I have been required to carry insurance for sps and I have been wrongfully forclosed upon with all the typical bs.from sps. The Riveras filed for bankruptcy that same year, and ultimately discharged their debt, including their mortgage, in October of 2009. Last months check hasnt cleared yet, so I suspect SPS is up to something. One of the most unethical companies Ive experienced. Later my mortgage was transferred to SPS and I have had hell every since. I believe that SPS wishes to foreclose on the house, instead of allowing for the agreed to Short Sale. They only send a power of attorney for SPS to handle the payments of the loan. At the maturation of the mortgage in 2036, I will essentially owe about 70% of refinanced amount under the HARP modification. A link to creating an account may be found here: https://topclassactions.com/signup/. We just refinanced our loan to get out of their deceptive actions. Was the youngest Manager of four and achieved rapid promotion through the ranks in three years. Author: New Castle, Delaware. 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 . Recently we were on a payment plan for our taxes 1/2 Miv and 1/2 June. They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. They wont release the mortgage. Due to their overall incompetence and in particular, their incredible ability to lose documents, we lost our home and so much more. I am dealing with that now. 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? They have taken off the original borrower and placed the account in the deceased borrowers name to prevent her from accessing her account. Did you receive a Loan Modification Agreement for you to sign, that you did not apply for, which stays that you are modifying the LIEN, when you have no idea what that was? Youre not alone either. I could go on for days. 3, Report #1346112. Despite the bankruptcy, the Riveras received a notice that the Bank of America mortgage was transferred to Select Portfolio Servicing for collection on July 9, 2015. receive is excuses why I dont have the replacement check. F.B.I. They are prime evil, liars and thieves!! that reports on class action lawsuits, class action settlements, SPS Undermines the United States and diminishes our Judges and Courts. 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. It is important that you submit the documents to us as soon as possible because we . Defendant Select Portfolio Servicing, Inc., the company that serviced Plaintiffs' mortgage loans . Now they are billing me for $3000 in attorney and drive-by fees. 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. What and who do I need to contact. 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. This is so incredibly cruel, underhanded and frustrating . Ct. Travis County, Tex. 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 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? This company is a bully, misleading, and screw a lot of customers over by taking their home. They are still charging me drive-by fees every month. 9. The monthly re-payment plan is 4 xs times the amount of my regular monthly mortgage and is for 12 months. I owe more on my house them when I purchased it. I am ready for a lawsuit if there us one. Jul 2010 - Jan 20154 years 7 months. I would also like to add my name to any class action lawsuit against SPS. Then after that was submitted and then denied. NOT. Sounds familiar! 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..!!!!!! They are in their mid 80s on social security. I continue to make payments. I hate this company and will fight them till the end. SPS never took ownership of the house. REFUSING payments, Increasing payment over $200 for no reason then claiming they never got my escrow from Accredited Home Lenders, REFUSING to let me pay on the Principal because it would change my monthly payment, LOOSING payments that cleared my bank. Did SPS mail a letter and SPS DID NOT CLEARLY LISTED which document were needed to complete your application for a Loan Modification? 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. On two The F.B.I. What would other Government Agencies will do? We received a letter from SPS who instructed us to send the mortgage payment to them. They make it so hard to gather information that it is hard to know what to do. the content you have visited before, Advertising: Gather personally identifiable information such as name and location, Advertising: Use information for tailored advertising with third parties, Advertising: Allow you to connect to social sites, Advertising: Identify device you are using. I tried continuously to modify my loan after falling behind. This is a higher than average score with the overall rating of Select Portfolio Servicing employees being 2.8 out of 5 stars. I would love to stick to these jerks. PS my email is chayote23@yahoo or hit my facebook. I have also contacted my congressman and filed a complaint with them and they got in touch with them and tried to talk on my behalf. I am very disappointed. NOTHING OR they will be FINED again, and the day after, they will continue to engage in the same pattern of prohibited practices. It has been a nightmare and there has been my forged signatures to documentsee trying to undercut the firm handing my case. Did you sustain in your payments? WHY is this company STILL in business after being caught and fined so many times yet theyre getting away with STEALING our homes!! select portfolio servicing lawsuit 2021 select portfolio servicing lawsuit 2021 Home Realizacje i porady Bez kategorii select portfolio servicing lawsuit 2021. They say my income is not enough .. Terms and Conditions. Mary Kathryn O'Brien brought this lawsuit in Essex Superior Court against Select Portfolio Servicing, Inc. (SPS), and Deutsche Bank National Trust Company. I am a veteran I served six years in the military only to be homeless? 