They are a Threat to the General Public. I am a veteran I served six years in the military only to be homeless? 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? Plaintiff's lawsuit seeks a temporary injunction to stop the foreclosure sale of her property located at 8308 Bridgetown Drive, Austin, Texas 78753 ("Property"). I would also like to have my name added to this. 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 Judge overseeing this case is James Lawrence King. I get different answers from different representatives . Two classes have been defined for this action. 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. According to the Mortgage Bankers Associati. My loan was in default. They dragged their feet, sent notices that they didnt receive replies to correspondence which would arrive 2 days after we received the original request. They came right in and raise my mortgage, matter of fact have raise it up 3 times since Ive been under them. SPS always says that buyer amount is too low(3 -4 good firm cash offers). 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. drug injury lawsuits and product liability lawsuits. In August/September 2016 I called SPS before even being billed and was assured by Melinda(?) 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 received a letter from SPS who instructed us to send the mortgage payment to them. Tip#2 We have refinanced an equity loan which banks do not resell. and I never missed a payment. Jacksonville, Florida, United States. does anyone know a good one? The Judge overseeing this case is Micaela Alvarez. They tell you they can help with the programs they have. So they passed the HOT POTATOE .to Select Portfolio Services. U.S. RMBS Servicers Scrubbing Their Portfolios of Problem Loans. They make it so hard to gather information that it is hard to know what to do. that I was not being charged PMII proceeded to pay on time in advance of receiving bills and more than the minimum payment. I need help to gett a loan modification. SPS never took ownership of the house. For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. How is this company still in business? They have also upped my escrow account even though my insurance rates and taxes have not gone up. expected to be mailed out. SPS has also been heavy handed with me, offering me a modification. are staring down a proposed class action that alleges the companies engaged in abusive collection activities concerning a New York consumer's mortgage loan. Select Portfolio Servicing HARASSING YOU? 19-10204 (11th Cir. My sister and Insurance Agent stayed on the phone with the company over 4 hours and got no where . It is unbelievable and very stressful to deal with this company. Before my first payment to SPS was to be sent, they applied appx $8,000 in fees to the mortgage. If your going to help them, dont bother me! Just wondering WTF happened to my escrow account balance of $1500? I am so stressed out over this. Dentons > Los Angeles, United States > Firm Profile. This company for real needs investigated. 1692d, 1692e, 1692f, and the FCCPA, Fla. Stat. Our mortgage is underwater, which means we owe more than the house is worth. They are prime evil, liars and thieves!! Well they file to foreclose and I returned file bankruptcy. 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. There is so much fraud that no one can help me! You talk to all these different people who suppose to all work for the same company and half of them dont know what they are doing ! I call SPS and they tell me they will send me the paperwork and never do. I have had it. SPS is definitely not into home retention as their website states. Rose v. Select Portfolio Servicing, Inc., 945 F.3rd 226 (5th Cir. 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. It is a Federal Crime, and that happened Act quickly!! DWF > The Legal 500 Rankings Corporate and commercial > EU and competition Tier 1 DWF has noteworthy experience in advising private sector clients on matters spanning merger contr I have the same problem, if you join to any lawsuit let me know,Im interested. SPS bonus for liars, cheaters and thieves? I dont think thats fair and its illegal they even knock down the percent to 9% but how is that helping me Im in the same boat as you we need to get together or something we need people 2 somehow sue them and owne houses, I have my purchase of my house since 2006 im hold all points of fraud i found out there lic expired 2 yaers ago and they have a lic to only collect but there monthly charge went for 3000 to next month 6000 i have it without a letter why. The firm's many attorneys have a wide range of expertise in all areas of the law. NOT. I owe more on my house them when I purchased it. Im so fed up with SPS. 3. The U.S. Department of Treasury HAMP] was a potion of taxpayers money used to save Larger Banks, Insurance Companies and the automobile Industry In all cases, these Corporations had to pay back the money lent by the U.S. Treasury, EXCEPT the portion used under the Government Funded Program HAMP. Everything you State is FACT. Having trouble trying to save my home from these thieves!! 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 . In May, they reached a settlement, as part of which, the complaint says, Select agreed to stop demanding payment while she was in bankruptcy. For information on deleting the cookies, please consult your browsers help function. 2, Report #1408758. This company is horrible. 