what happened to greentree financial

I bought my mobile home Like in 1995 and I was kicked out of my mobile home Like in 2015. The district court granted a temporary restraining order ("TRO") prohibiting these named North American employees from taking, using, or disclosing documents from Conseco's loan files, and requiring the return of any information taken from Conseco's files. The most rude people of customer service, even the president or ceo a Mr Walter..I think. [7][17] The company will no longer provide nonprime mortgages. Find 1099 listings related to Greentree Financial in San Antonio on YP.com. [15], Ditech offers a range of home loan and refinance options. I sent cerified letter to the address Ive been sending my payment. Thus, because Conseco received a large compensatory award in this case-$3.5 million-in the "absence of extremely reprehensible conduct against the plaintiff or some special circumstance" the large exemplary award cannot stand unmodified. I quit answering the phone calls but saved all their numbers for later proof of their harassment. We paid one and half year extra. As such, it captured over 25 percent of that business by 1993. In May 2014, Ditech announced its re-entry to the national housing market after it disappeared from the marketplace for five years during the subprime mortgage crisis in the late 2000s. In arguing that the lead sheets are not "trade secrets," North American principally relies on Vigoro Indus., Inc. v. Cleveland Chem. Green Tree was so bad it was listed on CA Department of Business Oversight and under strict conditions as to how to handle mortgages. I am trying to get the deed/title to my home. Tempe, AZ 85283. Mortgage Brokers vs. Banks: Which Is Better? I need someone to get in contact with me any time after 4 pm to see if you can help me get the title. Greg and Kathleen Haley 12050 333rd Avenue Twin Lakes, WI 5381. In 2013 we fell on hard times. Must Convert Temporary Loan Mods into Permanent Ones. They tried to triple my mortgage payment when I paid what my mortgage payment actually was and had been for long time. [9][10], In February 2010, GMAC relocated ditech.com offices from Costa Mesa to Fort Washington, PA.[11] In May 2010, GMAC changed its name to Ally Financial. Fortunately, authorities were able to track the location of the call and . Green Tree Servicing. Given North American's failure to comply "with Rule 50, our review is limited to `whether the record reflects an absolute dearth of evidentiary support for the jury's verdict.'" CitiFinancial exited the servicing business in 2017. Readying correspondence to: FTC and others along with copies to EACH house member and Senate with original to President of USA. Today, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) ordered Green Tree Servicing to pay $48 million in borrower restitution along with a $15 million fine to the CFPB's Civil Penalty Fund. The most demeaning thing there is. (2) how will we as victims be contacted about a $$ settlement? It is apparent that North American developed the theory raised in their Rule 50(b) motion only after the jury's verdict because it (1) failed to object to the general-verdict form, (2) offered no jury instructions explaining Missouri's difficult proof standard for lost profits, and (3) made no substantive objection to the damage instruction. Show Transcript. In our review of the punitive damages award, the Supreme Court instructs us to consider three guideposts: (1) the degree of reprehensibility of the defendant's misconduct; (2) the disparity between the actual or potential harm suffered by the plaintiff and the punitive damages award; and (3) the difference between the punitive damages awarded by the jury and the civil penalties authorized or imposed in comparable cases.11 Gore, 517 U.S. at 575, 116 S. Ct. 1589 (1996). The factors to be considered include "the degree of malice or outrageousness of the defendant's conduct, aggravating and mitigating circumstances, the defendant's financial status, the character of both parties, the injury suffered, the defendant's standing or intelligence, and the relationship between the two parties." the combining form for plasma minus the clotting proteins is what happened to greentree financial We agree with the district court's observation that North American's "reprehensible" actions involved management, and were "widespread and systematic, spanning six or seven offices and involving numerous groups of employees." Working with you to see the big picture, tailoring advice driven by your priorities that can the n be addressed through a structured and consistent plan. Finally, Scott Bristol, a former area manager at Conseco's St. Charles, Missouri, office, testified that although he did not have personal knowledge that any loan originators working under him in St. Charles made copies of customer loan applications, it was possible that such copying did occur. Fed. Green Tree has been accused of a number of abuses, including not honoring loan modification programs, delaying short sale decisions, and charging customers convenience fees when paying their mortgages. 