what happened to greentree financial what happened to greentree financial

This went on for 6 months, sending me mail I hadnt made my payment when I had made it on time. The Catholic Church was going to try to help me pay for part of my Mobile Home Space Rent. Greentree-financial.com is an online marketplace where a lender can give you a decision instantly for the funds you need. Green Tree was so bad I filed complaint with the Department of Business Oversight in California. I hired a lawyer in May this year. 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. Touch with the entity that is hosting the class action. It was just a cycle. The grounds for the renewed motion under Rule 50(b) are limited to those asserted in the earlier Rule 50(a) motion. Havent paid them in over 2 years. 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. The parties then chose an arbitrator, indeed . And in 2001 North American paid Keeler a salary of $2,500,000. 7410 S Roosevelt St Ste. Recommend. I received my first notice from Ditech that my mortgage was in arrears..after speaking with several CSD representatives.. It also granted summary judgment in North American's favor as to solicitation of employees and participation in breach of fiduciary duty. 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. It is clear to us that Conseco derives economic benefit from this information. In 2010, my morgage was sold from BofA to Greentree Servicing LLC. [7] Institutional partners can price, lock and deliver individual loans through the Ditech website. [6] GMAC Mortgage renamed DiTech ditech.com.[3] Reddam left the company in 2000. To learn more about this transition from Green Tree to ditech, please visit www.ditech.com. [3], In 2005, DiTech was organized as a business unit of Residential Capital, LLC (often referred to as "ResCap"), which controlled mortgage-related subsidiaries owned by General Motors Corporation. 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. I am now 72 years old and am forced to live in HUD housing. I was never late during the five years. [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 have confirmation numbers from my bank and I have never had a problem paying this way, even to them. Now Ditech Id with them and are ripping me off and other folks, My home is 42yrs old, from 726 a month to 798. Get free summaries of new Eighth Circuit U.S. Court of Appeals opinions delivered to your inbox! Greentree's escape came after her captor forced the young surfer to call home and demand money in exchange for her freedom. BMW of North America, Inc. v. Gore, 517 U.S. 559, 575, 116 S. Ct. 1589, 134 L. Ed. The jury's $3.5 million compensatory award was issued by general verdict, after the jury returned verdicts for Conseco on two claims, unfair competition and tortious interference. Please ..I want to know how we can be a part of this lawsuit. Green Tree Financial Corporation is the only company in the United States to specialize in manufactured home loans. We find sufficient evidence of "malice or outrageousness" as defined by Missouri law to permit an award of punitive damages in this case. Missouri law places no limit on punitive awards, but requires that "when punitive damages are awarded by a jury, both the trial court and the appellate court review the award to ensure that it is not an abuse of discretion." [3], In 1999, DiTech was acquired by GMAC (now Ally Financial), then owned by General Motors. We affirm in part and reverse in part. 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." Told her I would be contacting attorney. Corp., 136 F.3d 276, 286 (2d Cir. What Mortgage Rate Can I Get With My Credit Score? .We never recieved a Hamp..They did the old bait and switch on us..We ended up with a streamline modification with $23,000 tacked onto a 40 yr loan..What a joke! However, a corporate defendant is required to pay punitive damages so long as the employees were acting within the scope of their employment. Green Tree caused me to have anxiety attacks and depression!! 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. I quit answering the phone calls but saved all their numbers for later proof of their harassment. Both encouragedays us to be 90 days delinquent. Requested payoff through government agencies and received payoff from ShellPoint. Under this standard, the district court will only be reversed when "its ruling is obviously insupportable." what happened to greentree financial. San Francisco, 69 F.3d 1184, 1188 (1st Cir. collinseisenring1962@gmail.com. Please put my name on a Class Action Suit. State Farm Mut. By the end of August, Green Tree will be no more. It should be paid off and i need the release of lien. On August 31, 2015, Green Tree Servicing became ditech, a Walter company. But I got rid of them. Its showing on my credit report that Im late , 60 days. Initially, we must determine whether Conseco's lead sheets and the information contained in its customer files constitute trade secrets under the Missouri Uniform Trade Secrets Act. what do I do now? I was forclosed on just before the lawsuit was awarded and Ditect are still sending me statements to pay morgage payments? Just paid off a home and was going to sell and it has a lien on it. It is important to note that this is a foreign filing. 