Even after hiring an attorney , who also received the same problems and delays I was forced to file a chapter 13 . My house was up for sale, offer was was rescended so I had to continue paying the mortgage. I am fighting them with no attorney. The case status is Disposed - Other Disposed. This stops any other bank from redoing the loan. Select Portfolio Servicing, Inc ., D-1-GN-19-001092 (200th Dist. According to the complaint, Flemings discharge extinguished her personal liability on the Loan.. Select Portfolio Servicing, a company based in Utah that handles their mortgage payments, said a clause in their original loan provided a 20-year option, so they owe an additional $16,000. . To collect on those debts, the Select Portfolio Servicing unfair debt collection practices lawsuit contends that the company must follow federal laws, especially the federal Fair Debt Collection Practices Act (FDCPA). Order 6, Plaintiff is provided the Notice of Right to Consent to Proceed Before A U.S. Magistrate Judge. Ive been trying to modify and assume mortgage after a divorce. they just took over caliber home loans, i am paid up to date on my mortgage, & they just sent me the 2nd bill, $5206.64..!!!!!! Plaintiff claimed that several mortgage statements sent by Portfolio misstated a number of items, including the principal due, and that by sending these incorrect statements, Portfolio violated the . I obtained a modification in 2011 due to divorce and in 7 years had 7 servers. Then they denied to take anymore Partial payments. I farther got a 62,000 dollar loan from a company in 1999 my father passed away in 2014 and was never late paying his mortgage. i live in long island and i can t get my loan modified becasue the taxes out weight the morgtgage. Did your modified mortgage payment, for the loan trial period, seem to be closer to the Original Mortgage Payment when you FIRST took your loan? My sale was rescended so I had to continue paying the mortgage but SPS said they would not accept any more payments and charged off the loan. Whoever you signed your loan with is still responsible. Did your modified mortgage payments seemed similar to the original mortgage payment you had when you acquired your loan prior to default? I wish the attorney handling this case look into my situation as well. We got different answers to the same questions. More than 86% of the aforementioned statistics are loans originated before 2008. They try to scam you on the loan modifications also. this is what they do. How is this company still in business? Both agencies claimed the company was engaging in unfair, deceptive, and illegal practices in the servicing of subprime mortgage loans. 2. In order to be considered for a deed-in-lieu option, you must provide clear and marketable title and submit a complete application to SPS. Is there is anyone reading this that can add my name to the class-action I would be happy to talk with them thank you Jim, Select Portfolio Servicing should be thrown out of business, Add my name to the Class Action Lawsuit. Three times already spanning three years. I sent it to SPS and they told me that they never received the money. i owe approx 140k on my mortgage. 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. This is a higher than average score with the overall rating of Select Portfolio Servicing employees being 2.8 out of 5 stars. Select Portfolio Servicing Class Action Targets Debt Collection, Select Portfolio Servicing settled a separate class action lawsuit, https://topclassactions.com/start-a-class-action/, http://www.consumeradvocates.org/find-an-attorney, Social Security Disability application & appeal claim review, Abbott baby formula recall lawsuit investigation, Essential: Remember your cookie permission setting, Essential: Gather information you input into a contact forms, newsletter and other forms across all pages, Essential: Keep track of what you input in a shopping cart, Essential: Authenticate that you are logged into your user account, Essential: Remember language version you selected, Functionality: Remember social media settings, Functionality: Remember selected region and country, Analytics: Keep track of your visited pages and interaction taken, Analytics: Keep track about your location and region based on your IP number, Analytics: Keep track of the time spent on each page, Analytics: Increase the data quality of the statistics functions, Advertising: Tailor information and advertising to your interests based on e.g. I tried continuously to modify my loan after falling behind. Please contact me! SELECT PORTFOLIO SERVICING, INC. Case Summary On 08/08/2019 GARAY filed an Other - Arbitration lawsuit against SELECT PORTFOLIO SERVICING, INC. Select Portfolio Servicing Inc. - SCOTUSblog Rose v. Select Portfolio Servicing Inc. In June of 2018, Ms. Daniels sued Select Portfolio under the FDCPA, 15 U.S.C. Looking at other comments I dont think they have helped any one. Please stop this company!! SPS tried to make me pay the mortgage payments, even though the house was discharged in bankruptcy. I believe they are practicing unfair practices as I dont think they want us to keep the house. Now SPS is threatening to raise my interest rate to 3% and then 3.75% the next year. I would also like to have my name added to this. I need help to gett a loan modification. Author: New Castle, Delaware. I call SPS and they say it takes at least 30 business days to board the loan into their system and they will not provide payoff information before then, although my loan payment must be made to them without delays and they will only give me 15 calendar days to change my insurance to show SPS as the mortgagee. Like so many others, they misled me telling me I would qualify then repeatedly denied me based on missing documents, etc. SPS is fully owned by Credit Suisse USA, a large investment Company. They sell off and buy back your mortgage and you end up owing more than when you started, Can you explain what do you mean. Oct 26 2017. Sign me up for any Class Action possible. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 special servicing loans totaling around $4.8 billion. They say my income is not enough .. I. S u need to search lawsuits thats all pertain to yourself and stop. 19-10204 (11th Cir. My name is Lisa House I too am being used by SPS SERVICING. The house needs lots of work therefore I cannot sell it and SPS will not accept payments but my loan interest continues to accumulate. Targeted to increased both customer numbers and quantity of savings in the . I have asked for assistance und3r federal law and each time they process, approve it, make me go through trial period and then say they did not get a final signature therefore it voids it. You may not receive a monthly statement? Your email address will not be published. Select Portfolio Servicing, Inc. Need help with predatory loan with this company. It is a Federal Crime, and that happened Act quickly!! My Nightmare began the day my mortgage was transferred to them for servicing after a CH 13 BK in which they didnt lose a dime! SPS never took ownership of the house. The case is still moving through the courts and has not yet reached a settlement. Fill out this form for a FREE and prompt case evaluation. My daughter passed away and left everything to me in her will. I have had it. I dont think thats fair and its illegal they even knock down the percent to 9% but how is that helping me Im in the same boat as you we need to get together or something we need people 2 somehow sue them and owne houses, I have my purchase of my house since 2006 im hold all points of fraud i found out there lic expired 2 yaers ago and they have a lic to only collect but there monthly charge went for 3000 to next month 6000 i have it without a letter why. My mortgage then was 30000 and when I did the HARP program they went up to 49000 and I have to pay it in 15 years with a balloon payment of 25000. Location Loris, SC. They should not be in business and should hang by The Noose so what theyre doing to people and taking peoples homes. Defendant (s) Select Portfolio Servicing Law (s) Real Estate Settlement Procedures Act State (s) New to ClassAction.org? Our account number if you go to the bank is still connected to Chase Bank. As for myself, they should be shot down once and for all, they are endangering our Country, they are threat to our Democracy and our Constitution, as they demoralize homeowners, families, our Courts and Judges. What else can I do. Recently we were on a payment plan for our taxes 1/2 Miv and 1/2 June. Yet loan sold again but no proof of ownership! I was told to send in my divorce decree, which I did. Meanwhile SPS has placed my account in default & threaten me constantly via phone & letters! Step 1: Submit required documents. working with cuban Drug Lords Ref. The Judge overseeing this case is James Lawrence King. Select Portfolio Servicing Inc ., a homeowner's conservator, Reese, sued a mortgage servicer, SPS, for HBOR and UCL violations after the mortgage servicer initiated foreclosure proceedings.. Dentons Offices Now they said that all the paper work was submitted on time but they are not gonna do anything about it .. so i apply for default basically . 8. 1. stating because of lender place insurance. She alleged that the erroneous monthly mortgage statements were harassing, false, and mislead-ing, and that by sending them Select Portfolio engaged in unfair PLEASE ADD US, JOSEPH and VENUS WILLIAMS! If they did, is the information in the 1098 FORM [which includes all the payments you made to SPS in interest and Principle reported to the IRS] correct and accurate? Our account number if you go to the bank is still connected to Chase Bank. There are too many things that SPS has done illegally to me to count since taking over my loan in 2012. What would other Government Agencies will do? We owed 165k and did three trial payments and after 9 months of modification they added 40k to our loan, how is it even possible we now owe 203k with a ballon payment for 30 yrs. [Extreme, dont you think?]. Looking at other comments I dont think they have helped any one. Consequently, [Selects] 2nd mortgage lien shall be stripped from this property upon discharge and will not [be] paid as an unsecured during the plan as this debt was previously discharged. We have been here 20 years and we do not want to lose our home, but we are between a rock and a hard place. Wow. They are violating 12 U.S. Code 2605. I continue to make payments. They refuse to work with you, they increase your notes higher to make sure you fail. they dont want to help. They paid 3 homeowners insurance Companies and charge for each in2021. Select Portfolio Servicing Is this your company? We are paying interest only on like 50k at a 9% and after 30 yrs we owe them 153k wth!! Pursuant to Misc. Long story short, I am getting out of long nasty marriage, attempting to fix my credit after years of me trusting spouse on finances. I called SPS to catch up on the payments and they said they closed my loan and I would need to sell the house and pay the loan in full. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 "special servicing" loans totaling around $4.8 billion. I am owed another escrow check I was given a fake rate reduction buy select profolio it lasted 8 months long after 8 month long select profolio took the rate reduction back and lie to me me and said i did not complete the paper work i ask then to send me what paper work was missing ,make a long story short every time they send me info about the paper work missing i resend it . Same situation home sold by HFC and Select Portfolio Servicing had been send mee all type of late charges and false documents. The balance indicates we owe more now than when we purchased the property 24 years ago. This company has no intentions for home preservation for homeowners who are good paying customers, making their monthly payments. Since the purchase of my loan in 2013 it has been a complete nightmare. These actions are in violation of RESPA, TILA, however, sometimes, they may also trigger other consumer laws, like [UDAAP, the ECOA REG.B and the FDCPA], among other consumer protection Laws Governed by Mortgage Servicing Rules. Top Class Actions is a legal news source 16-3540 Decided: May 30, 2017 Before: BOGGS, SILER, and MOORE, Circuit Judges. I never expected that in America, a thief would get the key and tap into their shoulders for the financial crime they committed. Later my mortgage was transferred to SPS and I have had hell every since. Credit Ratings, Research and Analysis for the global capital markets. This case was filed in U.S. District Courts, Florida Southern District Court. Misleading homeowners they say they gelp you with a loan modification. I had my house for sale and the sale fell through after 3months. Did you sustain in your payments? The Automatic Stay Class is similar, but it is for persons Select tried to collect from while they were actively in bankruptcy proceedings. Thank you. 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. It is unbelievable and very stressful to deal with this company. You can not pay them on line as I did with my Bank before. Look for an attorney and sue themthey are ALL corrupt!! Please add me.. I pay the late charges for being late. 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. We keep getting letters from their lawyers saying they are going to foreclose on us. Decide which cookies you want to allow. My husband and I broke up and he left the house and it was in foreclosure I paid all the fees I got sick and I went on that HARP program which they said they forgave $12,000. Im not the sharpest knife in the droor, but a blind man could smell these SCUM BAGS 2Big2fail ??? Predators .. Looks like the only recourse is Bankruptcy to stop the foreclosure and then after youb have tried them they send you a letter saying the foreclosure has been postponed. If they feel you qualify, they will contact you directly. they said there investors about 20 of them will not extend a motg to 40 yrs. 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 . document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); @2023 Top Class Actions. OVERVIEW Plaintiff Jeanie Reese is the conservator for homeowner Leoma Musil. I dont care if God strikes my home and burns it to the ground. They are saying the balance is still 52,000. 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. This company does not follow any federal consumer laws. In August/September 2016 I called SPS before even being billed and was assured by Melinda(?) How do I sign up I do not see anything here They are by far the worst company I have ever had to deal with. One of the most unethical companies Ive experienced. Credit Suisse USA and SPS: The U.S. Dec 28 2016. 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. I had an electrical fire in 2011 (I think) and again no problems with Bank of America filing a claim. They wont be able to produce it! They are violating 12 U.S. Code 2605. And its impossible to get the right help .just for the record select profolio was change from fair banks because of mismanaging mortgages but it seen they never stop what there so good at ripping us off i was apart of the Fairbanks class action lawsuit and it did not matter because they still use unfair debt practices. ( outside the United States). My statements and all my account info at SELECT PORTFOLIO SERVICING, shows the original balance of $86,395.00!! Even if your mortgage gets flipped to another mortgage company, the new mortgagor has nor right to change your terms or conditions agreed upon in the original mortgage note you signed. 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 believe that SPS wishes to foreclose on the house, instead of allowing for the agreed to Short Sale. Fines. This field is for validation purposes and should be left unchanged. In the meantime I want to join the class action lawsuit against SzpS Portfolio because they screwed up my credit, I was denied reasonable accommodations that myself , family and friends needed but this company wouldnt recognize that they had illegally stolen my paid off mortgage . I am very disappointed. When I spoke to them they couldnt answer for the added ,$1405.00 reported to my credit report! First, it is illegal to attempt to collect any amount (including any interest, fee, charge, or expense incidental to the principal obligation) unless such amount is expressly permitted by law.The complaint argues that the attempt to collect late charges that very from day to day is unlawful. I can go on and on, but I pray that God sends someone to all the people who they deceive, so we can overcome this nightmare! 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. finally after arguing many times they refunded my $500.00 and I made the payment but now since they jerked me around I am always 15 days late on my payment and they call non stop. These banks with their pure greed, no government oversight (or no true oversight), corrupt Courts and lawyers are STEALING all our homes. They tell you they can help with the programs they have. We modified back in 2010 and did 2- three trial payments and some how after it was all said and done they added over 35k in fees and interest, left the same high interest rate plus they put us in a ballon payment. Select Portfolio Servicing is a loan servicing company based in Salt Lake City, Utah, with an additional office in Jacksonville, Florida. The check usually clears in 5-6 days. There essentially bleeding the equity out of my home and i am nervous that my only home where i live with my 3 small children will go into foreclosure.

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