2004) (quoting Sanchez v. Puerto Rico Oil Co., 37 F.3d 712, 716 (1st Cir. They started charging me late fees, supposedly sent some investigator to check if I still lived in the home and charged me for the service even though I never had any contact with the person, never saw them and had no information it had been done. Since inception in 2013, New Residential has a proven track record of performance, growing and protecting the value of its assets while generating attractive risk-adjusted returns and delivering almost $3 billion in dividends to shareholders. What happened Greentree Mortgage? However, the record is clear that the district court repeatedly rejected Conseco's requests that it be allowed to introduce evidence of North American's discovery abuses. I was harassed and have $837 plus in late fees due to their shenanigans plus no telling how much interest was addressed to my balance. In support of this motion, Conseco identified three former employees that it alleged had misappropriated its trade secrets. Some of these former employees also expressed concern about Conseco's overall future financial performance. The 7am phone calls, they keep threatening me and my family. So disappointing! It is clear to us that Conseco derives economic benefit from this information. 966, 968 (E.D. More. By the end of August, Green Tree will be no more. Green Tree mortgage servicing company will pay $63 million to settle federal charges that it harmed homeowners with illegal loan servicing and debt collection practices. The company held sponsorships on Hendrick's part-time #44 car, as well as the #87 car on Busch Series level. Mambretti learned this fact through a phone call from a North American loan originator. We have been a victim of Green Tree / Ditech / Shellpoint abuse and excessive charge of fees. My lender told me that Green Tree Servicing still has 2nd lein on my property! Although Podner claims he made these copies in order to help a fellow employee make the transition to loan originator, Conseco provided evidence that would allow a reasonable finder of fact to determine that a threat of misappropriation existed with regard to these specific files. [23] Later that year, the company's forward mortgage servicing and originations business Ditech Finance LLC was acquired by New Residential Investment Corp. and their reverse mortgage business, Reverse Mortgage Solutions Inc., was acquired by Mortgage Assets Management LLC.[24]. We agree. In 2006, ditech.com general manager Michael McCarthy resigned and was replaced by Richard D. The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system. My credit score was above 780, with no late payments. 2003)). They told me if I did not leave my home the Sheriff would B there to put my things out in the snow. In 2010 I applied for a Making Home Affordable Plan and made every payment on time and earned the incentives. Filed complaints today with FTC, CFPB and the my State. Eventually we got word that our payments were not being accepted even with the money in our account, we were instructed to start sending payments in by purchasing through Walmart, which was additional funds. They first claimed they were not aware of this on time payment incentive from my original banks docs. Since Ditech filed bankruptcy, I wonder if my money even exists any longer. It was just a cycle. I had to call them while working and my coworkers heard then yelling & threatening me if I was late. The lies, over and over. 2d 809 (1996). The endless calls at all times of day and night being that sick, and I am making a long story very short. I have been terribly harassed and thousands of dollars in late fees and interest charges for the past 6 years only to get my loan transferred 2 other times to other loan companies without resolve. Pulse they put on my credit report that I was evicted. 1981); Hinkle v. Christensen, 733 F.2d 74, 76 (8th Cir. Ive been trying to get a short sale with Greentree since May of 2014. If Green Tree serviced your mortgage from 2010 to 2014, you might be due some compensation for alleged wrongdoings. While just being released from the hospital with diagnosis of stage 3 ovarian cancer, suffering from chemotherapy and not working not able to pay bills. North American management consented to the document duplication by its employees. After a few weeks they turned our account over to someone else and the same cycle. What is Ditech Financial phone number? CFN Investment Holdings will pay $700 million. The company's unusually aggressive collection methods and other business practices are in question. Greentree was started in 1999 and maintains three offices in Ft. Lauderdale, Florida, Charlotte, North Carolina and Guangzhou China. [15] The rep became short with me. Helping Clients With Custom Financing Options And Consulting Services, Greentree Offers Direct Financing And. what happened to greentree financial. 