This case was filed in U.S. District Courts, Florida Southern District Court. We CANT let them! Plaintiff's lawsuit seeks a temporary injunction to stop the foreclosure sale of her property located at 8308 Bridgetown Drive, Austin, Texas 78753 ("Property"). SPS said they would not accept any more payments and charged off the loan. After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. Since the purchase of my loan in 2013 it has been a complete nightmare. NOT. They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. Dentons Offices So, they keep sending threatening letters stating my home will be escalated to foreclosure if I dont make the full payment. 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. I wish the attorney handling this case look into my situation as well. Im so fed up with SPS. The company has many years of experience in providing legal representation to a variety of clients, including corporations . Select Portfolio has to be the WORST mortgage company ever, Ive been with them for 12 years and only $1200 has gone to principal, in my opinion they are a predator company, looking for gain on the less fortunate. They are violating 12 U.S. Code 2605. I asked for bills or invoices for the attorney and drive-by fees, but they refuse to send me anything. Then I received a letter saying my mortgage had been sold and Select Portfolio Servicesite would be my new server but terms would not change. Plaintiff Jacqueline Fleming took out a mortgage to secure the purchase of a home in April 2005. I have been trying for YEARS to sell home. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Top Class Actions is a Proud Member of the American Bar Association, Various Trademarks held by their respective owners. If your going to help them, dont bother me! I am currently in a modification because after being switched to SPS my intrest rate increased after being told no changes would be made. A year later I have not received the replacement check for the one sent in. I am so stressed out over this. My mortgage then was 30000 and when I did the HARP program they went up to 49000 and I have to pay it in 15 years with a balloon payment of 25000. I live in Florida and when Hurricane Irma hit, I had some property damage, that I had to fix, I ask for a loan extension which they granted, which all the monies were due at the end of the 3 month extension, which wasnt explained to me that way by the representative on the phone at the time of my request. They said they would modify the agreement but only sent forms and saying they were sent and they were. They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. Defendant (s) Select Portfolio Servicing Law (s) Real Estate Settlement Procedures Act State (s) New to ClassAction.org? Please add me to any lawsuit against SPS. Select Portfolio Servicing can help a client to select the appropriate type of lawsuit support, such as pre-settlement, litigation support, and post-settlement and personal injury cases. 4. Thank you, I would like to get in on this class action lawsuit. Counsel at Wargo, French & Singer on Monday removed a lawsuit against Select Portfolio Servicing, Deutsche Bank and JPMorgan Chase to Georgia Northern District Court. This stops any other bank from redoing the loan. I wrote to them and they havent responded. Before this lawsuit came out I told my momma something wasnt right about this company. Even after hiring an attorney , who also received the same problems and delays I was forced to file a chapter 13 . Their lawyers are committed to providing the best legal . Select portfolio servicing has from day one used deceptive tactics , fake assignments and denial to access our account to be forced into foreclosure. SPS tried to make me pay the mortgage payments, even though the house was discharged in bankruptcy. Ive done my homework on them and havent found anything good. We keep getting letters from their lawyers saying they are going to foreclose on us. 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. That Tip #2. 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. NOT. drug injury lawsuits and product liability lawsuits. I believe they are practicing unfair practices as I dont think they want us to keep the house. 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. This company is a disgrace tio have a legal right to do business in the USA. What and who do I need to contact. Jacksonville, Florida, United States. Please let me know if I can join the lawsuit. 2. My loan was in default. Petition for certiorari denied on June 29, 2020 Issue: Whether 11 U.S.C. I was promised if I move out and give them the keys, they will return give me $2500 moving expense. Did SPS mailed you a letter or told you over the phone that they had not received the document(s) to complete your application? Whoever you signed your loan with is still responsible. I tried continuously to modify my loan after falling behind. They wont release the mortgage. Setting up a free account with Top Class Actions will allow you to receive instant updates on ANY article that you Follow on our website. i am broken hearted at thought of losing my home with my disabled child. 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. Four months later i keep getting the run around. The F.B.I. Ive been trying to modify and assume mortgage after a divorce. The bankruptcy was not completed until December 2019. Our payments went up 800 a month by the time we lost the house. SPS Undermines the United States and diminishes our Judges and Courts. The firm's many attorneys have a wide range of expertise in all areas of the law. In November 2003, Select Portfolio Servicing then known as Fairbanks Capital agreed to pay $40 million to settle with the FTC and the U.S. Department of Housing and Urban Development. It is unbelievable and very stressful to deal with this company. 