WebApr 8, 1998 · Text. 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 … In 1995, John Paul Reddam founded DiTech Funding Corporation (DiTech) in Costa Mesa, California. The company's name was derived from the phrase “direct technology.” DiTech became one of the first lenders to offer mortgages to the public online and via a toll-free number. In April 1995, Reddam began originating, selling, and servicing mortgage loans tied to the prime interest rate. Reddam's business model quickly extended DiTech's operating territory to seven states b…
Conseco Files for Bankruptcy - ConsumerAffairs
WebFeb 11, 2024 · Summary of Assets and Liabilities due 02/25/2024. Statement of Financial Affairs due 02/25/2024. Incomplete Filings due by 02/25/2024, Filed by Ray C Schrock of … WebToday, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) ordered Green Tree Servicing to pay $48 million in borrower … the painterland sisters
Green Tree Mortgage - MortgageLoan.com
WebJun 14, 2014 · When Conseco (an insurance and finance company) filed for bankruptcy in 2002, it had an estimated value of $52 billion. The company fell into bankruptcy for a couple of reasons, but the main reason behind its downfall is the companies that Conseco acquired in the 90s. WebApr 21, 2015 · Green Tree Servicing, LLC CFPB and the Federal Trade Commission took action against Green Tree Servicing, LLC, for mistreating mortgage borrowers who were trying to save their homes from foreclosure. Related documents Order Complaint FTC Press Release Press release Web1998: Conseco acquires Green Tree Financial Corporation and expands into the financial services sector. Company History: Conseco, Inc. provides insurance, investment, and lending services to more than 12 million customers. Targeting 'middle America,' or U.S. households with annual incomes between $25,000 and $75,000, Conseco's insurance ... shutterfly address book template