Recommended Reviews Rearrange and rotate pages, insert new and alter existing texts, add new objects, and take advantage of other helpful tools. The company subservices a diverse group of third-party clients from small, mid-tier and large banks; private equity firms; hedge funds; REITs;. Pleading a Cause of Action under Real Property Article 7-113 - The Petitioners' amended complaint adequately pleaded a private cause of action under Real Property Article 7-113. Filing complaints with my states attorney general in the morning and have a meeting with attorney in the afternoon. Founded in 2007 to provide creative loan-resolution strategies, Selene provides a flexible portfolio management approach to meet the needs of consumers, clients and all stakeholders. My mortgage was sold to Selene in July of 2021. The first offer was a higher monthly payment. Auction location. Millions of people receive foreclosure alerts daily, don't miss out. 3501 Olympus Blvd 5th 500. The number of payments we are behind - he began the forbearances during Covid due to a steep decrease in commission (medical imaging equipment sales), which has since rebounded as this field is growing (expected over 6% over the next 3-5 years) - has grown only because Selene refuses to let me make payments while in modification. But yet they are asking for another 5,400. What Can You Do If Your Mortgage Servicer Makes a Mistake? Bumpboxx Flare 6 Charging, The mortgage was with Rushmore and then it was sold Selene Finance. But there was no need for me to walk away since at the time of purchase I put down 100,000. Featured review. We went back and forth a couple of times but I feel the price is still to high. I finally received the requested information. And who owns Wells Fargo? I have no credit card debt (whatever I charge, I pay off in full every month, and my credit line was just increased). The title company paying off the loan for us (Latah Title Insurance) tried to contact Selene around May 7, 2021. My mother-in-law, who was also residing on the property also went to talk to the realtor who informed her that neither I nor anyone related to me could purchase the property. My house is going to auction next week. We were served foreclosure paperwork on September 30, 2022 in which we called Selene on October 3, 2022 to inquire what was going on with the investigation. We . It is beyond frustrating to be on a call with somebody for 30-60 minutes, tell your story to them and NEVER get a straight answer. I am enclosing several review websites containing information all pertaining to the same pattern of complaints: https://www.bbb.org/houston/business-reviews/loan-modification/selene-finance-in-houston-tx-90014991, https://www.yelp.com/biz/selene-finance-houston, https://selene-finance.pissedconsumer.com/review.html, https://www.complaintboard.com/selene-finance-l1795.html. for assistance with Selene Finance contact me at 310-564-6389 Brett@ishortsalenow.com ; www.ishortsalenow.com. Selene instead applies that amount to my next months payment, contrary to my loan agreement. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. . Executive Resolution Team Selene not reporting mortgage on credit report, Ive had my mortgage with Selene Finance for 5 years, Timely Payments, Selene Finance Screws Up Loan, Selene Finance Foreclosure On An Elderly couple, Selene Finance Forecloses Despite Pending Loan Modification, Getting The Run Around From Selene Finance. We suffered a hardship, then unemployment during COVID, and unbeknownst to us our house was auctioned. To date I have been able to rectify misapplied payments, award modifications tgat had been 5 years waiting, stop sale dates, and have sale dates rescinded. Which literally has went up $3000 in one week just from alleged fees. BBB is here to help. Now Selene told me to pay the full amount r foreclose on a home that I occupy (XXXX-XXXX) with my ailing father for nearly 20 years. We were informed for 3-4 months that Selene was waiting on Shellpoint to send over the remainder of the mortgage paperwork to them before they could accept our loan. See details. I have been sending an additional 1000.00 a month to be applied as additional principal on my mortgage. HQ. The default servicing industry is in a state of transition, according to Larry B. Litton Jr., CEO of . Box 8619 Philadelphia, PA 19101-8619. Thieves, the whole bunch of them. Website: www.selenefinance.com. Yes another victim of Selene Finance. Jan. 2010 I started the process to get a loan modification with Wells Fargo because my income was going to drop by 40% over the next year. Selene Finance LP, et al., Defendants. We later found out that this was the action of your real estate agent working for Selene. After no response we contacted Selene and received a reinstatement on June 11, 2021. You must be logged in to reply to this topic. The Selene finance class action lawsuit is an opportunity to obtain compensation for those who have become victims of fraudulent settlement loans that were not offered at all. Life was different and my kids didnt know anything besides this being home!! When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. My nightmare began with Countrywide selling my personal information and all me credit damaged. They said I did not get approved, by Selene, to tack the funds on the end, even though this was my agreement with Bank of America. on Loan transferred after completing trial payments. I had started all the repairs and spent hundreds on paint and repair stuff due to the damage caused by the renters. There was never a manager available & the name of my "loan officer" was not legit on the paperes they sent me. I have been residing at this property for almost 17 years now! Each month I call to make my payment & ask why my modification is not reflected on my statements, I never recieved copies of my loan modification /acceptance. Wells Fargo had us in foreclosure, then we filed bankruptcy to save the house and they sold to Selene. We went back and forth a couple of times but I feel the price is still to high. I have also sent this to top class action as well about Selene finance. The state attorney general has the power to send these notices to the mortgage company. If this happens, the lender must give the opportunity for the borrower to pay what is owed. We help people file for bankruptcy relief under the Bankruptcy Code. ********* ****, Attached is Selene's response to the mortgagors complaint. Re: loan number 710-3112 Date: 8/20/2021. Selene sent me a Loan Modification packet to be fill out. $201,462.23. I have been working on a mortgage loan modification with Selene since August of 2022, Mortgage Account #: XXXXXXXXXX. Selene Finance LP ATTN: Cashiering Department P.O. After numerous attempts to fix the issue with them, they told me that unless I started an automatic payment with . I figured I had nothing to lose and gave then a call. How did it go? (Updated 2023), Pursuing a foreclosure or sheriff sale while your loan modification application is still being reviewed (also known as. It's been a lot of little things. To obtain assistance, simply notify us in any of the following ways: Call us at (877) 735-3637. It was nice when the break-ins stopped and the person messing with the door locks was no longer active. Learn More. Comment by Shayna M. Bechtel on May 22, 2013 at 1:17pm. Terms of the loan modification were six (6) monthly trial payments of $674.13 (starting in January 2013) in order to receive a permanent loan modification. 