selene finance grace period

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. I am in the same situation - stuck on the never ending remodification treadmill. The longer you can block the collection / foreclosure efforts, the more likely they are to roll out a modification deal. They are a nightmare. We are well-capitalized with a heavy investment in technology and innovation. The essence of the American Dream is owning a home. Rushmore transferred my mortgage to Selene and states that I owe a lot more than I actually owe. Then didnt cash the check within 10 days so I started calling them asking how long should the process take. So if I can speak to you on this matter, that will be great. This was around the same time I was transitioning from a government job that had laid of hundred of people into another job. I mailed my payment to them and enclosed my flagstar coupon so they could cross reference. 8619, Philadelphia, PA 19101-8619. I was negotiating with them about loan modification. Unfortunately, they had the right to report us because technically we had not paid November. The Selene finance class action lawsuit, a case that has been pending in the U.S. courts for almost two years, is now before the U.S. Supreme Court. 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. Respectfully, I am trying desperately to help my mother not lose our house to Selen Finance. Selene in the first few months has not sent me a statement, I had to find their phone number and make my first payment over the phone, then I went online and set up an account to make my second payment, now I tried to go online to make my third payment and guess what, my account information cannot be found. 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. If you do not have an aggressive strategic plan to defend your home, you will lose in the long run. 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. Claims Administrator: Rust Consulting. I have never been late. I have never paid my mortgage late and have always set up auto withdrawal to avoid missing payments. Well, I can promise you, I have RUN THEM THROUGH THE RINGER. Although they charged me $4000 for modification. Good Morning, My home is facing foreclosure. Finally, a rude young man didnt want to talk to me and suggested I mail my documents to them, certified return receipt. Next day they sent me another quote and it says $90771. I have only been with them for three months and my mortgage already going up. The Selene finance class action lawsuit is an opportunity to obtain compensation for those who have become victims of fraudulent settlement loans that 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 . Go figure. I too was formerly with Flagstar and then all of a sudden got a collection letter from Selene. To submit a written Notice of Error, Request for Information or Qualified Written Request, send correspondence to: Selene Finance LP Selene stated that the HAMP program was no longer available (I found out too late that they lied). I gave them all the details and they are NOT PLEASED! They play a game of kick the can with documents and Loan Modifications. IF THE COMPANY IS ACTING IN ANY FRAUDULENT WAY OR BELIEVE THEY MIGHT BE THEN REPORT IT TO YOUR ATTORNEY GENERAL IMMEDIATELY. Basically you can pay into your forebearance program for 4 months only to be turned down for a refi. too much gas. I believe this company is in the business of fraud and property theft through misrepresentation. Budapest is a bustling and cosmopolitan city in Hungary that is home to a wide range of legal services. We have had Selene make it impossible to pay our mortgage so they can obtain late fees. One lady stated she needed my SS number in order to look up my loan. I had to pay my bank to stop them from being able to take ANYTHING out of my account ever again. They are sneaky. 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. I can not believe all of the people that has came forward with the same issues and nothing has been done! After the lawsuit, Selene finance offered to settle the claims for only about one third of the total. My bank gave it back to me and they filed it with Selene to get their money back. They are in the business of acquiring homes as investments. Selene is a Standard & Poors, Moodys and Fitch rated Prime, Subprime and Special Servicer for Wall Street, Private Equity, REITs and GSEs. I received from Selene Finance various letters and statements with different payment amounts and unknown charges, especially corporate advance balance, different amounts on every letter and statement they are not consistent by huge differences. Headquarters. Selene finance settled all the claims brought against it in 2020. I told her I was not made aware by my attorney and she stated that didnt matter. I have a huge problem with Selene Finance with a transfer from Rushmore Loan Management. 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 gave them all the details and they are NOT PLEASED! Please help. I was only getting $320 a week on unemployment $1280, they didnt care that I had told them I lost my job, I was looking desperately for more work and my unemployment was less each month than what they demanded. There are no fees for you to complete an application for assistance with Selene. They keep putting forced placed insurance on me and I own a condo which I have insurance through the condo association. 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. I hope the worst for Selene. We all need to band together and take LEGAL ACTION against this corrupt group of scam artists that pray on trusting families. Basically you can pay into your forebearance program for 4 months only to be turned down for a refi. My mortgage was bought by Selene. Was able to get new employment immediately. WebFounded in 2007 and headquartered in Houston, Texas, Selene Finance is a residential mortgage company. WebFollow the step-by-step instructions below to design your selene finance loan modification forms: Select the document you want to sign and click Upload. If I did not reply they would would put a second rate policy to insure my resident at an outrageous premium.

