This month, I sent my payment by Certified Mail/Return receipt. 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.. Select Portfolio Servicing said a clause in their original loan provided a 20-year option. How do you sue or bring charges to the forger . So I am reporting of what I believe to be Unfair Lending Practices. I wish There was some way to get back at this company. Select Portfolio Servicing Bankruptcy Debt Collection Complaint December 30, 2019 This class action brings suit under the Fair Debt Collection Practices Act (FDCPA) in reference to a mortgage serviced by Select Portfolio Servicing, Inc. Please add me to any lawsuit against SPS. That is a violation of my Civil Rights that are protected and covered under the ADA ACT. I definitely believe they are fraudulant and they are illegally trying tot take my home. Managed a team of 12 staff and was responsible for recruitment, training, performance, supervision and quarterly reviews. I had a heart transplant and they stole my home from me . Struggling with this payment. 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 . Mar. This company is a disgrace tio have a legal right to do business in the USA. !to a tee everything u stated happened to us in 2017 from sps fresh out of a bk13 and wouldnt loan modify just kept raising mortgage and all taxes and impound accounts wrong i couldnt have explained the situation any better than u did! SCOTUSblog Coverage Petitions of the week (Andrew Hamm, April 2, 2020) We went through the same. Second, the FDCPA requires a notice of debt to contain certain information for the debtor, and be mailed to the debtor within five days of first contacting the debtor about the debt. Dentons > Los Angeles, United States > Firm Profile. The monthly re-payment plan is 4 xs times the amount of my regular monthly mortgage and is for 12 months. The Select Portfolio Servicing Unfair Debt Collection PracticesClass ActionLawsuit is Angel Rivera, et al. [Resolved] Select Portfolio Servicing Review: Awful company However, this can result in some functions no longer being available. Select Portfolio Servicing will also provide advice concerning various aspects of selecting an appropriate legal strategy and handling the case after it is filed. They said they cant extend it beyond that period. PLEASE ADD US, JOSEPH and VENUS WILLIAMS! 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. Before this lawsuit came out I told my momma something wasnt right about this company. Did SPS mail you a letter stating they had filed a lawsuit to FC in your home and they never did? the sad thing is nothing will come of anyones complaints or lawsuits. 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. Rose v. Select Portfolio Servicing, Inc., 945 F.3rd 226 (5th Cir. Woman sues Select Portfolio Services for predatory lending HOW DO I JOIN THIS LAW SUITE? Therefore, they owe an additional $16,000. I call SPS and they tell me they will send me the paperwork and never do. My statements and all my account info at SELECT PORTFOLIO SERVICING, shows the original balance of $86,395.00!! My home has been foreclosed upon because they did not want to work out any deals with deed in leu . 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. Bank of America never took over the house and sold the loan to SPS. SELECT PORTFOLIO SERVICING, INC :: Puerto Rico :: OpenCorporates IM GOING TO DO EVERYTHING LEGALLY IN MY POWER WITH ANY LAWFIRM THAT WILL JOIN ME OR US BECAUSE I SUFFERED AND IM STILL SUFFERING FROM THE AFFECTS OF MY HEALTH DETERIORATING AND I WILL NEVER GET BACK MY HEALTH THAT I LOST BECAUSE OF THE SIGNIFICANT PAIN, MENTAL AND SOCIAL ANGUISH THAT THIS COMPANY CREATED AGAINST ME. Did SPS mail a letter and SPS DID NOT CLEARLY LISTED which document were needed to complete your application for a Loan Modification? This attorney was supposed to help me get a loan modification for me but all he did was delayed my payments fir two years, then he said I could file for chapter 13 bankruptcy modification so I got in touch with another attorney who helped me get the chapter 13 bankruptcy to save my home but select profolio refused to give me a modification on my property. They tell you they can help with the programs they have. Oct 26 2017. Ensured the foreclosure attorney continually expedites the foreclosure process in accordance with allowable timeframes. 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. Dated between 2019-12-06 and 2012-02-28. International Banking CFPB Complaints SELECT PORTFOLIO SERVICING, INC Complaints by Product Latest Complaints 2019-12-04 Countyline, NC Trouble during payment process Mortgage: Conventional home mortgage Any help is appreciated!! Select Portfolio Servicing Calling? | Debt Abuse - YouTube 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. This field is for validation purposes and should be left unchanged. 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 . He also says that he questioned SPS about his transaction history. 