Vigoro contended that the names of 200 former customers constituted a trade secret. Both encouragedays us to be 90 days delinquent. The parties proceeded to a trial on the merits for these issues. R. Civ. They have been sued and need to be sued again. Walsh, 332 F.3d at 1158 (quoting Rockport Pharm., Inc. v. Digital Simplistics, Inc., 53 F.3d 195, 197 (8th Cir. 21 Things That Can Raise Your Mortgage Rate. In our review of the punitive damages award, the Supreme Court instructs us to consider three guideposts: (1) the degree of reprehensibility of the defendant's misconduct; (2) the disparity between the actual or potential harm suffered by the plaintiff and the punitive damages award; and (3) the difference between the punitive damages awarded by the jury and the civil penalties authorized or imposed in comparable cases.11 Gore, 517 U.S. at 575, 116 S. Ct. 1589 (1996). Just paid off a home and was going to sell and it has a lien on it. Also my credit report showed I was never late so Greed Tree robbed us. This would begin CNN's ongoing live coverage of the September 11 attacks.[22]. Thinking that would eliminate the harassing calls. Contacting Green Tree Servicing - by phone or otherwise. [3][7], Ditech pioneered 125 percent loans that allowed mortgage loan applicants to borrow more than properties were worth. Following the jury verdict, North American renewed its motion under Rule 50(b). 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 were victims of Greentree. I too was a victim of the Green Tree / Ditech scam. [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. 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. I have a mortgage with Ditech (prev Greentree). I was a victim of this as well from Green Tree, but I never received anything regarding this class action lawsuit. They sent me wrong documents, pretend they dont have them and are also scamming borrowers. 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. Furthermore, Conseco takes reasonable steps to ensure the secrecy of these files. 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. Pony Comp., Inc. v. Equus Comp. We work with many lenders as well as advertisers and other networks across the nation. 1150 (E.D. Now Green Tree has placed Lien on a separate Property I have already paid off. It also granted summary judgment in North American's favor as to solicitation of employees and participation in breach of fiduciary duty. My payments went back up to what they were before the nodification. Zachar, 363 F.3d at 74 (quoting Davignon v. Clemmey, 322 F.3d 1, 13 (1st Cir. Ditech held a sponsorship in the NASCAR Nextel Cup Series from 2004 to 2007, prominently appearing on the #25 Chevrolet driven by Brian Vickers. Kimzey v. Wal-Mart Stores, Inc., 107 F.3d 568, 576 (8th Cir. Green Tree Financial Corporation is the only company in the United States to specialize in manufactured home loans. Ops manager used to try to say no one uses restroom first 3 hours of shift. 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. [15] After a few weeks they turned our account over to someone else and the same cycle. Personally the FTC is probably a scam too. Witnesses for both parties testified that the information contained in these files was recognized by all Conseco employees as confidential, and therefore not to be disclosed. Sys. Wish me luck. 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. 2003)). The net worth of North American is approximately $3.6 billion.9 Here, the jury awarded punitive damages of $18 million and compensatory damages of $3.5 million, resulting in a 5.14 to 1 ratio. This handbook states that "non-public information about customers, dealers, and others is strictly confidential.". 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." 1995)). Greentree Financial as been my mortgage company for 14 years. 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. Green Tree Servicing (now Ditech Financial LLC) | LinkedIn I suffered under them for no apparent reason as my payments were made on time. Cooper Indus., Inc. v. Leatherman Tool Group, Inc., 532 U.S. 424, 435, 121 S. Ct. 1678, 149 L. Ed. collinseisenring1962@gmail.com. Harris v. Green Tree Financial Corp. - Casetext I would hate to be the insurance company that underwrote the surety bond for Green Tree. what do I do now? A $12.5 million settlement has been reached and is pending approval in the class action lawsuit filed against Green Tree Financial Corp., formerly Conseco Finance Corp., by shareholders. She is being bamboozled herself. Capital One announced that it would cease loan origination operations at Greenpoint Mortgage immediately, and according to initial reports, cut roughly 1,900 jobs. Who do we talk to about a lawsuit? God bless all of you also dealing with cancer etc. Corp., 136 F.3d 276, 286 (2d Cir. The Mortgage Refinance Process: Step-by-Step Guide, How to Lower Your Mortgage Rate Without Refinancing. That statute authorizes a fine of $5,000. 