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. Anyone have a number I can call. During this same period, Conseco's mortgage service division downsized. .help? According to Missouri law, a "trade secret" is information-including but not limited to-technical or nontechnical data, a formula, pattern, compilation, program, device, method, technique, or process that derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by other persons who can obtain economic value from its disclosure or use. On this Wikipedia the language links are at the top of the page across from the article title. Even the emails I have sent do not get me in contact with anyone that can I assist. Thank you. [7] The strategy encompasses direct consumer lending and correspondent lending. In 2013 we fell on hard times. 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. The company has also been ordered to halt all mortgage servicing violations, including how much consumers owe Green Tree. The Manager had my car towed away, and I couldnt afford to get it out of impound. Ditech. You might be able to get more info by calling 1-877-FTC-HELP (1-877-382-4357). Walsh, 332 F.3d at 1158. All crooks. .Greentree denied us the Deed in lieu but offered a Hamp..There exact words were, Bank of America is offering you a Hamp. [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. 2001). It did not, and by failing to do so, North American forfeited its argument to the extent that it was not forfeited by the failure to assert those grounds in their Rule 50(a) motion, We agree with the district court that the common-law claim of unfair competition has likely been replaced by the statutory offense described in the Missouri Trade Secrets Act. Co. of N. 1996). Green Tree Acceptance, Inc. filed as a Foreign For-Profit Corporation in the State of Texas and is no longer active. 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. Financial Services. How will former employees be compensated for their income lowering and workload doubling? Mark S. Wasinger and John B. Morthland of Hannibal, MO appeared on the brief. A712 WEST HOLLYWOOD CA 90069 United States Inactive Directors / Officers STEVEN D GREEN, chief executive officer STEVEN GREEN, agent Registry Page https://bizfileonline.sos.ca.gov/sear. 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. Conseco also filed a motion seeking a preliminary injunction and a permanent injunction to prevent the "raiding" of its employees. And, interestingly, much of the improper activity occurred after Conseco filed suit, further reflecting the reprehensibility of North American's actions. Conseco Fin. I was evicted and thrown out of my Mobile, in the pouring down rain! 1969)). Bank of America really cost me a lot of money for their role in this sale to an unscrupulous company. Hi Folks I am in need of my Title to my Modular Home I paid off in 2016, so I can sell my home. Who, what when and where to I file a claim with the CFPB? James S. Cole of St. Louis appeared on the brief. 2d 585 (2003) (quoting Gore, 517 U.S. at 575, 116 S. Ct. 1589). Mambretti learned this fact through a phone call from a North American loan originator. Please put our name on a Class Action Suit. The parties proceeded to a trial on the merits for these issues. 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. However, North American also introduced several new legal theories-related to damages-not distinctly articulated in its "Directed Verdict Motion." Conseco is a Delaware financial services company with its principal place of business in Minnesota. I too was with BOA and while my home was in remod with BOA they dropped me & sold my loan. 655 (8th Cir. Kattleman testified that he was uncertain as to exactly how the customer loan files came to be located in his office at North American. 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. ", Conseco organizes these lead sheets according to color-the most promising are colored red, leads that are considered good are colored white, and merely decent leads are colored blue. GREEN TREE, Pa. . Still have all the negative reports and complaints about those company going some years ago. Greg and Kathleen Haley 12050 333rd Avenue Twin Lakes, WI 5381. I am pretty sure this will never get taken care of after reading all the comments. It further found that Conseco was likely to succeed on its claims of misappropriation of trade secrets against North American relating to the actions of Podner and Kattleman, but not Bristol. Working with you to see the big picture, tailoring advice driven by your priorities that can then be addressed through a structured and . [3][7], Ditech pioneered 125 percent loans that allowed mortgage loan applicants to borrow more than properties were worth. Greentree was started in 1999 and maintains three offices in Ft. Lauderdale, Florida, Charlotte, North Carolina and Guangzhou China. By selecting Greentree Mortgage Company, LP, you have chosen a lender who understands your needs, and is committed to improving your financial future. They told me to pay my payments or lose my mobile home. "Green. [18] In June 2014, Ditech's correspondent lending division began focusing on services for community banks and credit unions, offering their customers access to Ditech's technology, underwriting, processing, servicing and marketing expertise. 