In some cases, I had met folks who had received letter from SPS not only using the word: Government but the name of a U.S. President in their letters, when soliciting a homeowner to accept HAMP. They only are a servicer for your loan. 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. By interference and intrusion, acts of omission and misrepresentation They demoralized our Courts and Judges, they defy our Constitution. They say my income is not enough .. 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. Looking at other comments I dont think they have helped any one. receive is excuses why I dont have the replacement check. 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. They have also upped my escrow account even though my insurance rates and taxes have not gone up. 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. After Select Portfolio Servicing, Inc. (SPS) filed a notice of trustee's sale and began foreclosure proceedings against Musil's property, Reese sued SPS on Musil's behalf based on alleged violations of the Homeowner's Bill of Rights 1 f (Civil Code1, 2920 . 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. Box 65450, Salt Lake City, UT 84165-0450 Statements are regularly sent to homeowners using the letterhead of a designated company who is claimed to be a servicer. 362 (c) (3) (A) terminates the automatic bankruptcy stay as to property of the bankruptcy estate. The person represented SPS and the person was driving a car with license plates registered to a truck. I dont care if God strikes my home and burns it to the ground. Box 65250 Salt Lake City, UT 84165-0250 Account PaymentSelect Portfolio Servicing, Inc. Attn: Remittance Processing P.O. Please add me in they are fraudulent company . I just found out that SPS has basically duped me out of $40k. 3. But Bank of America still provided the funds according to my lender place insurance and got my home fixed back up. I have a LAUNDRY list of ILLEGAL activities that SPS has done to me. Seek help!! 12 CFR 225.28 List of permissible nonbanking activities. They said they would modify the agreement but only sent forms and saying they were sent and they were. 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? The monthly re-payment plan is 4 xs times the amount of my regular monthly mortgage and is for 12 months. Box 65250, Salt Lake City, UT 84165-0250 Account Payment Attn: Remittance Processing, P.O. Mind you it was lender place insurance. Tip#2 We have refinanced an equity loan which banks do not resell. Thats what they want! I had a extremely bad fall with a serious injury. Am facing foreclosure after numerous attempts to get a modification. creating another long drawn out process. All I can say is WOWHELP!!!!!!!!? Recently we were on a payment plan for our taxes 1/2 Miv and 1/2 June. Management And Organization This company is horrible. 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. Select Portfolio Servicing Inc. One Sept 22nd I spoke with a customer service rep about assistance due to Hurricane Irma. 2019. If it is NOT.. working with cuban Drug Lords Ref. 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. Is there is anyone reading this that can add my name to the class-action I would be happy to talk with them thank you Jim, Select Portfolio Servicing should be thrown out of business, Add my name to the Class Action Lawsuit. We were told that the extra amount would be taken off, then they told us if the do, we have to pay taxes on almost $85,000. According to the lawsuit, the plaintiff's U.S. Bank mortgage debt was accelerated in 2009 and began being serviced by SPS in 2013. 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. 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. All I can say is WOWHELP!!!!!!!!? We owed 165k and did three trial payments and after 9 months of modification they added 40k to our loan, how is it even possible we now owe 203k with a ballon payment for 30 yrs. It has been a nightmare and there has been my forged signatures to documentsee trying to undercut the firm handing my case. They lie, they dont send any documentation, they abuse the elderly laws, they are the most corrupt company I have ever come across and why cant we get them shut down! I know 5 other people that would gladly join this lawsuit against those CROOKS. This still hasnt stopped them. Im not the sharpest knife in the droor, but a blind man could smell these SCUM BAGS 2Big2fail ??? However, there are several other issues with SPS and would like to file a law suit in US District Federal or would like to get a class.action lawsuit All over the country and getting away with it! Does anyone know if there is a pending law suit against SPS. Debt collection company Select Portfolio Servicing is accused of sending debt collection letters that violate federal law, according to a class action lawsuit. 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 no one has the same story! We keep getting letters from their lawyers saying they are going to foreclose on us. Perkins Coie is known for its high standards and commitment to excellence. The company has many years of experience in providing legal representation to a variety of clients, including corporations . Sounds familiar! They stay in house. O'Brien alleges that defendants' efforts to enforce the mortgage on her property are predatory because they knew at the inception of the loan that she would never be able to repay it. I believe they are practicing unfair practices as I dont think they want us to keep the house. A link to creating an account may be found here: https://topclassactions.com/signup/. Entity featured on Fitch Ratings. 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. I owe more on my house them when I purchased it. Special Report / Tue 30 Apr, 2019. Our mortgage is underwater, which means we owe more than the house is worth. !