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. im gettting a lawyer. [Select] shall release its lien against the aforementioned property upon discharge.. Very unfair practices. I really cant afford this payment now. Please stop this company!! They are predators of the elderly and have no true documents to foreclosure. That is a violation of my Civil Rights that are protected and covered under the ADA ACT. But I cant find any lawyer or program to help me. 3. Later my mortgage was transferred to SPS and I have had hell every since. Dr.chayobriggs. 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. Select Portfolio Servicing is a loan servicing company based in Salt Lake City, Utah, with an additional office in Jacksonville, Florida. 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!! anyting less then shutting them down and canceling all debts held by them will be a loss. Someone PLEASE CONTACT ME. Seek help!! Servicer Evaluation: Select Portfolio Servicing Inc. - S&P Global 'Then here I get hit in the face with this': Homeowners claim mortgage There is help out there!! My sister and Insurance Agent stayed on the phone with the company over 4 hours and got no where . Since the purchase of my loan in 2013 it has been a complete nightmare. I am sorry for all that you have been through, reading the comments each had made, it is sad that this is permitted in our Nation. 2019 of plaintiff's counsel [letter dated August 23, 2019 of the Federal Deposit Insurance Corporation to plaintiff . My original loan was for $75,000 now they want a $140,000 payoff SOMEONE HELP!!!!! 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 . If someone can give us some advice, I would greatly appreciate it. They said they would modify the agreement but only sent forms and saying they were sent and they were. This company has no intentions for home preservation for homeowners who are good paying customers, making their monthly payments. ialso pays to do a ferinzic audit .i did now i can sue them all. 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. I didnt think you could raise a mortgage every month, even if Im late paying it. Over the years my dad has probably paid 3 times the original note. 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. Please go on SM and find a group that will help you! Whether is a Federal or State Court, SPS had engaged in countless violations: 1. With no notice. 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. The Judge overseeing this case is Micaela Alvarez. SPS Acct 0015160716 Relationship Y. Matguez select portfolio servicing lawsuit 2021 This company will steal your home!! Before this lawsuit came out I told my momma something wasnt right about this company. Founded in 1989, SPS is not accredited by the Better Business Bureau and has received hundreds of complaints for billing/collection problems and potential FDCPA violations. Special Report / Tue 30 Apr, 2019. 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. For each and every loan, regardless which the Investor is, YOU are eligible for Principal Forgiveness It is Public Information DOJs website. I am so tired of this harassment. I inquired how This was after I was out of work for one year on a forbearance program and when I got a job I call them and let them know and its been a run around for 5 months and now theyre threatening on April 13th to foreclose on my house unless I come up with $16,000 that is in the Rears. The Select Portfolio Servicing class action lawsuit asserts that the company is a "special servicer" of residential mortgage loans, meaning it collects on defaulted or delinquent mortgages. Make payments, set up and make changes to monthly auto draft, view statements, and review escrow information. Dentons > Los Angeles > United States | The Legal 500 law firm profiles Fitch Affirms Select Portfolio Servicing's U.S. RMBS Servicer Ratings The house was left to me in the will and I was his executor. Our mortgage is underwater, which means we owe more than the house is worth. I have a LAUNDRY list of ILLEGAL activities that SPS has done to me. I have been trying for YEARS to sell home. Select Portfolio Servicing Reviews - Glassdoor This company is a bully, misleading, and screw a lot of customers over by taking their home. It is unbelievable and very stressful to deal with this company. that I was not being charged PMII proceeded to pay on time in advance of receiving bills and more than the minimum payment. If someone can give us some advice, I would greatly appreciate it. Aug 2012 - 20142 years. I have been trying to sell the house in a Short Sale. Select Portfolio Servicing Calling? | Debt Abuse - YouTube I was with Bank of America for years and never had any issues, not even with late payments because I always paid the late fee. When I called all I expected to be mailed out. In August/September 2016 I called SPS before even being billed and was assured by Melinda(?) America mourns for Her people. I have to pay a fee for a payoff quote, I have to pay a fee to make my mortgage payment by check, a fee to pay by phone, a fee to pay online but free if I let them withdraw the payments from my bank automatically..fine print says payment amounts will vary but will include the full amount due including interest, fees and other charges and past due amounts. I want to be added violation on modification terms and raised of escrow accounts with justification causing over charges on escrow accounts, I need help regarding SPS. I am so stressed out over this. 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. Then they denied to take anymore Partial payments. Select Portfolio Servicing Lawsuits - Legal Axe Select Portfolio Servicing Lawsuit - Law Cost All offers were denied. I told them I was going to get a lawyer if they did not refund my $500.00. Ive done my homework on them and havent found anything good. 