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. I obtained a modification in 2011 due to divorce and in 7 years had 7 servers. Location Loris, SC. Ugh it is horrible. With no notice. My loan was transferred to SPS and it is current! 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). Attorneys will then review your submission to determine if you have a case. also brought charges of money laundering against H.S.B.C. 3:16-cv-03112, in the U.S. District Court for the District of New Jersey. At the maturation of the mortgage in 2036, I will essentially owe about 70% of refinanced amount under the HARP modification. Youre not alone either. SELECT PORTFOLIO SERVICING, INC. Case Summary On 08/08/2019 GARAY filed an Other - Arbitration lawsuit against SELECT PORTFOLIO SERVICING, INC. Select portfolio is scum! They tell you they can help with the programs they have. I have no mortgage, loans or bills. SPS would never give me dates/amounts/ownership of loan. Thank you. Amen! Now they raised my online payment fee from $5 to $15 because I will not let them take the money out of my checking account each month! Did SPS mail a letter and SPS DID NOT CLEARLY LISTED which document were needed to complete your application for a Loan Modification? The owner of select profolio is someone from India. 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 . Where do I begin? May 24, 2022) The fact pattern sounds like something out of Gulliver's travels. They will not take our home! There are over 9109 complaints on file for SELECT PORTFOLIO SERVICING, INC. Paid mortgage on time last 14 months, until spouse stopped paying support money in October, SELECT PORTFOLIO SERVICING said they will modify my loan, I advised them I might refinance to do some repairs..3 days later my credit took a 71 point Hit due to Then they offered me a modification with a $20,000 balloon payment and $1064 a month. 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. For them to do so is FRAUD and they can be sued for it!! I was promised if I move out and give them the keys, they will return give me $2500 moving expense. HOW DO I JOIN THIS LAW SUITE? 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. These banks with their pure greed, no government oversight (or no true oversight), corrupt Courts and lawyers are STEALING all our homes. 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..!!!!!! I have evidence that SPS had deceived hundreds of thousands of homeowners across the United States, and in the process, it may had also defrauded the U.S. Treasury Department by Misreporting and misusing, wasting TARP Funds. Before them. 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 keep getting letters from their lawyers saying they are going to foreclose on us. Your email address will not be published. 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 This website is not intended for viewing or usage by European Union citizens. Box 65250 Salt Lake City, UT 84165-0250 Account PaymentSelect Portfolio Servicing, Inc. Attn: Remittance Processing P.O. The first is all persons who received a notice of debt later than five days after first contact from Select Portfolio Servicing, within roughly the past year. Now they are billing me for $3000 in attorney and drive-by fees. We offer a submission form on our website for you to fill out if you are seeking class action legal help. Dec 28 2016. First, it is illegal to attempt to collect any amount (including any interest, fee, charge, or expense incidental to the principal obligation) unless such amount is expressly permitted by law.The complaint argues that the attempt to collect late charges that very from day to day is unlawful. What can I do? 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. They came right in and raise my mortgage, matter of fact have raise it up 3 times since Ive been under them. Our mortgage is underwater, which means we owe more than the house is worth. 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!! In the meantime I want to join the class action lawsuit against SzpS Portfolio because they screwed up my credit, I was denied reasonable accommodations that myself , family and friends needed but this company wouldnt recognize that they had illegally stolen my paid off mortgage . I am owed another escrow check 100% agree they are just stealing our properties with help of judges. The complaint alleges that the company tried to collect on a mortgage loan during the time, and after, the borrower was involved in bankruptcy proceedings. This class action brings suit under the Fair Debt Collection Practices Act (FDCPA) in reference to a mortgage serviced by Select Portfolio Servicing, Inc. I wish There was some way to get back at this company. 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 That Tip #2. These unlawful deceitful practices must stopId like to join in based on the principle!!! My house was up for sale, offer was was rescended so I had to continue paying the mortgage. Id. 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. $75,000.00 which, to this date has not been applied to the mortgage. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Top Class Actions is a Proud Member of the American Bar Association, Various Trademarks held by their respective owners. 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. 