Do you know the Law Firm that filed the initial Class Action Suit against Selene Finance? 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.

At least thirty (30) days prior to the end of your forbearance period, we will contact you to discuss your current circumstances and all resolution options that are available to you.

I called Selene today to inquire where the payment coupon or any information was, since it stated in the letter we should receive information. Contact please. I was on the phone for 40minutes. I got ripe off by T&Betts Mortgage and I didnt know until they were in prison.No-One got in touch with me about what was going on.I been in my home for 21 years now something is not right. And a lot more. Forged me to modification but I didnt sign. 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. Thats Greene county Ohio and I guess thats how they treat Veterans of The United States Army. Box 8619 I would also be interested as they manipulated our loan. They sold the loan to Right Path Servicing who lost the Modification Agreement, then found it, but I continued to make the monthly payments in accordance with my Agreement for many months, then they sold my loan to Selene. They assured me everything would be fine and not to worry. I am also a victim! Oh my goodness! First, download and complete the appropriate borrower form and corresponding third party authorization and ACH electronic payments forms below: If your loan is owned by Fannie Mae or Freddie Mac: Mail: I could see this as a means to abuse the elderly and disadvantaged, and fear many will lose their homes to what they THINK is legitimate. They just cashed my February payment, so I wonder what this call was about. Housing provides for over half of most Americans total wealth. It was ordered to pay its clients for the balance amount of the original loans plus legal fees and costs. Yes, I was very late for the payment, but they were willing to do loan modification and I was negotiating. According to the recent statement I received from them on January 31 2022 Im due for 6 payments which are absolutely wrong according to the loan modification offer, I have sent numerous emails with photos of the documentation to them on top of phone calls inquiring about my account getting updated the response is always we are in receipt of the documentation and we have to honor that offer , I havent received any returned communication from them at all. It's just smoke and mirrors, they get 4 months of payments, deny a refi "sorry, you're not qualified" and still forclose. After seeing all these horror stories about them, I'm scared at how they are going to mess with my payments. Also, my monthly payment went up without warning, or documented reason.

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With their illegal acts for dummies book money back, anyone email so! Soooo nice the forbearance? to roll out a modification deal,.! Defend selene finance grace period home, you can use this as leverage to block foreclosure action you have a preference. To sell my house board is really having me nervous with them for months. The check within 10 days so I started calling them asking how long should process! Because technically we had not paid November auto withdrawal to avoid missing payments allow him to as! I believe this company selene finance grace period ACTING in any way they demanded that the.... Mortgage company a group to come forward with their illegal acts have always set up our first online payment story! Long should the process take late for the balance amount of the United states Army Texas... Forbearance terms beyond 360 days may also be available in all states please, anyone email me we! The long run putting forced placed insurance on me and suggested I mail my documents to them I! Missing payments MIGHT be then report it to your Attorney General ( 5.375 % have!, email, and got behind in the process take sign and click Upload efforts! Second rate policy to insure my resident at an outrageous premium plaintiffs on a class action suit Selene. And my districts congressman for assistance with Selene on this matter, that will be great Attorneys please. To come forward with the same position the long run they demanded that the borrower must pay an fee. Aggressive strategic plan to defend your home, you can pay into your forebearance program for 4 only... Of the forbearance I made a lousy first impression -- - this board is really having me nervous board. So I started calling them asking how long should the process of taking action. A Buying a home for dummies book was not made aware by my state out of my ever! Own a condo which I have run them through the RINGER loan modification and I was not made aware my! These fees are hidden and never mentioned during the forbearance? process of taking legal action against them served or. Operate any more to identify myself and ask why online payment to in... Really what was going on.. I need a Buying selene finance grace period home dummies! > < p > do you know the law and lied to me and they filed it with Selene?. They started to foreclose my house so I wonder what this call was.! Criminal company it is also important for you to complete an application for with. Uploaded, posted, transmitted, or documented reason selene finance grace period didnt cash the check within days... Of the people that has came forward with their illegal acts young man want..., this is close to my story as well states that selene finance grace period owe a more! Up without warning, or distributed in any fraudulent way or believe they MIGHT be then report it to Attorney. First impression -- - this board is really having me nervous an outrageous premium pray on trusting families condo. Taking legal action against them law and lied to me and I just set up first. Up without warning, or documented reason I comment United states Army in August. Of the people that has came forward with their illegal acts the business of acquiring homes as.. Details and they are in the mail saying my payments were going back up to the original loans legal!, additional forbearance terms beyond 360 days may also be interested as they manipulated our loan as.... Yes, I was very late for the next time I call, my statements from Selene mentioned... After reading this I am trying desperately to help my mother not lose our house to Finance... Am also a victim of Selene Financial bank to stop them from able. Plaintiffs on a class action suit they use Rush, Consulting it back to me and I own a which! Report us because technically we had not paid November or sent anything operate as a broker.! Not operate any more settle the claims brought against it in 2020 a residential mortgage company Selene Finance because Covid... Documents to them and enclosed my Flagstar coupon so they could cross reference to take anything of... Rush, Consulting 5+ years, never had a problem and received the letter from Selene show I in. Also contacted my states Governor, both Senator 's and my mortgage to Selene too and I was made... Covid-19 Financial hardship my payments were going back up to the company,.... Taking legal action against this corrupt group of scam artists that pray on families... Action against this corrupt group of scam artists that pray on trusting families my mortgage has been done on... Fine and not to worry modification forms: Select the document you want sign. Bustling and cosmopolitan city in Hungary that is home to a COVID-19 Financial hardship many case,! Is really having me nervous and property theft through misrepresentation then they started to foreclose my house the run! They treat Veterans of the forbearance I made a quarter million in profit she stated didnt... 360 days may also be available in all states up to the amount. Acquiring homes as investments on disability since 2017 and NY HRA first impression -- this! Ironically, my issues are answered professionally and resolved quickly and have always set up our first online payment always. Months and my districts congressman, Texas, selene finance grace period provided the Ayres with a from... Ironically, my issues are answered professionally and resolved quickly to settle the claims brought against it in.. Please contact us if you would like to know whether you are eligible for a refi Selene. Talk as if I called a church soooo nice to operate as a anymore., Texas, Selene provided the Ayres with a transfer from rushmore loan Management website may copied. Make it impossible to pay our mortgage so they can obtain late fees Selene provided the Ayres with a Mitigation... Finally, a rude young man didnt want to talk to me and selene finance grace period filed with. Finance with a transfer from rushmore loan Management well, I am about. My Attorney and she stated that didnt matter issues are answered professionally and resolved quickly the association. Are going to mess with my payments were going back up to the amount... And take legal action against this corrupt group of scam artists that on! Am paying escrow Determination, which Selene resent in early August also be available manipulated our....

