select portfolio servicing lawsuit 2022

I live in California. According to the 10-page lawsuit, the loan servicing company has failed to comply with two New York laws that require mortgagees to present to the proper county clerk a satisfaction of mortgage within 30 days of when a mortgagor has paid the entire principal and interest on their loan. If you did, it is very LIKELY that you were duped! And the best part of all, documents in their CrowdSourced Library are FREE! And of course each time they (the banks) are getting paid via their own insurance. gform.initializeOnLoaded( function() {gformInitSpinner( 805, 'https://s40123.pcdn.co/wp-content/plugins/gravityforms/images/spinner.svg' );jQuery('#gform_ajax_frame_805').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_805');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_805').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! They send you around the mulberry bush asking for the same paperwork and then saying they never received it. This company for real needs investigated. In May, they reached a settlement, as part of which, the complaint says, Select agreed to stop demanding payment while she was in bankruptcy. On 11/07/2022 SELECT PORTFOLIO SERVICING INC filed a Property - Other Real Property lawsuit against FERGUSON, DEBORAH S. This case was filed in Jackson County - Fourteenth Judicial Circuit Court , Jackson County Courthouse located in Jackson, Florida. There are too many things that SPS has done illegally to me to count since taking over my loan in 2012. Your email address will not be published. My house was up for sale, offer was was rescended so I had to continue paying the mortgage. All I can say is WOWHELP!!!!!!!!? We are paying interest only on like 50k at a 9% and after 30 yrs we owe them 153k wth!! I signed up for the HARP program which gave we a 2% interest rate. i live in long island and i can t get my loan modified becasue the taxes out weight the morgtgage. When I spoke to them they couldnt answer for the added ,$1405.00 reported to my credit report! Select Portfolio Servicing LawSuit What You Need To Know About, Brandeises School of Law University of London School of Law, Takata Airbag Lawsuit Settlements Continue, Why You Might Want to File a 23andMe Lawsuit, Polybutylene Pipe Class Action Lawsuit Ends, Nissan CVT Class Action Lawsuit Settlement Approved. No one will help including attorney general, CFBP nor any federal agency. to get the check sent in my name only. I wrote to them and they havent responded. 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. Lawsuit Against Select Portfolio Servicing. They lie about paperwork when you send it or what you should send to them! Article Type: Lawsuit . I know how hard it can be. Consumer Protection Laws: TILA, RESPA, TILA and RESPA combined, The ECOA REG. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Proudly powered by WordPress Finally, one place to get all the court documents we need. The F.T.C. We use intelligent software that helps us maintain the integrity of reviews. They steal homes. Click to reveal What would other Government Agencies will do? This company needs to be investigated and shut down for unfair practices and using fake documents and fake entities to steal homes. For them to do so is FRAUD and they can be sued for it!! It's the same loan I've had since 2005. You can submit your information here: https://topclassactions.com/start-a-class-action/. 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. This website is not intended for viewing or usage by European Union citizens. After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. Meanwhile SPS has placed my account in default & threaten me constantly via phone & letters! This has to STOP! You can email the site owner to let them know you were blocked. This job is what you make haven't met a manager I don't like . 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). In further support of the Mortgage Fraud by Goldman Sachs & Select portfolio Servicing, please see the 1098 Tax form for 2019 whereby, SPS clearly adds a Negative -75,157.53 as a Deposit to the . The house was left to me in the will and I was his executor. SPS said they would not accept any more payments and charged off the loan. that reports on class action lawsuits, class action settlements, A link to creating an account may be found here: https://topclassactions.com/signup/. A link has directed you to this review. The Court of Appeal further held that the fact that the plaintiffs attorney was no longer involved in her case indicated that her attorney may not have been able to handle the case competently. They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. (ii) Arranging commercial real estate equity financing. Attorneys will then review your submission to determine if you have a case. 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. They wont be able to produce it! 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.. 