When Conseco Inc. bought Green Tree Financial in 1998, the fast-growing insurer hailed the deal as the breakthrough it needed to become a financial-services supermarket to middle America.

capped by a disastrous purchase in 1998 of loan firm Green Tree Financial, now called Conseco Finance. That deal exposed Conseco to a mountain of bad loans — largely on mobile homes and ...

Conseco's stock had collapsed from highs around $56 two years ago, brought down by problems stemming from its $6 billion purchase of personal loan firm Green Tree Financial. After announcing the ...

Insurer Conseco Inc. said Tuesday it plans a registered offering of common stock that will generate about $200 million in gross proceeds to the company. Conseco is currently required to use half ...

The $1 billion bid pales in comparison to the $6 billion Conseco paid in 1998 for Green Tree Financial Corp., which became Conseco Finance. The deal proved disastrous after mobile home loan ...

Conseco Finance, formerly Green Tree Financial Corp., is the nation's largest mobile-home lender, a business that has soured in recent years. It also makes home-equity, home- improvement ...

Conseco began life in 1979 and throughout the 1990s, under the stewardship of founding chief executive Stephen Hilbert, aggressively expanded into high-risk lending. The purchase of Green Tree ...

Several consumer advocates and state officials are contending that a class-action settlement Conseco Inc. has offered to about 700,000 current and former holders of its nursing-home and home-care ...