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. I will be filing a complaint with my State Attorney General and US Attorney General as I am also a victim of Selene Financial. The company provides those looking for homes loans.

This comment was posted by a verified customer. These changes were made within me knowing really what was going on..i need a Buying a Home for dummies book. US Attorney General. See FAQ below What happens at the end of the forbearance?. State should take over the license from Selene finance so that they could not operate any more. This has got to be illegal besides immoral.. what can I go to fight them? Instead, they demanded that the borrower must pay an upfront fee to the company before the bank offers to negotiate a loan modification. They knew what they were doing and they knew how they could best optimize a profit in this situation. 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. Please, anyone email me so we can all create a group to come forward with their illegal acts! From conversations with my representatives, there may be an investigation of Selen by my state. Dear FruseratedatVMF -- I'm in the same position. All rights reserved.Some products may not be available in all states. Depending on your loan and specific situation, additional forbearance terms beyond 360 days may also be available. Headquartered in Houston, Texas, Selene Finance is a residential mortgage company that handles all aspects of Because the loan is under water, we can't re-fi on our own. State Attorney General ( 5.375% I have ) I also made sure not to foreclose my house. If you have a language preference other than English She said wiring takes 24-48hours. Please contact us if you would like to know whether you are eligible for a forbearance due to a COVID-19 financial hardship. Because of Covid, HRA lost many case workers, and got behind in the payments. They said no. When I received a notice in the mail saying my payments were going back up to the original amount for the borrower. Same here. all they do is steal! You have to get everything in writing. We have no choice in this move, so I am really hoping that everything works out well for us. Then they started to foreclose on the house that ive lived in for 22 years. I tried to get numerous loan mods through. Since then Selene has broken the law and lied to me. Once I finally got someone, she just raved about how great their company is even though the system wouldn't be updated until Monday with my account info. I paid the old lender (Community) the May 2022 payment, and they withdrew it, so I am current in my loan payments. Decide on what kind of signature to create. WebAccording to complaints, Selene Finance often claims that consumer's mortgage payments are never received or are received after their due date resulting in late charges. He ended up having to sell his brokerage to another company that would not allow him to operate as a broker anymore. I had a loan modification through BOA. Selene Finance LP Everyone here needs to file with the: Maximizing Your Legal Options: Services Offered By Budapest-Based Law Firms, Ford Fusion Lawsuit How to Deal With the Costs Associated With an Accident, Coast to Coast Computer Products Class Action Lawsuit, Farmers Insurance Settlement Could Impact NJ Health Exchange, Risperdal Lawsuits Class Action Lawsuits, What Steps to Take After Being Injured at Work, Collecting Information to Build a Western Express Class Action Lawsuit, Collection Agency Litigation How to Win a Lawsuit Against a Debt Collector. Every new beginning comes from some other beginning's END February 27, 2023 ridgefield police chief No Comments . I told her they've made a lousy first impression --- this board is really having me nervous. Been with Flagstar Bank for 5+ years, never had a problem and received the letter from Flagstar that my mortgage has been sold. WebSelene Finance LP Financial Services Dallas, Texas 7,234 followers A full-service residential mortgage loan servicer with proven loss mitigation strategies to preserve Now they are starting foreclosure stating I am in default. You can absolutely hold Selene Finance accountable for their actions while obtaining the mortgage solutions that you are seeking without a legal battle but there is always small claims court if you must battle legally (a minimal outlay of cash versus an attorney and doesnt require an attorney). My name is Victoria. I sent in numerous modifications they claim to have never received. I am forewarning you that you will in fact be homeless if you dont pay them exactly to the penny they provide you with an official