Has anyone out there had their manufactured home loan through a lender who then assigned rights of the mortgage to GreenPoint Credit, who then sold out to Green Tree Servicing?
Green Tree Servicing, LLC, purchased our defaulted manufactured home loan in October of which under section 1692 (e) of the commercial code, makes them a "debt-collector". I received nothing from GreenPoint regarding the transfer, and notification by Green Tree, introduced themselves as our new "loan servicer".
A motion for relief of stay was filed with the bankruptcy court supposedly on behalf of "GreenPoint Credit" who no longer had interest in the loan. They proceeded in state court and were successful in an unlawful detainer action, and a writ of possession. The thing hardest to believe, is they did this without so much as a copy of the security agreement for the loan due to fact it was "lost" by GreenPoint when centralizing their record warehouse.
When we converted our chapter 7 to a 13, our attorney faxed their attorneys notice that same day. Several days later we received a three day notice stating that Green Tree had sold our home at a private auction, to themselves for what was still owed on the loan, screwing us out of somewhere between 30,000 and 40,000.
The original loan was for 49,000 plus and that is what they claimed we still owed after FIFTEEN YEARS OF PAYMENTS.
What happens next?
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