A MAJOR MORTGAGE LENDER SETTLES WITH THE NEW MEXICO ATTORNEY GENERAL'S OFFICE. IT FOLLOWS ALLEGATIONS THAT GREEN TREE SERVICING FORECLOSED ON THE HOMES OF STATE RESIDENTS WHO HAD DIED, WITHOUT NOTIFYING FAMILY MEMBERS. SPOKESMAN PHIL SISNEROS TELLS 770 KKOB, THERE WERE AT LEAST SUCH 25 CASES.
GREEN TREE DENIES ANY WRONG DOING. BUT THE COMPANY AGREES TO PAY 140-THOUSAND DOLLARS AND TO NEVER AGAIN BE APPOINTED PERSONAL REPRESENTATIVE OF A HOMEOWNER'S ESTATE.
