Mrpicture
Spring Arbor,#2UPDATE Employee
Tue, March 24, 2009
Conseco has not owned Green Tree Financial for years. They are sorry they ever heard of them. Their dishonest company caused the bankruptcy of Conseco Financial (which no longer exists). In 1998, Conseco FINANCIAL purchased Green Tree financial (GTF). The owners of GTF LIED on their financials: they had many non-performing loans that were hidden from Conseco Financial. This subsequently caused Conseco Financial to go into bankruptcy. In 2003, Conseco emerged from bankruptcy: this is found on the FREE LIBRARY website: http://www.thefreelibrary.com/Conseco+gets+approval+to+leave+bankruptcy.(Companies)(Brief+Article)-a0109904858 "A plan for reorganizing a firm during the Chapter 11 bankruptcy process has been approved by the court, paving the way for the company to come out of bankruptcy as an insurance-only operation." Conseco no longer has a mortgage business, so take care when slandering the company, lest you be served with a civil suit. I am not a direct employee of Conseco, but work for a subsidiary, PMA.