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Nov 14 - Standard & Poor's Ratings Services said today that its ABOVE AVERAGE residential subprime, special, subordinate-lien, and manufactured housing (MH) rankings and stable outlook on Green Tree Servicing LLC (Green Tree), a wholly owned subsidiary of Walter Investment Management Corp., are not immediately affected by the Oct. 24, 2012, announcement that Walter Investment Management Corp. and Ocwen Loan Servicing LLC were jointly awarded the highest and best bid for GMAC Mortgage LLC (GMACM) in a bankruptcy court sponsored auction. GMACM is a mortgage servicing subsidiary of Residential Capital LLC (ResCap), which is the residential mortgage subsidiary of Ally Financial Inc. The bid, with a purchase price of $3 billion, is subject to definitive documentation and bankruptcy court approval. The sale approval hearing before the bankruptcy court is set for Nov. 19, 2012. Standard & Poor's previously lowered its residential prime, subprime, special, and subordinate-lien mortgage loan servicer rankings on GMACM to AVERAGE from ABOVE AVERAGE on May 4, 2012, and assigned a negative outlook to the rankings. Standard & Poor's will continue to monitor the situation and will take ranking actions as appropriate based on our assessment of the impact that this acquisition will have on Green Tree's servicing operations.
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Is green tree financial affiliated with Bank of America?
Good question. Last year Bank of America transferred the servicing of the 2nd mortgage I had on a home that foreclose to Green Tree. BOA did this after foreclosure and Green tree is after me for the remaining deficiency balance even though I have no home!
Is green tree servicing connected to bank of America?
Green Tree Servicing is a service company that Bank of America Releases many of it's mortgages to
How is Green Tree Servicing connected to Bank of America?
Green Tree Servicing is a service company that Bank of America Releases many of it's mortgages to
Is Assurant Insurance affiliated with Green Tree Financial?
My mobile Home is insured by Assurant Insurance company, since we did not supply our own insurance, green tree chose this provider and insured the home for us through them and added the payment to our monthly payment
Is Green Tree Financial Corporation a subsidiary of Bank of America?
Was told by a BofA rep that it was a subsidiary.
How is a Green Tree Mortgage different from the others in the market?
Green Tree Mortgages are offered by the company Green Tree Servicing. Their mortgages are commonly bought from other initial providers. They also have been sold the servicing rights of many mortgages from the big providers in the US, i.e. Fanny Mae, Bank of America and Freddie Mac
What adaptations do green tree frogs have?
The green tree frog is nocturnal. In the daytime, the green tree frog sleeps on green foliage to camoflauge.
What is the green tree python?
A python that lives in a green tree
How many species of green tree frog are there?
There are 17 species of the green tree frog.
Was GMAC Mortgage ever affiliated with GreenTree Financial Corp?
Because of BK, GMAC sold its mortgages and notes and collection rights to Walter Management, who owns Green Tree. This happened the last week of January, 2013.
What are adaptations for a green tree frog?
The Green Tree Frog has suction pads on the tips of its feet. The Green Tree Frog can change colour to match its surroundings. The Green Tree Frog has a long sticky thong.
Who is a prey of a green tree frog?
when is a green tree frog most active
