I understand every one of these posts this company is terrible.So sad. Due to their overall incompetence and in particular, their incredible ability to lose documents, we lost our home and so much more. Again CROOKS! They are predators of the elderly and have no true documents to foreclosure. 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. Ive been trying to modify and assume mortgage after a divorce. Select Portfolio Servicing: to Implement Prudent and Fair Servicing Select Portfolio Servicing, U.S. Bank Sued Over Allegedly Abusive My SPS - Apps on Google Play Where do I begin? This company is a bully, misleading, and screw a lot of customers over by taking their home. 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. 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. The person represented SPS and the person was driving a car with license plates registered to a truck. The Riveras filed for bankruptcy that same year, and ultimately discharged their debt, including their mortgage, in October of 2009. I have submitted countless of documents more than once. 2019. I dont even want to get paid just get them off my account and put my mortgage back to the reasonable price I was paying at first. administrator or law firm. Select Portfolio Servicing has an average consumer rating of 2 stars from 44 reviews. Select portfolio servicing has from day one used deceptive tactics , fake assignments and denial to access our account to be forced into foreclosure. Since the fire I have been lied to by SPS reps regarding short pay offers. Click Accept if you consent. Does anyone know if there is a pending law suit against SPS. SPS Undermines the United States and diminishes our Judges and Courts. ( I did get and settlement check from that lawsuit) 2. 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. Pay extra for the privilege of deciding how much to pay them or let them empty my bank account every month since its free. Is there is anyone reading this that can add my name to the class-action I would be happy to talk with them thank you Jim, Select Portfolio Servicing should be thrown out of business, Add my name to the Class Action Lawsuit. We CANT let them! SPS always says that buyer amount is too low(3 -4 good firm cash offers). This is a higher than average score with the overall rating of Select Portfolio Servicing employees being 2.8 out of 5 stars. even more owed! Ugh it is horrible. 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. Whether is a Federal or State Court, SPS had engaged in countless violations: 1. I have a LAUNDRY list of ILLEGAL activities that SPS has done to me. Bank of America - cut 70 mortgage jobs in Simi Valley, CA. Select portfolio is scum! My ex-husband and I have been held captive for years!!!! If someone can give us some advice, I would greatly appreciate it. 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. Ortega et al v. Select Portfolio Servicing, Inc. - UniCourt My bank shows the check for this month is pending, so what did SPS do with my check from last month. Then they offered me a modification with a $20,000 balloon payment and $1064 a month. My mortgage was owned by Flagstar Bank, who sold the loan to a company called ABS REO Trust III, a Delaware company. PS my email is chayote23@yahoo or hit my facebook. 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.. Worked with . Lying to Judges 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 document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); @2023 Top Class Actions. If it does look familiar, sadly you are not alone. after 2 previous probationary warning shots upon the third were stripped of their right to forclose.. 11:06 AM. According to the complaint, Flemings discharge extinguished her personal liability on the Loan.. 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). They should not be in business and should hang by The Noose so what theyre doing to people and taking peoples homes. Anyone interested in joining us on the lawsuit contact me at j_perezm@live.com. 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. Select Portfolio Servicing, Inc. This case was filed in U.S. District Courts, Florida Southern District Court. 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. Then decided to say that I was not eligible for any form of modification. This is one of the most unprofessional companies that I have ever come across. My home burned 3-16-16. select_portfolio_svcg_fdcpa_complaint.pdf, Attempt to Collect Debt Discharged in Bankruptcy. They only send a power of attorney for SPS to handle the payments of the loan. the loan modification came with a ballon payment of 90k in 20 years. All they keep talking about it sell sell sell turn my house over to them. O'Brien v. Select Portfolio Servicing, Inc. - Casetext 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. Their lawyers are committed to providing the best legal . Make payments, set up and make changes to monthly auto draft, view statements, and review escrow information. I have been dealing with these people since the August 2016 Historical Flood! I decided to go back to school to study law because of the stress they have put me through. 