1994)). To insure the confidentiality of these lead sheets, Conseco requires all employees to sign a form that acknowledges their receipt and understanding of the contents of Conseco's Employee Handbook. Another time they lost my payments and threatened foreclosure again. This list included the names and phone numbers of these customers. North American also claims that these individual indiscretions do not amount to "corporate" wrongdoing by North American. Greed tree was billing me for the convenience fees to which I refused to pay so several times per day they would call and harass me for the convenience fees. Who do I need to contact to get additional info about this claim? You might be able to get more info by calling 1-877-FTC-HELP (1-877-382-4357). Conseco Inc., a major provider of life and health insurance, agreed to acquire Green Tree Financial Corp., a subprime-market lender best known for financing mobile-home purchases, in a stock. These documents contained information concerning Conseco's internal operations, including monthly retail point income reports generated by each Conseco office, reports ranking the retail volume by branch, reports of retail loans funded by region, financial summaries of each branch, expense ratio reports, expense analysis reports, expense analysis retail volume variance reports, and reports on credit insurance protection. A review of the record leaves us with no doubt that the jury had sufficient evidence before it (albeit conflicting evidence) to conclude that North American had engaged in unfair competition and caused damage to Conseco. Following the jury verdict, North American renewed its motion under Rule 50(b). James & Devern Robertson, I purchased a trailer didnt know the greentrees name was on the title and I still havent received the title and I need that title because I paid the trailer all anybody can help me please do so. The case involves employees leaving an agriculture supply business to join a competitor. I won foreclosure trial by non jury trial final judgement amended final judgement, ORDER: Foreclosure resolved, only issue is money damages and demand for jury trial, ORDER: Granted motion leave to file my counter claim. Told us to get out immediately they were so hateful would not help in any way at all. North American next argues that, even if the loan files and lead sheets are considered trade secrets, Conseco still "did not make a submissible case of either the fact of damages or the amount of damages." It purchased Lincoln Income Life Insurance Co. and Bankers National Life Insurance Co. for $32 million and $118 million, respectively. I previously was sending my mortgage payments to Ditech now Im currently sending the payments to Shellpoint Mortgage. [5][3] DiTech became a household name as a result of the commercials. Corp., 136 F.3d 276, 286 (2d Cir. of Mo., Inc., 162 F.3d 991, 998 (8th Cir. I called numerous times with no help into correction and emailed them only to get an automated email response that they received my email. Personally the FTC is probably a scam too. 417.453(4) (1995). We reverse and remand with directions to the trial court to enter judgment in the amount specified in the settlement agreement, plus postjudgment interest and costs. Now they are trying to steal my Personal Property from me. Please help! He even called my elderly parents and harassed them. Before MORRIS SHEPPARD ARNOLD, RICHARD S. ARNOLD, and SMITH, Circuit Judges. Allegheny County police said the shooting happened in the parking lot of the Unity. Sanchez, 37 F.3d at 723. I got mad, I never refinance my mortgage. And how does this company get away with this by changing their name constantly. Co., 333 F. Supp. Servicing Corp. v. North American Mortgage Co., 24 Fed.Appx. I would like to have my house back. These products are . My HAMP loan was sold to Greentree which is now Ditech. Galdieri-Ambrosini, 136 F.3d at 287. In some instances, the former Conseco office managers also took their staffs of loan originators with them to North American. Florida Office R. Chris Cottone Greentree Financial Group, Inc. 1000 S. Pine Island Road, Suite 210 Plantation, FL 33324 [3], Powers introduced "People Are Smart," an advertising campaign that leveraged GMAC's reputation