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 say my income is not enough .. Seek help!! Struggling with this payment. This outfit needs to be exposed! Did they ask you the same more than once? I was told to send in my divorce decree, which I did. SPS tried to make me pay the mortgage payments, even though the house was discharged in bankruptcy. The suit, for claims. I call SPS and they say it takes at least 30 business days to board the loan into their system and they will not provide payoff information before then, although my loan payment must be made to them without delays and they will only give me 15 calendar days to change my insurance to show SPS as the mortgagee. My original loan was for $75,000 now they want a $140,000 payoff SOMEONE HELP!!!!! The firm's many attorneys have a wide range of expertise in all areas of the law. The Judge overseeing this case is James Lawrence King. As for myself, they should be shot down once and for all, they are endangering our Country, they are threat to our Democracy and our Constitution, as they demoralize homeowners, families, our Courts and Judges. We learned early on to wire the payment from our bank so they wouldnt delay payment postings. I was livid. 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. My name is Lisa House I too am being used by SPS SERVICING. Now they said that all the paper work was submitted on time but they are not gonna do anything about it .. so i apply for default basically . I was given a fake rate reduction buy select profolio it lasted 8 months long after 8 month long select profolio took the rate reduction back and lie to me me and said i did not complete the paper work i ask then to send me what paper work was missing ,make a long story short every time they send me info about the paper work missing i resend it . the loan modification came with a ballon payment of 90k in 20 years. Bank of America - cut 50 jobs at Legacy Asset Servicing unit in Fort Worth, TX. Click Accept if you consent. They have taken off the original borrower and placed the account in the deceased borrowers name to prevent her from accessing her account. There may be more reports for "select portfolio servicing" For more results perform a general search for "select portfolio servicing" . The F.T.C. SPS is fully owned by Credit Suisse USA, a large investment Company. Oct 26 2017. 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. In some cases, I had met folks who had received letter from SPS not only using the word: Government but the name of a U.S. President in their letters, when soliciting a homeowner to accept HAMP. 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. It is unbelievable and very stressful to deal with this company. 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. We are trying to do a Modification and they keep saying they are not getting the right paperwork. so They passed the HOT POTATOE to U.S.Bank National Association . Plaintiff Jacqueline Fleming took out a mortgage to secure the purchase of a home in April 2005. Guess what? I am dealing with that now. The Select Portfolio Servicing unfair debt collection practices lawsuit alleges that those communications to the Riveras violated the FDCPA in at least two ways. Terms and Conditions. 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. Both agencies claimed the company was engaging in unfair, deceptive, and illegal practices in the servicing of subprime mortgage loans. My bank shows the check for this month is pending, so what did SPS do with my check from last month. 6. In January 2018 I lost my home to SPS. Step 1: Submit required documents. As of February 29, 2020, SLS serviced a portfolio of mortgage loans worth about $112.69 billion. Need help with predatory loan with this company. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 special servicing loans totaling around $4.8 billion. They stay in house. The Automatic Stay Class is similar, but it is for persons Select tried to collect from while they were actively in bankruptcy proceedings. Decide which cookies you want to allow. I have asked for assistance und3r federal law and each time they process, approve it, make me go through trial period and then say they did not get a final signature therefore it voids it. America mourns for Her people. Consumer Protection Laws: TILA, RESPA, TILA and RESPA combined, The ECOA REG. 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. According to the lawsuit, the plaintiff's U.S. Bank mortgage debt was accelerated in 2009 and began being serviced by SPS in 2013. Contents. 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 . They wont be able to produce it! We are in the same boat. A year later I have not received the replacement check for the one sent in. 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. 2019. If someone can give us some advice, I would greatly appreciate it. As an elderly homeowner,Bank of America threw me to the SPS wolves after I sued them and found a huge error in their accounting. This stops any other bank from redoing the loan. This case was filed in U.S. District Courts, Florida Southern District Court. This has to STOP! Im behind on my mortgage because they keep raising it. 