I never received anything from an attorney. We are trying to do a Modification and they keep saying they are not getting the right paperwork. I sent it to SPS and they told me that they never received the money. There may be more reports for "select portfolio servicing" For more results perform a general search for "select portfolio servicing" . By interference and intrusion, acts of omission and misrepresentation They demoralized our Courts and Judges, they defy our Constitution. We are paying interest only on like 50k at a 9% and after 30 yrs we owe them 153k wth!! At the maturation of the mortgage in 2036, I will essentially owe about 70% of refinanced amount under the HARP modification. 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. All offers were denied. They want us weak and worn down! They never intend to approve my modification. But according . Looking at other comments I dont think they have helped any one. 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. I just found out that SPS has basically duped me out of $40k. This company needs to be investigated and shut down for unfair practices and using fake documents and fake entities to steal homes. They dont purchase loans. Nearly six years later, in 2016, Fleming filed a Chapter 13 bankruptcy, and then an amended Chapter 13 plan. I had my house for sale and the sale fell through after 3months. We just refinanced our loan to get out of their deceptive actions. They lie about what they say and do not communicate except by mail asking for more and more information. I am so tired of this harassment. expected to be mailed out. Ugh it is horrible. I am ready for a lawsuit if there us one. Fitch rates residential mortgage primary, master, and special servicers on a scale of 1 to 5, with 1 being the highest rating. They tell you they can help with the programs they have. I believe they are practicing unfair practices as I dont think they want us to keep the house. In June of 2018, Ms. Daniels sued Select Portfolio under the FDCPA, 15 U.S.C. 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 . NOTHING OR they will be FINED again, and the day after, they will continue to engage in the same pattern of prohibited practices. This is a higher than average score with the overall rating of Select Portfolio Servicing employees being 2.8 out of 5 stars. The Settlement simply allowed the Investment Company not to fall into the DOJs black List, like BOA and Wells Fargo did. It is unbelievable and very stressful to deal with this company. It has been nothing but a nightmare, since they took over mt mortgage a few years ago. Even after trying to find out since receivin the news it had been sold. Again CROOKS! Did your modified mortgage payments seemed similar to the original mortgage payment you had when you acquired your loan prior to default? status of any class action settlement claim. Select Portfolio Servicing, Inc. (SPS) and U.S. Bank, N.A. $75,000.00 which, to this date has not been applied to the mortgage. SCOTUSblog Coverage Petitions of the week (Andrew Hamm, April 2, 2020) Internal Communication Even internal email exchange between employees I had received by mistake, the interaction demonstrates they they deceived the U.S. Treasury and Homeowners. Before them. My mortgage was jyst sold to SPS , May I jump on the train? On December 2017, Credit Suisse agreed to settle with the DOJ $5.8 Billion Dollars for Residential Mortgage Security FRAUD. I have been dealing with these people since the August 2016 Historical Flood! 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. My name is Lisa House I too am being used by SPS SERVICING. I definitely believe they are fraudulant and they are illegally trying tot take my home. The Select Portfolio Servicing unfair debt collection practices lawsuit alleges that those communications to the Riveras violated the FDCPA in at least two ways. My mortgage was owned by Flagstar Bank, who sold the loan to a company called ABS REO Trust III, a Delaware company. They make it so hard to gather information that it is hard to know what to do. Attorneys will then review your submission to determine if you have a case. I get different answers from different representatives . Did you sustain in your payments? Managed a team of 12 staff and was responsible for recruitment, training, performance, supervision and quarterly reviews. My parents who are decased (my father passed in feb) were taken advantage of starting with HFC III ,who merged with HSCB so they could graft unsighned anun notarised mortgage instrements into a position ,that when the F.T.C. 2. *If you. Who do I comtact about hidden fees which seem to be made up and 35.00 per month only going towards my mortgage wth, Hello I am in the same boat same story.. At. When I called all I They are predators of the elderly and have no true documents to foreclosure. 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. Since the purchase of my loan in 2013 it has been a complete nightmare. We cant refinance, cant amend the mortgage, etc. The check usually clears in 5-6 days. Ive tried so many times with this company and all they have done is lied to me !!! 