Fitch rates residential mortgage primary, master, and special servicers on a scale of 1 to 5, with 1 being the highest rating. If someone can give us some advice, I would greatly appreciate it. November 22, 2019: Filing 3 CERTIFICATE OF INTERESTED PERSONS/DISCLOSURE STATEMENT by Select Portfolio Servicing, Inc.. (Hord, Michael) November 22, 2019: Filing 2 NEW CASE NOTES: A filing fee has been paid. My house burned on November 19, 2022 completely and my insurance agent , myself and my sister contacted that company to give the payoff information for my house . They are in their mid 80s on social security. (ii) Arranging commercial real estate equity financing. Due to their overall incompetence and in particular, their incredible ability to lose documents, we lost our home and so much more. website. For this reason I didnt open the bills having been assured that I was not being charged PMI wrong I went to pay off the balance only to realized they lied I called multiple times,,, and after months they stopped charging me, but refuse to refund the money they already charged, despite that being the only reason for my call. Every time I would send in the required paperwork I would get either no reply, told the paperwork was incomplete, or I did not qualify for the same modifications they said they could work with me with. It is important that you submit the documents to us as soon as possible because we . I was with Bank of America for years and never had any issues, not even with late payments because I always paid the late fee. As an elderly homeowner,Bank of America threw me to the SPS wolves after I sued them and found a huge error in their accounting. Daniela Atencio Martin - Portfolio Solutions Leader - LinkedIn After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. SPS tried to make me pay the mortgage payments, even though the house was discharged in bankruptcy. That lawsuit alleged that Select Portfolio Servicing received illegal kickbacks from the insurance company it used when the debt collector had to obtain insurance on a debtors property. Select portfolio servicing has from day one used deceptive tactics , fake assignments and denial to access our account to be forced into foreclosure. Servicing of mortgage loans and administration of escrow accounts. So because we have over $100k in equity in our home we believe they were trying to take our home as we find that chase bank is in trouble again. i am broken hearted at thought of losing my home with my disabled child. And no one has the same story! They wont be able to produce it! My house was up for sale, offer was was rescended so I had to continue paying the mortgage. Feb 13 2019 09:11 AM With no notice. The F.B.I. Once there, you will be able to search a broad database of specialized attorneys in your area that you may consult. You may want to consult your own attorney, and should you choose to go that route, we recommend checking out http://www.consumeradvocates.org/find-an-attorney. SPS is the worst company I have ever dealt with, missing paperwork turns into outdated (all of which is false) keep delaying until they can foreclose. That Tip #2. Select Portfolio Servicing Inc. One Sept 22nd I spoke with a customer service rep about assistance due to Hurricane Irma. Rushmore Loan Management Lawsuit - Law Cost Ballooned our loan from $598 to $1250. I need help to make this mess go away! Please add me.. I wrote to them and they havent responded. Box 65450, Salt Lake City, UT 84165-0450 So when I started paying my loan back, I received a letter in the mail 3 months later stating I owed my monthly payment and I am in default 3 months behind. the sad thing is nothing will come of anyones complaints or lawsuits. Published by New York State Law Reporting Bureau pursuant to Judiciary Law 431. . W.T.F. Defendant (s) Select Portfolio Servicing Law (s) Real Estate Settlement Procedures Act State (s) New to ClassAction.org? 3. Select Portfolio Servicing As an Attorney Advertising Service Select Portfolio Servicing is one of the leading providers of portfolio servicing. Top Class Actions is a legal news source The first is all persons who received a notice of debt later than five days after first contact from Select Portfolio Servicing, within roughly the past year. In September 2016, it was confirmed by the court. Click Accept if you consent. And at some point after that, Select acquired servicing rights to the mortgage loan. My statements and all my account info at SELECT PORTFOLIO SERVICING, shows the original balance of $86,395.00!! Thank you, I would like to get in on this class action lawsuit. Targeted to increased both customer numbers and quantity of savings in the . Tip #1 So make your payment via a bank wire and if they say they didnt receive it your federally backed bank lawyer will jump in for you and prove you did make that payment on time. May 24, 2022) The fact pattern sounds like something out of Gulliver's travels. Loan Servicing Representative professionals working at Select Portfolio Servicing have rated their employer with 3.3 out of 5 stars in 18 Glassdoor reviews. Now all these years later I owe them $176 and change thousand dollars. Collection Agencies: slect porfolio servicing. They have actually done drive bys to make sure someone lives there. The bankruptcy was not completed until December 2019. Luckily sold house day before sheriff sale and still got threatining calls 6 months after sale, stay away from this company if at all possible, I have had it with sps i seriously recommend that we sue sps into foreclosure, I went and got a lawyer to do A DEED IN LIEU so they can have there ELEPHANT AND ALL THE TRIMMINGS THAT GO WITH IT i am finished with these ass-wipes my original mortgage was 63,400 in 2006 and we are in 2018 and i owe 65,300 how in the hell did this happen can someone tell me, You think thats bad? Our account number if you go to the bank is still connected to Chase Bank. Were almost there to shut them down and make them pay back all of us!!! The firm's many attorneys have a wide range of expertise in all areas of the law. IL. Dont give up. According to the complaint, Flemings discharge extinguished her personal liability on the Loan.. Select Portfolio Servicing Bankruptcy Debt Collection Class Action SPS PORTFOLIO HAS TO GO!!! Id. even more owed! Specifically, the lawsuit alleged that FedLoan Servicing engaged in a variety of activities, such as processing delays and erroneous eligibility determinations, that forced people into. The people lied to us saying they represent a bank and we are to call the bank about our mortgage. The court granted her a discharge in July. Statements are regularly sent to homeowners using the letterhead of a designated company who is claimed to be a servicer. 