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. i have and im going through to take charge of my house . ALSO I HAVE A HUGE DOG IN THIS FIGHT WITH THE US DEPARTMEMT OF JUSTICE THROWING THEIR UNPOLITICAL DOG IN WITH MINE. They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. Plaintiffs Angel Rivera and Angela Rivera claim that Select Portfolio Servicing violated the FDCPAwhileattempting to collect a debt from them that they did not owe. and I never missed a payment. I know how hard it can be. This company for real needs investigated. All the issues you brought up are valid issues and an attorney can tell you how to protect your home. SELECT PORTFOLIO SERVICING, INC. Case Summary On 08/08/2019 GARAY filed an Other - Arbitration lawsuit against SELECT PORTFOLIO SERVICING, INC. Rushmore Loan Management Lawsuit - Law Cost As of today (9/15/2018) the Deed of the house is still in my name. Im trying to do a short sale and their stupid bank says the house was worth one thing and I was supposed to get relocation help which they say Im not going to get because if they gave it to me the bank will get less than what they want for the house No one told me anything asking me to send papers and did all instructed so now they are mad because they are stupid ! 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. i am broken hearted at thought of losing my home with my disabled child. select portfolio servicing lawsuit 2021 But I cant find any lawyer or program to help me. They have no feelings, they mess up your credit so you cant get a loan no where else. The F.B.I. Select Portfolio Servicing, Inc. Credit Ratings :: Fitch Ratings the sad thing is nothing will come of anyones complaints or lawsuits. There essentially bleeding the equity out of my home and i am nervous that my only home where i live with my 3 small children will go into foreclosure. 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. 16-3540 Decided: May 30, 2017 Before: BOGGS, SILER, and MOORE, Circuit Judges. For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. If anyone can help, please contact me at lynn_sousa@yahoo.com. When they took over from Accredited Home Lenders my payments went up $362 a month without any reason given to me. they said there investors about 20 of them will not extend a motg to 40 yrs. Actions does not process claims and we cannot advise you on the Once there, you will be able to search a broad database of specialized attorneys in your area that you may consult. I farther got a 62,000 dollar loan from a company in 1999 my father passed away in 2014 and was never late paying his mortgage. After fighting with them for 4 months and only paying them my original payments they told me that they Never received my escrow account from AHL. The Settlement simply allowed the Investment Company not to fall into the DOJs black List, like BOA and Wells Fargo did. I finaly had to do a modifacation but my payment is not going to anything but interest, Add me also been dealing with them and their bs for years, Yes SPS gave me a run around for all 5 months. People do not modify with this company they will make it worse!!! They dont purchase loans. SPS has also been heavy handed with me, offering me a modification. i live in long island and i can t get my loan modified becasue the taxes out weight the morgtgage. Loza v. Select Portfolio Servicing, Inc. (7:17-cv-00430) - CourtListener 3. They are prime evil, liars and thieves!! Select Portfolio Servicing Facing Lawsuit Over Alleged - Class Action Select Portfolio Servicing Inc ("SPS") Litigation I signed up for the HARP program which gave we a 2% interest rate. to get the check sent in my name only. We received a letter from SPS who instructed us to send the mortgage payment to them. Some choice, huh? Was the youngest Manager of four and achieved rapid promotion through the ranks in three years. Now I have a house no mortgage cannot sell and a chargeoff that accrues interest. This company has no intentions for home preservation for homeowners who are good paying customers, making their monthly payments. NOT. 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? I get different answers from different representatives . Step 1: Submit required documents. I wish the attorney handling this case look into my situation as well. 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. In September I sent them Credit Ratings, Research and Analysis for the global capital markets. 