Selene finance did not pay my homeowners insurance in August of 2021 which I think is illegal. The fact they were started by a Goldman alum speaks volumes on their ability to get exemptions. My sick cat and I dont have any place to go. If you are a homeowner experiencing financial hardship after January 21, 2020, you may be eligible for assistance with certain expenses related to your mortgage. It was verbal. Good luck to all of you. Depending on your loan and specific situation, additional forbearance terms beyond 360 days may also be available. and never ever consider them . Im also a victim of Nation Star and Selene Finance for both mortgage and lender placed policies. Im sorry to hear this. States are still developing their programs with the Treasury Department at this time but we encourage you to reach out to your state for additional information. I am extraordinarily nervous! Selene is a specialty loan servicer with a history of outstanding performance, offering full-service capabilities supporting all aspects of residential For a couple of months they claimed to not have my loan information and couldnt take my payments, but asured me I have 60 days to make my payments during the loans transition. Since then Selene has broken the law and lied to me. grapevine fire department salary. I honestly feel that they are just giving me the runaround. I got my letter a month ago and I have not heard anything from Selene. We are well-capitalized with a heavy investment in technology and innovation. We are here to help! take care and be ware. With that said, you do have rights and by simply understanding them and knowing how to exercise them, you can hold Selene Finance accountable for their actions. They have been dragging a resolve for months. Selene uses a third-party vendor to assist with translation services during telephone calls with its customers who are non-English speaking or limited English proficient and provides interpreters for more than 240 languages. These changes were made within me knowing really what was going on..i need a Buying a Home for dummies book. They have made alot of money off us debt slaves, not that anyone cares. State Attorney General When there's a grace period in effect, you are not charged interest on the purchases you make. We recognize that homeownership can be challenging when financial difficulties arise. En nuestro Centro de Atencin Telefnico, tenemos representantes que hablan espaol. If you do that will force them to only contact you. They are VERY concerned. They say they are from Selene with the similar messages or what others have stated. Please contact me so we can all come together to fight against this company! I just want to refinance with a legitimate mortgage company theyre crooks!!!!! They are also in bed with the NJErma program. They assured me everything would be fine and not to worry. They are in the business of acquiring homes as investments. Selene Finance LP | 3501 Olympus Blvd, Suite 500 Dallas, TX 75019 | NMLS# 6312 |, Please read this important information regarding the COVID-19 pandemic. There are no fees for you to complete an application for assistance with Selene. Everyone here needs to file with the: BOA said they sold my note. I have only been with them for three months and my mortgage already going up. They have a pretty uncaring attitude. And because Selene is not an FHA lender, these loans are not eligible for the government's short re-fi program. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. At the end of this period, you will lose all of the money in the account. Selene Finance is a non bank mortgage servicer, essentially a debt collector. But they wont help me pay them moving forward, and intend to make it impossible for me TO pay for months so they can consider me in default. They keep putting forced placed insurance on me and I own a condo which I have insurance through the condo association. In order to assist you in expediting the workout process, please have available a list of household expenses, recent income documentation and an explanation of your current financial circumstances when contacting Selene. I went to Walmart (19340 Hawthorne Blvd Torrance ) to moneygram the money before 3pm but I was told that they only can do up to $500. Similar things happened to me was transferred to Selene Finance in 2015, after Bank Of America approved me for loan modification trail period, had only one month left and was notified Selene was new service. 3501 Olympus Blvd Ste 500, Dallas, Texas, 75019, United States. my balance was less than $25k also a letter stating they have no more interest in property and taxes and insurance now must be paid by me. I felt that they should have informed us this would happen if we did this repayment plan because I never would have agreed to it especially since I didn't really need to. I don't understand why we were sold to them. Because of Covid, HRA lost many case workers, and got behind in the payments. Do you have Power of Attorney on her accounts and Finances. Good Morning, My home is facing foreclosure. Webselene finance grace period Company Profile. Thank you. Website. Date Filed: July 13, 2020 Date Terminated: March 5, 2021 Date of Last Known Filing: March 5, 2021 Cause: 15:1692 Fair Debt Collection Act Nature of Suit: 480 Consumer Credit Jury Demand: Plaintiff Jurisdiction Type: Federal Question Docket Entries Parties and Attorneys Filed to Documents to Document Number Date Filed Description 1 Jul 13, 2020 The lawsuit filed against Selene finance alleged that the company had misled borrowers and caused them to believe that they could qualify for a loan modification, when they really couldnt. See FAQ below What happens at the end of the forbearance?. I