Yet my accounting paperwork they sent says HMP mid-capitalized..My note has no bank endorsements, my assignment is missing my name and has stamped robo signed for Mers supposed employee and notary which is not legal..Notarys have to have original signatures. Sent payoff check but unable to receive Satisfaction of Mortgage because they want more money. Any normal good company with a major bank documentation would understand or have a solution. State Farm, 538 U.S. at 425, 123 S. Ct. 1513. 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. Podner did not specify the exact number of loan applications copied. 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. The Court, however, went on to note that " [w]hile these ratios are not binding, they are instructive. The company has filed for Chapter 11 Bankruptcy for the second time in 14 months. [6] GMAC Mortgage renamed DiTech ditech.com.[3] Reddam left the company in 2000. [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. The court, relying on Greentree Financial Group, Inc. v. Execute Sports, Inc., 163 Cal. I sent cerified letter to the address Ive been sending my payment. Financed through Greentree in 1995 then went to ditech then shellpoint aka new rez llc even more shady. I called numerous times with no help into correction and emailed them only to get an automated email response that they received my email. How do I find out if they did us wrong. Green Tree caused me to have anxiety attacks and depression!! On April 11, 2006, Greentree Financial Group, Inc. (Greentree), sued Execute Sports, Inc. (ESI), for breach of contract. Both Greentree and Ditech are thugs. This instant case involves thousands of customers-located throughout the country-who were identified through a complex computer system. Told her I would be contacting attorney. Green Tree has been accused of a number of abuses, including not honoring loan modification programs, delaying short sale decisions, and charging customers convenience fees when paying their mortgages. He earned a salary of $150,000 in 1999. "This court has made it very clear that where the court submits a single damage question for multiple claims and where the evidence supports the actual damage award on any of the claims, the award will not be set aside." All I ever get is the run around. CFN Investment Holdings will pay $700 million. Consequently, we agree with the district court that the lead sheets and the information contained in Conseco's customer loan files constitute trade secrets within the meaning of the Missouri Uniform Trade Secrets Act.6. [16] Refinancing options include fixed rate, adjustable rate and FHA loans, as well as special financing programs such as HARP with expanded loan-to-value limits for qualified applicants. Green Tree was so bad it was listed on CA Department of Business Oversight and under strict conditions as to how to handle mortgages. They are all in this together I trust none. I suffered under them for no apparent reason as my payments were made on time. 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. 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. BMW of North America, Inc. v. Gore, 517 U.S. 559, 575, 116 S. Ct. 1589, 134 L. Ed. 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. [2] It also announced a corporate re-branding with its servicing affiliate, Green Tree Servicing, which took place in 2015. .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! 366 were here. Terrence J. O'Toole of St. Louis appeared on the brief. 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. James & Devern Robertson, I purchased a trailer didnt know the greentrees name was on the title and I still havent received the title and I need that title because I paid the trailer all anybody can help me please do so. 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. To whom do I make my complaint? By the end of August, Green Tree will be no more. North American next argues that, even if the loan files and lead sheets are considered trade secrets, Conseco still "did not make a submissible case of either the fact of damages or the amount of damages." Who do we talk to about a lawsuit? It specializes in "servicing" (debt-collecting) subprime residential mortgages. Punitive damages are also subject to limitations imposed by due process. As the name suggests, Green Tree Servicing was supposed to service homeowners' mortgages by collecting and crediting monthly payments. Related documents Order Complaint FTC Press Release Press release He even called my elderly parents and harassed them. So disappointing! Walsh, 332 F.3d at 1158 (quoting Cruz v. Local Union No. 2001). Helping Clients With Custom Financing Options And Consulting Services, Greentree Offers Direct Financing And. On August 31, 2015, Green Tree Servicing became ditech, a Walter company. Can be redundant listening and scoring calls and there is alot of Grey areas when comes to scoring which can be a tead bit frustrating. 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. Detroit Home Buyers Offered Zero Down Mortgages Up to 150% LTV, Mortgage Lenders In Europe Now Owe Their Borrowers Interest, How to Get a Mortgage: From Start to Finish. Although Podner claims he made these copies in order to help a fellow employee make the transition to loan originator, Conseco provided evidence that would allow a reasonable finder of fact to determine that a threat of misappropriation existed with regard to these specific files. 