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? Once they saw we were trying to refinance our loan they changed our status at the Tax Office to say we already had it as an Equity Loan. Docket for Loza v. Select Portfolio Servicing, Inc., 7:17-cv-00430 Brought to you by the RECAP Initiative and Free Law Project, a non-profit dedicated to creating high quality open legal information. The Riveras filed for bankruptcy that same year, and ultimately discharged their debt, including their mortgage, in October of 2009. $75,000.00 which, to this date has not been applied to the mortgage. Special Report / Tue 30 Apr, 2019. In court for 10 years b/c Chase is owner of loanor is it Bank if America? Engaging in prohibited actions [The Request for documents unrelated to a loss mitigation, mentioned here, it is considered a violation of RESPA and the CFPB had considered the Practice Unfair and Deceptive and likely to cause harm to consumers. Now all these years later I owe them $176 and change thousand dollars. These banks with their pure greed, no government oversight (or no true oversight), corrupt Courts and lawyers are STEALING all our homes. This field is for validation purposes and should be left unchanged. If you did, it is very LIKELY that you were duped! The balance indicates we owe more now than when we purchased the property 24 years ago. Bank of America - cut 70 mortgage jobs in Simi Valley, CA. 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.. 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. 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 wont stop running up more fees and this has been going on for 3 years!!!! SPS would never give me dates/amounts/ownership of loan. Our account number if you go to the bank is still connected to Chase Bank. 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. SELECT PORTFOLIO SERVICING Ripoff Reports, Complaints, Reviews, Scams, Lawsuits and Frauds Reported Your Search: select portfolio servicing. I have SPS they have bilked me for late charges that I didnt owe they also sent me my address with some other customers name on my homes bill. I had a extremely bad fall with a serious injury. I get different answers from different representatives . 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. Misleading homeowners I need help to make this mess go away! [*1] Mekawy v Select Portfolio Servicing, Inc. 2020 NY Slip Op 50287(U) Decided on February 26, 2020 Supreme Court, Queens County Weiss, J. We will use these documents to determine your eligibility for our deed-in-lieu option. When I told them to call AHL and figure it out I was told Thats not our job sir. According to the complaint, Flemings discharge extinguished her personal liability on the Loan.. For this reason I didnt open the bills having been assured that I was not being charged PMI wrong I went to pay off the balance only to realized they lied I called multiple times,,, and after months they stopped charging me, but refuse to refund the money they already charged, despite that being the only reason for my call. What would other Government Agencies will do? I called AHL and told them to send my escrow account to SPS and they assured me that they had already done that and even sent me a letter saying they transferred it. I told them I was going to get a lawyer if they did not refund my $500.00. Consumer Protection Laws: TILA, RESPA, TILA and RESPA combined, The ECOA REG. I decided to go back to school to study law because of the stress they have put me through. 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. Then requested a Proof of Occupancy. I have had problems with my monthly mortgage since SPS has taken over the account. Select Portfolio Servicing is a premier litigation funding company that focus on helping capital-type entities such as individual investors, venture capitalists, and private equity firms to engage in purchasing a large number of lawsuits. Thats being WAY to PC but I dont wanna offend anyone. Worst company to deal with and will not work with you at all. Unbelievable. As of today (9/15/2018) the Deed of the house is still in my name. im gettting a lawyer. No one will help including attorney general, CFBP nor any federal agency. SPS is definitely not into home retention as their website states. Im not the sharpest knife in the droor, but a blind man could smell these SCUM BAGS 2Big2fail ??? 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. As of February 29, 2020, SLS serviced a portfolio of mortgage loans worth about $112.69 billion. This company does not follow any federal consumer laws. Please add me.. 559.72(7), 559.72(9). Meanwhile SPS has placed my account in default & threaten me constantly via phone & letters! Later my mortgage was transferred to SPS and I have had hell every since. expected to be mailed out. For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. Management And Organization SELECT PORTFOLIO SERVICING, INC. Case Summary On 08/08/2019 GARAY filed an Other - Arbitration lawsuit against SELECT PORTFOLIO SERVICING, INC. They have actually done drive bys to make sure someone lives there. They lie about paperwork when you send it or what you should send to them! Now they raised my online payment fee from $5 to $15 because I will not let them take the money out of my checking account each month! My name is James Ray Maree, I live at 3121 University Drive Lancaster South Carolina 29720 und Im not hard to find . This I believe was done to PREVENT ME FROM REFINANCING, instead I would be Forced to modify with SELECT PORTFOLIO SERVICING! 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. The court granted her a discharge in July. 