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 ! Thank you, I would like to get in on this class action lawsuit. I hate this company and will fight them till the end. Your email address will not be published. What and who do I need to contact. I finaly had to do a modifacation but my payment is not going to anything but interest, Add me also been dealing with them and their bs for years, Yes SPS gave me a run around for all 5 months. Jul 2010 - Jan 20154 years 7 months. They dont purchase loans. Count me in the class acton as well. We are paying interest only on like 50k at a 9% and after 30 yrs we owe them 153k wth!! Please go on SM and find a group that will help you! Worst company to deal with and will not work with you at all. Salt Lake City, Utah. Perkins Coie is known for its high standards and commitment to excellence. Lynn, Hello I am in the same boat same story.. 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. not only that I have asked about the lender placed insurance because I live in a mobile home close to the river (cant get insurance) they have the value more then what my home is worth) will not lower it? The Riveras filed for bankruptcy that same year, and ultimately discharged their debt, including their mortgage, in October of 2009. Yet loan sold again but no proof of ownership! There are too many things that SPS has done illegally to me to count since taking over my loan in 2012. Nearly six years later, in 2016, Fleming filed a Chapter 13 bankruptcy, and then an amended Chapter 13 plan. so They passed the HOT POTATOE to U.S.Bank National Association . Since the fire I have been lied to by SPS reps regarding short pay offers. Just wondering WTF happened to my escrow account balance of $1500? Select Portfolio Servicing Lawsuit - Law Cost You must contact the Required fields are marked *. They were struggling with the mortgage before the pandemic began and tried to modify the loan, which has a fixed rate of nearly 4.9%, but their mortgage servicer, Select Portfolio Servicing . Consumer Financial Protection Bureau Settles with Specialized Loan In May, they reached a settlement, as part of which, the complaint says, Select agreed to stop demanding payment while she was in bankruptcy. The complaint says that it also secured the repayment of a second mortgage loan in the amount of $90,000 issued to [Fleming] to fund the purchase of the Property.. We keep getting letters from their lawyers saying they are going to foreclose on us. Our account number if you go to the bank is still connected to Chase Bank. We are trying to do a Modification and they keep saying they are not getting the right paperwork. 3:16-cv-03112, in the U.S. District Court for the District of New Jersey. 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. They only are a servicer for your loan. Once they saw we were trying to refinance our loan they changed our status at the Tax Office to say we already had it as an Equity Loan. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 "special servicing" loans totaling around $4.8 billion. No refince with them or documents signed. I know theres a lot of us out there that, sadly, have experienced the same thing. The Riveras seek to represent two separate Classes. I had a extremely bad fall with a serious injury. Please add me to this lawsuit as well. I was promised if I move out and give them the keys, they will return give me $2500 moving expense. 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). I am currently in a modification because after being switched to SPS my intrest rate increased after being told no changes would be made. Ripoff Report | select portfolio servicing complaints, reviews, scams These unlawful deceitful practices must stopId like to join in based on the principle!!! I am in agreement with statements made here and I am also a victim of this company. This case was filed in U.S. District Courts, Texas Southern District. They lie about paperwork when you send it or what you should send to them! I called AHL and told them to send my escrow account to SPS and they assured me that they had already done that and even sent me a letter saying they transferred it. 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. I was able to make partial payment. Years ago, they got us Homeowners Insurance which was Over$2,200 for the year, which I just recently found out after the Insurance Company dropped us, saying they were informed we did not live here. I tried continuously to modify my loan after falling behind. 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. $75,000.00 which, to this date has not been applied to the mortgage. Fitch rates residential mortgage primary, master, and special servicers on a scale of 1 to 5, with 1 being the highest rating. Entity featured on Fitch Ratings. No one will help including attorney general, CFBP nor any federal agency. 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. Ive been trying to modify and assume mortgage after a divorce. Mary Kathryn O'Brien brought this lawsuit in Essex Superior Court against Select Portfolio Servicing, Inc. (SPS), and Deutsche Bank National Trust Company. The company has many years of experience in providing legal representation to a variety of clients, including corporations . By interference and intrusion, acts of omission and misrepresentation They demoralized our Courts and Judges, they defy our Constitution. They wont release the mortgage. I signed up for the HARP program which gave we a 2% interest rate. The organization has also helped her consider strategies for dealing with her mortgage servicer, Select Portfolio Servicing. My daughter passed away and left everything to me in her will. Hello I am in the same boat same story.. 