as a responsible lender and stressed the importance of making prudent decisions based on expert advice provided by ditech.com loan consultants. My current mortgage service provider will not let me cancel the escrow account they set up because they are charging me 14 months taxes and insurance instead of 12 just in case it increases and I never get a refund of any excess money they collect and no idea where it goes. They been foreclosing on and now says owe over 49 thousand dollars due to missed payments then stopped taking my payments and sent my money orders stamped on back to me but call daily demanding full payment but told me only contact their lawyer that we got charged with! [3] The company's name was derived from the phrase direct technology.[3][4] DiTech became one of the first lenders to offer mortgages to the public online and via a toll-free number. Then again on October 2016 another payment made but not applied. All crooks. On August 31, 2015, Green Tree Servicing became ditech, a Walter company. Is there a phone number to call? Greentree-financial.com is an online marketplace where a lender can give you a decision instantly for the funds you need. We remand this case to the district court for entry of an amended judgment consistent with this opinion. 1995) (quoting Cortez v. Life Ins. In fact, Green Tree's parent company, Walter Investment Management Corp. (WAC), is merging Green Tree with another of Walter Investment's well-known subsidiaries, Ditech Mortgage Corp, to form a new company, ditech, a Walter company. Nine years this has been going on for me ..suffering years even though I won three years ago still waiting for my damages. After all, a payback journey that's good for your credit is really what matters. They threatened foreclosure even though I was paying the the girl said, Do you want me to take your house? All rights reserved. Greentree's escape came after her captor forced the young surfer to call home and demand money in exchange for her freedom. Further, because the common law and the statutory elements of the claim remain the same, any resulting error would likely be harmless. Thanks in advance. No doubt the language of State Farm, in which the Supreme Court suggests that "four times the amount of compensatory damages might be close to the line of constitutional impropriety," is the foundation for North American's allegation of constitutional error. 366 were here. P. 50(a) (2). Furthermore, even if North American's pre-verdict objection could be construed as a challenge to the submissibility of the unfair competition claim,8 the tortious interference judgment remains. All I ever get is the run around. Green Tree has been accused of some pretty bad stuff, Including warning delinquent homeowners of imprisonment, And doing little to help borrowers keep their homes, Along with harassing phone calls and unresponsive customer service, Any temporary loan modifications must be made permanent, And all active foreclosures must be halted, While the company evaluates loss mitigation alternatives. If Green Tree serviced your mortgage from 2010 to 2014, you might be due some compensation for alleged wrongdoings. Afterwards, an audit was done and they removed some on-time payments to take some incentives away from me. Ditech. A number of these now former employees testified (at the preliminary injunction hearing) that because Conseco was leaving the subprime lending market, they worried about their future, especially considering the fact that they worked on commission. Conseco filed a three-count complaint alleging 1) misappropriation of trade secrets, 2) unfair competition, and 3) tortious interference with business relations. 2003). at 619, and we will not judge the credibility of the witnesses or weigh the evidence. The . How do I get into the law suit? To whom should I write or should I call regarding compensation from Green Tree also known as Greed Tree. 1996). I feel like they are trying not pay all or part of my $1000 per year for a total of $5000 for making all of my payments on time. In response, Conseco sent a copy of Mambretti's letter to North American with a request that North American "cease and desist" from taking and using information contained in Conseco's loan files. And for mortgages already in a loan modification program, Green Tree must honor loss mitigation agreements entered into by the prior loan servicer. As part of the agreement, Green Tree agreed to pay $48 million in restitution to victims, and a $15 million civil money penalty to the CFPB's Civil Penalty Fund for its illegal actions. I had a loan with Greentree which the company did unlawful practices who do I reach out to for compensation. Then they send me a statement that I still own them 20 thousand