They only are a servicer for your loan. It is unbelievable and very stressful to deal with this company. Published by New York State Law Reporting Bureau pursuant to Judiciary Law 431. . Once they saw we were trying to refinance our loan they changed our stays at the Tax Office to say we already had it as an Equity Loan. My name is James Ray Maree, I live at 3121 University Drive Lancaster South Carolina 29720 und Im not hard to find . Then they denied to take anymore Partial payments. I called the lender yesterday to get a payoff quote for refinancing and they tell me I have to get it from this SPS outfit. I am owed another escrow check Twice since my lawyer has had to return to the trustee in my behalf over arguments of the total owed and my monthly payments. These banks with their pure greed, no government oversight (or no true oversight), corrupt Courts and lawyers are STEALING all our homes. They wont stop running up more fees and this has been going on for 3 years!!!! I need a lawyer to work for me against SPS and their unethical practices! CHRISTINE FORGUES v. SELECT PORTFOLIO SERVICING INC | FindLaw Someone PLEASE CONTACT ME. And of course each time they (the banks) are getting paid via their own insurance. Our mortgage is underwater, which means we owe more than the house is worth. The person represented SPS and the person was driving a car with license plates registered to a truck. Now all these years later I owe them $176 and change thousand dollars. 362 (c) (3) (A) terminates the automatic bankruptcy stay as to property of the bankruptcy estate. SPS always says that buyer amount is too low(3 -4 good firm cash offers). Dentons > Los Angeles > United States | The Legal 500 law firm profiles You may not receive a monthly statement? 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. They wont be able to produce it! 4, 2019). We learned early on to wire the payment from our bank so they wouldnt delay payment postings. With no notice. Please add me to this lawsuit as well. Click Change Settings if you want to tailor the use of your cookies. This company is fraudulent and harassing. I called back to make the rest and they told me i owed the whole payment that the $500 i paid went to my principal and they do not accept partial payments. 3. Bank of America - cut roughly 100 mortgage jobs in Charlotte. Aug 2012 - 20142 years. Did anyone look into the 1098 FORMS SPS had mailed out to you for the years of 2017, 2018 and 2019? They tell you they can help with the programs they have. The case status is Disposed - Other Disposed. They changed my land records so there is no real chain of title. i live in long island and i can t get my loan modified becasue the taxes out weight the morgtgage. . The balance indicates we owe more now than when we purchased the property 24 years ago. 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..!!!!!! Our mortgage is underwater, which means we owe more than the house is worth. Top Class There are too many things that SPS has done illegally to me to count since taking over my loan in 2012. Looking at other comments I dont think they have helped any one. We learned early on to wire the payment from our bank so they wouldnt delay payment postings. Their lawyers are committed to providing the best legal . Select Portfolio Servicing Loan Servicing Representative Reviews Amen! https://topclassactions.com/wp-admin/admin-ajax.php. It is unbelievable and very stressful to deal with this company. 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 The plan did not provide for any payments to Select, and Select did not object to the plan, the complaint says. they say they gelp you with a loan modification. 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 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. They have also upped my escrow account even though my insurance rates and taxes have not gone up. they dont want to help. 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? Terms and Conditions. Recently we were on a payment plan for our taxes 1/2 Miv and 1/2 June. 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 . They just did it. 2019 of plaintiff's counsel [letter dated August 23, 2019 of the Federal Deposit Insurance Corporation to plaintiff . I believe that SPS wishes to foreclose on the house, instead of allowing for the agreed to Short Sale. 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.. Guess what? 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. I call SPS and they tell me they will send me the paperwork and never do. Hello there my name is Raymond and I did get a loan modification from SP servicing,I ask for a interest rate reduction they did not give me that, they gave me a 40 years term I had a 30 year term now its 40 years,they only lower my payment no more than $60 a month, they did this in about 30 days. This company is horrible. Consequently, [Selects] 2nd mortgage lien shall be stripped from this property upon discharge and will not [be] paid as an unsecured during the plan as this debt was previously discharged. Who do I comtact about hidden fees which seem to be made up and 35.00 per month only going towards my mortgage wth, Hello I am in the same boat same story.. Then said loan is getting purchased for pennies on the dollar. 6. 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. Yeap you all are correct they are crooks! 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. Salt Lake City Utah No refince with them or documents signed. ialso pays to do a ferinzic audit .i did now i can sue them all. 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. Before this lawsuit came out I told my momma something wasnt right about this company. 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.. My SPS mobile app is a fast, secure way to manage your mortgage account 24/7. ( outside the United States). I received an escrow check from SPS inc made out to my ex-wife and myself. !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! The complaint alleges that Select Portfolio Servicing uses false, deceptive, misleading, unfair, and unconscionable practices in connection with their attempt to collect an alleged debt from Plaintiffs and others.. I tried continuously to modify my loan after falling behind. Whom do I contact for more information regarding a lawsuit against SPS? Now they are billing me for $3000 in attorney and drive-by fees. In January 2018 I lost my home to SPS. This field is for validation purposes and should be left unchanged. Mary Kathryn O'Brien brought this lawsuit in Essex Superior Court against Select Portfolio Servicing, Inc. (SPS), and Deutsche Bank National Trust Company. Two classes have been defined for this action. Author: New Castle, Delaware. even more owed! SPS never took ownership of the house. 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. Since the purchase of my loan in 2013 it has been a complete nightmare. Select Portfolio Servicing Lawsuits - Legal Axe Praying I wont be homeless!!! expected to be mailed out. DEMAND to see the wet ink note (the original). How do you sue or bring charges to the forger . 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. The people lied to us saying they represent a bank and we are to call the bank about our mortgage. Somebody needs to shut this company down. These actions are in violation of RESPA, TILA, however, sometimes, they may also trigger other consumer laws, like [UDAAP, the ECOA REG.B and the FDCPA], among other consumer protection Laws Governed by Mortgage Servicing Rules. I bought my house in 2004 for $225,000 I put $150,000 down and took out an $80,000 mortgage. Did anyone mentioned here they had received the famous, Federally prohibited, runaround which it is, but not limited to: 1. Salt Lake City, Utah. I could go on for days. 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. 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. Select Portfolio Servicing HARASSING YOU? after 2 previous probationary warning shots upon the third were stripped of their right to forclose.. I asked for bills or invoices for the attorney and drive-by fees, but they refuse to send me anything. Our payments went up 800 a month by the time we lost the house. So please count me in!!! settlement administrator or your attorney for any updates regarding This is so incredibly cruel, underhanded and frustrating . I definitely believe they are fraudulant and they are illegally trying tot take my home. Meanwhile SPS has placed my account in default & threaten me constantly via phone & letters! I never expected that in America, a thief would get the key and tap into their shoulders for the financial crime they committed. Id. Am facing foreclosure after numerous attempts to get a modification. That was discharged in a Chapter 7 or Chapter 13 bankruptcy proceeding. 5. Select Portfolio Servicing, a company based in Utah that handles their mortgage payments, said a clause in their original loan provided a 20-year option, so they owe an additional $16,000.
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