11:06 AM. I am so stressed out over this. I need help to make this mess go away! Make payments, set up and make changes to monthly auto draft, view statements, and review escrow information. Select Portfolio Servicing has an average consumer rating of 2 stars from 44 reviews. Does anyone have any suggestions on how I can get my name of the Deed? Instead they dragged it out for years making it almost impossible to still be eligible as they would not accept any mortgage payments during this whole time. Then said loan is getting purchased for pennies on the dollar. Bank of America - closed mortgage center near Portland, OR, 102 layoffs. Plaintiff Jacqueline Fleming took out a mortgage to secure the purchase of a home in April 2005. 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. They wont be able to produce it! SPS said they would not accept any more payments and charged off the loan. It has been 6 months, as SPS keeps denying paperwork, requesting resubmissions of paperwork, stating that they did not receive paperwork or the resubmitted paperwork. Like so many others, they misled me telling me I would qualify then repeatedly denied me based on missing documents, etc. In January 2018 I lost my home to SPS. They are unlawfully holding the $75,000.00 likely collecting huge interest!Also, knowing my home burned, they force placed expensive homeowners insurance! 1. stating because of lender place insurance. I want a significant amount of money for restitution because of what this company did to myself , my family and friends and by God I have thrown my dog in this fight and I dont back down from a discriminating , unethical and immoral company called SPS PORTFOLIO AND JOIN ME BECAUSE I HAVE A BIG BAD MEAN DOG IN THIS FIGHT . Had them on Two Strikes when upon the third they were Striped of their right to FORCLOSE . I have been trying to sell the house in a Short Sale. 2019. Ive done my homework on them and havent found anything good. After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. Actions does not process claims and we cannot advise you on the Privacy Policy | I. I know theres a lot of us out there that, sadly, have experienced the same thing. 362 (c) (3) (A) terminates the automatic bankruptcy stay as to property of the bankruptcy estate. i owe approx 140k on my mortgage. They have also upped my escrow account even though my insurance rates and taxes have not gone up. even more owed! I wish There was some way to get back at this company. I pay the late charges for being late. This case was filed in U.S. District Courts, Florida Southern District Court. 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. Click Change Settings if you want to tailor the use of your cookies. Setting up a free account with Top Class Actions will allow you to receive instant updates on ANY article that you Follow on our website. In March 2010, Fleming filed a Chapter 7 bankruptcy. Ive tried so many times with this company and all they have done is lied to me !!! No one will help including attorney general, CFBP nor any federal agency. Box 65250, Salt Lake City, UT 84165-0250 Account Payment Attn: Remittance Processing, P.O. Yes!!! Fitch rates residential mortgage primary, master, and special servicers on a scale of 1 to 5, with 1 being the highest rating. i tried talking to a representative which was no help. SPS has charged off as well but keeps charging me monthly charges and harasses me multiple times daily . Anyone interested in joining us on the lawsuit contact me at j_perezm@live.com. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 "special servicing" loans totaling around $4.8 billion. History [ edit] Select Portfolio Servicing was created as a Utah company in 1989. 2. Dentons Offices Credit Ratings, Research and Analysis for the global capital markets. This stops any other bank from redoing the loan. They refuse to work with you, they increase your notes higher to make sure you fail. The Select Portfolio Servicing Unfair Debt Collection PracticesClass ActionLawsuit is Angel Rivera, et al. There are over 9109 complaints on file for SELECT PORTFOLIO SERVICING, INC. Question how did I get a negative escrow if its threw my mortgage payment.I never missed a payment not even when I wasnt staying there when my home caught fire. 