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. I bought my mobile home Like in 1995 and I was kicked out of my mobile home Like in 2015. It was like $ 46,000 to start off with by the time I got evicted, I still owed $ 33,000 on my Mobile Home after paying on it for like 20 years. It determined that Conseco's lead sheets and documents in its loan files are trade secrets, but also determined that Conseco's customer lists and certain financial information are not trade secrets. Greentree Financial Group - Overview, News & Competitors - ZoomInfo Contact - Greentree Financial Group 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. They at least owe my husband an apology for the way they treated him during an awful time but know they arent decent enough for that. Nice article. They are nothing but crooks. Greentree was started in 1999 and maintains three offices in Ft. Lauderdale, Florida, Charlotte, North Carolina and Guangzhou China. ALWAYS trouble. 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. Any normal good company with a major bank documentation would understand or have a solution. I just closed on my deal with Greentree on the second. 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. 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. Greentree Financial Group's headquarters are located at 7951 SW 6th St Ste 216, Plantation, Florida, 33324, United States What is Greentree Financial Group's phone number? ..There is so much fraud involved and I keep finding more everyday..Just waiting to figure out what road Im going to take as far as legal action. CEO Approval. STE. 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 . You already receive all suggested Justia Opinion Summary Newsletters. Hi Folks I am in need of my Title to my Modular Home I paid off in 2016, so I can sell my home. Ditech 2003). Corp. v. KCBS, Inc., 910 S.W.2d 329, 331-332 (Mo.App.1995). Victims of Green Tree Servicing (and Bank of America) - MSFraud 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. How will former employees be compensated for their income lowering and workload doubling? Thanks in advance. We had a home equity line with them and ended up borrowing from my parents to pay it off. On the one hand, the Lackey arbitrator (the same . On this Wikipedia the language links are at the top of the page across from the article title. As such, it captured over 25 percent of that business by 1993. North American sought this information in an attempt to pursue Conseco's loan customers and business leads. As far as concerns the Lackey plaintiffs, what happened in arbitration is less clear. 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. Touch with the entity that is hosting the class action. Are there a class action lawsuit against ditech with all the forgery and false information, Im in South Carolina. The court also defined "readily ascertainable" to mean that the plaintiff did not spend a great deal of time or effort compiling that information. We will consider the evidence in the light most favorable to the verdict, giving the prevailing party the benefit of all reasonable inferences, Id. Cash Out vs. HELOC vs. Home Equity Loan: Which Is the Best Option Right Now and Why? 1995)). By his own admission, Keeler's increased compensation was due in part to his work in the company's subprime market expansion. Im to the point now where I am contacting my own attorney in order to resolve everything. I did call Ditech. Some reps told borrowers they were deadbeats and warned them that nonpayment of their mortgage could result in arrest or even imprisonment. 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. I was evicted and thrown out of my Mobile, in the pouring down rain! (0) Super Helpful (0) They're not great but not a Ripoff (0) Total Ripoff (0) I paid my home off in December 2020. The most rude people of customer service, even the president or ceo a Mr Walter..I think. [3], In 1999, DiTech was acquired by GMAC (now Ally Financial), then owned by General Motors. Please help! thank you Jill Hardwick. I hired a lawyer in May this year. The company has also been ordered to halt all mortgage servicing violations, including how much consumers owe Green Tree. 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. Who do I contact to file lawsuit and get justice and prove damages? The PAUSE Program also lists entities that impersonate genuine U.S. registered securities firms as well as fictitious regulators, governmental agencies, or international organizations. Another time they did their yearly audit and, instead of using 12 months for the yearly audit to adjust taxes and insurance they used 18 months for funds needed which greatly increased my monthly payment amount. We, however, affirmed the decision of the district court to deny the injunction. (651) 224-5017. [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. These files were located in Kattleman's office at North American until he returned them to Conseco, as ordered by the district court in its TRO. 1969)). 