All the issues you brought up are valid issues and an attorney can tell you how to protect your home. At some time after that, Fleming was unable to make monthly payments and defaulted on the loan. BankFirst - shut by FDIC. 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 . If there is a class action against them Id love the chance to run this company out. According to the lawsuit, the plaintiff's U.S. Bank mortgage debt was accelerated in 2009 and began being serviced by SPS in 2013. I need a lawyer to work for me against SPS and their unethical practices! They tell you they can help with the programs they have. It is important that you submit the documents to us as soon as possible because we . 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. This company is horrible. These unlawful deceitful practices must stopId like to join in based on the principle!!! We have refinanced an equity loan which banks do not resell. Founded in 1989, SPS is not accredited by the Better Business Bureau and has received hundreds of complaints for billing/collection problems and potential FDCPA violations. My statements and all my account info at SELECT PORTFOLIO SERVICING, shows the original balance of $86,395.00!! My name is Lisa House I too am being used by SPS SERVICING. 2, Report #1408758. 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. 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 was able to make partial payment. https://topclassactions.com/wp-admin/admin-ajax.php. Same situation home sold by HFC and Select Portfolio Servicing had been send mee all type of late charges and false documents. I need help to gett a loan modification. I have been denied modifications, short sales and now foreclosure which didnt sale and they are now saying they own the home and offering relocations assistance available of 3,000 to leave so they can sale. Im interested in joining you on the lawsuit. This company will steal your home!! This company is a disgrace tio have a legal right to do business in the USA. The firm's many attorneys have a wide range of expertise in all areas of the law. Bank of America - cut 50 jobs at Legacy Asset Servicing unit in Fort Worth, TX. They never intend to approve my modification. The F.T.C. They dont purchase loans. Select Portfolio Servicing, Inc ., D-1-GN-19-001092 (200th Dist. We are paying interest only on like 50k at a 9% and after 30 yrs we owe them 153k wth!! 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. 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. 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. 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! Our payments went up 800 a month by the time we lost the house. Now SPS is threatening to raise my interest rate to 3% and then 3.75% the next year. Please go on SM and find a group that will help you! Therefore, they owe an additional $16,000. They also said because they are not a bank I cannot do a loan modification. Then requested a Proof of Occupancy. All Rights Reserved. 4. The suit, for claims. Everything you State is FACT. Plaintiff sued Select Portfolio Servicing ("Portfolio"), a mortgage servicer, under the Fair Debt Collections Practices Act ("FDCPA") and the Florida Consumer Collection Practices Act ("FCCPA"). So please count me in!!! they take my payment and double it for one year and leave me with a large balloon to pay in 12 months that is about 200kthats there idea of a plan to fail. With no notice. They only send a power of attorney for SPS to handle the payments of the loan. 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. We keep getting letters from their lawyers saying they are going to foreclose on us. History [ edit] Select Portfolio Servicing was created as a Utah company in 1989. The servicing portfolio consists of 742,000 non-agency RMBS loans totaling approximately $131.91 billion, 96,500 third-party serviced loans totaling $15.96 billion and 61,000 agency loans totaling $9.65 billion. I am dealing with that now. Now I have a house no mortgage cannot sell and a chargeoff that accrues interest. How do you sue or bring charges to the forger . Did SPS mailed you a letter or told you over the phone that they had not received the document(s) to complete your application? Did you sustain in your payments? 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. If you did, it is very LIKELY that you were duped! Managed a team of 12 staff and was responsible for recruitment, training, performance, supervision and quarterly reviews. Please add me in they are fraudulent company . Mackroy claims he and his wife never requested the 20-year option and they never missed a payment. 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 So I am reporting of what I believe to be Unfair Lending Practices. $75,000.00 which, to this date has not been applied to the mortgage. . status of any class action settlement claim. SPS is fully owned by Credit Suisse USA, a large investment Company. Please add me.. The class action lawsuit maintains Select Portfolio Servicing missed that five-day deadline in its communications with the Riveras, and likely with others. NOT. S u need to search lawsuits thats all pertain to yourself and stop. 