more. STE. 2d 585 (2003) (quoting Gore, 517 U.S. at 575, 116 S. Ct. 1589). Consequently, he was employed by both companies during this two week period. (651) 224-5017. individuals with low credit scores. I told them they were charging me 3x my payment and I had made them on time. Podner testified that the number was substantial. To learn more about this transition from Green Tree to ditech, please visit www.ditech.com. Ins. Conseco asserts that Kevin Kattleman, Kevin Podner, and Scott Bristol all removed customer loan files-or copies of the files-from Conseco's offices. Was or used there a class action lawsuit because Id certainly be onboard. Vigoro contended that the names of 200 former customers constituted a trade secret. Lawsuit, Mortgage with GreenTree/Conseco/Ditech/New Rez-ShellPoint since 1995. I could go on and on with the difficulty we had while being a customer with this agency, it would take more space than Im allowed. Green Tree moved to compel arbitration. Terms of Service. It also granted summary judgment in North American's favor as to solicitation of employees and participation in breach of fiduciary duty. Podner said he copied the files in order to aid an employee who wished to make the transition to loan originator. Now they have lien on my personal property that had nothing to do with this loan. This provision of the Act provides a safety valve for a party to an arbitration agreement who does not consent to the other party's choice of arbitrator. Such challenges must be sufficiently specific so as to apprise the district court of the grounds relied on in support of the motion. That statute authorizes a fine of $5,000. Is there anybody that can help recover something from Green Tree. Anybody know of a good company to refinance with? GT was calling me day and night telling me I was short on my escrow account. The first, Kevin Kattleman, a former area manager in its O'Fallon, Illinois, office, testified that fourteen customer loan files from Conseco were in his possession after he began to work for North American. Now, i cant get in touch with anyone to get my balance? Another time they did their yearly audit and, instead of using 12 months for the yearly audit to adjust taxes and insurance they used 18 months for funds needed which greatly increased my monthly payment amount. CEO Approval. They were not interested in helping us modify our loan even though we qualified. How do I find out if they did us wrong. We, however, affirmed the decision of the district court to deny the injunction. In early August 2000, Conseco sent a letter notifying North American's legal department of the misconduct by Scott Bristol and his loan originators and asking that it stop. This meant borrowers who could have kept their homes instead lost them to foreclosure, despite being on payment plans to get back on track. But in what amount? Order Online. Pony Comp., Inc. v. Equus Comp. It appears to me that they came up with this idea claiming not receiving it in the mail to not pay all or some. The next best way to talk to their customer support team may just be to tell GetHuman about your issue and let us try to find the best way to contact them or find help for . The facts and issues in this case arise from actions taken by North American to acquire information about individuals that is contained in Conseco's confidential files. Mortgage service providers take advantage of borrowers and no one cares much to help us and monitor the bad lenders. Greentree Financial Advisors [ Impersonators of Genuine Firms ] 2408 Richmond Road Staten Island, NY 10306 Fax: 718-732-2047 We find sufficient evidence of "malice or outrageousness" as defined by Missouri law to permit an award of punitive damages in this case. Did GT pay off CFPB? Wow same crap happening to my dads mortgage. at 435, 121 S. Ct. 1678. Today, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) ordered Green Tree Servicing to pay $48 million in borrower restitution along with a $15 million fine to the CFPBs Civil Penalty Fund. I would hate to be the insurance company that underwrote the surety bond for Green Tree. I had one gentleman that called daily multiple times threatening me over and over. Jul 22, 2010 09:17 AM Like Anonymous Vikki Shore We were talked into a loan modification in 2012 with Green Tree, due to many threats daily. Had to go chapter 13 to stop all the harassing calls , one guy told me to pay up or get my out of my Mobile home. Podner's wholesale copying of customer loan files, which coincided with his resignation from Conseco and hiring by North American, creates at least the threat of misappropriation. Apparently homeowners with prior foreclosure relief plans had their mortgages transferred to the company where they were not maintained, and instead asked that borrowers make their original, higher monthly payments. "Green. 