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. I didnt want that, sps counselor said turning over the house would save my credit. I wish the attorney handling this case look into my situation as well. This still hasnt stopped them. and wondering if stumbling and bumbling company will make it out as the original check Sps forced a forbearance on me. The second is all persons who received a notice of debt from Select Portfolio Servicing which stated the amount of the debt would increase because of late chargesthat vary from day to day. The class action requests statutory damages of up to $1,000 per violation. We showed proof of our loan and we were lucky our bank helped us through a refinance. We offer a submission form on our website for you to fill out if you are seeking class action legal help. This is so incredibly cruel, underhanded and frustrating . 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. The house was left to me in the will and I was his executor. I wish There was some way to get back at this company. They will not take our home! 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. Im interested in joining you on the lawsuit. Long story short, I am getting out of long nasty marriage, attempting to fix my credit after years of me trusting spouse on finances. Our account number if you go to the bank is still connected to Chase Bank. Then they denied to take anymore Partial payments. also brought charges of money laundering against H.S.B.C. 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 . Now they have raised my mortgage again saying to cover the negative escrow. 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. 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. I would love to stick to these jerks. 6. Check your chain of titles theyre probably all fraudulent making the chain of title void. My Nightmare began the day my mortgage was transferred to them for servicing after a CH 13 BK in which they didnt lose a dime! But in November of that year, Select again tried to collect the mortgage from her. Four months later i keep getting the run around. The company has many years of experience in providing legal representation to a variety of clients, including corporations . In June of 2018, Ms. Daniels sued Select Portfolio under the FDCPA, 15 U.S.C. 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. settlement administrator or your attorney for any updates regarding If there is a class action against them Id love the chance to run this company out. There may be more reports for "select portfolio servicing" For more results perform a general search for "select portfolio servicing" . With no notice. 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? Counsel at Wargo, French & Singer on Monday removed a lawsuit against Select Portfolio Servicing, Deutsche Bank and JPMorgan Chase to Georgia Northern District Court. The suit, for claims. Box 65450 Salt Lake City, UT 84165-0450 Please write Will not give us our ESCROW! The people lied to us saying they represent a bank and we are to call the bank about our mortgage. Now they are billing me for $3000 in attorney and drive-by fees. They are saying the balance is still 52,000. Nearly six years later, in 2016, Fleming filed a Chapter 13 bankruptcy, and then an amended Chapter 13 plan. 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. According to the lawsuit, the plaintiff's U.S. Bank mortgage debt was accelerated in 2009 and began being serviced by SPS in 2013. 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. 2. 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 . that reports on class action lawsuits, class action settlements, Did anyone mentioned here they had received the famous, Federally prohibited, runaround which it is, but not limited to: 1. Please contact me! 16-3540 Decided: May 30, 2017 Before: BOGGS, SILER, and MOORE, Circuit Judges. the mortgage is 760 and the taxes 1166. i have tried for year s to modify. I definitely believe they are fraudulant and they are illegally trying tot take my home. One of the most unethical companies Ive experienced. 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. SPS said they would not accept any more payments and charged off the loan. They are unlawfully holding the $75,000.00 likely collecting huge interest!Also, knowing my home burned, they force placed expensive homeowners insurance! Did SPS mailed you a letter or told you over the phone that they had not received the document(s) to complete your application? This outfit needs to be exposed! Please provide any additional information about your inquiry. There are over 9109 complaints on file for SELECT PORTFOLIO SERVICING, INC. This case was filed in U.S. District Courts, Florida Southern District Court. At some time after that, Fleming was unable to make monthly payments and defaulted on the loan. There are too many things that SPS has done illegally to me to count since taking over my loan in 2012. 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. i am broken hearted at thought of losing my home with my disabled child. I am fighting them with no attorney. Managed a team of 12 staff and was responsible for recruitment, training, performance, supervision and quarterly reviews. 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. This I believe was done to PREVENT ME FROM REFINANCING, instead I would be Forced to modify with SELECT PORTFOLIO SERVICING! They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. I am owed another escrow check 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. PS my email is chayote23@yahoo or hit my facebook. I know how hard it can be. 