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. I received an escrow check from SPS inc made out to my ex-wife and myself. I have a LAUNDRY list of ILLEGAL activities that SPS has done to me. SPS Undermines the United States and diminishes our Judges and Courts. F.B.I. However if I try to sell the house I would need to pay them plus the continued monthly interest. I told my daughter that they werent going to help us and they havent! 6. Dentons > Los Angeles, United States > Firm Profile. They are unlawfully holding the $75,000.00 likely collecting huge interest!Also, knowing my home burned, they force placed expensive homeowners insurance! Fake documents filed at the registry of deeds and they have NO accounting of any previous payments and try to foreclosure on homes they did not have rights to! Fines. SPS has been blocking every attempt for the short sale to go through. SMH. I understand every one of these posts this company is terrible.So sad. Anyone interested in joining us on the lawsuit contact me at j_perezm@live.com. The F.B.I. !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! My loan was in default. 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 Worked with . Nearly six years later, in 2016, Fleming filed a Chapter 13 bankruptcy, and then an amended Chapter 13 plan. Someone PLEASE CONTACT ME. . Fill out this form for a FREE and prompt case evaluation. They tell you they can help with the programs they have. You can not pay them on line as I did with my Bank before. Box 65250, Salt Lake City, UT 84165-0250 Account Payment Attn: Remittance Processing, P.O. 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. 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. The case status is Pending - Other Pending. Select Portfolio Servicing, Inc., No. If anyone can help, please contact me at lynn_sousa@yahoo.com. When I called all I Looking at other comments I dont think they have helped any one. For them to do so is FRAUD and they can be sued for it!! 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. Sps forced a forbearance on me. The complaint alleges that Select Portfolio Servicing uses false, deceptive, misleading, unfair, and unconscionable practices in connection with their attempt to collect an alleged debt from Plaintiffs and others.. even more owed! Mary Kathryn O'Brien brought this lawsuit in Essex Superior Court against Select Portfolio Servicing, Inc. (SPS), and Deutsche Bank National Trust Company. People; Product; Insights; Search . 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. This company for real needs investigated. this is what they do. Look for an attorney and sue themthey are ALL corrupt!! For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. Read our Newswire Disclaimer Lynn, Hello I am in the same boat same story.. In September I sent them My Mortgage was brought by them back in 2002 and it is like I have not been paying Mortgage. 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. Mind you it was lender place insurance. PLEASE ADD US, JOSEPH and VENUS WILLIAMS! Am facing foreclosure after numerous attempts to get a modification. They just did it. They should not be in business and should hang by The Noose so what theyre doing to people and taking peoples homes. drug injury lawsuits and product liability lawsuits. It is unbelievable and very stressful to deal with this company. Click Change Settings if you want to tailor the use of your cookies. I would also like to have my name added to this. I have been required to carry insurance for sps and I have been wrongfully forclosed upon with all the typical bs.from sps. 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. They steal homes. Documents indicate that SPS had violated countless Federal Laws, not only consumer laws, but also BK Laws. SPS can controls the insurance, they pick the policy, price and force me to buy from only their vendor? Management And Organization ialso pays to do a ferinzic audit .i did now i can sue them all. As of March 31, 2021, the portfolio consists of approximately 8% whole loans, 75% subserviced private label securitizations (PLSs), 4% GSE, and 13% PLS mortgage servicing rights. Published by New York State Law Reporting Bureau pursuant to Judiciary Law 431. . 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. My mortgage was jyst sold to SPS , May I jump on the train? With no notice. Had them on Two Strikes when upon the third they were Striped of their right to FORCLOSE . This field is for validation purposes and should be left unchanged. They lie about paperwork when you send it or what you should send to them! It is unbelievable and very stressful to deal with this company. The company has many years of experience in providing legal representation to a variety of clients, including corporations . 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 have even gone to the bbb about them they constantly call and harass me and now are hiking my payments up they are not a true mortgage co. but a debt collector. I decided to go back to school to study law because of the stress they have put me through. If it does look familiar, sadly you are not alone. 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. They try to scam you on the loan modifications also. 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. They said they would modify the agreement but only sent forms and saying they were sent and they were. Click Accept if you consent. There are over 9109 complaints on file for SELECT PORTFOLIO SERVICING, INC. 