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!! Less than a month ago, Select Portfolio Servicing settled a separate class action lawsuit about its force-placed insurance practices. I am dealing with that now. I dont care if God strikes my home and burns it to the ground. Years ago, they got us Homeowners Insurance which was Over$2,200 for the year, which I just recently found out after the Insurance Company dropped us, saying they were informed we did not live here. v. Select Portfolio Servicing Inc., et al., Case No. PLEASE HELP! Select Portfolio Servicing Loan Servicing Representative Reviews 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. There is so much fraud that no one can help me! Count me in the class acton as well. According to the Mortgage Bankers Associati. Credit Suisse USA and SPS: The U.S. Order 6, Plaintiff is provided the Notice of Right to Consent to Proceed Before A U.S. Magistrate Judge. I filled bankruptcy in 2010 (placed my house in the bankruptcy) was discharged in 2011. They are doing the same thing to my mom and dad in Gilbert SC. Amen! But according . 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. 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. We are paying interest only on like 50k at a 9% and after 30 yrs we owe them 153k wth!! They also call me 3-4 times a week, at all hours. If someone can give us some advice, I would greatly appreciate it. The increase of a discharged mortgage debt, the increase of fees, interest charges and perhaps other acts or practices may be: A Violation of your BK Stay Other BK Protections you and I, as debtors are entitled by Federal Law. Now all these years later I owe them $176 and change thousand dollars. The Investment company receives $1.00 to $1.5 for each $1.00 forgiven as a CREDIT towards the $5.8 Billion Dollars Settlement. They started with me as my husband was fighting cancer and I spiraled into a deep depression after he was gone. Dec 28 2016. settlement administrator or your attorney for any updates regarding Select Portfolio Servicing, Inc. (SPS) and U.S. Bank, N.A. With no notice. Later my mortgage was transferred to SPS and I have had hell every since. The F.T.C. They are saying the balance is still 52,000. 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. I wish There was some way to get back at this company. I had my house for sale and the sale fell through after 3months. SCOTUSblog Coverage Petitions of the week (Andrew Hamm, April 2, 2020) 5. [Extreme, dont you think?]. They changed my land records so there is no real chain of title. Last months check hasnt cleared yet, so I suspect SPS is up to something. 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. My house was up for sale, offer was was rescended so I had to continue paying the mortgage. 19-10204 (11th Cir. [*1] Mekawy v Select Portfolio Servicing, Inc. 2020 NY Slip Op 50287(U) Decided on February 26, 2020 Supreme Court, Queens County Weiss, J. Select Portfolio Servicing Bankruptcy Debt Collection Class Action I know 5 other people that would gladly join this lawsuit against those CROOKS. Three times already spanning three years. 100% agree they are just stealing our properties with help of judges. Sounds familiar! 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! Aug 2012 - 20142 years. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 "special servicing" loans totaling around $4.8 billion. 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. You can then Follow the article above, and get notified immediately when we post updates! My name is Lisa House I too am being used by SPS SERVICING. Oct 26 2017. No one will help including attorney general, CFBP nor any federal agency. I just found out that SPS has basically duped me out of $40k. Need help with predatory loan with this company. The balance indicates we owe more now than when we purchased the property 24 years ago. Your email address will not be published. It has been one thing after another with SPS. They said they would modify the agreement but only sent forms and saying they were sent and they were. Jacksonville, Florida, United States. For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. I need help to make this mess go away! I have been experiencing difficulties as well. No refince with them or documents signed. expected to be mailed out. Please contact me! If it is NOT.. How is this company still in business? I told them I was going to get a lawyer if they did not refund my $500.00. Having trouble trying to save my home from these thieves!! Select Portfolio Servicing - Wikipedia 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? Worst company to deal with and will not work with you at all. The Select Portfolio Servicing unfair debt collection practices lawsuit alleges that those communications to the Riveras violated the FDCPA in at least two ways. We keep getting letters from their lawyers saying they are going to foreclose on us. I have had it. W.T.F. The people lied to us saying they represent a bank and we are to call the bank about our mortgage. Yet loan sold again but no proof of ownership! 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 Ct. Travis County, Tex. In May, they reached a settlement, as part of which, the complaint says, Select agreed to stop demanding payment while she was in bankruptcy. Four months later i keep getting the run around. Mills v. Select Portfolio Servicing, Inc. - Casetext