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Ditech Financial (Previously Green Tree Servicing) hit with seven-figure fine

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Paydayloans247 | 30 Sep 2016, 08:15 AM Agree 0
A Florida mortgage company operating in Massachusetts has agreed to pay the state $1.4 million to settle allegations it had violated debt collection laws
  • Joe Wehage | | 30 Sep 2016, 12:22 PM Agree 0
    A slap on the wrist. Local State operations are just looking at these issues as "cash cows". Did Massachusetts keep the $1.4 million or did it go to the clients whom the "bad practices" were perpetrated on?

    Just like the CFPB's $185,000,000 fine against Wells Fargo. Shouldn't those funds go to the individuals whom Wells Fargo preyed upon?

    Hit these companies where it counts, continued "sources" of income. De-license them and see how fast CEOs get their companies in line.

  • Customer | | 01 May 2017, 07:38 PM Agree 0
    No the customers didnt get paid. Who did Ditech pay off to keep the customers from getting their resitutuion?
  • Sharon | | 16 May 2018, 05:30 PM Agree 0
    I was a customer why wasn't I contacted by anyone?
    They ripped me off I'm getting a lawyer now. I was looking through old payments and things were not adding up.
  • Kelly Taylor in Georgia | | 09 Jul 2018, 11:47 AM Agree 0
    I was ripped off by Greentree on two mortgages, and then by Ditek. Also receive many calls a day, home AND work. Their math was a joke. Then lost my home, thank you Ditek. I hope it is not too late to sue them for a discrepant foreclosure and selling of my home.
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