332 Minnesota St St Paul MN 55101. But next months statement shows only the principal stated as due being payed, with the excess going toward interest. The parties then chose an arbitrator, indeed . Conseco Fin. For guests with a vehicle, free parking is available. [2] It also announced a corporate re-branding with its servicing affiliate, Green Tree Servicing, which took place in 2015. The State of California received a notice from Ditech that I overpaid something and am due a refund, but Ditech no longer exists. As such, it captured over 25 percent of that business by 1993. I would like to have my house back. Green Tree Servicing Phone Number | Call Now & Shortcut to Rep - GetHuman If Green Tree serviced your mortgage from 2010 to 2014, you might be due some compensation for alleged wrongdoings. Also, North American's senior manager, Wade Hershel, received faxes containing Conseco loan documents originating from Conseco's St. Louis branch office from loan originators with this clandestine dual-employment status. It is clear to us that Conseco derives economic benefit from this information. At Greentree Financial we offer our clients comprehensive financial planning. Update on March law enforcement activity in Green Tree - WTAE You might be able to get more info by calling 1-877-FTC-HELP (1-877-382-4357). Conseco Agrees to Acquire Green Tree for $6.44 Billion - WSJ 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. Galdieri-Ambrosini v. Nat'l Realty & Dev. At Greentree Financial we offer our clients comprehensive financial planning. Helping Clients With Custom Financing Options And Consulting Services, Greentree Offers Direct Financing And. Green Tree caused me to have anxiety attacks and depression!! and (3) Will the victims be required to apply for a settlement? Pros. Green Tree Acceptance, Inc. - Company Profile - Corporation Wiki Both Greentree and Ditech are thugs. It was just a cycle. I have bank statements proving money was taken out and cashed to them and mortgage statements proving the money was never applied to my loan. This is actually still happening. Trying to get a lien release from green tree. Green Tree has been accused of some pretty bad stuff, Including warning delinquent homeowners of imprisonment, And doing little to help borrowers keep their homes, Along with harassing phone calls and unresponsive customer service, Any temporary loan modifications must be made permanent, And all active foreclosures must be halted, While the company evaluates loss mitigation alternatives. I told them they were charging me 3x my payment and I had made them on time. However, a post-trial motion for judgment "`may not advance additional grounds that were not raised in the pre-verdict motion.'" Before MORRIS SHEPPARD ARNOLD, RICHARD S. ARNOLD, and SMITH, Circuit Judges. 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. The endless calls at all times of day and night being that sick, and I am making a long story very short. How does a former employee get compensated? 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. 7410 S Roosevelt St Ste. Thank you, Kim (ADD ME TO YOUR LIST). Co., 866 F. Supp. Told her I would be contacting attorney. Mo. Lyn-Flex West, Inc. v. Dieckhaus, 24 S.W.3d 693, 697-698 (Mo.App.1999). Auto. Ive been trying to get a short sale with Greentree since May of 2014. The company's unusually aggressive collection methods and other business practices are in question. I paid them immediately over the phone once aware and confirmed it was not cashed. Today, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) ordered Green Tree Servicing to pay $48 million in borrower restitution along with a $15 million fine to the CFPBs Civil Penalty Fund. Recent filings for GREEN TREE FINANCIAL SERVICES CORPORATION 22 Nov 2010 Adherence to the rule is mandatory. 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. In May 2014, Ditech announced its re-entry to the national housing market after it disappeared from the marketplace for five years during the subprime mortgage crisis in the late 2000s. WOW so I have read alot of these stories and not surprised at all after what they did to us. 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. Is Green Tree Servicing now ditech? As the name suggests, Green Tree Servicing was supposed to service homeowners' mortgages by collecting and crediting monthly payments. They harassed me so much while my husband was undergoing chemotherapy with Stage 4 Colon Cancer.