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. We keep getting letters from their lawyers saying they are going to foreclose on us. They also call me 3-4 times a week, at all hours. Servicer may pay over $200,000 to settle class-action suit Please add me in they are fraudulent company . DEMAND to see the wet ink note (the original). I asked for bills or invoices for the attorney and drive-by fees, but they refuse to send me anything. Reese v. Select Portfolio Servicing Inc. CA1/4 - CourtListener May 24, 2022) The fact pattern sounds like something out of Gulliver's travels. For example, Select Portfolio Servicing advises a homeowner seeking loss mitigation options that a single point of contact ("relationship manager") has been assigned to assist with the communications, questions, or status' during the loss mitigation process. Consumer Protection Laws: TILA, RESPA, TILA and RESPA combined, The ECOA REG. After a year of fruitless negotiations between major U.S. banks and the nation's state attorneys general, Massachusetts has filed the first major lawsuit over so-called "robo-signing" foreclosure . So they passed the HOT POTATOE .to Select Portfolio Services. This class action brings suit under the Fair Debt Collection Practices Act (FDCPA) in reference to a mortgage serviced by Select Portfolio Servicing, Inc. Mind you it was lender place insurance. The plaintiffs are represented by Philip D. Stern and Andrew T. Thomasson of Stern Thomasson LLP. IL. Did anyone mentioned here they had received the famous, Federally prohibited, runaround which it is, but not limited to: 1. 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. Please stop this company!! Please provide any additional information about your inquiry. This company has no intentions for home preservation for homeowners who are good paying customers, making their monthly payments. Rushmore Loan Management Lawsuit - Law Cost 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. I have a LAUNDRY list of ILLEGAL activities that SPS has done to me. This is one of the most unprofessional companies that I have ever come across. All I can say is WOWHELP!!!!!!!!? The person represented SPS and the person was driving a car with license plates registered to a truck. Select portfolio servicing has from day one used deceptive tactics , fake assignments and denial to access our account to be forced into foreclosure. SPS bonus for liars, cheaters and thieves? Even after trying to find out since receivin the news it had been sold. Ripoff Report | Select Portfolio Servicing, Inc. complaints, reviews 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. 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. Meanwhile SPS has placed my account in default & threaten me constantly via phone & letters! 3. 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. Very unfair practices. I told my daughter that they werent going to help us and they havent! My sister and Insurance Agent stayed on the phone with the company over 4 hours and got no where . I wrote to them and they havent responded. ( outside the United States). If your going to help them, dont bother me! I had an electrical fire in 2011 (I think) and again no problems with Bank of America filing a claim. When they took over from Accredited Home Lenders my payments went up $362 a month without any reason given to me. 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. In 2017, 2018, 2019, and 2020, Defendant charged Plaintiffs EZ Pay fees ranging from $5 to $15 "each time [they] paid [their] mortgage[s] by direct debit from [their] bank account[s]." (Id. The case status is Pending - Other Pending. The Select Portfolio Servicing unfair debt collection practices lawsuit alleges that those communications to the Riveras violated the FDCPA in at least two ways. They are predators of the elderly and have no true documents to foreclosure. . They are in their mid 80s on social security. 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. 9. are staring down a proposed class action that alleges the companies engaged in abusive collection activities concerning a New York consumer's mortgage loan. I have had problems with my monthly mortgage since SPS has taken over the account. settlement administrator or your attorney for any updates regarding I agree, we have dealt with the company for a couple of years and their goal is to have you lose your home so they can make a profit. Anyone interested in joining us on the lawsuit contact me at j_perezm@live.com. Seek help!! They will not take our home! I paid that am out plus have been current in my payments ever since. Im interested in joining you on the lawsuit. On two Were you able to complete the first 3 payments, and later defaulted, and may have or you are about to lose your home now? The complaint quotes the plan as saying, The value of [Selects] second mortgage claim on Debtors property is valued at zero. . SPS Undermines the United States and diminishes our Judges and Courts. i am so disgusted with sps. Aug 20, 2021 PRINCETON A woman is suing Select Portfolio Servicing for breach of contract, fraud and violations of the West Virginia Consumer Credit and Protection Act. 'Then here I get hit in the face with this': Homeowners claim mortgage they said there investors about 20 of them will not extend a motg to 40 yrs. I owe more on my house them when I purchased it. With no notice. We have refinanced an equity loan which banks do not resell. 