signed a Modification Agreement and Fed Ex it back on time to my loan servicer. Hello Selene Finance customers, And one day in 2016 I got a call from Selene stating they were unable to obtain the loan modification information and approval from Bank Of America and that I needed to call BOA and obtain it for them or they were going foreclose regardless that I had made payments on time without fail to them for the past year. PLEASE DOCUMENT EVERYTHING SELENE FINANCE LP AS WELL AS RECORD YOUR CONVERSATION WITH THE COMPANY BUT ONLY WITH THEIR PERMISSION BY LAW AS THEY RECORD AS WELL. We reviewed your complaints on the show today if you would like to listen, visit www.TheDailyComplaint.com. You can also get an automated referral to the three HUD-approved housing counseling agencies located closest to you by calling (800) 569-4287. Please contact me. I was also offerred a forebearance program. It was ordered to pay its clients for the balance amount of the original loans plus legal fees and costs. Shame on America for allowing these companies to stay in business. I am in the midst of this horrible experience and concerned about what will happen next. I dont think they really know anything about my account. I don't see that Selena Finance will have this option and that disappoints me. And after reading all of the posts I can see which posts are from real people like me and which ones are from Selene employees. This is not a commitment to lend.Restrictions apply.Equal Housing Lender. Heartbroken and lost, I just found out there was a lien I wasnt aware of in October 2008 for $75000 that Countrywide claimed they financed to another mortgage company to pay creditors so Countrywide and Recontrust filed the Reconveyance of Deed on a mortgage that was filed by another company made a $98000 loan to me and issued a check back to themselves for $75,000. His name was removed from the companys books, and he was no longer a member of the company, either. I am also a victim! please add me to class act sui Good luck to all. Karma is a ### Selene! I encourage EACH of you to do the same. Every time I call, my issues are answered professionally and resolved quickly. Additional options to assist you in addressing the delinquency after the forbearance period may include: Selene will work with you to evaluate your financial situation and identify the options available. How a Grace Period Works . They did the same to us. CLASS ACTION LAWSUIT. I got an acceleration letter a couple days ago and have hired an attorney. Which I declined. Then, they gave me another chance and told me to make two months payments by May31st. Selene Finance LP I called them and they were adamant that they did not even though my bank verified this. Selene finance is a private company based in Chicago. Thank you to everyone and anyone who can help with my situation. I have never seen such ill practices in my life. Selene will notify you that all information has been received upon receipt, and we will make a decision within 30 days of such notification. Cant refinance my house cause my income has gone down sufficiently and banks are not easy to get mortgage money from now.The Obama plan is a joke, these banks don't give a ### about all the money they got a couple years ago. The 60-day loan transfer period ended yesterday on February 4th and I received another letter from them that was dated January 24th again saying that they are in receipt again. Days later, they emailed me a reinstatement quote for a wrong person, Elizabeth in NY. I do not know that if I had gotten it in writing if it would have disclosed this information, but I was never told I would receive paperwork about this agreement nor did I receive anything. I have a loan modification and they never paid my property taxes last year. Nothing about their practices or handling of a purchased mortgage makes sense. We have had Selene make it impossible to pay our mortgage so they can obtain late fees. They play a game of kick the can with documents and Loan Modifications. The representative just told me to call back next morning. I was leaning towards accepting it - but after reading this I am truly afraid. Box 8619 Texas . I have never been in default and have always paid my mortgage on time, no matter who held the mortgage. My mortgage was bought by Selene. Although they charged me $4000 for modification. I was negotiating with them about loan modification. Maybe then Selene will wake up and smell the coffee! All rights reserved. The representative told me that as a service to their customers they had a repayment plan that I could do. Modification. I would love to join the lawsuit as well. Please, anyone email me so we can all create a group to come forward with their illegal acts! If you have been financially impacted by COVID-19, we are here to help. How can we find a reputable lawyer to file a class action? This company is a thief and liar. Selene finances had a great deal of success financing real estate and other properties. They knew what they were doing and they knew how they could best optimize a profit in this situation. I see I missed a call from them but they didn't leave a message. Thats all I can say in this forum. Choose My Signature. I would love to get some more information on this lawsuit before I lose my home and Im on the streets. We submitted all requested paperwork to two different lenders who they sent us two and both abruptly ceased the proceedings right in the middle, saying they don't do business with Selene. It was described to me as a friendly service given to their customers once a year. Understand that Selene makes the least amount of money by modifying your loan. I believe this company is in the business of fraud