what happened to greentree financial
In support of this motion, Conseco identified three former employees that it alleged had misappropriated its trade secrets. GreenTree Inn Santa Fe is a budget friendly motel offering air conditioning in the rooms, and it is easy to stay connected during your stay as free wifi is offered to guests. Conseco asserts that Kevin Kattleman, Kevin Podner, and Scott Bristol all removed customer loan files-or copies of the files-from Conseco's offices. Website. 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? BankFind Suite - Federal Deposit Insurance Corporation Financial Services Company size 1,001-5,000 employees Headquarters Saint Paul, MN Type Public Company Founded 1975 Specialties Specialized Loan Servicer Locations Primary 345 St. Peter Street. I asked for a payoff amount and they refused to give it. 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. I hired a lawyer in May this year. Greentree closed my 2nd loan in 2013 with no assignment tried to refi and loan could not be found by Greentree now I have a company 7 years later with copy of note and no endorsement contacted bankruptcy Court New York case for Greentree was told loan should gone to ditech otherwise went back to mlo Greentree only serviced could not sell any truth or help? Who is pocketing these payments??? 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. [2] The brand had effectively disappeared from the marketplace for five years during the mortgage crisis, and the company decided to bring Ditech name back after determining that consumers held largely positive views of the brand. I faxed all information to them, that was available to me.. Needless to say it has been a fiasco.. Now the are threatening default on loan.. Its ridiculous to try and deal with this company.. Told different amounts even one rep stated it would be forgiven..I have no idea of what else to do..this is just another proof of the fleecing of America, I want to fill out a class action settlement form where do I get one for greentree. After a very long time, I did get approved for the loan mod, and still recvd papers saying I was kicked off this too went on for a LONG TIME! Was two months behind. I think the government allows this because it is still happening I am a single mother of five I lost a child to because of this mortgage company my only son I am still homeless I lost my reputation because of them they are the lowest scum on this earth to do this to all of these honest home owners they will never know the word or term honest I wish they would go threw what I am going threw they would not make it nothing but ugly ignorant people Im so disappointed if the government cant control them maybe there should be other ways to solve this problem I have not got help from them all this rental assistance is also family helps just family and friends I really need help who can help me Ive about lost it. Since Ditech filed bankruptcy, I wonder if my money even exists any longer. How do I file a claim against Ditech? Such an objection7 is simply not sufficient to preserve, and certainly cannot be read to encompass, the legal theories underlying North American's Rule 50(b) motion and this appeal (submissibility of the claim). Bristol also stated that he encouraged three of the loan originators working under him at Conseco to resign and come to work with him at North American. Auto. Terrence J. O'Toole of St. Louis appeared on the brief. At Greentree Financial we offer our clients comprehensive financial planning. The 7am phone calls, they keep threatening me and my family. Conseco, in its "First Amended Complaint," added two additional counts-participation in breach of fiduciary duty, and a separate count for injunctive relief. [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. Also notifying new media. Ripoff Report on: Greentree Financial - Greentree financial broke the law calls in one day lugoff south carolina At the time of trial, Dime Savings had been acquired by Washington Mutual, a company with a net worth of several times this amount, North American argues that the punitive damages were an improper remedy for its discovery abuses. Who has my payment records from Green Tree and Ditech for the Making Home Affordable Plan which will prove timely payments so i can get the credits and incentives I deserve? Shell point mortgage servicing owns the mortgage now. After such consideration, we find that the $18 million punitive award does not comport with the requirements of the Due Process Clause. It is important to note that this is a foreign filing. The lies, over and over. I feel I was ripped off became homeless because of Green Tree. Galdieri-Ambrosini v. Nat'l Realty & Dev. I had a loan on a mobile home back in 2000 it was refinance later on but it is still listed with Greentree services listed on the title and Im trying to sell it. As such, the district court abuses its discretion in permitting a punitive damage award to stand when the award is so disproportionate to the factors relevant to the size of the award that it reveals "improper motives or a clear absence of the honest exercise of judgment." Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. These products are . Even worse, delinquent borrowers who called Green Tree were automatically routed to debt collectors rather than a loss mitigation specialist. Ditech Financial LLC (rebranded from ditech Mortgage and "Green Tree Servicing" in 2015) was a provider of home loan, loan servicing and refinance products to consumers and institutional partners in the U.S.[1]. Green Tree is also barred from transferring loans in loss mitigation in or out of the company without all the proper paperwork and records in place. However, he speculated that as many as ten of these former Conseco customers could have switched their business to North American. Additionally, the company supposedly charged customers $12 for its pay-by-phone service and pressured borrowers into using it to ensure their payments were received on time. Id. .help? With no place to go and my car was impounded, because my car broke down in a spot, at the mobile home park. A structured process drawing out and defining with you what your vision is of your future. None of the contact #s I have called do not make contact with any Green Tree, Ditech or Shellpoint. North American also claims that these individual indiscretions do not amount to "corporate" wrongdoing by North American. However, the Court also explained that when compensatory damages are substantial, "perhaps [a punitive award] only equal to compensatory damages" may be appropriate. Mortgage service providers take advantage of borrowers and no one cares much to help us and monitor the bad lenders. Can someone please help me understand this!!!! What Mortgage Rate Can I Get With My Credit Score? In some instances, the former Conseco office managers also took their staffs of loan originators with them to North American. Thank you, Kim (ADD ME TO YOUR LIST). They then changed their name to Ditech which was just as bad or worse and then filed bankruptcy, selling off the mortgages, who is not much better. Sounds like there needs to be a class action lawsuit. GREEN TREE, Pa. . They prey on people who are down on their luck with bad credit. I have been a victim of Green Tree / Ditech and Shellpoint Mortgage abuse and excessive charge of fees. In March 2015, Ditech, along with Walter Investment affiliate Green Tree Servicing, announced the two would undergo a co-branding effort to become "Ditech Financial, A Walter Company," bringing Walter's origination and servicing entities together under one, recognizable brand name. My credit score was above 780, with no late payments. Business Outlook. Conseco produced evidence that would allow a reasonable finder of fact to conclude that there was at least a threat of misappropriation of the trade secrets contained in these fourteen files. [19], Ditech is well known for television commercials that aired during the 2000s. Greg and Kathleen Haley 12050 333rd Avenue Twin Lakes, WI 5381. State Farm, 538 U.S. at 425, 123 S. Ct. 1513. 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. 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. Podner did not specify the exact number of loan applications copied. I have no escrow. Counsel who presented argument on behalf of the appellee was David G. Wasinger of St. Louis, MO. 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. They harassed me so much while my husband was undergoing chemotherapy with Stage 4 Colon Cancer. Green Tree made news in April when the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission ordered the company to pay $48 million in borrower restitution and $15 million in penalties to settle allegations of servicing failures that occurred from 2010 to 2014. Before MORRIS SHEPPARD ARNOLD, RICHARD S. ARNOLD, and SMITH, Circuit Judges. My name is Margaret Heath my home was stolen Jan 2012 by Greentree. We got calls..sometimes two or three a day. If colloquy between counsel and the trial court fleshes out the motion, it may provide the opposing party with the requisite notice. The corporation originates, pools, sells, and services manufactured home loans using a vehicle known in the industry as conditional sales contracts. Please help! 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. Are there a class action lawsuit against ditech with all the forgery and false information, Im in South Carolina. Vigoro contended that the names of 200 former customers constituted a trade secret. On this Wikipedia the language links are at the top of the page across from the article title. At the preliminary hearing, Bristol testified that he and the other Conseco employees were put on the payroll of North American on June 30, 2000, for "benefits purposes," and that they did not work for both companies at the same time. And, interestingly, much of the improper activity occurred after Conseco filed suit, further reflecting the reprehensibility of North American's actions.
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