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. The balance indicates we owe more now than when we purchased the property 24 years ago. I first contacted SPS October 2018. website. Select Portfolio Servicing said a clause in their original loan provided a 20-year option. Please let me know if I can join the lawsuit. 16-3540 Decided: May 30, 2017 Before: BOGGS, SILER, and MOORE, Circuit Judges. 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. Select Portfolio Servicing will also provide advice concerning various aspects of selecting an appropriate legal strategy and handling the case after it is filed. ALSO I HAVE A HUGE DOG IN THIS FIGHT WITH THE US DEPARTMEMT OF JUSTICE THROWING THEIR UNPOLITICAL DOG IN WITH MINE. Please add me to any lawsuit against SPS. 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. I bought my house in 2004 for $225,000 I put $150,000 down and took out an $80,000 mortgage. Lying to Judges 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. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 special servicing loans totaling around $4.8 billion. The plan did not provide for any payments to Select, and Select did not object to the plan, the complaint says. Im not the sharpest knife in the droor, but a blind man could smell these SCUM BAGS 2Big2fail ??? The Select Portfolio Servicing class action lawsuit asserts that the company is a "special servicer" of residential mortgage loans, meaning it collects on defaulted or delinquent mortgages. so They passed the HOT POTATOE to U.S.Bank National Association . Box 65450, Salt Lake City, UT 84165-0450 No one will help including attorney general, CFBP nor any federal agency. The Automatic Stay Class is similar, but it is for persons Select tried to collect from while they were actively in bankruptcy proceedings. Twice since my lawyer has had to return to the trustee in my behalf over arguments of the total owed and my monthly payments. 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 . So, they keep sending threatening letters stating my home will be escalated to foreclosure if I dont make the full payment. I am fighting them with no attorney. We cant refinance, cant amend the mortgage, etc. 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. They are in their mid 80s on social security. They are the worst scum EVER! Overview 292 Reviews 7 Jobs 392 Salaries 28 Interviews 68 Benefits 6 Photos 65 Diversity + Add a Review Select Portfolio Servicing Reviews Updated Feb 8, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 284 of over 292 reviews Sort Popular Popular COVID-19 Related Highest Rating Were almost there to shut them down and make them pay back all of us!!! Were they clear about the terms and conditions? Check your chain of titles theyre probably all fraudulent making the chain of title void. that reports on class action lawsuits, class action settlements, 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. This company does not follow any federal consumer laws. SPS said they would not accept any more payments and charged off the loan. How is this company still in business? You can change these settings at any time. I am very disappointed. Servicing of mortgage loans and administration of escrow accounts. SPS would never give me dates/amounts/ownership of loan. I obtained a modification in 2011 due to divorce and in 7 years had 7 servers. Then I received a letter saying my mortgage had been sold and Select Portfolio Servicesite would be my new server but terms would not change. PS my email is chayote23@yahoo or hit my facebook. A link to creating an account may be found here: https://topclassactions.com/signup/. They have no feelings, they mess up your credit so you cant get a loan no where else. SPS tried to make me pay the mortgage payments, even though the house was discharged in bankruptcy. Even after hiring an attorney , who also received the same problems and delays I was forced to file a chapter 13 . The company is now asking for 2 Proofs of Occupancy. 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? It is unbelievable and very stressful to deal with this company. Make payments, set up and make changes to monthly auto draft, view statements, and review escrow information. Ensured the foreclosure attorney continually expedites the foreclosure process in accordance with allowable timeframes. i am so disgusted with sps. 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. I am so stressed out over this. Feb 13 2019 09:11 AM This company is horrible. For information on deleting the cookies, please consult your browsers help function. NOT. Think Im caught up and bam! That Tip #2. This stops any other bank from redoing the loan. 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. After Select Portfolio Servicing, Inc. (SPS) filed a notice of trustee's sale and began foreclosure proceedings against Musil's property, Reese sued SPS on Musil's behalf based on alleged violations of the Homeowner's Bill of Rights 1 f (Civil Code1, 2920 . Gavin June 18, 2021 June 20, 2021. They refuse to work with you, they increase your notes higher to make sure you fail. Does THAT sound familiar to you, did that happen to you, a friend or a family member? I filled bankruptcy in 2010 (placed my house in the bankruptcy) was discharged in 2011. Two classes have been defined for this action. 