Green Tree Servicing. My home was damaged in a fire. My insurance company gave me a check in my name and Green Tree Servicing.  St Paul Minnesota

My home was damaged in a fire. My insurance company sent me a check for over $18000 for the repairs. It was made out to myself and Green Tree Servicing (my mortuage company). I had to sign the check and send it to Green Tree along with the estimates on the damage. There was approximatly $2000 in material and $16000 in cleaning and labor. Green Tree has a 7-10 day waiting period to process the check. If there is anything missing from the documentation then they start the process over again. Supposedly the first check went out yesterday after over a month and it was only for $1000. Every aspect of the work has a different set of documentation, one for the demo, one the clean up, one for the sheetrockers, one the painters, one for the carpet install, one the the AC/Ventilation cleaning. Then each one will have a 7-10 day waiting period to receive their money unless the documentation is wrong, then the 7-10 day process starts over. I believe they have found a great way to invest peoples insurance money. If you are considering a home loan, I would strongly encourage you to go somewhere else. They have been very difficult to work with.