2006 - 2023. How do I file a claim against Ditech? Add my name to whatever I am tired of getting a run around. However, a post-trial motion for judgment "`may not advance additional grounds that were not raised in the pre-verdict motion.'" Then my account was sold to Ditech that did a loan modification which have me owing an outrageous balance after being in our home for 11 years. Walsh v. National Computer Systems, Inc., 332 F.3d 1150, 1158 (8th Cir. I was forclosed on just before the lawsuit was awarded and Ditect are still sending me statements to pay morgage payments? Youre in pure hell anyways dealing with all the headaches and harassment they give you!!! If you dont mind please contact me at 409-277-0420 Im in serious need of advice. The corporation originates, pools, sells, and services manufactured home loans using a vehicle known in the industry as conditional sales contracts. I am still trying to get the documents from current mortgage service provider and having hard time. WOW so I have read alot of these stories and not surprised at all after what they did to us. I let the property go into foreclosurethey received less than what I paid for it. PITTSBURGH Three people have been arrested in connection to a shooting in Green Tree on Monday evening. 1971) (stating that it is "generally held that an agent's malice is imputable to the corporation making the latter liable for malicious, willful or criminal torts of its agents or employees within the scope of their employment"). Green Tree Financial Corp., 330 S. C. 388, 498 S. E. 2d 898 (1998). 1995)). If the Rule 50(a) motion is denied and the case is submitted to a jury, the movant must renew the motion once again in order to preserve the issue for appeal. At both the close of Conseco's case and the close of all of the evidence, North American filed motions for directed verdict, which were argued before the court. Please help me resolve this with ditech. [6] GMAC Mortgage renamed DiTech ditech.com.[3] Reddam left the company in 2000. Id. Corp. v. KCBS, Inc., 910 S.W.2d 329, 331-332 (Mo.App.1995). As stated so eloquently-and simply-by Judge Posner of our sister circuit, "punitive damages should be proportional to the wrongfulness of the defendant's actions." After the jury returned a verdict against North American on each of the claims, North American filed several post-trial motions, primarily relating to the damage awards. Cons. I Totally agree with you, Ditech is a dirty mortgage company and they need to take in consideration that this person is making money off of the people that is making purchases and they tell Constantly that they are going to foreclose on your home I believe the federal government needs to step in on them and make them pay everyone back the money that they have ripped off of people, I purchased a mobile home through Green tree which is now ditech , and the mobile home was $38,000 and my down payment I put down was $3,800 and I financed $26,200 from dad tack which was green tree and I have paid over $120,000 and theyre still saying I still owe over $4000 and Im $4000 behind on payments and they are ripping me off big town on a $30,000 mobile home and I needed all accountable statements payments and they will not send them to me also theyre trying to say there was never any taxes paid on the mobile home and I have the proof and theyre also stating I had no homeowners insurance which I have proof this is a very dirty company and I do believe someone needs to look in to this they are ripping people off left and right. We agree that both the lead sheets and the information contained in these customer files constitute trade secrets under the act. Conseco's Employee Handbook specifically states that "non-public information about customers, dealers, and others is strictly confidential." In Vigoro, the court noted that if the contacts had been located throughout the country the information would have been considered to be a trade secret. Thinking that would eliminate the harassing calls. I am a victum of this bad service and been robbed right out of my bank account and experienced more illegal acts up until this day. It should be paid off and i need the release of lien. San Francisco, 69 F.3d 1184, 1188 (1st Cir. Cooper Indus., Inc. v. Leatherman Tool Group, Inc., 532 U.S. 424, 435, 121 S. Ct. 1678, 149 L. Ed. Ruby M Eisenring 321-333-2271, We refinance our home with Greentree which eventually transferred to Ditech. How can I settle with them without paying. Once a lead sheet is received in a branch office, the office manager then forwards it to a loan originator, who calls these potential customers to offer Conseco's financial services.