Anyone heard of Greentree, who I think is a sub-servicer for B of A

I live and am licensed in Sarasota, FL; however, my son is in CA and has to do a Short Sale due to job relocation in Omaha.  A few months ago he started receiving monthly statements from Greentree!  Are they a sub-servicer for B of A and who does the homeowner approach for a Short Sale.  Shortly, he will hire a local realtor (hopefully CDPE or experienced).  Thanks.  Randy Schweitzer

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Hello Randy,

Yes they are; and the Homeowner will deal with GreenTree, their number is 800-839-9188.

Sincerely,

Jorge

Hi Randy,

I have dealt with Greentree, they were a big lender (at least in my area) during the lending boom.

I am in California...if you need a referral...I would  be happy to help.

I am a CDPE, plus a background of 25+ years in escrow.

My email is: tntdavis@gmail.com

I remember when Greentree was financing Harley Davidsons. You could go to the dealer, buy a new harley sportster for about $2800 with an 21% loan and ride out the door and into paradise until you had to make your first payment. That was in the mid 80's. I see they are still slithering around.  Listen to the recording when calling a servicer. Does the recording say "we are a lender"?  No, the recording says"We are a debt collection agency".  Enough said.

I have worked with Greentree who is not a servicer for Bank of America, but a debt collector that buys non-performing notes from Bank of America (including some that BofA services) and then attempts to collect the debt.  If there is MI insurance it'll most likely be declined, but otherwise they will consider a short sale.  I am a CDPE in Ventura County and also handle the San Fernando Valley (Southern California), if I can be of assistance.

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