I about lost it on them. The check usually clears in 5-6 days. They sent people to my home to give us a letter to validate we live here. Were almost there to shut them down and make them pay back all of us!!! Long story short, I am getting out of long nasty marriage, attempting to fix my credit after years of me trusting spouse on finances. Seek help!! I signed up for the HARP program which gave we a 2% interest rate. 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! 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 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. 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! November 22, 2019: Filing 3 CERTIFICATE OF INTERESTED PERSONS/DISCLOSURE STATEMENT by Select Portfolio Servicing, Inc.. (Hord, Michael) November 22, 2019: Filing 2 NEW CASE NOTES: A filing fee has been paid. 7. I would also like to have my name added to this. Did anyone look into the 1098 FORMS SPS had mailed out to you for the years of 2017, 2018 and 2019? As reported by Topclassactions.com, the claim period for the Select Portfolio Servicing force-placed insurance coverage lawsuit is currently open. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 special servicing loans totaling around $4.8 billion. 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. anyting less then shutting them down and canceling all debts held by them will be a loss. The firm's many attorneys have a wide range of expertise in all areas of the law. Youre not alone either. Entity featured on Fitch Ratings. Im behind on my mortgage because they keep raising it. 1. stating because of lender place insurance. The balance indicates we owe more now than when we purchased the property 24 years ago. We learned early on to wire the payment from our bank so they wouldnt delay payment postings. your claim status, claim form or questions about when payments are The house was left to me in the will and I was his executor. W.T.F. 6. U.S. RMBS Servicers Scrubbing Their Portfolios of Problem Loans. 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. All Rights Reserved. There are over 9109 complaints on file for SELECT PORTFOLIO SERVICING, INC. I would like to know if select portfolio has a class action lawsuit against them for predator loan. This company will steal your home!! We keep getting letters from their lawyers saying they are going to foreclose on us. I inquired how Ugh it is horrible. SPS sends me many letters each week telling me I am in default of the loan even though I pay on the 1st of every month, but not the amount that they say I am to pay. This still hasnt stopped them. 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! It has been nothing but a nightmare, since they took over mt mortgage a few years ago. 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. 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. NOTHING OR they will be FINED again, and the day after, they will continue to engage in the same pattern of prohibited practices. 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. 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. Hello I am in the same boat same story.. In March 2010, Fleming filed a Chapter 7 bankruptcy. !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! 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. Thats what they want! Where do I begin? The complaint quotes the plan as saying, The value of [Selects] second mortgage claim on Debtors property is valued at zero. Select Portfolio Servicing Is this your company? 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. spservicing.com/Select Portfolio Servicing, Inc. P.O. 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. Credit Suisse USA and SPS: The U.S. Rose v. Select Portfolio Servicing, Inc., 945 F.3rd 226 (5th Cir. Unbelievable. SELECT PORTFOLIO SERVICING, INC. Case Summary On 08/08/2019 GARAY filed an Other - Arbitration lawsuit against SELECT PORTFOLIO SERVICING, INC. Am facing foreclosure after numerous attempts to get a modification. I am very disappointed. 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). Again CROOKS! The complaint thus claims that Select tried to collect on the loan while the bankruptcy discharge injunction and automatic stay were in effect. How is this company still in business? They are still charging me drive-by fees every month. If anyone can help, please contact me at [email protected]. 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 . Salt Lake City, Utah. I am in agreement with statements made here and I am also a victim of this company. I continue to make payments. The Select Portfolio Servicing unfair debt collection practices lawsuit alleges that those communications to the Riveras violated the FDCPA in at least two ways. Once there, you will be able to search a broad database of specialized attorneys in your area that you may consult. Defendant (s) Select Portfolio Servicing Law (s) Real Estate Settlement Procedures Act State (s) New to ClassAction.org? receive is excuses why I dont have the replacement check. Targeted to increased both customer numbers and quantity of savings in the . We just refinanced our loan to get out of their deceptive actions. i tried talking to a representative which was no help. Then they denied to take anymore Partial payments. Both agencies claimed the company was engaging in unfair, deceptive, and illegal practices in the servicing of subprime mortgage loans. 2, Report #1408758. I would also like to add my name to any class action lawsuit against SPS. I am a veteran I served six years in the military only to be homeless? 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. 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? I call SPS and they tell me they will send me the paperwork and never do. Servicing of mortgage loans and administration of escrow accounts. Before them. However, this can result in some functions no longer being available. The Riveras state that they defaulted on a mortgage with Bank of America in January of 2009. Please go on SM and find a group that will help you! If it is NOT.. Please add me. Now I have a house no mortgage cannot sell and a chargeoff that accrues interest. Same situation home sold by HFC and Select Portfolio Servicing had been send mee all type of late charges and false documents. Looking at other comments I dont think they have helped any one. SPS has also been heavy handed with me, offering me a modification. America mourns for Her people. creating another long drawn out process. 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! This company has no intentions for home preservation for homeowners who are good paying customers, making their monthly payments. 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. With no notice. they dont want to help. Managed a team of 12 staff and was responsible for recruitment, training, performance, supervision and quarterly reviews. Mar. 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. 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. 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. SPS Undermines the United States and diminishes our Judges and Courts. 8. When trying to speak with someone on the phone, nothing but the runaround and incompetence. SPS can controls the insurance, they pick the policy, price and force me to buy from only their vendor?
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