Did anyone look into the 1098 FORMS SPS had mailed out to you for the years of 2017, 2018 and 2019? They make it so hard to gather information that it is hard to know what to do. We have filed modification loanpaper refiancing papers and deed of liue and now our short sale was denied. The plaintiffs are represented by Philip D. Stern and Andrew T. Thomasson of Stern Thomasson LLP. they dont want to help. As of March 31, 2021, the portfolio consists of approximately 8% whole loans, 75% subserviced private label securitizations (PLSs), 4% GSE, and 13% PLS mortgage servicing rights. We got different answers to the same questions. I have been trying for YEARS to sell home. I continue to make payments. 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. They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. This company sets people up for failure! Theyve planned this so they could ultimately foreclose. Does anyone know if there is a pending law suit against SPS. And its impossible to get the right help .just for the record select profolio was change from fair banks because of mismanaging mortgages but it seen they never stop what there so good at ripping us off i was apart of the Fairbanks class action lawsuit and it did not matter because they still use unfair debt practices. 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. And no one has the same story! They said they would modify the agreement but only sent forms and saying they were sent and they were. IM GOING TO DO EVERYTHING LEGALLY IN MY POWER WITH ANY LAWFIRM THAT WILL JOIN ME OR US BECAUSE I SUFFERED AND IM STILL SUFFERING FROM THE AFFECTS OF MY HEALTH DETERIORATING AND I WILL NEVER GET BACK MY HEALTH THAT I LOST BECAUSE OF THE SIGNIFICANT PAIN, MENTAL AND SOCIAL ANGUISH THAT THIS COMPANY CREATED AGAINST ME. However if I try to sell the house I would need to pay them plus the continued monthly interest. I told them I was going to get a lawyer if they did not refund my $500.00. Hi, Tip#2 We have refinanced an equity loan which banks do not resell. I am a veteran I served six years in the military only to be homeless? 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 . All I can say is WOWHELP!!!!!!!!? We cant refinance, cant amend the mortgage, etc. I dont even want to get paid just get them off my account and put my mortgage back to the reasonable price I was paying at first. What would other Government Agencies will do? I tried continuously to modify my loan after falling behind. 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 . A year later I have not received the replacement check for the one sent in. I get different answers from different representatives . Dec 28 2016. Select portfolio servicing has from day one used deceptive tactics , fake assignments and denial to access our account to be forced into foreclosure. Now they have raised my mortgage again saying to cover the negative escrow. 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. Two classes have been defined for this action. Recently we were on a payment plan for our taxes 1/2 Miv and 1/2 June. If there is a class action against them Id love the chance to run this company out. 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.. But according . Every time I would send in the required paperwork I would get either no reply, told the paperwork was incomplete, or I did not qualify for the same modifications they said they could work with me with. This month, I sent my payment by Certified Mail/Return receipt. The court granted her a discharge in July. If someone can give us some advice, I would greatly appreciate it. I need help to make this mess go away! 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 . I told my daughter that they werent going to help us and they havent! I sent the payoff check to the company overnight certified mail that cost me $ 420.00+ dollars and that company refused to accept that check until the southern man came out in me. Did your modified mortgage payments seemed similar to the original mortgage payment you had when you acquired your loan prior to default? The F.T.C. Dentons Offices 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. 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. Years ago, they got us Homeowners Insurance which was Over$2,200 for the year, which I just recently found out after the Insurance Company dropped us, saying they were informed we did not live here. I have no mortgage, loans or bills. Ive been disputing this for almost 2 years now. I would also like to add my name to any class action lawsuit against SPS. Additional information General Correspondence P.O. They are a Threat to the General Public. It is a Federal Crime, and that happened Act quickly!! It has been a nightmare and there has been my forged signatures to documentsee trying to undercut the firm handing my case. OVERVIEW Plaintiff Jeanie Reese is the conservator for homeowner Leoma Musil. I was livid. The