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. They have no feelings, they mess up your credit so you cant get a loan no where else. We CANT let them! I need help to gett a loan modification. That Tip #2. For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. Thats being WAY to PC but I dont wanna offend anyone. The class action lawsuit maintains Select Portfolio Servicing missed that five-day deadline in its communications with the Riveras, and likely with others. U.S. RMBS Servicer Handbook: Servicing At A Glance . I dont understand how that helps me when I used the money to fix my property, so where do they think I have the balloon payment they are requesting. Loza v. Select Portfolio Servicing, Inc. (7:17-cv-00430) - CourtListener 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 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. Before my first payment to SPS was to be sent, they applied appx $8,000 in fees to the mortgage. 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. After fighting with them for 4 months and only paying them my original payments they told me that they Never received my escrow account from AHL. I have the same problem, if you join to any lawsuit let me know,Im interested. I didnt think you could raise a mortgage every month, even if Im late paying it. After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. Select Portfolio Servicing - Complaints Board Sep 23, 2019 - Loan Servicing Representative . they say they gelp you with a loan modification. People; Product; Insights; Search . 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. My husband n I have be cheated out of refinancing n I have not filled any request for our equity that we shoud bolt up over these 19 year weve owned made our payment it went from champion mortgage to h s b c then beneficial to this s p s n no one has informed me personally about any law suit or anything n I would like to know how someone signs I up online with out your pemiison ???? Twice since my lawyer has had to return to the trustee in my behalf over arguments of the total owed and my monthly payments. 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. I was told to send in my divorce decree, which I did. However if I try to sell the house I would need to pay them plus the continued monthly interest. drug injury lawsuits and product liability lawsuits. They have taken off the original borrower and placed the account in the deceased borrowers name to prevent her from accessing her account. My Mortgage was brought by them back in 2002 and it is like I have not been paying Mortgage. Decide which cookies you want to allow. More than 86% of the aforementioned statistics are loans originated before 2008. At. Gavin June 18, 2021 June 20, 2021. Terms and Conditions. Mackroy claims he and his wife never requested the 20-year option and they never missed a payment. 8. The court granted her a discharge in July. They will not offer me any form of payback or payment plan within my means whatsoever, state that Fannie Mae declining the fact of the furring the money to the end of the loan. We just refinanced our loan to get out of their deceptive actions. Guess what? Whoever you signed your loan with is still responsible. Now I have a house no mortgage cannot sell and a chargeoff that accrues interest. 19-10204 (11th Cir. Plaintiff's lawsuit seeks a temporary injunction to stop the foreclosure sale of her property located at 8308 Bridgetown Drive, Austin, Texas 78753 ("Property"). This still hasnt stopped them. Feb 13 2019 09:11 AM Box 65250 Salt Lake City, UT 84165-0250 Account PaymentSelect Portfolio Servicing, Inc. Attn: Remittance Processing P.O. YES PLEASE ADD ME TO A CLASS ACTION LAWSUIT AGAINST SPS PORTFOLIO BECAUSE THEY HAVE PURPOSELY DISCRIMINATED AGAINST MYSELF , MY FAMILY AND FRIENDS ON EACH AND EVERY ASPECT OF DISCRIMINATION. We just refinanced our loan to get out of their deceptive actions. Im so fed up with SPS. Mills v. Select Portfolio Servicing, Inc. - Casetext A link to creating an account may be found here: https://topclassactions.com/signup/. One of the most unethical companies Ive experienced. No. All over the country and getting away with it! 2, Report #1408758. We were told that the extra amount would be taken off, then they told us if the do, we have to pay taxes on almost $85,000. i have and im going through to take charge of my house . The house needs lots of work therefore I cannot sell it and SPS will not accept payments but my loan interest continues to accumulate. My Bank sent them $34,000.00 on 2/15/2019 I called and ask them to apply $34,000to my Principal only when they received the check, I was told they made a record to do that when the check received, instead they took out extra Mortgage payment for the following month even auto paid is set up for my regular monthly payments when I called them concerning the payments I was told I did not call then when they received the check and that is how the computer is set up to take another month mortgage payments how would I know the exact time and date they received the check, I was never advised that is what I have to do to call them every 5 minutes to remind them, I also lost my home in 2014 due to increased and added fees I just couldnt keep up with and they would not work with me.