2003). Terms of Service. North American sought this information in an attempt to pursue Conseco's loan customers and business leads. After having been divorced 4 years into the loan and raising children as a single mother, I have made payments late frequently. Williams v. ConAgra Poultry Company, (slip opinion August 6, 2004). Yearly bonus is a plus. 1994)). I wish I new all this stuff was going with Green Tree Financial. They owe me 27,000.00 estimated. but my Manager refused to take the payment. My loan started out at 48,000 on my double wide, paid on it for about 16 years and now owe 67,000 on it. 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. We had a home equity line with them and ended up borrowing from my parents to pay it off. Order Online. Indeed, through possession of these loan files, Conseco is in a unique position of being able to analyze its customers' specific financial needs and identify those current customers who may need additional Conseco financial services. He went court I couldnt make it their because I had no transportation to get their, so the Judge signed the eviction paperwork. Upon arriving at North American, Bristol gave these names and numbers to loan originators as leads, who contacted these former Conseco customers. Pros. GT uses unethical practices, and I keep making my payments on time but think about letting them have the 2nd home back because of the harassment. Statement shows a breakdown of current payment due in terms of principal and interest. I exceed the payment due by almost $150, figuring that 150 will come off principal directly. Allegheny County police said the shooting happened in the parking lot of the Unity. Hi my name is Megan & Im in a bad way with this company fixing to loose my home of 15 years that is suppose to already be paid off have no way to financially fight them cuz everything has went into trying to keep my home. But next months statement shows only the principal stated as due being payed, with the excess going toward interest. This is horrible! North American also claims that these individual indiscretions do not amount to "corporate" wrongdoing by North American. 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. Ditech is not answering my call, whom do I contact to get my money back . We will not set aside the jury verdict unless there is a complete absence of probative facts to support the verdict. This site is protected by reCAPTCHA and the Google. 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. If anyone remembers Jim Walter homes I am pretty sure if we dug far enough back all roads would lead back to them and their crooked business. For its first assignment of error, North American directs our attention to Conseco's unfair competition claim that is founded on North American's alleged misuse of Conseco's trade secrets.5 North American argues that the district court erred in its initial decision to submit this claim to the jury and then in its subsequent declination to grant a judgment as a matter of law. However, when passing on a district court's determinations concerning the constitutionality of the punitive award, we use a de novo standard of review. .. They featured a nefarious loan officer, played by actor Ron Michaelson, repeating the catchphrase "Lost another loan to Ditech" written by writer, producer and director Ken Roberts, who created the Ditech television and radio commercials from 1995 to 2007. How can this be??? However, he speculated that as many as ten of these former Conseco customers could have switched their business to North American. ORDER: Sever the trial to foreclosure non jury trial and counter claim, jury trial. How does a former employee get compensated? Specifically, North American argues that its conduct was not outrageous and did not justify the award, that there was no corporate wrongdoing by North American, and that the punitive damages were an improper remedy for its discovery abuses.10. 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. Because insurance paid off the loans in full on the 91st day..They stalled, blaming one another and Nationstar also blamed Bank of New York for delay..Bank of new york put in writing to me that the were only trustee and had no say so in Settlements, Deed in lieus or modifications. Greentree Financial Group's phone number is (954) 424-2345 What is Greentree Financial Group's official website? How do I find out if they did us wrong. 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. Several of these former Conseco employees resigned after receiving solicitations from North American.