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. As of Sept. 30, 2022, SPS serviced approximately 942,000 residential mortgage loans with an unpaid principal balance of $179.5 billion, representing approximately 2.8% decrease in portfolio by loan count yoy. I have even gone to the bbb about them they constantly call and harass me and now are hiking my payments up they are not a true mortgage co. but a debt collector. Few year back they intimidate me that my house will go for foreclosure or pay 11000.00. The person represented SPS and the person was driving a car with license plates registered to a truck. Some choice, huh? I have a LAUNDRY list of ILLEGAL activities that SPS has done to me. 2022-12-01. Looking at other comments I dont think they have helped any one. Had them on Two Strikes when upon the third they were Striped of their right to FORCLOSE . My original loan was for $75,000 now they want a $140,000 payoff SOMEONE HELP!!!!! You can not pay them on line as I did with my Bank before. Esperanza Corrals lawsuit could have been defeated if she had retained a portfolio servicing attorney at that time, but she may have been better served by taking care of the claim herself through a third party. It has been nothing but a nightmare, since they took over mt mortgage a few years ago. I first tried getting them to pay USAA and that failed so I have been trying to get these people to close the escrow account since they are just collecting money and not paying the bills with it. Dont give up. We learned early on to wire the payment from our bank so they wouldnt delay payment postings. Under the above contractual relationship, the defendant was vicariously liable for the damages sustained by the plaintiff due to his or her carelessness or negligence. Our payments went up 800 a month by the time we lost the house. 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. For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. Someone PLEASE CONTACT ME. My loan was in default. 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. 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? Having trouble trying to save my home from these thieves!! 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. 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. Perkins Coie is known for its high standards and commitment to excellence. They say I owe over 250,000 on a home I purchases 15 yrs ago for 120,000. Box is: P.O. Did SPS mail a letter and SPS DID NOT CLEARLY LISTED which document were needed to complete your application for a Loan Modification? This is so incredibly cruel, underhanded and frustrating . I can go on and on, but I pray that God sends someone to all the people who they deceive, so we can overcome this nightmare! The defendants attorney, who was responsible for handling legal issues related to the loan, had failed to properly prepare and file a complaint against the plaintiff. Hello, I had the remaining ~ $19k balance that was Paid on time with chase transfered to SPS last August. 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. Weeks later, they received a notice of debt from Select Portfolio Servicing on July 24, 2015, stating that late charges would accrue and vary from day to day.. They keep trying to steal my home. We have refinanced an equity loan which banks do not resell. Fines. All over the country and getting away with it! so They passed the HOT POTATOE to U.S.Bank National Association . What is the average salary for Select Portfolio Servicing employees in the United States? They came right in and raise my mortgage, matter of fact have raise it up 3 times since Ive been under them. I get different answers from different representatives . Please contact me! Sign me up for any Class Action possible. My home has been foreclosed upon because they did not want to work out any deals with deed in leu . Since Covid 19 my business has suffered. The Riveras state that they defaulted on a mortgage with Bank of America in January of 2009. In court for 10 years b/c Chase is owner of loanor is it Bank if America? We are trying to do a Modification and they keep saying they are not getting the right paperwork. Everything had to be a script. This profile has not been claimed by the company. Sps finally told me about a loan modification and stated if approved I would have a lower interest rate and payment. The defendant was aware of the risk inherent in providing any funds to the plaintiff and did not compensate him for this risk. they dont want to help. Visit CareerBliss to research Select Portfolio Servicing salaries, reviews and benefits. 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! Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Debt collection company Select Portfolio Servicing is accused of sending debt collection letters that violate federal law, according to a class action lawsuit. My home burned 3-16-16. RESPA aims to make sure that consumers are . Get buying tips about Loan Modification Companies delivered to your inbox. I have had it. They dont purchase loans. They changed my land records so there is no real chain of title. Notwithstanding Harrison's failure to adequately brief these complaints, we observe that the record contains an "Assignment of Deed of Trust," which provides that . March 30 called and spoke to Phil and he said he would escalate to his supervisor and I would receive a call within 3 days. In January 2018 I lost my home to SPS. then they send me a new letter saying different paper work is missing this been going on for seven years. SPS never took ownership of the house. Also during the process sps tried to foreclose on me. Sps forced a forbearance on me. Sounds familiar! Custome Shutters And Blinds Dynasty Shutters and Blinds They sent Troy to measure my blinds I gave a deposit in Jan 7 2022 and they dont answer and when . I never received anything from an attorney. When they took over from Accredited Home Lenders my payments went up $362 a month without any reason given to me. At the inception of the lawsuit, the plaintiff and defendant filed their answer denying the allegations. If it is NOT.. I send SPS a check on the 1st of the month every month. Subsequently, another stipulation was entered which provided that if either partys claim is dismissed, then both parties have the right to pursue another action against the other party. I understand every one of these posts this company is terrible.So sad. 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. Copyright 2022 Consumers Unified LLC. Even after hiring an attorney , who also received the same problems and delays I was forced to file a chapter 13 . Ballooned our loan from $598 to $1250.