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. However, there are several other issues with SPS and would like to file a law suit in US District Federal or would like to get a class.action lawsuit $75,000.00 which, to this date has not been applied to the mortgage. They said they cant extend it beyond that period. We are paying interest only on like 50k at a 9% and after 30 yrs we owe them 153k wth!! 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 . For each and every loan, regardless which the Investor is, YOU are eligible for Principal Forgiveness It is Public Information DOJs website. This field is for validation purposes and should be left unchanged. SPS Acct 0015160716 Relationship Y. Matguez We have refinanced an equity loan which banks do not resell. All over the country and getting away with it! Fines. 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. Im interested in joining you on the lawsuit. NOT. This outfit needs to be exposed! 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. No one call tell me anything over the phone..I did try BK but only for just under 1 year b/c date of court filing us too OLD! They have no feelings, they mess up your credit so you cant get a loan no where else. For them to do so is FRAUD and they can be sued for it!! They lie, they dont send any documentation, they abuse the elderly laws, they are the most corrupt company I have ever come across and why cant we get them shut down! 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 I was promised if I move out and give them the keys, they will return give me $2500 moving expense. All I can say is WOWHELP!!!!!!!!? Entity featured on Fitch Ratings. Sps forced a forbearance on me. No refince with them or documents signed. SPS is fully owned by Credit Suisse USA, a large investment Company. The firm's many attorneys have a wide range of expertise in all areas of the law. 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. Required fields are marked *. I was able to make partial payment. However, this can result in some functions no longer being available. I have a LAUNDRY list of ILLEGAL activities that SPS has done to me. Well they file to foreclose and I returned file bankruptcy. The Judge overseeing this case is Micaela Alvarez. select_portfolio_svcg_fdcpa_complaint.pdf, Attempt to Collect Debt Discharged in Bankruptcy. 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. Oct 26 2017. The Investment company receives $1.00 to $1.5 for each $1.00 forgiven as a CREDIT towards the $5.8 Billion Dollars Settlement. 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. Salt Lake City, Utah. 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. 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 . Our payments went up 800 a month by the time we lost the house. I am sorry for all that you have been through, reading the comments each had made, it is sad that this is permitted in our Nation. W.T.F. Very unfair practices. SELECT PORTFOLIO SERVICING Ripoff Reports, Complaints, Reviews, Scams, Lawsuits and Frauds Reported Your Search: select portfolio servicing. Did SPS mailed you a letter or told you over the phone that they had not received the document(s) to complete your application? I bought my house in 2004 for $225,000 I put $150,000 down and took out an $80,000 mortgage. they said there investors about 20 of them will not extend a motg to 40 yrs. He also says that he questioned SPS about his transaction history. Select Portfolio Servicing, Inc., No. 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. Consumer Protection Laws: TILA, RESPA, TILA and RESPA combined, The ECOA REG. They wont stop running up more fees and this has been going on for 3 years!!!! The Settlement simply allowed the Investment Company not to fall into the DOJs black List, like BOA and Wells Fargo did. We have filed modification loanpaper refiancing papers and deed of liue and now our short sale was denied. Hello, I had the remaining ~ $19k balance that was Paid on time with chase transfered to SPS last August. Mackroy claims he and his wife never requested the 20-year option and they never missed a payment. administrator or law firm. I have been dealing with these people since the August 2016 Historical Flood! They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. If you did, it is very LIKELY that you were duped! 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. But according . This company needs to be investigated and shut down for unfair practices and using fake documents and fake entities to steal homes. that has to be illegal. I have submitted countless of documents more than once. 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. Contents. I wish to contact this lawyer as well I have SPS and theyre Crooks . The Select Portfolio Servicing class action lawsuit asserts that the company is a special servicer of residential mortgage loans, meaningitcollects on defaulted or delinquent mortgages. 