what happened to greentree financial

Just plain NASTY! Another of North American's witnesses, Perry Schatz, testified only five percent of Conseco's leads result in a funded loan. We will not set aside the jury verdict unless there is a complete absence of probative facts to support the verdict. Cooper Indus., Inc. v. Leatherman Tool Group, Inc., 532 U.S. 424, 435, 121 S. Ct. 1678, 149 L. Ed. Greentree was started in 1999 and maintains three offices in Ft. Lauderdale, Florida, Charlotte, North Carolina and Guangzhou China. How do I get into the law suit? The record establishes that Scott Bristol told North American's senior management that he had not resigned from Conseco when he started working at North American. Please put my name on a Class Action Suit. Im 83 years old, Ive been harassed by Green Tree from the time I purchased the Mobile home in 2001, Ive saw the go from Conseco Finance, Ditech to all kinds of Finance companies, You want ever know who you dealing with, So who actually owns these companies now? We tried to refinance with another company and they caused problems with that and we ended with not being able to do that. Greg and Kathleen Haley 12050 333rd Avenue Twin Lakes, WI 5381. Thanks Kevin. Thinking that would eliminate the harassing calls. .. My payments went back up to what they were before the nodification. 2006 - 2023. I cant get in touch with anyone to get it off. On appeal, the district court's determination of punitive damages is reviewed under an abuse of discretion standard. Powers. It is important to note that this is a foreign filing. Walsh, 332 F.3d at 1158 (quoting Rockport Pharm., Inc. v. Digital Simplistics, Inc., 53 F.3d 195, 197 (8th Cir. I sent cerified letter to the address Ive been sending my payment. Accordingly, we find no error in the district court's refusal to grant judgment as a matter of law on the unfair competition claim. I just cant imagine how the Goverment will let Greentree stay in business or how the people that work there look in the mirror knowing how many people they have hurt . Nothing happened. This corporate entity was filed approximately forty-six years ago on Monday, June 13, 1977 as recorded in documents filed with Texas Secretary of State. Green Tree moved to compel arbitration. 332 Minnesota St St Paul MN 55101. Conseco also presented evidence that in its Davenport, Iowa, office-after the filing of the lawsuit-the area manager, Rick Lasek, worked for both companies, copied thousands of Conseco lead sheets, sent them to North American, copied all of the HUD settlement statements from his office, and stated that his goal was to "put the mother [* * * *]ers [Conseco] out of business." While dealing with them. I received my first notice from Ditech that my mortgage was in arrears..after speaking with several CSD representatives.. Indeed, the conduct involved repeated actions in multiple offices.13 North American's actions also involved trickery and deceit, and an utter disregard for Conseco and-even more heinously-the privacy of its customers. Appeal from the United States District Court for the Eastern District of Missouri, E. Richard Webber, J. of Mo., Inc., 162 F.3d 991, 998 (8th Cir. Is Green Tree Servicing now ditech? At trial, Conseco's evidence established that thousands of Conseco's lead sheets were in North American's possession, that employees worked simultaneously for both companies, that Conseco's loan documents were faxed to senior management at North American, and that employees from several of Conseco's offices had taken Conseco's loan documents to North American.3 Conseco offered expert testimony that approximately five percent of Conseco's lead sheets result in funded loans, each with an average-net profit per loan of $4,000. norma, get an attorney and get one quick that specializes in dealing with mortgage law there are several that have won against Green Treethey all know they are scum. On appeal, North American questions not whether Conseco proved sufficient connection of its damages to North American's alleged wrongful conduct but whether Conseco proved it had incurred damages at all. Kimzey v. Wal-Mart Stores, Inc., 107 F.3d 568, 576 (8th Cir. Some reps told borrowers they were deadbeats and warned them that nonpayment of their mortgage could result in arrest or even imprisonment. Said she could only change excess payments for past 3 months. Thank you, Kim (ADD ME TO YOUR LIST). The most rude people of customer service, even the president or ceo a Mr Walter..I think. [2] It also announced a corporate re-branding with its servicing affiliate, Green Tree Servicing, which took place in 2015. They at least owe my husband an apology for the way they treated him during an awful time but know they arent decent enough for that. I was evicted and thrown out of my Mobile, in the pouring down rain! The company collapsed under a huge debt load resulting from a rash of acquisitions in the 1990s, including the $6 billion purchase of Green Tree, the nation's largest lender to mobile-home. I have no escrow. Shell point mortgage servicing owns the mortgage now. FEDERAL TRADE COMMISSION Headquarters Federal Trade Commission 600 Pennsylvania Avenue, NW Washington, DC 20580 Telephone: (202) 326-2222 Constitution Center Federal Trade Commission 400 7th St., SW Washington, DC 20024 Telephone: (202) 326-2222 NOTE: Send mail only to the 600 Pennsylvania Ave., NW (Headquarters) address above. Now, i cant get in touch with anyone to get my balance? As noted by the district court, North American management knew that employees were working and being paid by both companies at the same time.12 Rather than undertake any investigation, corrective, or disciplinary action, it elected to use the dual employment as a "model" in other offices. For guests with a vehicle, free parking is available. Punitive damages are also subject to limitations imposed by due process. I too was with BOA and while my home was in remod with BOA they dropped me & sold my loan. 