CFPB v. Green Tree Servicing, LLC
The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) entered into a consent agreement with Green Tree Servicing, LLC.
The CFPB and FTC alleged that the defendant mistreated mortgage borrowers who were trying to save their homes from foreclosure. Green Tree Servicing, LLC failed to honor modifications for loans transferred from other servicers, demanded payments before providing loss mitigation options, delayed decisions on short sales, and harassed and threatened overdue borrowers.
The CFPB contracted with Epiq Systems, Inc. to administer payments for this case. This matter is now closed.
For more information on this closed case, contact us at Consumer Financial Protection Bureau, Attn: OCFO, Green Tree Servicing LLC, 1700 G Street NW, Washington DC 20552.
September 01, 2016 – March 31, 2019: Distribution