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! 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 am so disgusted with sps. 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. I am in agreement with statements made here and I am also a victim of this company. Wow. It has been nothing but a nightmare, since they took over mt mortgage a few years ago. This has to STOP! The servicing portfolio consists of 742,000 non-agency RMBS loans totaling approximately $131.91 billion, 96,500 third-party serviced loans totaling $15.96 billion and 61,000 agency loans totaling $9.65 billion. Select Portfolio Servicing is the defendant in a lawsuit that claims it refused to send the plaintiff information he requested pertaining to one of two mortgage loans. I am ready for a lawsuit if there us one. After you send a pile of paperwork, they start sending you a pile of generic letters stating the same thing. I had an adjustable mortgage and two years my interest went up so I was referred to an attorney through someone that I know. She alleged that the erroneous monthly mortgage statements were harassing, false, and mislead-ing, and that by sending them Select Portfolio engaged in unfair 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. $75,000.00 which, to this date has not been applied to the mortgage. They only send a power of attorney for SPS to handle the payments of the loan. At the maturation of the mortgage in 2036, I will essentially owe about 70% of refinanced amount under the HARP modification. Somebody needs to shut this company down. I bought my house in 2004 for $225,000 I put $150,000 down and took out an $80,000 mortgage. ( I did get and settlement check from that lawsuit) 2. I sent it to SPS and they told me that they never received the money. 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!! website. 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. That was discharged in a Chapter 7 or Chapter 13 bankruptcy proceeding. 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 all these years later I owe them $176 and change thousand dollars. 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. The complaint quotes the plan as saying, The value of [Selects] second mortgage claim on Debtors property is valued at zero. It is unbelievable and very stressful to deal with this company. Select Portfolio Servicing, Inc. Case Summary On 05/17/2019 Ortega filed a Property - Foreclosure lawsuit against Select Portfolio Servicing, Inc. Since the fire I have been lied to by SPS reps regarding short pay offers. Bank of America - cut 70 mortgage jobs in Simi Valley, CA. In January 2018 I lost my home to SPS. Look for an attorney and sue themthey are ALL corrupt!! select portfolio servicing lawsuit 2021 select portfolio servicing lawsuit 2021 Home Realizacje i porady Bez kategorii select portfolio servicing lawsuit 2021. I never received anything from an attorney. Defendant (s) Select Portfolio Servicing Law (s) Real Estate Settlement Procedures Act State (s) New to ClassAction.org? ialso pays to do a ferinzic audit .i did now i can sue them all. The Select Portfolio Servicing unfair debt collection practices lawsuit alleges that those communications to the Riveras violated the FDCPA in at least two ways. I wrote to them and they havent responded. 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. The Judge overseeing this case is James Lawrence King. Select Portfolio Servicing, Inc ., D-1-GN-19-001092 (200th Dist. On two Does THAT sound familiar to you, did that happen to you, a friend or a family member? Twice since my lawyer has had to return to the trustee in my behalf over arguments of the total owed and my monthly payments. The company is now asking for 2 Proofs of Occupancy. 3, Report #1346112. This company for real needs investigated. that reports on class action lawsuits, class action settlements, SELECT PORTFOLIO SERVICING, INC. Case Summary On 08/08/2019 GARAY filed an Other - Arbitration lawsuit against SELECT PORTFOLIO SERVICING, INC. 5. Dec 28 2016. 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. They are ONLY a Servicing company SPS is a credit intermediary not permitted in the United states; . How is this company still in business? Collection Agencies: slect porfolio servicing. We will use these documents to determine your eligibility for our deed-in-lieu option. Select Portfolio Servicing, Inc. spservicing.com/Select Portfolio Servicing, Inc. P.O. Looking at other comments I dont think they have helped any one. administrator or law firm. The Judge overseeing this case is Micaela Alvarez. They refuse to work with you, they increase your notes higher to make sure you fail. Jacksonville, Florida, United States. Overview 292 Reviews 7 Jobs 392 Salaries 28 Interviews 68 Benefits 6 Photos 65 Diversity + Add a Review Select Portfolio Servicing Reviews Updated Feb 8, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 284 of over 292 reviews Sort Popular Popular COVID-19 Related Highest Rating 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 ! This month, I sent my payment by Certified Mail/Return receipt. Please stop this company!! Now they have raised my mortgage again saying to cover the negative escrow. The firm's many attorneys have a wide range of expertise in all areas of the law. 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. Dont give up. Our mortgage was purchased by Select Portfolio and they have attached so many fees and false charges that we owe $10,000 more than the mortgage amount was in the first place. SELECT PORTFOLIO SERVICING, INC., Defendant-Appellee. I am so stressed out over this. The complaint alleges that the company tried to collect on a mortgage loan during the time, and after, the borrower was involved in bankruptcy proceedings. 3. drug injury lawsuits and product liability lawsuits. 100% agree they are just stealing our properties with help of judges.