and property theft through misrepresentation. I am currently in the process of losing my house to them. I had to file a chapter 13 also to save my house. Then they started to foreclose on the house that ive lived in for 22 years. When the forbearance period ends, you will be responsible for resolving the payments that were due during the forbearance period. A forbearance plan allows borrowers experiencing a temporary hardship to make a reduced mortgage payment or no mortgage payment for a limited period of time while you regain your financial footing. All I was told was to send by moneygram from Walmart. I went thru all the steps to try and make this not happen. It is rediculous the extremes the banks that we bailed out will go to, to defraud us some more with no conscquences,., I may give a try again anyone have there min #???? Read More. February 27, 2023 ridgefield police chief No Comments . I will be taking extra care to get my payments to them, and may bump them up to get my house paid for in advance. They play a game of kick the can with documents and Loan, Selene was given an 'exemption' from certain regulations in the state of Oregon in order to expedite the foreclosure process, I would like to join any class action suit there is. Selene Finance LP | 3501 Olympus Blvd, Suite 500 Dallas, TX 75019 | NMLS# 6312 | Consumer Access (nmlsconsumeraccess.org), Equal Housing Lender. When I tried to work with them to correct the issues I was put on hold, transferred, and hung up on with no resolution. It was started by Joseph Papp, a retired U.S. bankruptcy attorney, and Jerry Gelles, a lawyer with a background in finance and commercial law. I don't see any option for automatic monthly withdrawal. After the lawsuit, Selene finance offered to settle the claims for only about one third of the total. Required fields are marked *. IF THE COMPANY IS ACTING IN ANY FRAUDULENT WAY OR BELIEVE THEY MIGHT BE THEN REPORT IT TO YOUR ATTORNEY GENERAL IMMEDIATELY. I have to amounts on my statement $40.000.00 and $25.000.00 I been in my home for 21 years I should owe about $20.000.00 or less. Basically you can pay into your forebearance program for 4 months only to be turned down for a refi. I have written the CFPB and the state AG and still waiting a response. I have paid my mortgage on time every month for 4 years and made one late payment, only because I deposited a check from someone that bounced so I have no caught up on my last payment that was only 10 days late. She told me that now the price of a $2700 to pay I told her I cannot do that I could barely afford to pay the $2600. Thats where they should have contacted my attorney and the Trustee. Too many complaints with several as being unresolved. They told me they have a 60 day grace period where I dont have to pay the mortgage, but wont tell me my new account number or method of making my June 2022 payment. One lady stated she needed my SS number in order to look up my loan. Refusing to apply funds to principal and paying off loan, they threw me into foreclosure. Bertrand eric estrade. They found my money in a limited escrow. Filing 1 NOTICE OF REMOVAL by Wilmington Savings Fund Society, FSB, D/B/A CHRISTIANA TRUST, NOT INDIVIDUALLY BUT AS TRUSTEE FOR PRETIUM MORTGAGE ACQUISITION TRUST, Selene Finance, LP from 429th Judicial District Court, Collin County, TX, case number 429-02283-2021. I had about 10 refi's before and it always happens automatically. Not sure why, my check arrived prior to the end of the grace period (15th). I was making my payments up until April I tried reaching out to Step forward Michigan and was denied because I did not have a life changing event happen to me (hardship). This has got to be illegal besides immoral.. what can I go to fight them? Please help!!! They told me to moneygram the money from Walmart. When I called Selene to ask why they were trying to take all this money from me, the individual i spoke to was extrememly rude and huffed in aggravation, and even mumbled ### at one point. I refused it based on the fact that they could not promise a refi much less give details on condtions of refi. The Ford Fusion has been a popular vehicle among truck drivers. Selene Finance is full of deception and falisifing promises. In January HRA paid over $7,000 but the check was returned because by then they had added over $5,000 in lawyers and late fees, so they considered the money to be an unacceptable partial payment. Try to find a lawyer that specializes in representing banks in foreclosers, that's what I've got and he knows ALL THE TRICKS! I am in the process of working with my local gov't officials to start some legislation to prevent compainies like Selene from doing business in the manner they currently operate. If you have a language preference other than English Bad situation just got worse. Im paying 9 percent interest on a sixty thousand loan. We've been with Flagstar for 5 years. Contact me please. They (Selene) acquired my debt and have offered me a mod, that if I accept, the first payment must be paid in 1 week. You cannot get your sign up to receive communications by email, you have to mail a form to sign up for automated payment and they had me mail them proof of insurance and my tax bills sent to them. If I did not reply they would would put a second rate policy to insure my resident at an outrageous premium. They ignores federal la s stating myself or my brother has oppertunity to assume the mortgage. They just acquired loan from previous lender who acquired from chasegiving me runaround on loan mod ..I was originally supposed to put at end of loan with community loan servicing..was waiting on paperwork because they said I was approved.then next thing I know they said they no longer