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]. Capital One announced that it would cease loan origination operations at Greenpoint Mortgage immediately, and according to initial reports, cut roughly 1,900 jobs. Now, i cant get in touch with anyone to get my balance? All crooks. Greentree Financial Advisors [ Impersonators of Genuine Firms ] 2408 Richmond Road Staten Island, NY 10306 Fax: 718-732-2047 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. The company has filed for Chapter 11 Bankruptcy for the second time in 14 months. To this day I can remember it like it was yesterday. By his own admission, Keeler's increased compensation was due in part to his work in the company's subprime market expansion. Green Tree Financial Services Corporation 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.'" The Mortgage Refinance Process: Step-by-Step Guide, How to Lower Your Mortgage Rate Without Refinancing. what happened to greentree financial - s55493.gridserver.com Tell how to get I. The Manager had my car towed away, and I couldnt afford to get it out of impound. Since Ditech filed bankruptcy, I wonder if my money even exists any longer. Because we have found adequate evidence of the existence of a trade secret, we need not address North American's argument. I am pretty sure this will never get taken care of after reading all the comments. We are further convinced that North American's net worth was not the sole consideration in the jury's punitive award. my payments are being sent back to me. The Supreme Court described the first Gore guidepost-the degree of reprehensibility of the defendant's conduct-as the most important indicium of the reasonableness of a punitive damages award. Green Tree Servicing. Where do I go? For guests with a vehicle, free parking is available. We were talked into a loan modification in 2012 with Green Tree, due to many threats daily. at 416-417, 123 S. Ct. 1513 (2003). 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. At Greentree Financial we offer our clients comprehensive financial planning. In the year 2000 his salary increased to $400,000. P. 50(b); Martin H. Redish, 9 Moore's Federal Practice 50.41 (3d ed.2003). Green Tree Acceptance, Inc. - Company Profile - Corporation Wiki Who can I contact file a class action lawsuit against Green Tree, and Ditech? I was evicted and thrown out of my Mobile, in the pouring down rain! The parties then chose an arbitrator, indeed . [2] It also announced a corporate re-branding with its servicing affiliate, Green Tree Servicing, which took place in 2015. 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." My mortgage was only suppose to last for 30 years. (651) 224-5017. We were forced into renting our condo due to housing collapse that prevented us from selling it. 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. 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 have been a victim of Green Tree / Ditech and Shellpoint Mortgage abuse and excessive charge of fees. Corp., 136 F.3d 276, 286 (2d 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. I called numerous times with no help into correction and emailed them only to get an automated email response that they received my email. With no place to go and my car was impounded, because my car broke down in a spot, at the mobile home park. Susan, If u would look at the back of your billing statements, it will tell you where to file your complaint. We paid our home off but greentree said we owed another $17,000. 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. So disappointing! 1998). Conseco's mortgage service division originates residential loans for individuals in the "subprime" lending market, e.g. Pony Comp., Inc. v. Equus Comp. They have doubled my monthly mortgage beyond my ability to pay even if I way not a disable vet. . Shortly after this employee exodus began, Conseco received a letter from one of its St. Louis branch customers, Michael Mambretti, complaining that his confidential loan information had been taken by a Conseco loan originator, from Conseco to North American. Ditech had immensely high unaided brand awareness and customer satisfaction, but many people mistakenly thought Ditech was a subprime lender. Zachar, 363 F.3d at 74 (quoting Davignon v. Clemmey, 322 F.3d 1, 13 (1st Cir. I was with Bank America and they turn me over to ripped off GreenTree Mortgage, and they GreenTree, up my loan to what they want, I called them and told me that they couldnt reach me, They up my APR and Loan Mortgage and said the could not get in touch with me. Still have all the negative reports and complaints about those company going some years ago. 1150 (E.D. Financial Services. 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. 1994), aff'd in relevant part, 82 F.3d 785 (8th Cir. Corp. v. KCBS, Inc., 910 S.W.2d 329, 331-332 (Mo.App.1995). Co. v. Haslip, 499 U.S. 1, 23-24, 111 S. Ct. 1032, 113 L. Ed. 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. The case involves employees leaving an agriculture supply business to join a competitor. You can explore additional available newsletters here. What Mortgage Rate Can I Get With My Credit Score? 2003). I had to call them while working and my coworkers heard then yelling & threatening me if I was late. To whom do I make my complaint? Podner further testified that in his line of work, it was very common to help new loan originators in this manner, as it is much easier to generate new business with customers who have previously conducted business with Conseco. Am., 408 F.2d 500, 503 (8th Cir. We tried to refinance with another company and they caused problems with that and we ended with not being able to do that. 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. Accordingly, North American concludes that there was insufficient evidence, absent proof of net profit, for any submissible cause of action to survive and requests that we overturn the jury verdict as a matter of law and enter judgment in North American's favor. They claim they have left messages and I never received any messages. Conseco Files for Bankruptcy - ConsumerAffairs In 1995, John Paul Reddam founded DiTech Funding Corporation (DiTech) in Costa Mesa, California. Never explained that they were going to do this. I am a victim of Green Tree and Ditech can anyone do anything about it. Every time I made my payments just about all of my payment was going in to the interest fees, instead of paying down on the principal. Conseco, Inc. -- Company History Business Profile for Green Tree Financial Corporation. Bank of America really cost me a lot of money for their role in this sale to an unscrupulous company. Even the emails I have sent do not get me in contact with anyone that can I assist. During this same period, Conseco's mortgage service division downsized. Your email address will not be published. My mortgage was with Bank of America for 15 years started 2002 January. 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. Three arrested in connection to Green Tree shooting - WTAE See reviews, photos, directions, phone numbers and more for Greentree Financial locations in San Antonio, TX. Even worse, delinquent borrowers who called Green Tree were automatically routed to debt collectors rather than a loss mitigation specialist. They told me to pay my payments or lose my mobile home. 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. Terrence J. O'Toole of St. Louis appeared on the brief. In 2010 I applied for a Making Home Affordable Plan and made every payment on time and earned the incentives. What happened Greentree Mortgage? It appears to me that they came up with this idea claiming not receiving it in the mail to not pay all or some. We got the $ to catch up which wasnt much like one payment and they refused to take the money. of Mo., Inc., 162 F.3d 991, 998 (8th Cir. In some instances, the former Conseco office managers also took their staffs of loan originators with them to North American. P. 50(a) (2). 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. Id. I am now 72 years old and am forced to live in HUD housing. 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. 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. Although it is undisputed that the lead sheets themselves are not generally accessible to the public, North American asserts that much of the information contained within these lead sheets can either be purchased from various credit agencies or found in mortgage records, all of which are accessible to the public. P. 50(a) (2) (stating that litigants must "specify the judgment sought and the law and the facts on which the moving party is entitled to the judgment."). 366 were here. Terms of Service. Webb Agency, Inc. v. Commercial Standard Ins. Its unclear how much compensation each borrower will receive, but victims who receive money from this enforcement action can also pursue their own individual claims against the company. Youll be paying these peoples to your Death. 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. 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. We paid until 2018 July. Update on March law enforcement activity in Green Tree - WTAE Consistent schedule, decent pay. Williams v. ConAgra Poultry Company, (slip opinion August 6, 2004). Was two months behind. 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. I thought it was going to be a pain but Greentree was actually great to deal with. On appeal, North American argues that the district court erred when it 1) submitted the unfair competition claim to the jury, 2) failed to grant judgment as a matter of law, 3) found that the compensatory award was supported by the evidence, and 4) allowed the punitive damage award to stand.
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