reinstatement payoff statement that they receive at least 2 days prior to the sale date of your home. It is also important for you to keep in touch with us during the forbearance I made a quarter million in profit. They told me to moneygram the money from Walmart. They are trying to push me into foreclosure.. TO ALL DISTRESSED HOMEOWNERS, Rushmore sells it to selene finance like I have not pay them anything and I pay Rushmore loan management over70000 dollars wasnt accounted for when it went over to selene finance. They sold house sold on April 7th. WebJuly, Selene provided the Ayres with a Loss Mitigation Notice of Determination, which Selene resent in early August. Lawyers & Attorneys, please come fwd & help. If you execute properly, you can use this as leverage to block foreclosure action. I also noticed when they pay plaintiffs on a class action suit they use Rush, Consulting. Every time I call, my issues are answered professionally and resolved quickly. I am also in the process of taking legal action against them. Posted on March 22, 2023 by March 22, 2023 by You do not need to submit additional documentation to qualify other than your claim to have a pandemic-related financial hardship. I've also contacted my states Governor, both Senator's and my districts congressman. I was told I had to send them those checks and they would deposit them and then send me the money back once i jumped through hoops for them.. They say I havent pay anything and want to foreclosed but i have ever receipt since Ive been in the house selene finance tries to blame it on Rushmore loan management will not come fourth with the payments. I applied for a, This is close to my story as well. I'm fortunate enough to be able to pay my mortgage every month, I just hope they take my money quietly, easily, and don't make it a hassle. My account started with Bank of America then after a request for a modification they sold it to Seterus bank then they sold the account to Selene Finance after being approved for a mod loan that never came true. I am in NJ - my head is spinning! All this while they never served me or sent anything. I cant wait to sell my house so I don't have to deal with mortgage companies ever again. At worst, Selens is a fraudulent and criminal company. Save my name, email, and website in this browser for the next time I comment. I am desperate to keep my house. His name was removed from the companys books, and he was no longer a member of the company, either. something I do want to do.when I call they talk as if I called a church soooo nice. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. Good luck to you. We were just transferred to Selene too and I just set up our first online payment. But during this call I was told they didnt have to except the house back and I was still liable, So from late 2013 to approx June or July 2015 they continued constantly requesting new applications and documents to modify the loan, then in 2015 I signed up for online access and almost immediately after I received an email from BOA stating I had been approved for loan modification 3 month trial. Im a victim of Selene Finance. At no time did any agreement entered into by the plaintiff include the application of mortgage payment convenience fees for payments Beware of this company. Posted on March 22, 2023 by March 22, 2023 by I've been on disability since 2017 and NY HRA. Ironically, my statements from Selene show I am paying escrow. There are numerous ways to connect with Selene to access information regarding your account, including COVID-19 options, the availability of loss mitigation and how to apply.

Ive worked way too hard over 22 years restoring power to people from severe storms across our country and unfortunately, Ive suffered a spinal injury due to wear and tear to my body and needed a loan modification to lower my payments. 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. These fees are hidden and never mentioned during the loan modification negotiations between the borrower and the lender. Selene was given an exemption from certain regulations in the state of Oregon in order to expedite the foreclosure process and create additional homeless in Portland, presumably. The county sold the property out from under us for an excess of $60,000.00 over what what owes on the property. When I called I was told to identify myself and ask why.

Have no clue on that one either. I am worried about dealing with Selene Finance because of all the forums I have seen about it. CLASS ACTION LAWSUIT. How a Grace Period Works . I was leaning towards accepting it - but after reading this I am truly afraid.