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. I need to find out about the class action lawsuit if possible. That was discharged in a Chapter 7 or Chapter 13 bankruptcy proceeding. Im behind on my mortgage because they keep raising it. Im not the sharpest knife in the droor, but a blind man could smell these SCUM BAGS 2Big2fail ??? Well they file to foreclose and I returned file bankruptcy. The person represented SPS and the person was driving a car with license plates registered to a truck. I wish the attorney handling this case look into my situation as well. I have been experiencing difficulties as well. PS my email is chayote23@yahoo or hit my facebook. Guess what? They are ONLY a Servicing company SPS is a credit intermediary not permitted in the United states; I really cant afford this payment now. Yes!!! About 9 months into it the went up 1 percent on loan and I am now in process of trying to modify again because I have singed no new agreement and no one will tell me who the lender is. working with cuban Drug Lords Ref. After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. They are violating 12 U.S. Code 2605. It is important that you submit the documents to us as soon as possible because we . I first contacted SPS October 2018. 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. The class action lawsuit maintains Select Portfolio Servicing missed that five-day deadline in its communications with the Riveras, and likely with others. 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? Bank of America - cut 70 mortgage jobs in Simi Valley, CA. We went through the same. I have had it. Does THAT sound familiar to you, did that happen to you, a friend or a family member? this is what they do. We are trying to do a Modification and they keep saying they are not getting the right paperwork. Now I have a house no mortgage cannot sell and a chargeoff that accrues interest. This field is for validation purposes and should be left unchanged. As of February 29, 2020, SLS serviced a portfolio of mortgage loans worth about $112.69 billion. This company is a bully, misleading, and screw a lot of customers over by taking their home. then they send me a new letter saying different paper work is missing this been going on for seven years. 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). Theyve planned this so they could ultimately foreclose. This still hasnt stopped them. Misleading homeowners Mar. Select Portfolio Servicing, Inc. spservicing.com/Select Portfolio Servicing, Inc. P.O. Please add me to this lawsuit as well. Praying I wont be homeless!!! Who, between December 30, 2018 and the pendency of this class action, Received correspondence from Select Portfolio Servicing that is the same or substantially similar to the mortgage statement at issue in this case, For the purposes of collecting on a consumer debt. Did SPS mail you a letter stating they had filed a lawsuit to FC in your home and they never did? Seek help!! So please count me in!!! Free and open company data on Puerto Rico company SELECT PORTFOLIO SERVICING, INC (company number 10188-112), c/o RVM Professional Services, LLC A4 Reparto Mendoza Humacao, PR 00791 Now they are billing me for $3000 in attorney and drive-by fees. I would also like to add my name to any class action lawsuit against SPS. Even after hiring an attorney , who also received the same problems and delays I was forced to file a chapter 13 . 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. The complaint quotes the plan as saying, The value of [Selects] second mortgage claim on Debtors property is valued at zero. Please provide any additional information about your inquiry. I have submitted countless of documents more than once. I made a partial payment on my account and was told it was fine to do that to make the rest in a week. that I was not being charged PMII proceeded to pay on time in advance of receiving bills and more than the minimum payment. They have also upped my escrow account even though my insurance rates and taxes have not gone up. 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 . They are the worst scum EVER! 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. Unbelievable. My home has been foreclosed upon because they did not want to work out any deals with deed in leu . The court granted her a discharge in July. also brought charges of money laundering against H.S.B.C. All I can say is WOWHELP!!!!!!!!? Select Portfolio Servicing is a premier litigation funding company that focus on helping capital-type entities such as individual investors, venture capitalists, and private equity firms to engage in purchasing a large number of lawsuits. and I never missed a payment. Please add me to the class action I have been a victim of their predatory lending and I have also had issues getting a loan modification due to their ineptness, constant lying, continuous over burdensome confusing repeated letter. NOT. This I believe was done to PREVENT ME FROM REFINANCING, instead I would be Forced to modify with SELECT PORTFOLIO SERVICING! This company sets people up for failure! 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. Wow. Additional information General Correspondence P.O. That is a violation of my Civil Rights that are protected and covered under the ADA ACT. All I can say is WOWHELP!!!!!!!!? and wondering if stumbling and bumbling company will make it out as the original check 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 Dentons Offices They try to scam you on the loan modifications also. I HAVE FILED A COMPLAINT AGAINST THIS FRAUDULENT COMPANY WITH THE US CIVIL RIGHTS DIVISION, US CRIMINAL INVESTIGATION DIVISION AND THE FEDERAL TRADE COMMISSION BECAUSE MY MORTGAGE WAS COMPLETELY PAID OFF IN AUGUST 2018 WHEN I WAS TOLD THAT I HAD TO RETIRE DUE TO MY DISABILITY AND THIS COMPANY CLAIMS THAT THEY OPENED A MORTGAGE LOAN UP ON MY HOUSE IN September 2016 but they lied about because I refinanced my house with Rushmore Loan company on the same day for the exact same amount of money as the truthful mortgage company did . The Reward a criminal receives from the DOJ: One of the biggest assistance to homeowners is the PR Principal Reduction and/or Principal forgiveness for those who owe more than the home is worth, because under the Settlement: For each $1.00 Forgiven by SPS, owned by the Fraudster Credit Suisse: 1. Before this lawsuit came out I told my momma something wasnt right about this company. Management And Organization The Judge overseeing this case is Micaela Alvarez. You talk to all these different people who suppose to all work for the same company and half of them dont know what they are doing ! I bought my house in 2004 for $225,000 I put $150,000 down and took out an $80,000 mortgage. You can submit your information here: https://topclassactions.com/start-a-class-action/. Im interested in joining you on the lawsuit. 