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 . On two 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. 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. My daughter passed away and left everything to me in her will. And no one has the same story! My home has been foreclosed upon because they did not want to work out any deals with deed in leu . 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. 2019 of plaintiff's counsel [letter dated August 23, 2019 of the Federal Deposit Insurance Corporation to plaintiff . People; Product; Insights; Search . I have had problems with my monthly mortgage since SPS has taken over the account. I signed up for the HARP program which gave we a 2% interest rate. So I am reporting of what I believe to be Unfair Lending Practices. 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! The Select Portfolio Servicing Unfair Debt Collection PracticesClass ActionLawsuit is Angel Rivera, et al. Did the terms of the Loan Modification you received was affordable and sustainable? They dont purchase loans. This is a higher than average score with the overall rating of Select Portfolio Servicing employees being 2.8 out of 5 stars. Wow. Top Class Ive been trying to modify and assume mortgage after a divorce. You must contact the DEMAND to see the wet ink note (the original). Since the fire I have been lied to by SPS reps regarding short pay offers. IL. 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. How do we sign up????? This case was filed in U.S. District Courts, Texas Southern District. 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. Are there other home owners withe the same issues..please contact me so we can fight back, We are going through the same thing with our home. Mary Kathryn O'Brien brought this lawsuit in Essex Superior Court against Select Portfolio Servicing, Inc. (SPS), and Deutsche Bank National Trust Company. I about lost it on them. 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 Inc ., a homeowner's conservator, Reese, sued a mortgage servicer, SPS, for HBOR and UCL violations after the mortgage servicer initiated foreclosure proceedings.. Hello I am in the same boat same story.. 15, 18.) May 24, 2022) The fact pattern sounds like something out of Gulliver's travels. Misleading homeowners In November 2003, Select Portfolio Servicing then known as Fairbanks Capital agreed to pay $40 million to settle with the FTC and the U.S. Department of Housing and Urban Development. I dont care if God strikes my home and burns it to the ground. I paid that am out plus have been current in my payments ever since. We cant refinance, cant amend the mortgage, etc. They refuse to work with you, they increase your notes higher to make sure you fail. Am facing foreclosure after numerous attempts to get a modification. I have been dealing with these people since the August 2016 Historical Flood! Entity featured on Fitch Ratings. Our mortgage is underwater, which means we owe more than the house is worth. If you answer is YES for anyone of the questions, sadly, you were duped, fooled and deceptively mislead. This month, I sent my payment by Certified Mail/Return receipt. 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. Tip #1 So make your payment via a bank wire and if they say they didnt receive it your federally backed bank lawyer will jump in for you and prove you did make that payment on time. I was promised if I move out and give them the keys, they will return give me $2500 moving expense. For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. NOT. finally after arguing many times they refunded my $500.00 and I made the payment but now since they jerked me around I am always 15 days late on my payment and they call non stop. We finally gave up and lost our home. Their lawyers are committed to providing the best legal . By submitting your comment and contact information, you agree to receive marketing emails from Top Class Actions regarding this and/or similar lawsuits or settlements, and/or to be contacted by an attorney or law firm to discuss the details of your potential case at no charge to you if you qualify. Ugh it is horrible. I have submitted countless of documents more than once. Statements are regularly sent to homeowners using the letterhead of a designated company who is claimed to be a servicer. My ex-husband and I have been held captive for years!!!! They wont stop running up more fees and this has been going on for 3 years!!!! On FB, there are groups of homeowners fighting for their homes (or to get the $ they deserve for being victims of fraudulent practices). I am ready for a lawsuit if there us one. OVERVIEW Plaintiff Jeanie Reese is the conservator for homeowner Leoma Musil. Pursuant to Misc. SELECT PORTFOLIO SERVICING, INC., Defendant-Appellee. I am in agreement with statements made here and I am also a victim of this company. SPS PORTFOLIO HAS TO GO!!! They paid 3 homeowners insurance Companies and charge for each in2021. The complaint thus claims that Select tried to collect on the loan while the bankruptcy discharge injunction and automatic stay were in effect. Unbelievable. This company has no intentions for home preservation for homeowners who are good paying customers, making their monthly payments. 