I did file with CFPB and the FTC and I got a check for $10.00 after I lost my house I am still setting in my driveway living in my RV. P. 50(a) (2). They were not interested in helping us modify our loan even though we qualified. Then the next month BOA sold my loan to GreenTree. . How do I get answers on how to receive money back from my home. Learn about the FDIC's mission, leadership, history, career opportunities, and more. We are satisfied that North American's conduct was sufficiently reprehensible to support the jury's award of punitive damages. If thats not enough, Green Tree also allegedly called delinquent borrowers seven to 20 times a day if they were two weeks or more past due, sometimes as early as 5 A.M. or as late as 11 P.M. 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. Ive been trying to get a short sale with Greentree since May of 2014. So disappointing! Ive had four different Judges to rule in my favor. Tempe, AZ 85283. Id. However, North American neither returned the stolen information nor discouraged its employees' use of Conseco's loan files and lead sheets. In arguing that the lead sheets are not "trade secrets," North American principally relies on Vigoro Indus., Inc. v. Cleveland Chem. It has been hard to get a loan for anything else. 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. Yes it happened to me, I bought a mobile home and Greentree was my lender for 240 months payments, I was behind one month, they call me and threaten me by making my credit bad, and take my home, so I did a direct deposit, for 20 years, total 240 months. This is horrible! If North American's net-profit theory had been conceived prior to trial, it would-and should-have asked for such an instruction. The instant appeal ensued. We affirm in part and reverse in part. (1) how much will the typical victim be paid? Conseco, in its "First Amended Complaint," added two additional counts-participation in breach of fiduciary duty, and a separate count for injunctive relief. 1994), aff'd in relevant part, 82 F.3d 785 (8th Cir. And, interestingly, much of the improper activity occurred after Conseco filed suit, further reflecting the reprehensibility of North American's actions. The 7am phone calls, they keep threatening me and my family. 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. Borrow Brightly. The lead sheets are a product of a specialized-and apparently quite effective-computer program that was uniquely Conseco's. The parties proceeded to a trial on the merits for these issues. Is Green Tree Servicing now ditech? Was or used there a class action lawsuit because Id certainly be onboard. [5][20] In May 2007, the company introduced a new marketing campaign, adding the tagline "People Are Smart" and including the signature line Home financing by GMAC to further help distinguish the Ditech brand from direct-to-consumer lenders of questionable repute. He was the utmost rude one. Greentree Financial Profile and History . Readying correspondence to: FTC and others along with copies to EACH house member and Senate with original to President of USA. Greentree Financial - Overview, News & Competitors | ZoomInfo.com If Green Tree serviced your mortgage from 2010 to 2014, you might be due some compensation for alleged wrongdoings. At Greentree Financial we offer our clients comprehensive financial planning. What happened Greentree Mortgage? Green Tree Financial Corporation -- Company History This is actually still happening. Working with you to see the big picture, tailoring advice driven by your priorities that can then be addressed through a structured and . 2d 1 (1991)). Prior to that, they would send papers saying I was approved for a loan mod, then theyd send papers saying I was denied and had X amount of days to get out of the house or I would come home to find my house locked up by the sheriff and I would never gain access, then they would try to short sale it. Tell how to get I. Both motions were denied by the district court, and the case was submitted to the jury on Conseco's claims of unfair competition and tortious interference. Co. v. Campbell, 538 U.S. 408, 419, 123 S. Ct. 1513, 155 L. Ed. 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. I was diagnosed with breast cancer and just asked for a little guidance from them. 4th 495 (2008), held that the test for whether stipulated damages constitute an unenforceable penalty or an enforceable liquidated damages provision centers on whether the damages were a reasonable anticipation of harm caused by breach of the settlement . Ops manager used to try to say no one uses restroom first 3 hours of shift. However, because North American failed to properly preserve the displacement question we need not decide the issue conclusively. In viewing this evidence in the light most favorable to the verdict, we hold there is ample evidence supporting each element of an unfair competition claim. [2] DT Holdings, Ditech's parent company, is a subsidiary of Walter Investment Management. Will be contacting legal specializing in mortgages tomorrow. While dealing with them. I got mad, I never refinance my mortgage. As such, it captured over 25 percent of that business by 1993. North American management consented to the document duplication by its employees. 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. 2001). I paid my home off in December 2020. Greenpoint Mortgage was shut down today by parent Capital One Financial Corp., who said weak demand for residential home loans forced the company to shut the ailing mortgage lender. Conseco is a Delaware financial services company with its principal place of business in Minnesota. Between Green Tree and the Mobile Home Park Manager of the Mobile Home Park. They never did give me the interest rate they charged my, so 4yrs basically paid towards interest and my taxes.all but a freaking 100bux Please do contact me to see if I qualify for this class action suit! Bristol also testified that he began his employment with North American on June 30, 2000, but did not resign his position with Conseco until July 12, 2000. GREENTREE MORTGAGE COMPANY - 10 Reviews - Yelp 3 of the Int'l Bhd. The parties then chose an arbitrator, indeed . CNO Financial Group - Wikipedia State Farm Mut. 2003)). Conseco also asked that North American return all of the information that it had acquired from Conseco's former employees. 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. Who can I contact file a class action lawsuit against Green Tree, and Ditech? Cir. [21], On September 11, 2001, in the U.S., a Ditech commercial was airing on the CNN television channel when it was interrupted for an announcement that a plane had struck one of Twin Towers of the World Trade Center in New York City. I.say file, file and get an attorney. Bristol testified that he believed between one to six of these leads resulted in new business for North American. Please put our name on a Class Action Suit. Conseco Finance Servicing Corp., Formerly Known As Green Tree Financial [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. I was forclosed on just before the lawsuit was awarded and Ditect are still sending me statements to pay morgage payments? All the previous comments about them (green tree) are so accurate (ditech) as well the crazy hour calls, the threats of throwing me out of my house. 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. You're all set! WOW so I have read alot of these stories and not surprised at all after what they did to us. Conseco Agrees to Acquire Green Tree for $6.44 Billion - WSJ Greentree made my.life a nightmare. Conseco appealed the district court's denial of injunctive relief as to its "raiding" claim. Please put my name on a Class Action Suit. 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. Bristol also returned a number of documents at his deposition, in accordance with the district court's TRO. 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 . In short, we see sufficient evidence that North American misused Conseco's trade secrets to justify the submission of the unfair competition claim and the tortious interference claim to the jury. The parties then chose an arbitrator, indeed the same arbitrator who was subsequently selected to arbitrate the Bazzles' dispute. Ripoff Report on: Greentree Financial - Greentree financial broke the law calls in one day lugoff south carolina Registered Address GREEN TREE FINANCIAL SERVICES CORP, 8424 SANTA MONICA BLVD. What happened Greentree Mortgage? Sign up for our free summaries and get the latest delivered directly to you. By selecting Greentree Mortgage Company, LP, you have chosen a lender who understands your needs, and is committed to improving your financial future. The Greentree Way | Greentree Mortgage Company, L.P. 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. 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. I had a modification done with Bank Of America. Your email address will not be published. It is clear to us that Conseco derives economic benefit from this information. The Truth About Mortgage. Greentree Financial Negative Reviews - Complaints Board Conseco also filed a motion for a temporary restraining order prohibiting certain North American employees from taking, using, or disclosing documents from Conseco's loan files, and to return any information taken from Conseco's files.