In September 2016, it was confirmed by the court. 6. Even if your mortgage gets flipped to another mortgage company, the new mortgagor has nor right to change your terms or conditions agreed upon in the original mortgage note you signed. I believe that SPS wishes to foreclose on the house, instead of allowing for the agreed to Short Sale. If they feel you qualify, they will contact you directly. https://topclassactions.com/wp-admin/admin-ajax.php. 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. I had my house for sale and the sale fell through after 3months. Some choice, huh? 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 . We went through the same. SPS has been blocking every attempt for the short sale to go through. My state recognizes me as the homeowner but SPS keep telling me I have no interest in the house. In 2017, 2018, 2019, and 2020, Defendant charged Plaintiffs EZ Pay fees ranging from $5 to $15 "each time [they] paid [their] mortgage[s] by direct debit from [their] bank account[s]." (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. I have had it. 362 (c) (3) (A) terminates the automatic bankruptcy stay as to property of the bankruptcy estate. It was then I realized that a Chase had not removed PMI during a consolidation and was referred to SPS to correct. The company is now asking for 2 Proofs of Occupancy. 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? 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? But I cant find any lawyer or program to help me. Dec 28 2016. 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 . 16-3540 Decided: May 30, 2017 Before: BOGGS, SILER, and MOORE, Circuit Judges. Theyve planned this so they could ultimately foreclose. This I believe was done to PREVENT ME FROM REFINANCING, instead I would be Forced to modify with SELECT PORTFOLIO SERVICING! 2, Report #1408758. 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..!!!!!! Looking at other comments I dont think they have helped any one. From refusing to give me copies of my loan and paperwork stating they own my loan to reporting to the credit bureaus that i had modified with them when i was trying to get refinanced because they were playing stupid games with their modifications putting my payments on hold and charging me interest and fees that they couldnt explain while holding my payments unapplied. I am so stressed out over this. How do you sue or bring charges to the forger . All Rights Reserved. If you answer is YES for anyone of the questions, sadly, you were duped, fooled and deceptively mislead. The Settlement simply allowed the Investment Company not to fall into the DOJs black List, like BOA and Wells Fargo did. 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 . 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. 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. Select portfolio servicing has from day one used deceptive tactics , fake assignments and denial to access our account to be forced into foreclosure. When trying to speak with someone on the phone, nothing but the runaround and incompetence. Submitted paperwork many times with this form is missing etc now the home has been sold and the first mortgage sent me a 1099 but charged off . Did you receive a Loan Modification Agreement for you to sign, that you did not apply for, which stays that you are modifying the LIEN, when you have no idea what that was? 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. Select Portfolio Servicing Inc. One Sept 22nd I spoke with a customer service rep about assistance due to Hurricane Irma. At the maturation of the mortgage in 2036, I will essentially owe about 70% of refinanced amount under the HARP modification. They refuse to work with you, they increase your notes higher to make sure you fail. Select Portfolio Servicing is a loan servicing company based in Salt Lake City, Utah, with an additional office in Jacksonville, Florida. Did anyone look into the 1098 FORMS SPS had mailed out to you for the years of 2017, 2018 and 2019? 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. If you did, it is very LIKELY that you were duped! They started with me as my husband was fighting cancer and I spiraled into a deep depression after he was gone. Select Portfolio Servicing Class Action Targets Debt Collection, Select Portfolio Servicing settled a separate class action lawsuit, https://topclassactions.com/start-a-class-action/, http://www.consumeradvocates.org/find-an-attorney, Social Security Disability application & appeal claim review, Abbott baby formula recall lawsuit investigation, Essential: Remember your cookie permission setting, Essential: Gather information you input into a contact forms, newsletter and other forms across all pages, Essential: Keep track of what you input in a shopping cart, Essential: Authenticate that you are logged into your user account, Essential: Remember language version you selected, Functionality: Remember social media settings, Functionality: Remember selected region and country, Analytics: Keep track of your visited pages and interaction taken, Analytics: Keep track about your location and region based on your IP number, Analytics: Keep track of the time spent on each page, Analytics: Increase the data quality of the statistics functions, Advertising: Tailor information and advertising to your interests based on e.g. In court for 10 years b/c Chase is owner of loanor is it Bank if America? I wish to contact this lawyer as well I have SPS and theyre Crooks . 