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. 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. The F.T.C. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_4" ).setAttribute( "value", ( new Date() ).getTime() ); Please note: Top Class Actions is not a settlement They have actually done drive bys to make sure someone lives there. Lynn, Hello I am in the same boat same story.. They tell you they can help with the programs they have. 8. 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? When they took over from Accredited Home Lenders my payments went up $362 a month without any reason given to me. 3, Report #1346112. As reported by Topclassactions.com, the claim period for the Select Portfolio Servicing force-placed insurance coverage lawsuit is currently open. The check usually clears in 5-6 days. I send SPS a check on the 1st of the month every month. We learned early on to wire the payment from our bank so they wouldnt delay payment postings. All I can say is WOWHELP!!!!!!!!? 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 Dr.chayobriggs. Then they offered me a modification with a $20,000 balloon payment and $1064 a month. The F.B.I. 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. They stay in house. All I can say is WOWHELP!!!!!!!!? 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. The monthly re-payment plan is 4 xs times the amount of my regular monthly mortgage and is for 12 months. Actions does not process claims and we cannot advise you on the Did SPS mail a letter and SPS DID NOT CLEARLY LISTED which document were needed to complete your application for a Loan Modification? Somebody needs to shut this company down. Management And Organization They are violating 12 U.S. Code 2605. According to the complaint, Flemings discharge extinguished her personal liability on the Loan.. Select Portfolio Servicing - Extortionists Resolved Select Portfolio Servicing - Dishonest/deceptive practice Resolved Select Portfolio Servicing - Foreclosure Resolved Select Portfolio Servicing - Fraud Resolved Select Portfolio Servicing - Unauthorized billing Resolved Select Portfolio Servicing - mortgage The complaint argues that the FDCPA is broadly interpreted to protect debtors, because all consumers, even those who have mismanaged their financial affairs resulting in default on their debt, deserve the right to be treated in a reasonable and civil manner., The FDCPA lists several practices that are illegal, including using misleading or false statements to collect a debt, from the standpoint of the least sophisticated consumer.. I have been trying for YEARS to sell home. Praying I wont be homeless!!! They should not be in business and should hang by The Noose so what theyre doing to people and taking peoples homes. 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. ( I did get and settlement check from that lawsuit) 2. I know theres a lot of us out there that, sadly, have experienced the same thing. All they keep talking about it sell sell sell turn my house over to them. They steal homes. I had my house for sale and the sale fell through after 3months. I just found out that SPS has basically duped me out of $40k. My statements and all my account info at SELECT PORTFOLIO SERVICING, shows the original balance of $86,395.00!! Last months check hasnt cleared yet, so I suspect SPS is up to something. 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 . If you did, it is very LIKELY that you were duped! The court granted her a discharge in July. When I spoke to them they couldnt answer for the added ,$1405.00 reported to my credit report! v. Select Portfolio Servicing Inc., et al., Case No. I believe that SPS wishes to foreclose on the house, instead of allowing for the agreed to Short Sale. Select Portfolio Servicing is an associate firm of Perkins Coie, one of the largest legal consultancies in the United States. Order 6, Plaintiff is provided the Notice of Right to Consent to Proceed Before A U.S. Magistrate Judge. 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. We are in the same boat. Feb 13 2019 09:11 AM They say I owe over 250,000 on a home I purchases 15 yrs ago for 120,000. SPS Undermines the United States and diminishes our Judges and Courts. Dec 28 2016. I have been paying my mortgage for around 8 years and have paid only a fraction of what should have been paid. My name is James Ray Maree, I live at 3121 University Drive Lancaster South Carolina 29720 und Im not hard to find . This class action brings suit under the Fair Debt Collection Practices Act (FDCPA) in reference to a mortgage serviced by Select Portfolio Servicing, Inc. Now SPS is threatening to raise my interest rate to 3% and then 3.75% the next year. Hi, Plaintiff Jacqueline Fleming took out a mortgage to secure the purchase of a home in April 2005. Please add me. What else can I do. Lying to Judges Select Portfolio Servicing said a clause in their original loan provided a 20-year option. [*1] Mekawy v Select Portfolio Servicing, Inc. 2020 NY Slip Op 50287(U) Decided on February 26, 2020 Supreme Court, Queens County Weiss, J. 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. that has to be illegal. Attorneys will then review your submission to determine if you have a case. Mar. 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. Bank of America - closed mortgage center near Portland, OR, 102 layoffs. how could i pay off my mortgage and still owe 90k on my house?
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