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. 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!!! I have the same problem, if you join to any lawsuit let me know,Im interested. I have submitted countless of documents more than once. *If you. I bought my house in 2004 for $225,000 I put $150,000 down and took out an $80,000 mortgage. This website is not intended for viewing or usage by European Union citizens. Dr.chayobriggs. Whos watchin the hen house ? Does anyone know if there is a pending law suit against SPS. 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. i tried talking to a representative which was no help. By submitting your comment and contact information, you agree to receive marketing emails from Top Class Actions regarding this and/or similar lawsuits or settlements, and/or to be contacted by an attorney or law firm to discuss the details of your potential case at no charge to you if you qualify. Recently we were on a payment plan for our taxes 1/2 Miv and 1/2 June. Whom do I contact for more information regarding a lawsuit against SPS? According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 "special servicing" loans totaling around $4.8 billion. And of course each time they (the banks) are getting paid via their own insurance. 15, 18.) September of 2014 my dad had already paid over 94,000.00 dollars way over what he was to pay back. (ii) Arranging commercial real estate equity financing. Terms and Conditions. They are violating 12 U.S. Code 2605. I could go on for days. My statements and all my account info at SELECT PORTFOLIO SERVICING, shows the original balance of $86,395.00!! I need help to gett a loan modification. 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. I never received anything from an attorney. 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. This company needs to be investigated and shut down for unfair practices and using fake documents and fake entities to steal homes. A link to creating an account may be found here: https://topclassactions.com/signup/. Then in 2022 they charged me for two homeoeners insurance policies I did get most of the money back from the insurance Companies but SPS refuses to pay me all the internet accrued from these policies as I just got the money recently back Theres more too that they have charged me erroneously for, Quiero unirme a la demanda de clase, en Puerto Rico hicieron lo mismo, aumento de pagos mensuales sin causa, querer imponer seguro sobre el valor de la propiedad y no desglosan deuda real. I told my daughter that they werent going to help us and they havent! 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. 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? Please go on SM and find a group that will help you! v. Select Portfolio Servicing Inc., et al., Case No. Select Portfolio Servicing Inc. One Sept 22nd I spoke with a customer service rep about assistance due to Hurricane Irma. After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. All I can say is WOWHELP!!!!!!!!? I first contacted SPS October 2018. No. Now they are billing me for $3000 in attorney and drive-by fees. We finally gave up and lost our home. This outfit needs to be exposed! . My bank shows the check for this month is pending, so what did SPS do with my check from last month. Decide which cookies you want to allow. after 2 previous probationary warning shots upon the third were stripped of their right to forclose.. the sad thing is nothing will come of anyones complaints or lawsuits. We offer a submission form on our website for you to fill out if you are seeking class action legal help. I pay the late charges for being late. They just did it. 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. that has to be illegal. For each and every loan, regardless which the Investor is, YOU are eligible for Principal Forgiveness It is Public Information DOJs website. The case status is Pending - Other Pending. Dentons > Los Angeles, United States > Firm Profile. This company for real needs investigated. Were almost there to shut them down and make them pay back all of us!!! With no notice. That was discharged in a Chapter 7 or Chapter 13 bankruptcy proceeding. This company is a bully, misleading, and screw a lot of customers over by taking their home. Location Loris, SC. My ex-husband and I have been held captive for years!!!! We learned early on to wire the payment from our bank so they wouldnt delay payment postings. Additional information General Correspondence P.O. 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 They were struggling with the mortgage before the pandemic began and tried to modify the loan, which has a fixed rate of nearly 4.9%, but their mortgage servicer, Select Portfolio Servicing . 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. They are prime evil, liars and thieves!! They will not take our home! And no one has the same story! By interference and intrusion, acts of omission and misrepresentation They demoralized our Courts and Judges, they defy our Constitution. 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. This still hasnt stopped them. They refuse to work with you, they increase your notes higher to make sure you fail. If there is a class action against them Id love the chance to run this company out. They also said because they are not a bank I cannot do a loan modification. The complaint quotes the plan as saying, The value of [Selects] second mortgage claim on Debtors property is valued at zero. There may be more reports for "select portfolio servicing" For more results perform a general search for "select portfolio servicing" . Ive been disputing this for almost 2 years now. 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. I call SPS and they tell me they will send me the paperwork and never do. 