Have ALL original documents. They were awful. STE. 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. At Greentree Financial we offer our clients comprehensive financial planning. Shell point mortgage servicing owns the mortgage now. Readying correspondence to: FTC and others along with copies to EACH house member and Senate with original to President of USA. 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. Most notably, Conseco's management decided to discontinue loan services in the subprime lending market. Greentree Financial as been my mortgage company for 14 years. It makes me so D MAD. Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. Pros. At Greentree, we make the loan process frustration and hassle-free. I was going through a really hard time, I fell on hard times, I called green tree to try to talk to them because I was not able to make my payments. 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. Corp. v. KCBS, Inc., 910 S.W.2d 329, 331-332 (Mo.App.1995). This is horrible! Williams v. ConAgra Poultry Company, (slip opinion August 6, 2004). Who do I contact to get whats owed to me? But I got rid of them. I was diagnosed with breast cancer and just asked for a little guidance from them. At that time, we only had 17 years left on our 30 year loan. However, these were not the "specific grounds" on which North American argued below. For guests with a vehicle, free parking is available. App. [2] Following the acquisition, Ditech used the name of Walter's Green Tree Servicing subsidiary to originate loans for regulatory and licensing reasons. Cir. Who do I need to contact to get additional info about this claim? CFN Investment Holdings will pay $700 million. This company or like vultures and dont care whom they may devour. North American sought this information in an attempt to pursue Conseco's loan customers and business leads. 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. 2001). I cant get in touch with anyone to get it off. Have been layering and looking for help. ", 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. Id. 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. They sent me wrong documents, pretend they dont have them and are also scamming borrowers. Now Green Tree has placed Lien on a separate Property I have already paid off. Its showing on my credit report that Im late , 60 days. A due process violation occurs when the punitive damages imposed by the jury are grossly excessive. What Mortgage Rate Can I Get With My Credit Score? For those who still have their homes, Green Tree must convert temporary loan mods into permanent ones. CitiFinancial exited the servicing business in 2017. I was a victim of this as well from Green Tree, but I never received anything regarding this class action lawsuit. I have confirmation numbers from my bank and I have never had a problem paying this way, even to them. 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.'" This instant case involves thousands of customers-located throughout the country-who were identified through a complex computer system. This handbook states that "non-public information about customers, dealers, and others is strictly confidential.". Pulse they put on my credit report that I was evicted. I understand what the FTC and CFPB are talking about with this them. 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. See reviews, photos, directions, phone numbers and more for Greentree Financial locations in San Antonio, TX. T213. I am pretty sure this will never get taken care of after reading all the comments. Paid almost every payment with a convenience fee. 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. Afterwards, an audit was done and they removed some on-time payments to take some incentives away from me. The district court upheld each of the awards, noting that North American's conduct was "widespread and systematic" and "reprehensible," and that the award was "not an injustice, but rather appropriate in light of the evidence." Your email address will not be published. Lastly, the company has been ordered to provide access to quality customer service so borrowers can actually save their homes from foreclosure instead of being pushed toward an arrangement that compensates Green Tree. We tried to refinance with another company and they caused problems with that and we ended with not being able to do that. The Truth About Mortgage. However, he speculated that as many as ten of these former Conseco customers could have switched their business to North American. I tried to explain they were using an 18 month required funds audit for a 12 month payment and contacted CA Department of Business Oversight for assistance. I did call Ditech. at 416-417, 123 S. Ct. 1513 (2003). [2], In May 2014, Ditech launched a co-branding and joint-venture initiative with more than 600 institutional partners that provide mortgage and refinance loans to their customers. 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. 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? It is apparent that North American developed the theory raised in their Rule 50(b) motion only after the jury's verdict because it (1) failed to object to the general-verdict form, (2) offered no jury instructions explaining Missouri's difficult proof standard for lost profits, and (3) made no substantive objection to the damage instruction. I wonder if Green Tree will go out of business because of this. Green Tree moved to compel arbitration. And, interestingly, much of the improper activity occurred after Conseco filed suit, further reflecting the reprehensibility of North American's actions. Then the next month BOA sold my loan to GreenTree. 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. Eventually we got word that our payments were not being accepted even with the money in our account, we were instructed to start sending payments in by purchasing through Walmart, which was additional funds. I too was a victim of the Green Tree / Ditech scam. In response, Conseco contends that North American failed to comply with the requirements of Fed. If colloquy between counsel and the trial court fleshes out the motion, it may provide the opposing party with the requisite notice. What Credit Score Do You Need to Get a Mortgage? [5][3] DiTech became a household name as a result of the commercials. by | Jun 3, 2022 | james carone florida energy | when a man criticizes another woman | Jun 3, 2022 | james carone florida energy | when a man criticizes another woman My credit score was above 780, with no late payments. We will not set aside the jury verdict unless there is a complete absence of probative facts to support the verdict. They ruined my credit report for NO reason. but my Manager refused to take the payment. Consequently, he was employed by both companies during this two week period. I.say file, file and get an attorney. Yeah, I almost deserve this. The opposite of how it should work. 332 Minnesota St St Paul MN 55101. At both the close of Conseco's case and the close of all of the evidence, North American filed motions for directed verdict, which were argued before the court. All crooks. Ive been a customer since 2002. A review of the record leaves us with no doubt that the jury had sufficient evidence before it (albeit conflicting evidence) to conclude that North American had engaged in unfair competition and caused damage to Conseco. 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. Just plain NASTY! The parties proceeded to a trial on the merits for these issues. [2] In May 2014, Ditech announced its re-entry to the U.S. housing market. However, we cannot allow the punitive damage award to stand at $18 million, and remit the award to $7 million. She did this several times, threatening me, stressing me out they would foreclose and I would lose my house due to their error and unwillingness to correct it. I let the property go into foreclosurethey received less than what I paid for it. It is clear to us that Conseco derives economic benefit from this information. individuals with low credit scores. By the end of August, Green Tree will be no more. 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. I would like to have my house back. my payments are being sent back to me. [7] Institutional partners can price, lock and deliver individual loans through the Ditech website. Id. Ark. 1150 (E.D. WOW so I have read alot of these stories and not surprised at all after what they did to us. Greentree makes the loan process simple, stress-free and easy. Claim this business. Even the emails I have sent do not get me in contact with anyone that can I assist. My Manager sold my Mobile Home to a Mexican for like $500.00 When I was thrown out of my home I still owed like $33,000.00 on my Mobile Home. Anyone have a number I can call. The Court, however, went on to note that " [w]hile these ratios are not binding, they are instructive. And doing something about it, cause Lynn Im that ((((B)))). In the event that Green Tree and the Harrises do not agree on Green Tree's choice of arbitrator, section five of the FAA provides that either party may petition the court to appoint an arbitrator. 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.