ST. PAUL -- The year was 1988 and it was a bad one for Green Tree Acceptance.

The company's former parent, now-defunct Midwest Federal Savings, filed suit against Green Tree, charging the company with bilking Midwest out of $100 million on a $188 million sale of mobile-home loans.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.