- Report: #471042
Report - Rebuttal - Arbitrate
Complaint Review: GreenTree Servicing
GreenTree ServicingPO Box 6172 Rapid City, South Dakota U.S.A.
GreenTree Servicing Company lies and may be committing fraud with regards to HOPE Program Rapid City South Dakota
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On GreenTrees website there is a large logo depicting HOPE FOR HOME OWNERSHIP, a program instituted and put into practice this year. Apparently without any documentation or information, I dont qualify.
I have told GreenTree that if they dont lower this rate, (over 7 years I owe $28,000.00 and have paid almost $28,000.00 in interest), they can have the home.
I dont really want to move, however, this black money hole is a bad investment at this point. I think the home may appraise for 15-22k with todays market. When I had it appraised 7 years ago, it appraised at 35k.
I was told to skip Junes payment and they would see what could be done as far as a rate reduction and I did. I immediately started to get harassing collection calls up to 15 times a day. I answered the first few, and everyone I talked to what I was told to do. They said it wasn't in their computer. Give me a break, this is how you run a business. The left does not know what the right is doing? So I have to be 30 days late to get a rate reduction???
I am still going through this and now have to call a rep on Monday to see what can be done.
I have about had it and am ready to get something else and telling them what to do with their money hole.
This report was posted on Ripoff Report on 07/18/2009 09:52 AM and is a permanent record located here: http://www.ripoffreport.com/r/GreenTree-Servicing/Rapid-City-South-Dakota-57709/GreenTree-Servicing-Company-lies-and-may-be-committing-fraud-with-regards-to-HOPE-Program-471042. 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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