46 Selene Finance Foreclosure jobs available on Indeed.com. Selene provides certain ancillary services that include title work (Selene Title LLC) and a separate due diligence advisory firm (Selene Diligence LLC). This homeowner had experienced a laundry list of problems with his subprime mortgage; his mortgage had been transferred between several different banks and servicers since 2006. Selene Finance Foreclosure Listings, On July 15, 2019, a class action lawsuit was filed by selene finance against certain individuals who were members of the company. Executive Escalations for Mortgage & Vehicle Servicing, Bank of America from the Office of ***** ********* President, Retail Banking at Bank of America. What Fees Are You Charged in Foreclosure? I got home on August 16 after a long weekend and again my keys did not work, a door lock box had been put on the property. You can also find a foreclosure avoidance counselor in your area. But encourage others to do so immediately before its too late and you find yourself foreclosed on. Case Digest Summary. I can afford my own mortgage. October 20, 2022 @trent_9297. (Filing fee $ 402 receipt number 0540-8429702), filed by Wilmington Savings Fund . $47,827.46 will be deferred from his principal balanceof $137,826.46 -- the balance is now $90,000. Mind you - she is on the deed (in the state of Kansas you can be on the deed/title and not on the loan) she has not had any investment in the property in over 10+ years and no previous mortgage company has ever required her to sign paperwork. No one bought it. Due to the volume of complaints filed against this business, BBB only publishes the details for 30% of the total complaints filed. I put an offer in on one of their properties and they countered but no where close to my offer. 3 Selene Finance reviews. We were told that we get to pay off her house and be done with Selene. We first contacted Selene and put in the paperwork for a Loan Modification in 2016. Mortgage servicer Selene did not fully evaluate plaintiff's February 2017 . This is the worst mortgage company ever. Save the dream says it was paid in July. Reimbursement is 7-10 days. Call us at (877) 735-3637 Email us at LoanResolution@SeleneFinance.com Fax us at (866) 926-5498 Send written notification to us at: Selene Finance LP 9990 Richmond Avenue, Suite 400 South Houston, TX 77042-8500 Telephone assistance is available in many languages. There are common complaints against Selene Finance Foreclosures Process they include: A foreclosure in the county where the mortgage was originated. This lawsuit represents the largest class action lawsuit ever filed in U.S. history, and it is on the verge of receiving a major breakthrough. Nothing ever was sent to either of us or the title company to allow us to pay off the house. Selene Finance is unethical to work with. Being removed from the home. We were told to expect that the payoff for the house (handled by the title company) would be received June 25 after they contacted you about the issue. Pretium is an investment management firm focused on real estate, mortgage finance and corporate credit. 9990 Richmond Ave #400. Cindy J Ziegler Funny Emails To Send To Coworkers, The default servicing industry is in a state of transition, according to Larry B. Litton Jr., CEO of . mortgage payments. After bankruptcy is over will Selene cause us issues? My issue was not acknowledged or resolved. Itstime the pay for their shady ways. Selence Finance lied to me about the original deal. Our lawyers were able to save his home and he is enjoying his retirement in peace. The company provides those looking for homes loans. Loan Modification Success: Stopping a Selene Finance Foreclosure, [fa icon="clock-o"] Sunday, November 3, 2013, Selene Finance Loan Modification Overview, 41 Months Past Due, Foreclosure Action Started, $47,827.46 Deferred from principal balance, Copyright 2008 - 2023 | Amerihope Alliance Legal Services. I called August 20. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. [fa icon="folder-open'] I thank God those people were not there when I was. With over 500 employees, Selene Finance is a servicer. There are too many instinces to mention here. I apologize for the confusion. 1mo. It also means that the bank can take the home back without having to go through the court system. For what reason, I still dont know, most likely to be vindictive because I was trying to make him leave! Initially, when I called, Selene had no knowledge of me or my property, even when I provided them with the account number on the mail they were sending me, they told me it takes awhile for them to process new customers. Send written notification to us at: Selene Finance LP. Each rep will tell us that the message will be sent over to their legal department because it will have to be completed and returned by them. My initial thought was to sell the property after we cleaned it up, but then we got the loan to pay off the property and fix it up. Useful Information for Selene Finance Customers Phone Numbers Support Phone 877-735-3637 Contact Phone 877-735-3637 Email Addresses Support Email CustomerService@SeleneFinance.com Locations HQ Address 9990 Richmond Ave Ste 400 Houston, TX 77042 Selene Finance Bills Are Paid In These Categories: General information about Selene Finance Oh, and by the way if you hire a paralegal make sure they are not an attorney that has been disbarred. We completed and faxed, e-mailed, and certified the same copies of the same paperwork constantly. 20 Selene Finance Foreclosure jobs in Irving. We thought it would be a good time to refinance and get a lower interest rate. Selene Finance LP employs 505 employees. Industry Financial Services Revenue $88.0M Employees 50 Founded in 2007 Headquarters Houston, TX Website seleneadvantage.com Organization Type Private Is This Your Company? It is approaching 2 months since the house was sold. We got approval for the payoff which was one of the Selene employees estimated it to be $48, 000.OO.