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? Well they file to foreclose and I returned file bankruptcy. My house is paid off twice now because of this Fraudulent Company and I am going through the correct channels for the Federal Government to shut this unrated , nonexistent BBB company . Does anyone know if there is a pending law suit against SPS. SPS said they would not accept any more payments and charged off the loan. Then after that was submitted and then denied. 12 CFR 225.28 List of permissible nonbanking activities. I need to find out about the class action lawsuit if possible. The plan did not provide for any payments to Select, and Select did not object to the plan, the complaint says. My loan was in default. 3. 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. 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 . 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 ???? If it does look familiar, sadly you are not alone. They try to scam you on the loan modifications also. I have had it. I paid that am out plus have been current in my payments ever since. 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? We keep getting letters from their lawyers saying they are going to foreclose on us. The monthly re-payment plan is 4 xs times the amount of my regular monthly mortgage and is for 12 months. also brought charges of money laundering against H.S.B.C. I have been paying my mortgage for around 8 years and have paid only a fraction of what should have been paid. This website is not intended for viewing or usage by European Union citizens. Hello I am in the same boat same story.. 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. Long story short, I am getting out of long nasty marriage, attempting to fix my credit after years of me trusting spouse on finances. Anyone interested in joining us on the lawsuit contact me at j_perezm@live.com. I made a partial payment on my account and was told it was fine to do that to make the rest in a week. I have a LAUNDRY list of ILLEGAL activities that SPS has done to me. Since the purchase of my loan in 2013 it has been a complete nightmare. In court for 10 years b/c Chase is owner of loanor is it Bank if America? The Select Portfolio Servicing Unfair Debt Collection PracticesClass ActionLawsuit is Angel Rivera, et al. Lying to Judges My name is James Ray Maree, I live at 3121 University Drive Lancaster South Carolina 29720 und Im not hard to find . They tell you they can help with the programs they have. My ex-husband and I have been held captive for years!!!! so They passed the HOT POTATOE to U.S.Bank National Association . I have been required to carry insurance for sps and I have been wrongfully forclosed upon with all the typical bs.from sps. U.S. RMBS Servicers Scrubbing Their Portfolios of Problem Loans. 2, Report #1408758. Select Portfolio Servicing, Inc., No. People do not modify with this company they will make it worse!!! 1. stating because of lender place insurance. Amen! SELECT PORTFOLIO SERVICING, INC. Case Summary On 08/08/2019 GARAY filed an Other - Arbitration lawsuit against SELECT PORTFOLIO SERVICING, INC. NOT. That was discharged in a Chapter 7 or Chapter 13 bankruptcy proceeding. All they keep talking about it sell sell sell turn my house over to them. 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. We CANT let them! In May, they reached a settlement, as part of which, the complaint says, Select agreed to stop demanding payment while she was in bankruptcy. ialso pays to do a ferinzic audit .i did now i can sue them all. So, they keep sending threatening letters stating my home will be escalated to foreclosure if I dont make the full payment. They will not take our home! Whom do I contact for more information regarding a lawsuit against SPS? Count me in the class acton as well. Praying I wont be homeless!!! Just wondering WTF happened to my escrow account balance of $1500? I am currently in a modification because after being switched to SPS my intrest rate increased after being told no changes would be made. v. Select Portfolio Servicing Inc., et al., Case No. I had an adjustable mortgage and two years my interest went up so I was referred to an attorney through someone that I know. 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 paid Junes 1/2 and applied that to our loan and next years taxes to our loan. The suit, for claims. I told them I was going to get a lawyer if they did not refund my $500.00. ( outside the United States). It was then I realized that a Chase had not removed PMI during a consolidation and was referred to SPS to correct. i owe approx 140k on my mortgage. Pursuant to Misc. I didnt want that, sps counselor said turning over the house would save my credit. They only send a power of attorney for SPS to handle the payments of the loan. We went through the same. They also said because they are not a bank I cannot do a loan modification. Im so fed up with SPS. I get calls from Select Portfolio at least once daily. This is not the