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. Author: New Castle, Delaware. But in November of that year, Select again tried to collect the mortgage from her. She alleged that the erroneous monthly mortgage statements were harassing, false, and mislead-ing, and that by sending them Select Portfolio engaged in unfair I was told to send in my divorce decree, which I did. We offer a submission form on our website for you to fill out if you are seeking class action legal help. Praying I wont be homeless!!! Thank you, I would like to get in on this class action lawsuit. Box 65450 Salt Lake City, UT 84165-0450 Please write Will not give us our ESCROW! NOT. does anyone know a good one? Since the purchase of my loan in 2013 it has been a complete nightmare. SPS always says that buyer amount is too low(3 -4 good firm cash offers). They stay in house. 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. It was then I realized that a Chase had not removed PMI during a consolidation and was referred to SPS to correct. documentation, to Select Portfolio Servicing via mail: 3217 S. Decker Lake Dr., Salt Lake City, UT 84119, fax: 801-293-3936, or online: www.spservicing.com. There is help out there!! i have and im going through to take charge of my house . Once they saw we were trying to refinance our loan they changed our stays at the Tax Office to say we already had it as an Equity Loan. I asked for bills or invoices for the attorney and drive-by fees, but they refuse to send me anything. This is not the only recent class action lawsuit against Select Portfolio Servicing. receive is excuses why I dont have the replacement check. Select Portfolio Servicing Inc. One Sept 22nd I spoke with a customer service rep about assistance due to Hurricane Irma. I live in Florida and when Hurricane Irma hit, I had some property damage, that I had to fix, I ask for a loan extension which they granted, which all the monies were due at the end of the 3 month extension, which wasnt explained to me that way by the representative on the phone at the time of my request. Credit Ratings, Research and Analysis for the global capital markets. 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. My house was up for sale, offer was was rescended so I had to continue paying the mortgage. 5. My SPS mobile app is a fast, secure way to manage your mortgage account 24/7. i live in long island and i can t get my loan modified becasue the taxes out weight the morgtgage. We will use these documents to determine your eligibility for our deed-in-lieu option. 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. 100% agree they are just stealing our properties with help of judges. SPS Acct 0015160716 Relationship Y. Matguez Ugh it is horrible. 2. 3, Report #1346112. Ive been disputing this for almost 2 years now. Sounds familiar! [*1] Mekawy v Select Portfolio Servicing, Inc. 2020 NY Slip Op 50287(U) Decided on February 26, 2020 Supreme Court, Queens County Weiss, J. There are too many things that SPS has done illegally to me to count since taking over my loan in 2012. All I can say is WOWHELP!!!!!!!!? 2019); cert. We just refinanced our loan to get out of their deceptive actions. This company needs to be investigated and shut down for unfair practices and using fake documents and fake entities to steal homes. If they feel you qualify, they will contact you directly. I also have Select Portfolio Servicing, Inc. and I been have issues with SPS illegal fees of a Loan Modification because in my situation my principal of my mortgage is $122k (Libro Loan in 2005 with % rate of 8 to 15%) but they added fees and past due payments to $265k and my home is only worth $90k . After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. But I cant find any lawyer or program to help me. SPS sluffed this off as so what! it all happened to us in the end stole our home we worked our entire lives for !! Meanwhile SPS has placed my account in default & threaten me constantly via phone & letters! add me please.these jerks keep saying my 2019 taxes arent paid, i have sent them proof 3 times & so has my city/county office, & they still insist they are not paid & raised my mortgage!! The case is still moving through the courts and has not yet reached a settlement. 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? They keep trying to steal my home. SPS PORTFOLIO HAS TO GO!!! They are still charging me drive-by fees every month. I am so tired of this harassment. I send SPS a check on the 1st of the month every month. I know how hard it can be. Our mortgage is underwater, which means we owe more than the house is worth. 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. I didnt think you could raise a mortgage every month, even if Im late paying it. I have been trying to sell the house in a Short Sale. Then decided to say that I was not eligible for any form of modification. 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. *If you. Time for the halftime show! 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. 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? In March 2010, Fleming filed a Chapter 7 bankruptcy. I dont care if God strikes my home and burns it to the ground. Consumer Protection Laws: TILA, RESPA, TILA and RESPA combined, The ECOA REG. My state recognizes me as the homeowner but SPS keep telling me I have no interest in the house. Servicing of mortgage loans and administration of escrow accounts. 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.

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