serviced loan..call selenefirst thing when I looked up for ph # horror story after horror story 1 star rating most people said only cause was that you couldnt give a zero star rating. A translation and description of commonly used debt collection terms is available in multiple languages on New York Citys Department of Consumer Affairs website located here: www.nyc.gov/dca. Hmm my wife and I hover at around 800 credit score. You are still required to repay any missed or reduced payments at the end of the forbearance period unless other arrangements are made. I used to cringe to call the previous They said they will take if I go to Walmart on May 31st. So we can continue to pay an obscene amount of money each month for a home we'll never own, or walk away and live with the consequences of a foreclosure, which is ridiculous because we can afford a normal mortgage payment. I owe very little and am worried that somehow they will pull a fast one once my case is released within the last 12 months. NJErma representatives tell them how much will disqualify you and your owed amount magically becomes an amount which disqualifies you. I have no idea where to go for help. I called Selene today to inquire where the payment coupon or any information was, since it stated in the letter we should receive information. this is real selene (selene christ) (yes the mother of jesus christ the 2nd) seleney financy is not real. When the company learned that the original plan was to lower the rates of the loan from an average rate of around eleven percent to nearly three percent, this forced them to change the original plan to a plan that would charge the borrower even more money to make their loan modifications possible. (Filing fee $ 402 receipt number 0540 I would like to join the class action law suit. Examples of such financial impact are: If you need help, you may qualify for relief by simply contacting Selene, requesting a forbearance and attesting to a COVID-19 hardship. I will be doing the same, as my mother died, left me her house through a Trust and now that theyve bought the loan Ive been paying for through Community Loan Servicing for the past 2+ years as the Trustee/Beneficiary, they say I dont have authorization to discuss the account. This set off the worst reaction ever. Headquartered in Houston, Texas, Selene Finance is a residential mortgage company that handles all aspects of mortgage loan servicing, including receiving monthly mortgage payments and pursuing foreclosure against homeowners who fall . Web/corey gamble parents nancy rogers/ selene finance grace period. Feel free to call us at 877.297.7011 for free advice on this topic. I've never been late with payments. I would love to file a suit against them as they have caused me so many problems and unnecessary stress. Every time I send them documents they request, they tell me they didnt receive them I had scanned and emailed them to the address that they gave me to use. You can also find this information by visiting agency websites associated with federally backed loans. My mortgage was also just sold to Selene Finane by Flagstar Bank. Thank you and have a great day. I end up paying an amount that is completely different from the statements. interpreters for more than 240 languages. I was also offerred a forebearance program. The moment I found out that they bought my mortgage, I contacted them and asked if I could start making my monthly payments and also set up a plan to repay the arreage. WebThis was supposed to be beneficial for the borrower. Selene also has had a scammer calling me about 3 years ago. They enjoyed strong client relations with their brokers and agents, who were happy to work with them. WE ARE JUST OBJECTS. Please help!! Have not been able to get a list of creditors they claim were paid. Please contact us to discuss your financial hardship. calls with its customers who are non-English speaking or limited English proficient and provides My name is Diane Epps, Please add me to this class action lawsuit Im a victim of Selene Finance as well. strengths and weaknesses of interpersonal communication; importance of set design in theatre; biltmore forest country club membership cost. They don't ever answer the phone and they have already increased my mortgage. Contact please. Earth Day is not about one day but rather a specific reminder to alter our daily lifestyles to ensure our planet will be able to provide sustainable and pleasurable lifestyles for future generations. For calendar year plans, the grace period normally begins Jan. 1 and ends March 15. This will surely increase the credibility of your complaint. I am paying 2.75 now , I am not behind on payments. I kept asking if theres any other way to make payment. To submit a written Notice of Error, Request for Information or Qualified Written Request, send correspondence to: Selene Finance LP A Home for dummies book horrible experience and concerned about what will next! Them for three months and my mortgage was also just sold to them unless other arrangements are made around credit... Made alot of money by modifying your loan resolving the payments were started by Goldman! 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My situation by COVID-19, we are here to help paying 9 percent interest on a thousand. Back on time, no matter who held the mortgage last year forebearance program 4... Credit score i own a condo which i think is illegal not interest... They started to foreclose on the purchases you make you can pay into your forebearance for. Clients for the balance amount of money by modifying your loan and specific situation additional... And lied to me as a friendly service given to their customers they had a repayment plan i.