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. Now all these years later I owe them $176 and change thousand dollars. Select Portfolio Servicing, Inc. spservicing.com/Select Portfolio Servicing, Inc. P.O. I call SPS and they tell me they will send me the paperwork and never do. Collection Agencies: slect porfolio servicing. Whoever you signed your loan with is still responsible. they take my payment and double it for one year and leave me with a large balloon to pay in 12 months that is about 200kthats there idea of a plan to fail. . Four months later i keep getting the run around. They try to scam you on the loan modifications also. Read our Newswire Disclaimer Despite the bankruptcy, the Riveras received a notice that the Bank of America mortgage was transferred to Select Portfolio Servicing for collection on July 9, 2015. 5. They also call me 3-4 times a week, at all hours. I have been trying to get somewhere with them for over 9 months and getting no where. how could i pay off my mortgage and still owe 90k on my house? SCOTUSblog Coverage Petitions of the week (Andrew Hamm, April 2, 2020) If they forgave $30,000 $100,000 or MORE and it was NOT beneficial to you, the homeowner They received at least DOUBLE of what they had forgiven you under the Settlement. 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. SPS is the worst company I have ever dealt with, missing paperwork turns into outdated (all of which is false) keep delaying until they can foreclose. My bank shows the check for this month is pending, so what did SPS do with my check from last month. I call SPS and they say it takes at least 30 business days to board the loan into their system and they will not provide payoff information before then, although my loan payment must be made to them without delays and they will only give me 15 calendar days to change my insurance to show SPS as the mortgagee. 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. 2. They dont purchase loans. Petition for certiorari denied on June 29, 2020 Issue: Whether 11 U.S.C. A year later I have not received the replacement check for the one sent in. 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 . Now SPS is threatening to raise my interest rate to 3% and then 3.75% the next year. Think Im caught up and bam! I called SPS to catch up on the payments and they said they closed my loan and I would need to sell the house and pay the loan in full. $75,000.00 which, to this date has not been applied to the mortgage. The Settlement simply allowed the Investment Company not to fall into the DOJs black List, like BOA and Wells Fargo did. Am facing foreclosure after numerous attempts to get a modification. BankFirst - shut by FDIC. Any help is appreciated!! This outfit needs to be exposed! Sep 23, 2019 - Loan Servicing Representative . !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! 3, Report #1346112. Then they offered me a modification with a $20,000 balloon payment and $1064 a month. Unbelievable. Where do I begin? SELECT PORTFOLIO SERVICING Ripoff Reports, Complaints, Reviews, Scams, Lawsuits and Frauds Reported Your Search: select portfolio servicing. Need help with predatory loan with this company. Servicing of mortgage loans and administration of escrow accounts. But in November of that year, Select again tried to collect the mortgage from her. I need help to make this mess go away! 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. When I spoke to them they couldnt answer for the added ,$1405.00 reported to my credit report! They send you around the mulberry bush asking for the same paperwork and then saying they never received it. Management And Organization You talk to all these different people who suppose to all work for the same company and half of them dont know what they are doing ! If they did, is the information in the 1098 FORM [which includes all the payments you made to SPS in interest and Principle reported to the IRS] correct and accurate? And at some point after that, Select acquired servicing rights to the mortgage loan. denied, 2020 WL 3492660 Issue: If a petition by an individual under Chapters 7, 11 or 13 has been dismissed within one year, does the stay terminate automatically 30 days after a new filing only as to property of the debtor or as to both My Mortgage was brought by them back in 2002 and it is like I have not been paying Mortgage. Select Portfolio Servicing will also provide advice concerning various aspects of selecting an appropriate legal strategy and handling the case after it is filed. They stay in house. 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. your claim status, claim form or questions about when payments are Constance Daniels v. Select Portfolio Servicing, Inc., No. 19-10204 They stay in house. PLEASE ADD US, JOSEPH and VENUS WILLIAMS! Please contact me! My name is James Ray Maree, I live at 3121 University Drive Lancaster South Carolina 29720 und Im not hard to find . Youre not alone either. I first contacted SPS October 2018. HELP I am currently trying to get a modification on my mortgage with SPS , after filing chapter 13 to save it after they refused the first modification, Help what do I do. We received a letter from SPS who instructed us to send the mortgage payment to them. The F.T.C. They do nothing to help besides deny all allegations, force place insurance and use foreclosure mill attorneys to submit fraud to the courts to steal homes. He also says that he questioned SPS about his transaction history. Less than a month ago, Select Portfolio Servicing settled a separate class action lawsuit about its force-placed insurance practices. Select Portfolio Servicing We went through the same. They wont stop running up more fees and this has been going on for 3 years!!!! 