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 . Entity featured on Fitch Ratings. Select Portfolio Servicing Inc. - SCOTUSblog Rose v. Select Portfolio Servicing Inc. Less than a month ago, Select Portfolio Servicing settled a separate class action lawsuit about its force-placed insurance practices. The company did not respond to messages seeking comment. Plaintiff claimed that several mortgage statements sent by Portfolio misstated a number of items, including the principal due, and that by sending these incorrect statements, Portfolio violated the . Then they offered me a modification with a $20,000 balloon payment and $1064 a month. 8. My state recognizes me as the homeowner but SPS keep telling me I have no interest in the house. 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. So when I started paying my loan back, I received a letter in the mail 3 months later stating I owed my monthly payment and I am in default 3 months behind. 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. then they send me a new letter saying different paper work is missing this been going on for seven years. They have also upped my escrow account even though my insurance rates and taxes have not gone up. 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! 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. This stops any other bank from redoing the loan. 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? Due to their overall incompetence and in particular, their incredible ability to lose documents, we lost our home and so much more. Did the terms of the Loan Modification you received was affordable and sustainable? They say I owe over 250,000 on a home I purchases 15 yrs ago for 120,000. I hate this company and will fight them till the end. You may want to consult your own attorney, and should you choose to go that route, we recommend checking out http://www.consumeradvocates.org/find-an-attorney. What else can I do. 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. Fitch rates residential mortgage primary, master, and special servicers on a scale of 1 to 5, with 1 being the highest rating. They keep trying to steal my home. SMH. There is so much fraud that no one can help me! Statements are regularly sent to homeowners using the letterhead of a designated company who is claimed to be a servicer. You can change these settings at any time. 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. 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 7. Did SPS mail you a letter stating they had filed a lawsuit to FC in your home and they never did? Pursuant to Misc. Select Portfolio Servicing - Extortionists Resolved Select Portfolio Servicing - Dishonest/deceptive practice Resolved Select Portfolio Servicing - Foreclosure Resolved Select Portfolio Servicing - Fraud Resolved Select Portfolio Servicing - Unauthorized billing Resolved Select Portfolio Servicing - mortgage and wondering if stumbling and bumbling company will make it out as the original check Please add me to this lawsuit as well. how could i pay off my mortgage and still owe 90k on my house? There are too many things that SPS has done illegally to me to count since taking over my loan in 2012. I need a lawyer to work for me against SPS and their unethical practices! I am very disappointed. They wont be able to produce it! The owner of select profolio is someone from India. Sounds familiar! PLEASE ADD US, JOSEPH and VENUS WILLIAMS! Whether is a Federal or State Court, SPS had engaged in countless violations: 1. This class action brings suit under the Fair Debt Collection Practices Act (FDCPA) in reference to a mortgage serviced by Select Portfolio Servicing, Inc. 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? Select Portfolio Servicing, Inc. spservicing.com/Select Portfolio Servicing, Inc. P.O. So please count me in!!! Select Portfolio Servicing, centers on laws that combine to require entities governed by the Federal Debt Collection Practices Act to charge borrowers a statutory interest-rate applicable in New Jersey when a foreclosure judgment occurs, said Ari Marcus, an attorney for the plaintiff. November 22, 2019: Filing 3 CERTIFICATE OF INTERESTED PERSONS/DISCLOSURE STATEMENT by Select Portfolio Servicing, Inc.. (Hord, Michael) November 22, 2019: Filing 2 NEW CASE NOTES: A filing fee has been paid. Tip#2 We have refinanced an equity loan which banks do not resell. I paid that am out plus have been current in my payments ever since. I am dealing with that now. Sps forced a forbearance on me. SPS bonus for liars, cheaters and thieves? More than 86% of the aforementioned statistics are loans originated before 2008. they say they gelp you with a loan modification. administrator or law firm. In January 2018 I lost my home to SPS. Mind you it was lender place insurance. Author: New Castle, Delaware. Im behind on my mortgage because they keep raising it. Our account number if you go to the bank is still connected to Chase Bank. The Automatic Stay Class is similar, but it is for persons Select tried to collect from while they were actively in bankruptcy proceedings. 2019. Saying I have a negative escrow account of 2000.00 sumin dollars which I dont understand how when my taxes and insurance was threw my mortgage payment. Then said loan is getting purchased for pennies on the dollar. 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. It has been a nightmare and there has been my forged signatures to documentsee trying to undercut the firm handing my case. Im now a widow on SSDI and this whole ordeal has caused me so much more stress and fear. I about lost it on them. 2, Report #1408758. What Crooks & Liars! 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!!