house needs lots of work therefore I cannot sell it and SPS will not accept payments but my loan interest continues to accumulate. The Riveras seek to represent two separate Classes. Everything you State is FACT. The person represented SPS and the person was driving a car with license plates registered to a truck. The Riveras state that they defaulted on a mortgage with Bank of America in January of 2009. WASHINGTON, D.C. Today the Consumer Financial Protection Bureau (Bureau) settled with Specialized Loan Servicing, LLC (SLS), a mortgage-loan servicer in Colorado. Wow. My home has been foreclosed upon because they did not want to work out any deals with deed in leu . Click Accept if you consent. Internal Communication Even internal email exchange between employees I had received by mistake, the interaction demonstrates they they deceived the U.S. Treasury and Homeowners. More than 86% of the aforementioned statistics are loans originated before 2008. It has been one thing after another with SPS. One of the most unethical companies Ive experienced. As for myself, they should be shot down once and for all, they are endangering our Country, they are threat to our Democracy and our Constitution, as they demoralize homeowners, families, our Courts and Judges. Statements are regularly sent to homeowners using the letterhead of a designated company who is claimed to be a servicer. slect porfolio servicing aka SPServicing Scammed, Bullied, Reported false information to Credit Bureaus Salt Lake City Utah. Were you able to complete the first 3 payments, and later defaulted, and may have or you are about to lose your home now? I sustained damage to my home and needed to make repairs without filing an insurance claim due to high deductible. 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). Special Report / Tue 30 Apr, 2019. The check usually clears in 5-6 days. We will contact you within five business days to acknowledge receipt and let you know if you need to send additional information or documents. Then after that was submitted and then denied. Select Portfolio Servicing Is this your company? Select Portfolio Servicing is an associate firm of Perkins Coie, one of the largest legal consultancies in the United States. 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. 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. 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. We CANT let them! 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. I filled bankruptcy in 2010 (placed my house in the bankruptcy) was discharged in 2011. Mary Kathryn O'Brien brought this lawsuit in Essex Superior Court against Select Portfolio Servicing, Inc. (SPS), and Deutsche Bank National Trust Company. Salt Lake City, Utah. I am owed another escrow check 2. This company has no intentions for home preservation for homeowners who are good paying customers, making their monthly payments. People; Product; Insights; Search . We went through the same. We showed proof of our loan and we were lucky our bank helped us through a refinance. and wondering if stumbling and bumbling company will make it out as the original check Make payments, set up and make changes to monthly auto draft, view statements, and review escrow information. I have asked for assistance und3r federal law and each time they process, approve it, make me go through trial period and then say they did not get a final signature therefore it voids it. Now SPS is threatening to raise my interest rate to 3% and then 3.75% the next year. I need help to gett a loan modification. 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 farther got a 62,000 dollar loan from a company in 1999 my father passed away in 2014 and was never late paying his mortgage. Seek help!! So, they keep sending threatening letters stating my home will be escalated to foreclosure if I dont make the full payment. Consumer Protection Laws: TILA, RESPA, TILA and RESPA combined, The ECOA REG. It is unbelievable and very stressful to deal with this company. Im not the sharpest knife in the droor, but a blind man could smell these SCUM BAGS 2Big2fail ??? In September I sent them . 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. With no notice. My daughter passed away and left everything to me in her will. 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. Plaintiff sued Select Portfolio Servicing ("Portfolio"), a mortgage servicer, under the Fair Debt Collections Practices Act ("FDCPA") and the Florida Consumer Collection Practices Act ("FCCPA"). yep faraudulent taxes reported my taxes paid in 2017/2018 wrong when i got my end of year totals.. stole my house right out of ch13 which we completed for 5 yrs and lived off only what we me made cash to save our house and in the end the they screwed us anyway and foreclosed n stole our home.. they need to have the riots take over their buildings and b taught a lesson if our own government wont stop this insanity of wolves!!!