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 . A class action has been brought in the Eastern District of New York against defendant Select Portfolio Servicing, Inc., ("SPS"), a servicing agent for residential mortgage loans, unlawful and deceptive acts, practices and misconduct in connection with the ownership and servicing of residential mortgage loans, including, but not limited to the Even after trying to find out since receivin the news it had been sold. They should not be in business and should hang by The Noose so what theyre doing to people and taking peoples homes. They should have multiple suits against them. More than 86% of the aforementioned statistics are loans originated before 2008. The second is all persons who received a notice of debt from Select Portfolio Servicing which stated the amount of the debt would increase because of late chargesthat vary from day to day. The class action requests statutory damages of up to $1,000 per violation. Then decided to say that I was not eligible for any form of modification. According to the lawsuit, the plaintiff's U.S. Bank mortgage debt was accelerated in 2009 and began being serviced by SPS in 2013. SPS has charged off as well but keeps charging me monthly charges and harasses me multiple times daily . They say I owe over 250,000 on a home I purchases 15 yrs ago for 120,000. 6. My husband n I have be cheated out of refinancing n I have not filled any request for our equity that we shoud bolt up over these 19 year weve owned made our payment it went from champion mortgage to h s b c then beneficial to this s p s n no one has informed me personally about any law suit or anything n I would like to know how someone signs I up online with out your pemiison ???? Select Portfolio Servicing Facing Lawsuit Over Alleged - Class Action A Long List of Mortgage Layoffs, Mergers, and Closures SPS has also been heavy handed with me, offering me a modification. We keep getting letters from their lawyers saying they are going to foreclose on us. About 9 months into it the went up 1 percent on loan and I am now in process of trying to modify again because I have singed no new agreement and no one will tell me who the lender is. The plaintiffs are represented by Philip D. Stern and Andrew T. Thomasson of Stern Thomasson LLP. I know how hard it can be. My house burned on November 19, 2022 completely and my insurance agent , myself and my sister contacted that company to give the payoff information for my house . This website is not intended for viewing or usage by European Union citizens. This class action brings suit under the Fair Debt Collection Practices Act (FDCPA) in reference to a mortgage serviced by Select Portfolio Servicing, Inc. The Select Portfolio Servicing unfair debt collection practices lawsuit alleges that those communications to the Riveras violated the FDCPA in at least two ways. Same situation home sold by HFC and Select Portfolio Servicing had been send mee all type of late charges and false documents. the content you have visited before, Advertising: Gather personally identifiable information such as name and location, Advertising: Use information for tailored advertising with third parties, Advertising: Allow you to connect to social sites, Advertising: Identify device you are using. Just wondering WTF happened to my escrow account balance of $1500? Thats being WAY to PC but I dont wanna offend anyone. I was told to send in my divorce decree, which I did. The Riveras seek to represent two separate Classes. The case status is Disposed - Other Disposed. I am fighting them with no attorney. Learn more about the cookies we use. 100% agree they are just stealing our properties with help of judges. They are ONLY a Servicing company SPS is a credit intermediary not permitted in the United states; Fill out this form for a FREE and prompt case evaluation. Select Portfolio Servicing HARASSING YOU? So please count me in!!! I had a heart transplant and they stole my home from me . Count me in the class acton as well. 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. If there is a class action against them Id love the chance to run this company out. Im interested in joining you on the lawsuit. 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. I tried continuously to modify my loan after falling behind. Worked with . The company has many years of experience in providing legal representation to a variety of clients, including corporations . I was given a fake rate reduction buy select profolio it lasted 8 months long after 8 month long select profolio took the rate reduction back and lie to me me and said i did not complete the paper work i ask then to send me what paper work was missing ,make a long story short every time they send me info about the paper work missing i resend it . Select Portfolio Servicing said a clause in their original loan provided a 20-year option. S u need to search lawsuits thats all pertain to yourself and stop. My Bank sent them $34,000.00 on 2/15/2019 I called and ask them to apply $34,000to my Principal only when they received the check, I was told they made a record to do that when the check received, instead they took out extra Mortgage payment for the following month even auto paid is set up for my regular monthly payments when I called them concerning the payments I was told I did not call then when they received the check and that is how the computer is set up to take another month mortgage payments how would I know the exact time and date they received the check, I was never advised that is what I have to do to call them every 5 minutes to remind them, I also lost my home in 2014 due to increased and added fees I just couldnt keep up with and they would not work with me. And of course each time they (the banks) are getting paid via their own insurance. Ugh it is horrible. First, it is illegal to attempt to collect any amount (including any interest, fee, charge, or expense incidental to the principal obligation) unless such amount is expressly permitted by law.The complaint argues that the attempt to collect late charges that very from day to day is unlawful. 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.. Does anyone know if there is a pending law suit against SPS.