only recent class action lawsuit against Select Portfolio Servicing. So because we have over $100k in equity in our home we believe they were trying to take our home as we find that chase bank is in trouble again. Ugh it is horrible. $75,000.00 which, to this date has not been applied to the mortgage. As of February 29, 2020, SLS serviced a portfolio of mortgage loans worth about $112.69 billion. They wont stop running up more fees and this has been going on for 3 years!!!! Click Change Settings if you want to tailor the use of your cookies. This case was filed in U.S. District Courts, Texas Southern District. Servicing of mortgage loans and administration of escrow accounts. The Automatic Stay Class is similar, but it is for persons Select tried to collect from while they were actively in bankruptcy proceedings. I received an escrow check from SPS inc made out to my ex-wife and myself. They have also upped my escrow account even though my insurance rates and taxes have not gone up. I definitely believe they are fraudulant and they are illegally trying tot take my home. that I was not being charged PMII proceeded to pay on time in advance of receiving bills and more than the minimum payment. So because we have over $100k in equity in our home we believe they were trying to take our home as we find that chase bank is in trouble again. My parents who are decased (my father passed in feb) were taken advantage of starting with HFC III ,who merged with HSCB so they could graft unsighned anun notarised mortgage instrements into a position ,that when the F.T.C. This is one of the most unprofessional companies that I have ever come across. I sustained damage to my home and needed to make repairs without filing an insurance claim due to high deductible. Contents. 362 (c) (3) (A) terminates the automatic bankruptcy stay as to property of the bankruptcy estate. I want a significant amount of money for restitution because of what this company did to myself , my family and friends and by God I have thrown my dog in this fight and I dont back down from a discriminating , unethical and immoral company called SPS PORTFOLIO AND JOIN ME BECAUSE I HAVE A BIG BAD MEAN DOG IN THIS FIGHT . 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. Dentons > Los Angeles, United States > Firm Profile. 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. They stay in house. 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. The Reward a criminal receives from the DOJ: One of the biggest assistance to homeowners is the PR Principal Reduction and/or Principal forgiveness for those who owe more than the home is worth, because under the Settlement: For each $1.00 Forgiven by SPS, owned by the Fraudster Credit Suisse: 1. After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. SPS Acct 0015160716 Relationship Y. Matguez SPS has charged off as well but keeps charging me monthly charges and harasses me multiple times daily . And no one has the same story! SPS never took ownership of the house. 16-3540 Decided: May 30, 2017 Before: BOGGS, SILER, and MOORE, Circuit Judges. 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. Struggling with this payment. They are violating 12 U.S. Code 2605. 19-10204 (11th Cir. In January 2018 I lost my home to SPS. This stops any other bank from redoing the loan. 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? We use cookies to improve functionality and performance, enhance user experience, and provide tailored content. Dentons Offices I hate this company and will fight them till the end. They dont purchase loans. Predators .. Looks like the only recourse is Bankruptcy to stop the foreclosure and then after youb have tried them they send you a letter saying the foreclosure has been postponed. Time for the halftime show! I am so tired of this harassment. does anyone know a good one? They lie about paperwork when you send it or what you should send to them! She alleged that the erroneous monthly mortgage statements were harassing, false, and mislead-ing, and that by sending them Select Portfolio engaged in unfair IL. This company is horrible. and wondering if stumbling and bumbling company will make it out as the original check A year later I have not received the replacement check for the one sent in. Twice since my lawyer has had to return to the trustee in my behalf over arguments of the total owed and my monthly payments. I pay the late charges for being late. 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. Then decided to say that I was not eligible for any form of modification. PS my email is chayote23@yahoo or hit my facebook. This is so incredibly cruel, underhanded and frustrating . 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. SPS sends me many letters each week telling me I am in default of the loan even though I pay on the 1st of every month, but not the amount that they say I am to pay. So I am reporting of what I believe to be Unfair Lending Practices. 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 .