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Message Subject ACK! Bank of America just sold my note to Gree Tree LLC who wants $12 for online payments!!! I need some help.
Poster Handle Pangn
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Just got notification that they transferred my mortgage to Green Tree LLC. Get this... Green Tree LLC wants $12 to provide me with the service to process my online payment.

I've been googling the company all night and they sound like a huge scam - tacking on extra charges and bogus fees.

I'm going to head to a local credit union tomorrow and see what I can do. Problem is... I bought way under my budget, so the loan is pretty small (under 50k) and nobody really wants to deal with it. That's the reward I get for buying a starter house within my means...

I'm open to any ideas / suggestions on getting such a small refi.

They also changed my due date from the 9th to the 1st - making the Payment due today, green Tree is already calling about the payment being late. I've only gotten notification from BOA - I don't even know my account # for the new place, yet... No statement. Nothing.
 Quoting: ifSHTF


Yup, I just talked to someone today that said the same thing about their BOA loan being sold to GT. Sounds like a scam alright.

Now I just made my August mortgage payment today (1 month late) to Chase and they never called me or sent a reminder or e-mail or anything. But I did have to pay a $40 late fee, at least they didn't harass me.
 Quoting: G3


Chase owns my loan too. I've had a few issues with them

I called in a payment and they said "through checking?" and I said "yes" and that was it. They processed it through an old account at another bank which was suppose to be closed. That bank charged me $25 and then Chase charged me $25. Neither bank would give the credit back. Couldn't ruin the credit because my husband was about to buy his distributer route.

The second thing is.. my escrow at the end of this year will have a $200 surplus.. but they're still charging me for a shortage $3.09 every month. wtf

But.. they have never harassed me. And I hope to goodness they never sell my loan. I feel like that should be illegal unless the bank in question will be closing operations. The purchasing bank should have to adhear to all of the previous loan arrangements.
 
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