series Interests of the SALI Multi-Series Fund LP  

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 Warrants   2/12/2018   2/9/2028   Common Stock, $0.01 Par Value per Share   9692   $20.63   I   JLP Partners Master Fund LP  
Series A Warrants   2/12/2018   2/9/2028   Common Stock, $0.01 Par Value per Share   893971   $20.63   I   JLP Credit Opportunity Master Fund Ltd  
Series A Warrants   2/12/2018   2/9/2028   Common Stock, $0.01 Par Value per Share   190635   $20.63   I   Mercer Investment Fund  
Series A Warrants   2/12/2018   2/9/2028   Common Stock, $0.01 Par Value per Share   84531   $20.63   I   JLP Credit Opportunity IDF Series Interests of the SALI Multi-Series Fund LP  
Series B Warrants   2/12/2018   2/9/2028   Common Stock, $0.01 Par Value per Share   7690   $28.25   I   JLP Partners Master Fund LP  
Series B Warrants   2/12/2018   2/9/2028   Common Stock, $0.01 Par Value per Share   709347   $28.25   I   JLP Credit Opportunity Master Fund Ltd  
Series B Warrants   2/12/2018   2/9/2028   Common Stock, $0.01 Par Value per Share   151265   $28.25   I   Mercer Investment Fund  
Series B Warrants   2/12/2018   2/9/2028   Common Stock, $0.01 Par Value per Share   67073   $28.25   I   JLP Credit Opportunity IDF Series Interests of the SALI Multi-Series Fund LP  
Mandatorily Convertible Preferred   2/9/2018   2/9/2023   Common Stock, $0.01 Par Value per Share   356307     (1) I   JLP Credit Opportunity Master Fund Ltd  
Mandatorily Convertible Preferred   2/9/2018   2/9/2023   Common Stock, $0.01 Par Value per Share   100833     (1) I   Mercer Investment Fund  
Mandatorily Convertible Preferred   2/9/2018   2/9/2023   Common Stock, $0.01 Par Value per Share   48749     (1) I   JLP Credit Opportunity IDF Series Interests of the SALI Multi-Series Fund LP  

Explanation of Responses:
(1)  Convertible based upon a conversion multiple of 114.9750 as disclosed in Exhibit 3.1 to the Issuer's Form 8-K filed on February 13, 2018. The reporting person's original Form 3 used a conversion multiple of 144.9750 as disclosed in Exhibit 3.1 to the Issuer's Form 8-K filed on February 9, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Phoenix Investment Adviser LLC
420 LEXINGTON AVE
SUITE 2040
NEW YORK, NY 10170

X


Signatures
/s/ Jeffrey Peskind, Managing Member 2/21/2018
** 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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