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. After the required 3 forebearance payments, they n9eglected to take out the automatic payment, then blamed me,added more fees, forcd placed a fake insurance policy, and once we worked out yet another not so great modification, efused the first payment by adding MORE fees. The second is all persons who received a notice of debt from Select Portfolio Servicing which stated the amount of the debt would increase because of late chargesthat vary from day to day. The class action requests statutory damages of up to $1,000 per violation. According to the complaint, Flemings discharge extinguished her personal liability on the Loan.. Then in 2022 they charged me for two homeoeners insurance policies I did get most of the money back from the insurance Companies but SPS refuses to pay me all the internet accrued from these policies as I just got the money recently back Theres more too that they have charged me erroneously for, Quiero unirme a la demanda de clase, en Puerto Rico hicieron lo mismo, aumento de pagos mensuales sin causa, querer imponer seguro sobre el valor de la propiedad y no desglosan deuda real. Looking at other comments I dont think they have helped any one. Recently we were on a payment plan for our taxes 1/2 Nov and 1/2 June. Before my first payment to SPS was to be sent, they applied appx $8,000 in fees to the mortgage. the mortgage is 760 and the taxes 1166. i have tried for year s to modify. Terms and Conditions. I am currently in a modification because after being switched to SPS my intrest rate increased after being told no changes would be made. I want to get away from this company but they wont allow me to refinance with anyone else. We got different answers to the same questions. Select Portfolio Servicing - Extortionists Resolved Select Portfolio Servicing - Dishonest/deceptive practice Resolved Select Portfolio Servicing - Foreclosure Resolved Select Portfolio Servicing - Fraud Resolved Select Portfolio Servicing - Unauthorized billing Resolved Select Portfolio Servicing - mortgage Select Portfolio Servicing, centers on laws that combine to require entities governed by the Federal Debt Collection Practices Act to charge borrowers a statutory interest-rate applicable in New Jersey when a foreclosure judgment occurs, said Ari Marcus, an attorney for the plaintiff. Select Portfolio Servicing has an average consumer rating of 2 stars from 44 reviews. Please stop this company!! In May, they reached a settlement, as part of which, the complaint says, Select agreed to stop demanding payment while she was in bankruptcy. 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. SPS PORTFOLIO HAS TO GO!!! 11:06 AM. website. WHY is this company STILL in business after being caught and fined so many times yet theyre getting away with STEALING our homes!! America mourns for Her people. I would love to stick to these jerks. People do not modify with this company they will make it worse!!! SPS is fully owned by Credit Suisse USA, a large investment Company. Over the years my dad has probably paid 3 times the original note. 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. that reports on class action lawsuits, class action settlements, NOT. Now SPS is threatening to raise my interest rate to 3% and then 3.75% the next year. I have had problems with my monthly mortgage since SPS has taken over the account. Dr.chayobriggs. They are in their mid 80s on social security. Select Portfolio has to be the WORST mortgage company ever, Ive been with them for 12 years and only $1200 has gone to principal, in my opinion they are a predator company, looking for gain on the less fortunate. Select portfolio is scum! Mackroy claims he and his wife never requested the 20-year option and they never missed a payment. Whom do I contact for more information regarding a lawsuit against SPS? I have a LAUNDRY list of ILLEGAL activities that SPS has done to me. Select Portfolio Servicing, Inc. Case Summary On 05/17/2019 Ortega filed a Property - Foreclosure lawsuit against Select Portfolio Servicing, Inc. Were almost there to shut them down and make them pay back all of us!!! I am a veteran I served six years in the military only to be homeless? Petition for certiorari denied on June 29, 2020 Issue: Whether 11 U.S.C. They sent people to my home to give us a letter to validate we live here. I was told to send in my divorce decree, which I did. I dont care if God strikes my home and burns it to the ground. When I spoke to them they couldnt answer for the added ,$1405.00 reported to my credit report! It is unbelievable and very stressful to deal with this company. Defendant Select Portfolio Servicing, Inc., the company that serviced Plaintiffs' mortgage loans . OVERVIEW Plaintiff Jeanie Reese is the conservator for homeowner Leoma Musil. Look for an attorney and sue themthey are ALL corrupt!! Feb 13 2019 09:11 AM PLEASE ADD US, JOSEPH and VENUS WILLIAMS! I called the lender yesterday to get a payoff quote for refinancing and they tell me I have to get it from this SPS outfit.
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