- Report: #84291
Complaint Review: Conseco - Green Tree Finance - Rapid City South Dakota
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Conseco - Green Tree Finance
900 Concorse Drive Rapid City, 57703 South Dakota, U.S.A.
Phone:
800-330-5183
Web:
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Conseco - Green Tree Finance ripoff liars cheaters Rapid City South Dakota
We got our loan with Green tree in oct of 1999 and like others I have read about we were lied to again and again. The first lie was about the value of our home wich was less that they told us, secound was the interest rate that was suppossed to be 7% but ended up being 11%, they also told us that if we made split payments it would be paid off sooner only to be told later by the company that they did not honor this.
They would not refinace our loan at a lower rate until I got the FTC involved then they sent me a contract with a confidentiality agreement and they would lower my rate only If I signed this. I did not sign this and I fought with this company for two years.
We finally signed the home over in a deed in lieu of foreclosure contract only to have green tree now report that we owe them 25,000$. In the deed contract it states we are not liable for any money owed on the home. I can not wait to be rid of this Five year nightmare with this company.
I have tried the FTC the BBB, and the state attorney generals office, the only recourse is that I was able to get the appraisers liscense taken away for 2 years yet green tree remains untouched. I have spoken with 5 different lawyers about them and they all react as if conseco/green tree has too much money to fight.HELP!!! these people have to be stoped.!
Amber
Marysville, Washington
U.S.A.
They would not refinace our loan at a lower rate until I got the FTC involved then they sent me a contract with a confidentiality agreement and they would lower my rate only If I signed this. I did not sign this and I fought with this company for two years.
We finally signed the home over in a deed in lieu of foreclosure contract only to have green tree now report that we owe them 25,000$. In the deed contract it states we are not liable for any money owed on the home. I can not wait to be rid of this Five year nightmare with this company.
I have tried the FTC the BBB, and the state attorney generals office, the only recourse is that I was able to get the appraisers liscense taken away for 2 years yet green tree remains untouched. I have spoken with 5 different lawyers about them and they all react as if conseco/green tree has too much money to fight.HELP!!! these people have to be stoped.!
Amber
Marysville, Washington
U.S.A.
3 Updates & Rebuttals
LeWanda
Blackstone,Virginia,
U.S.A.
Amber, I am still not going to give up because that what Conseco want us to do.
#2Consumer Comment
Sun, April 25, 2004
Amber, My name is LeWanda and I am also a victim of Green Tree "AkA" Conseco. Thank you, for giving me the Fannie Mae information and I will call her on Monday. Also, I want you to read my article as to what Conseco has done to me as well. Also, please call the F.B.I because they have informed me in January, 2004, if more people call with the same complaint, they will make a move on it. Believe me, I am still not going to give up because that what Conseco want us to do. Amber, thank you for this information and please read my article and e-mail me back.
Amber
Marysville,Washington,
U.S.A.
some help from Fanny Mae
#3Author of original report
Wed, April 21, 2004
To those out there who are looking for people to complain about Conseco to try Fanny Mae. I got a call from them yesterday concerning a complaint letter I sent about conseco aka Green tree. If you are interested their coporate address is 3900 wisconsin NW WA. DC 20016-2892 and their phone number is 202-752-7000. Hopefully if they get more complaints about Conseco/ green tree this Company can be stopped. Also please contact your local state attorney generals office and the federal trade commission (FTC) these state agencies are usually easy to find online and they can offer online complaint forms. The more of us who put in some time can really make a differance! Good luck everyone!
Amber
Marysville,Washington,
U.S.A.
Fraud alledged at conseco
#4Author of original report
Fri, March 26, 2004
Some good news for those of us who hate Conseco aka Green tree finance In the march 12th edition of the Seattle PI there was an article reading that " the securities and Exchange comission said that consecos former cheif financial officer Rollin d**k and former treasurer ,James Adams, conducted a fraudulent accounting scheme in order to avoid reporting the decline in value of certain securities held by conseco finance, a subsidiary formed through the 1998 purchase of mobile home lender Green tree Financial corp. d**k and Adams also ordered accountants to make improper adjustments to Conseco finances financial statements to investors and regulators, which inflated earnings in each of the three quarters of 1999, the SEC order alledged. The SEC demanded Conseco end all ongoing and future violations. as part of the settlement conseco neither admited or denied any of the findings. d**k and Adams face up to 110,000-120,000$ per violation. Consecos ceo would not comment on the situation and the company released a statement saying " it was pleased to have resolved the legacy issue" In another article from the associated press it states that consecos bankruptcy filing was the third largest in U.S. history, trailing only the filings of WorldCom and Enron. If this doesn't make this comapny look like a bunch of evil crooks I don't know what does.( if they can do this what else have they done??) I hope that more news about this comapny comes out so that they can be put out of buisiness. Good luck to those of you who are fighting these people!! I am on your side!!!