5. Please stop this company!! If they forgave $30,000 $100,000 or MORE and it was NOT beneficial to you, the homeowner They received at least DOUBLE of what they had forgiven you under the Settlement. I would also like to have my name added to this. Recently we were on a payment plan for our taxes 1/2 Miv and 1/2 June. Then they try to foreclose on your home you have been in for years and you try to work with them on different options to no avail. Home Loans, Inc., the Supreme Court held that TILA requires only written notice, and not the filing of an actual lawsuit, within the three-year period for exercising the right of rescission. By submitting your comment and contact information, you agree to receive marketing emails from Top Class Actions regarding this and/or similar lawsuits or settlements, and/or to be contacted by an attorney or law firm to discuss the details of your potential case at no charge to you if you qualify. Submitted paperwork many times with this form is missing etc now the home has been sold and the first mortgage sent me a 1099 but charged off . Saying I have a negative escrow account of 2000.00 sumin dollars which I dont understand how when my taxes and insurance was threw my mortgage payment. Both agencies claimed the company was engaging in unfair, deceptive, and illegal practices in the servicing of subprime mortgage loans. I pay the late charges for being late. This was after I was out of work for one year on a forbearance program and when I got a job I call them and let them know and its been a run around for 5 months and now theyre threatening on April 13th to foreclose on my house unless I come up with $16,000 that is in the Rears. Mary Kathryn O'Brien brought this lawsuit in Essex Superior Court against Select Portfolio Servicing, Inc. (SPS), and Deutsche Bank National Trust Company. Since the fire I have been lied to by SPS reps regarding short pay offers. These banks with their pure greed, no government oversight (or no true oversight), corrupt Courts and lawyers are STEALING all our homes. Did the terms of the Loan Modification you received was affordable and sustainable? Im not the sharpest knife in the droor, but a blind man could smell these SCUM BAGS 2Big2fail ??? Modification for YEARS. Bank of America - cut 50 jobs at Legacy Asset Servicing unit in Fort Worth, TX. O'Brien alleges that defendants' efforts to enforce the mortgage on her property are predatory because they knew at the inception of the loan that she would never be able to repay it. My SPS - Apps on Google Play The person represented SPS and the person was driving a car with license plates registered to a truck. Our mortgage is underwater, which means we owe more than the house is worth. Hello there my name is Raymond and I did get a loan modification from SP servicing,I ask for a interest rate reduction they did not give me that, they gave me a 40 years term I had a 30 year term now its 40 years,they only lower my payment no more than $60 a month, they did this in about 30 days. 362 (c) (3) (A) terminates the automatic bankruptcy stay as to property of the bankruptcy estate. They are prime evil, liars and thieves!! Daniels v. Select Portfolio Servicing - FRAUD STOPPERS They make it so hard to gather information that it is hard to know what to do. Your email address will not be published. Select Portfolio Servicing can help a client to select the appropriate type of lawsuit support, such as pre-settlement, litigation support, and post-settlement and personal injury cases. i am so disgusted with sps. I have been experiencing difficulties as well. Engaging in prohibited actions [The Request for documents unrelated to a loss mitigation, mentioned here, it is considered a violation of RESPA and the CFPB had considered the Practice Unfair and Deceptive and likely to cause harm to consumers. Gavin June 18, 2021 June 20, 2021. Location Loris, SC. Select Portfolio Servicing DEBT COLLECTOR CALLS?https://www.lemberglaw.com/select-portfolio-servicing-sps-collectio. CHRISTINE FORGUES v. SELECT PORTFOLIO SERVICING INC | FindLaw SPS would never give me dates/amounts/ownership of loan. The owner of select profolio is someone from India. SPS sends me many letters each week telling me I am in default of the loan even though I pay on the 1st of every month, but not the amount that they say I am to pay. Did they ask you the same more than once? PDF United States District Court Eastern District of New York I have been required to carry insurance for sps and I have been wrongfully forclosed upon with all the typical bs.from sps. that I was not being charged PMII proceeded to pay on time in advance of receiving bills and more than the minimum payment. All Rights Reserved. Misleading homeowners This case was filed in U.S. District Courts, Texas Southern District. Check your chain of titles theyre probably all fraudulent making the chain of title void. Two classes have been defined for this action. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 special servicing loans totaling around $4.8 billion. In February 2019, Fleming filed a lawsuit against Select under the FDCPA for its attempts to collect on the loan while she was in bankruptcy. It is unbelievable and very stressful to deal with this company. Select Portfolio Servicing is the defendant in a lawsuit that claims it refused to send the plaintiff information he requested pertaining to one of two mortgage loans. I sent the payoff check to the company overnight certified mail that cost me $ 420.00+ dollars and that company refused to accept that check until the southern man came out in me. This still hasnt stopped them. Ive tried so many times with this company and all they have done is lied to me !!! The F.T.C. 19-10204 (11th Cir. denied, 2020 WL 3492660 Issue: If a petition by an individual under Chapters 7, 11 or 13 has been dismissed within one year, does the stay terminate automatically 30 days after a new filing only as to property of the debtor or as to both SELECT PORTFOLIO SERVICING, INC Complaints by Product Latest Complaints 2019-12-04 Countyline, NC Trouble during payment process Mortgage: Conventional home mortgage Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation Timely Response 2019-12-03 Marlboro, MD Struggling to pay .