• Report: #924740

Complaint Review: Green Tree Servicing

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  • Submitted: Thu, August 09, 2012
  • Updated: Fri, January 11, 2013

  • Reported By: Doris — Tampa Florida United States of America
Green Tree Servicing
Rapid City, South Dakota United States of America

Green Tree Servicing Scam Artists Rapid City, South Dakota

*Consumer Comment: Green Tree Scam

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My mortgage was purchased by Green Tree in 2008.

A little trick they seem to play right now: I do NOT have an escrow account with them however, I noticed on my June statement that i apparently owe $80.59 for Corporate Advance Balance* *Corporate advances represents monies advanced by servicer to pay taxes, insurance, and any other amount currently due that are not part of an escrow
account.

Upon my call what this is I was told these is accumulated interest from 2008 when they took over the account. I sent a fax (and wonder upon wonder) received a letter a few days letter explaining that when they took over the account, there were 5 days, when interest accrued and was never collected. B.. I have paid every penny they ever asked for and additional funds. I responded (in writing) and have copied the FTC, the Attorney General Office in Florida and SC. Lets see what
happens next.

This report was posted on Ripoff Report on 08/09/2012 08:27 AM and is a permanent record located here: http://www.ripoffreport.com/r/Green-Tree-Servicing/Rapid-City-South-Dakota-57709-6172/Green-Tree-Servicing-Scam-Artists-Rapid-City-South-Dakota-924740. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

Green Tree Scam

AUTHOR: Anonymous Consumer Advocate1 - (USA)

The URL listed above for Green Tree Servicing is incorrect . The correct URL or Web Address is : http://www.gtservicing.com/ . You can see right there on their home page as they proudly proclaim their highly successful Mortgage Modification Plan . They get the 162 million in tarp funds for mortgages , plus they foreclose on all the homes and sell them anyway . The consumer gets a 162 million dollar bill and gets kicked to the street . Shame on you Green Tree . You are a criminal enterprise . Your day is coming soon .

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