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. Afterwards, an audit was done and they removed some on-time payments to take some incentives away from me. I cant pay this at all. Indeed, Conseco had closed thirty of its 150 branch offices within the previous year. After considering Conseco Finance Servicing Corporation's (Conseco's) 1 unfair competition and tortious interference claims against North American Mortgage Company (North American), a jury returned a verdict against North American on each of the claims and awarded Conseco $3.5 million in actual damages and $18 million in punitive damages. By the end of August, Green Tree will be no more. [2] In May 2014, Ditech announced its re-entry to the U.S. housing market. We, however, affirmed the decision of the district court to deny the injunction. Who can I contact file a class action lawsuit against Green Tree, and Ditech? Thanks in advance. Bank of America really cost me a lot of money for their role in this sale to an unscrupulous company. Next, North American claims that because the Missouri Uniform Trade Secrets Act has replaced all common-law remedies, no tort claim is maintainable unless the information qualifies as a "trade secret" under the statute. My late husband put me in this bind, Im sorry Lynn for long text. Id. Your email address will not be published. The balance of the second was about $55k. I got mad, I never refinance my mortgage. In 2019 had a devastating hail storm that ruined my house 40,000 in damages and never could get ditech to repair the damage so I had my bankruptcy revised and took ditech off. I just closed on my deal with Greentree on the second. It has been hard to get a loan for anything else. As to the third Gore guidepost, North American concedes there is "no precise cognate in Missouri criminal law," but attempts to use the Missouri commercial bribery statute, RSMo 570.150.1(3). CFN Investment Holdings will pay $700 million. However, the rules are such that "`technical precision is not necessary in stating grounds for the motion so long as the trial court is aware of the movant's position.'" Id. Contact Information. A $12.5 million settlement has been reached and is pending approval in the class action lawsuit filed against Green Tree Financial Corp., formerly Conseco Finance Corp., by shareholders. The suit alleged that the company's stock was artificially inflated due to questionable accounting practices on the part of the company's former officials. Before MORRIS SHEPPARD ARNOLD, RICHARD S. ARNOLD, and SMITH, Circuit Judges. They are all in this together I trust none. However, the jury (and the district court) rejected this theory, opting for an alternative explanation-North American's desire to expand into the subprime market, at any cost.14 North American has not shown that the jury's assessment of the facts was unreasonable. The transition concluded in the second half of 2015. Lastly, the company has been ordered to provide access to quality customer service so borrowers can actually save their homes from foreclosure instead of being pushed toward an arrangement that compensates Green Tree. [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. Having concluded that these lead sheets and loan files constitute trade secrets, we must next consider whether Conseco produced evidence of actual or threatened misappropriation of these trade secrets. In 2003 we refinanced this home through US Bank, however, whenever that was done apparently US Bank never got a CLEAR title on our mobile home. CitiMortgage, Inc. or Citicorp Home Mortgage Services, Inc. are successors in interest to CitiFinancial Servicing and the below named companies through acquisitions, mergers or name changes and no longer has any security interest as lienholder. How do I file a claim against Ditech? We paid one and half year extra. Tried to get relief through an attorney has messed over me. T213. To this day I can remember it like it was yesterday. He was the utmost rude one. And yes, they do call several times a day. Any correspondence will be noticed. On June 8, 2022 the Bankruptcy Court entered an Order governing the distribution of any unclaimed borrower funds remaining in the Ditech estate. 2003). Yearly bonus is a plus. 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. My payment would be lower and I could get interest on my money in the bank to pay my taxes and insurance instead of the mortgage servicer holding it and making money off my escrow account. I pissed when I want as no man woman or child will ever decide when I piss but that is inhumane. 366 were here. The Mortgage Refinance Process: Step-by-Step Guide, How to Lower Your Mortgage Rate Without Refinancing. 417.453(4) (1995). North American moved for summary judgment, and the district court granted North American's motion as to misappropriation of customer lists and certain financial information. Please add our name to your Class Action Suit. Cir. On November 7, 2008, Security Pacific Bank, Los Angeles, CA was closed by the California Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. We got the $ to catch up which wasnt much like one payment and they refused to take the money. Quite the contrary, North American encouraged others in its offices to replicate the St. Louis scheme, and designated its St. Louis office as a "model" to expand into other cities. This is actually still happening. With no place to go and my car was impounded, because my car broke down in a spot, at the mobile home park. 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.

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