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. They stay in house. I obtained a modification in 2011 due to divorce and in 7 years had 7 servers. Please add me to any lawsuit against SPS. Counsel at Wargo, French & Singer on Monday removed a lawsuit against Select Portfolio Servicing, Deutsche Bank and JPMorgan Chase to Georgia Northern District Court. We finally gave up and lost our home. Our mortgage was purchased by Select Portfolio and they have attached so many fees and false charges that we owe $10,000 more than the mortgage amount was in the first place. im gettting a lawyer. settlement administrator or your attorney for any updates regarding PLEASE ADD US, JOSEPH and VENUS WILLIAMS! 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. The organization has also helped her consider strategies for dealing with her mortgage servicer, Select Portfolio Servicing. 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. A year later I have not received the replacement check for the one sent in. Select portfolio is scum! Did anyone look into the 1098 FORMS SPS had mailed out to you for the years of 2017, 2018 and 2019? When I told them to call AHL and figure it out I was told Thats not our job sir. I really cant afford this payment now. Decide which cookies you want to allow. 6. Over the years my dad has probably paid 3 times the original note. I wish we all came get them in order and money back they owe us they the devil I seen in person theyre evil, I need someone to help me with my law suit what all they did to me to much to write about, but they need to be stop. Thats being WAY to PC but I dont wanna offend anyone. Sep 23, 2019 - Loan Servicing Representative . this is what they do. The company did not respond to messages seeking comment. 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. My house was up for sale, offer was was rescended so I had to continue paying the mortgage. I inquired how I received an escrow check from SPS inc made out to my ex-wife and myself. I have the same problem, if you join to any lawsuit let me know,Im interested. Defendant (s) Select Portfolio Servicing Law (s) Real Estate Settlement Procedures Act State (s) New to ClassAction.org? 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! They tell you they can help with the programs they have. Managed a team of 12 staff and was responsible for recruitment, training, performance, supervision and quarterly reviews. I dont care if God strikes my home and burns it to the ground. 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. Special Report / Tue 30 Apr, 2019. 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. Before this lawsuit came out I told my momma something wasnt right about this company. 2. i live in long island and i can t get my loan modified becasue the taxes out weight the morgtgage. SPS has been blocking every attempt for the short sale to go through. I didnt want that, sps counselor said turning over the house would save my credit. They paid 3 homeowners insurance Companies and charge for each in2021. I have had problems with my monthly mortgage since SPS has taken over the account. Please let me know if I can join the lawsuit. So they passed the HOT POTATOE .to Select Portfolio Services. This company is horrible. We learned early on to wire the payment from our bank so they wouldnt delay payment postings. They tell you they can help with the programs they have. How do i get in this or start a sue again select im losing my hm in june 2022..they take your money payment go up higher..they lawyer is a bad lier.. i file bankruptcy 2 time and they act like they was afraid of they lawyer..i work so hard for my hm to lose it..i apply 5 time for hardship and keep getting turn down.. Nearly six years later, in 2016, Fleming filed a Chapter 13 bankruptcy, and then an amended Chapter 13 plan. I have to pay a fee for a payoff quote, I have to pay a fee to make my mortgage payment by check, a fee to pay by phone, a fee to pay online but free if I let them withdraw the payments from my bank automatically..fine print says payment amounts will vary but will include the full amount due including interest, fees and other charges and past due amounts. As of today (9/15/2018) the Deed of the house is still in my name. your claim status, claim form or questions about when payments are Misleading homeowners To no avail, after the 10th request for a modification, once again denied ,sent generic letter, postponed foreclosure to start the insanity back over again. My name is Lisa House I too am being used by SPS SERVICING. They said they would modify the agreement but only sent forms and saying they were sent and they were. That Tip #2. Weeks later, they received a notice of debt from Select Portfolio Servicing on July 24, 2015, stating that late charges would accrue and vary from day to day.. They are predators of the elderly and have no true documents to foreclosure. B, UDAAP, FDCPA, to name a few: Countless Letters Internal Communication among employees Letters from other Homeowners which the Mortgage Loan was and is serviced by SPS The letters, emails, the modified payments ALL indicate the Mortgage Servicer has defrauded consumers and the U.S. Other documents, acts and practices, demonstrates the audacious acts the Servicer takes before our judicial system.
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