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. SPS has also been heavy handed with me, offering me a modification. History [ edit] Select Portfolio Servicing was created as a Utah company in 1989. In June of 2018, Ms. Daniels sued Select Portfolio under the FDCPA, 15 U.S.C. Even after trying to find out since receivin the news it had been sold. 16-3540 Decided: May 30, 2017 Before: BOGGS, SILER, and MOORE, Circuit Judges. It has been a nightmare and there has been my forged signatures to documentsee trying to undercut the firm handing my case. Once there, you will be able to search a broad database of specialized attorneys in your area that you may consult. and wondering if stumbling and bumbling company will make it out as the original check We keep getting letters from their lawyers saying they are going to foreclose on us. After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. All over the country and getting away with it! SCOTUSblog Coverage Petitions of the week (Andrew Hamm, April 2, 2020) 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. The Select Portfolio Servicing Unfair Debt Collection PracticesClass ActionLawsuit is Angel Rivera, et al. Somebody needs to shut this company down. I have been dealing with these people since the August 2016 Historical Flood! Check your chain of titles theyre probably all fraudulent making the chain of title void. Dont even get me started about insurance and everyone saying something different and i recorded alot of it!! I told them I was going to get a lawyer if they did not refund my $500.00. after 2 previous probationary warning shots upon the third were stripped of their right to forclose.. 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! PS my email is chayote23@yahoo or hit my facebook. The check usually clears in 5-6 days. 12 CFR 225.28 List of permissible nonbanking activities. Targeted to increased both customer numbers and quantity of savings in the . So I am reporting of what I believe to be Unfair Lending Practices. My sister and Insurance Agent stayed on the phone with the company over 4 hours and got no where . Requesting for documents not related to the loss mitigation you applied for OR. This company needs to be investigated and shut down for unfair practices and using fake documents and fake entities to steal homes. My home has been foreclosed upon because they did not want to work out any deals with deed in leu . Statements are regularly sent to homeowners using the letterhead of a designated company who is claimed to be a servicer. No. They keep trying to steal my home. I didnt think you could raise a mortgage every month, even if Im late paying it. 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. They are violating 12 U.S. Code 2605. They paid 3 homeowners insurance Companies and charge for each in2021. All they keep talking about it sell sell sell turn my house over to them. This company will steal your home!! My ex-husband and I have been held captive for years!!!! My statements and all my account info at SELECT PORTFOLIO SERVICING, shows the original balance of $86,395.00!! You can then Follow the article above, and get notified immediately when we post updates! they said there investors about 20 of them will not extend a motg to 40 yrs. Im not the sharpest knife in the droor, but a blind man could smell these SCUM BAGS 2Big2fail ??? They are still charging me drive-by fees every month. DEMAND to see the wet ink note (the original). Hello I am in the same boat same story.. They have actually done drive bys to make sure someone lives there. What would other Government Agencies will do? does anyone know a good one? 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. NOTHING OR they will be FINED again, and the day after, they will continue to engage in the same pattern of prohibited practices. For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. Select Portfolio Servicing HARASSING YOU? They are the worst scum EVER! It was then I realized that a Chase had not removed PMI during a consolidation and was referred to SPS to correct. 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.. They are a Threat to the General Public. I told my daughter that they werent going to help us and they havent! One of the most unethical companies Ive experienced. The court granted her a discharge in July. They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. I have been required to carry insurance for sps and I have been wrongfully forclosed upon with all the typical bs.from sps. SPS has charged off as well but keeps charging me monthly charges and harasses me multiple times daily . 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. Since the fire I have been lied to by SPS reps regarding short pay offers. [Select] shall release its lien against the aforementioned property upon discharge.. We learned early on to wire the payment from our bank so they wouldnt delay payment postings. Sounds familiar! But Bank of America still provided the funds according to my lender place insurance and got my home fixed back up. Select Portfolio Servicing Lawsuit. They should not be in business and should hang by The Noose so what theyre doing to people and taking peoples homes. Our mortgage is underwater, which means we owe more than the house is worth. Published by New York State Law Reporting Bureau pursuant to Judiciary Law 431. . 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. You must contact the 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 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 .

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