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.. Like so many others, they misled me telling me I would qualify then repeatedly denied me based on missing documents, etc. Box 65250 Salt Lake City, UT 84165-0250 Account PaymentSelect Portfolio Servicing, Inc. Attn: Remittance Processing P.O. Our payments went up 800 a month by the time we lost the house. How do I sign up I do not see anything here They are by far the worst company I have ever had to deal with. You can change these settings at any time. Bank of America - cut 50 jobs at Legacy Asset Servicing unit in Fort Worth, TX. The person represented SPS and the person was driving a car with license plates registered to a truck. Decide which cookies you want to allow. As of February 29, 2020, SLS serviced a portfolio of mortgage loans worth about $112.69 billion. . Same situation home sold by HFC and Select Portfolio Servicing had been send mee all type of late charges and false documents. Ballooned our loan from $598 to $1250. This company needs to be investigated and shut down for unfair practices and using fake documents and fake entities to steal homes. Please add me to any lawsuit against SPS. Three times already spanning three years. Feb 13 2019 09:11 AM In September I sent them When you have lost your home, acted in good faith, and lost your sanity, it is when they are fined and you may receive a $100.00 for the GREAT Class Action. Plaintiff's lawsuit seeks a temporary injunction to stop the foreclosure sale of her property located at 8308 Bridgetown Drive, Austin, Texas 78753 ("Property"). 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 . 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. Hello I am in the same boat same story.. i have and im going through to take charge of my house . I have had a letter from 4 different law firms companies that has taken over this account and trying to foreclose on my home August 77th 2018. NOT. Please go on SM and find a group that will help you! DEMAND to see the wet ink note (the original). Select Portfolio Servicing As an Attorney Advertising Service Select Portfolio Servicing is one of the leading providers of portfolio servicing. I am very disappointed. I would like to know if select portfolio has a class action lawsuit against them for predator loan. It is unbelievable and very stressful to deal with this company. I signed up for the HARP program which gave we a 2% interest rate. According to the Mortgage Bankers Associati. 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.. 5. She alleged that the erroneous monthly mortgage statements were harassing, false, and mislead-ing, and that by sending them Select Portfolio engaged in unfair 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. And at some point after that, Select acquired servicing rights to the mortgage loan. PLEASE HELP! We have filed modification loanpaper refiancing papers and deed of liue and now our short sale was denied. I sent it to SPS and they told me that they never received the money. They changed my land records so there is no real chain of title. There is so much fraud that no one can help me! 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. A link to creating an account may be found here: https://topclassactions.com/signup/. I need to find out about the class action lawsuit if possible. W.T.F. Sps forced a forbearance on me. They have taken off the original borrower and placed the account in the deceased borrowers name to prevent her from accessing her account. I sustained damage to my home and needed to make repairs without filing an insurance claim due to high deductible. They are ONLY a Servicing company SPS is a credit intermediary not permitted in the United states; They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. They wont be able to produce it! I have also contacted my congressman and filed a complaint with them and they got in touch with them and tried to talk on my behalf. and wondering if stumbling and bumbling company will make it out as the original check SPS tried to make me pay the mortgage payments, even though the house was discharged in bankruptcy. 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 inquired how The Riveras seek to represent two separate Classes. 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. So I am reporting of what I believe to be Unfair Lending Practices. The complaint quotes the plan as saying, The value of [Selects] second mortgage claim on Debtors property is valued at zero. Look for an attorney and sue themthey are ALL corrupt!! HOW DO I JOIN THIS LAW SUITE? Then they offered me a modification with a $20,000 balloon payment and $1064 a month. Now SPS is threatening to raise my interest rate to 3% and then 3.75% the next year. With no notice. Select Portfolio Servicing is an associate firm of Perkins Coie, one of the largest legal consultancies in the United States. 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!! It has been nothing but a nightmare, since they took over mt mortgage a few years ago. 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 company did not respond to messages seeking comment. Jul 2010 - Jan 20154 years 7 months. NOT. It has been a nightmare and there has been my forged signatures to documentsee trying to undercut the firm handing my case. 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.. Claim forms are usually not made available to consumers until after a court approved settlement is reached. Then after that was submitted and then denied. Everything you State is FACT. 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. They stay in house. Had them on Two Strikes when upon the third they were Striped of their right to FORCLOSE . The bankruptcy was not completed until December 2019. Our mortgage is underwater, which means we owe more than the house is worth. The Riveras filed for bankruptcy that same year, and ultimately discharged their debt, including their mortgage, in October of 2009.