3 of the Int'l Bhd. However, the district court denied North American's summary judgment motion relating to misappropriation of lead sheets, documents in Conseco's loan files, unfair competition, and tortious interference with business relations. You're all set! We tried to refinance with another company and they caused problems with that and we ended with not being able to do that. Touch with the entity that is hosting the class action. However, North American neither returned the stolen information nor discouraged its employees' use of Conseco's loan files and lead sheets. In response, Conseco contends that North American failed to comply with the requirements of Fed. The court also defined "readily ascertainable" to mean that the plaintiff did not spend a great deal of time or effort compiling that information. The PAUSE Program also lists entities that impersonate genuine U.S. registered securities firms as well as fictitious regulators, governmental agencies, or international organizations. Ditech added money on to my principal? Ops manager used to try to say no one uses restroom first 3 hours of shift. I was refused several times for a modification. Bristol also returned a number of documents at his deposition, in accordance with the district court's TRO. Who can I contact file a class action lawsuit against Green Tree, and Ditech? None of the contact #s I have called do not make contact with any Green Tree, Ditech or Shellpoint. You might be able to get more info by calling 1-877-FTC-HELP (1-877-382-4357). The corporation originates, pools, sells, and services manufactured home loans using a vehicle known in the industry as conditional sales contracts. R. Civ. I. My name is Margaret Heath my home was stolen Jan 2012 by Greentree. Visit the following to file claim or get information about filing claims etc: you need to exercise patience as the telephone numbers doesnt seem to work. North American argues that the award is based solely on its net worth and is so excessive that it violates due process. A few years ago I received a letter stating that money I paid them was owed back to me and I never received it and I WANT MY MONEY BACK. We are further convinced that North American's net worth was not the sole consideration in the jury's punitive award. 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. Allegheny County police said the shooting happened in the parking lot of the Unity. The case involves employees leaving an agriculture supply business to join a competitor. I am now 72 years old and am forced to live in HUD housing. How can I settle with them without paying. Because the evidence is susceptible to a reasonable inference supporting the verdict, we affirm the district court's decision to submit this claim to the jury and its subsequent denial of judgment as a matter of law. Fortunately, authorities were able to track the location of the call and . Tried to get relief through an attorney has messed over me. Join me to get resolution. I asked for a payoff amount and they refused to give it. I did not know at that time that these 80/20 Countrywide loans that went to Bank of America then Greentree and Nationstar that are sister companies were playing me the whole time. I just found this article and learned that I may be able to recoup the convenience service fees of $12 I paid multiple times to Green Tree. 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. I wish I new all this stuff was going with Green Tree Financial. Greentree Financial as been my mortgage company for 14 years. After several months I was told I wasnt making the right payment and I owed them almost $5000.00 And unless I paid this wthin 2 weeks They were forcloseing on my home, So I borrowred the money and paid them I dont have any idea how I am going to pay this back. But, to no avail. Then my account was sold to Ditech that did a loan modification which have me owing an outrageous balance after being in our home for 11 years. Phone: Web: Category: Mortgage Companies Greentree Financial ripoff Tempe Arizona Business Rating: Rate this business Tell us has your experience with this business or person been good? [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. Pros. 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. 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. If a borrower is in the process of foreclosure, it must be halted while the company reaches out to borrowers and evaluates other potential loss mitigation options. 2003). Greentree-financial.com is an online marketplace where a lender can give you a decision instantly for the funds you need. 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. We remand this case to the district court for entry of an amended judgment consistent with this opinion. I am trying to get the deed/title to my home. I have been a victim of Green Tree / Ditech and Shellpoint Mortgage abuse and excessive charge of fees. In 2000, over the course of several months, a substantial number of Conseco's office managers and loan originators resigned, and many of Conseco's former employees took jobs working for North American. Under this standard, the district court will only be reversed when "its ruling is obviously insupportable." Some of these former employees also expressed concern about Conseco's overall future financial performance. The caller informed Mambretti that all of his personal financial information-which he had entrusted to Conseco-had moved with the loan originator to North American's St. Louis office. The Catholic Church was going to try to help me pay for part of my Mobile Home Space Rent. [3] DiTech's rapid growth was fueled in part by an aggressive marketing campaign that included a national television commercial featuring a frustrated loan officer who would mutter, "Lost another loan to DiTech," after losing business to the company. My credit score was above 780, with no late payments. Consistent schedule, decent pay. Greentree Financial Profile and History . 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. During this same period, Conseco's mortgage service division downsized. 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. Was or used there a class action lawsuit because Id certainly be onboard. The transition concluded in the second half of 2015. These loan files included personal financial statements of Conseco customers, loan applications, appraisals, income calculation worksheets, W-2 forms, payroll information of Conseco customers, income calculation worksheets, tax returns, and bank statements of Conseco customers. On the one hand, the Lackey arbitrator (the same . I never received any kind of notice about a Class Action Law Suit. Conseco asserts that Kevin Kattleman, Kevin Podner, and Scott Bristol all removed customer loan files-or copies of the files-from Conseco's offices. 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. Nearly 10 months after the FBI was seen at a Green Tree office building conducting what it called "law enforcement activity," Pittsburgh's Action News 4 is .
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