Previously, the title company only performed REO work for Selene but has since expanded to other clients and expanded its functionality. 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. ********* ****, Attached is Selene's response to the mortgagors complaint. Email us at LoanResolution@SeleneFinance.com. With just over 500 employees and offices in 4 states, Selene collects payments from thousands of homeowners with distressed loans. Please disregard previous submission - 0a0b60bf-61d0-11ed-ac75-0e63a05a1194. 3501 Olympus Blvd 5th 500. It is imperative that you tell your story, recent news has indicated that Selene Finance has now acquired over 72,000 new loans, that my friends, is scary. Selene Finance Foreclosure Information Selene not reporting mortgage on credit report; I've had my mortgage with Selene Finance for 5 years; Selene Finance Know Your Rights; Selene Finance Shortsale Nightmare; Timely Payments, Selene Finance Screws Up Loan; Selene Finance . Filing complaints with my states attorney general in the morning and have a meeting with attorney in the afternoon. Copyright 2023 The Stop Foreclosure Attorney | Powered by The Stop Foreclosure Attorney, Automated page speed optimizations for fast site performance, Can You Keep A Mortgage In A Dead Persons Name. In Aug. 2013 I received a letter stating my mortgage was now owned by a Trust and Selene Finance was the loan servicer. Someone was also calling our real estate company trying to get information from our agent regarding the property. Box 71243 Philadelphia, PA 19176-6243 Payments - Overnight Delivery: Selene Finance LP ATTN: Selene Finance Lockbox Processing 100 Grove Road, Suite 6 West Deptford, NJ 08066 *Please include your loan number on the check or money order MoneyGram: Selene accepts MoneyGram payments. Being detained. Is It Too Late to Save Your Home When You've Received a Writ of Possession? 3501 Olympus Blvd Ste 500, Dallas, Texas, 75019, United States (877) 768-3761 Selene Finance LP Profile and History Founded in 2007 and headquartered in Houston, Texas, Selene Finance is a residential mortgage company. The plaintiffs also claim Selene imposed policies with excessive amounts of coverage, and as a result mortgage borrowers had to pay more in premiums than they should have had to. Yes another victim of Selene Finance. BBB Business Profiles generally cover a three-year reporting period. This $100,984 EMV 2 Beds, 1 Bath, preforeclosure property located at in National City, . Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. Why weren't we notified of the auction so that we could have cured the situation then? The suit alleges that the individuals were misled and defrauded by the company. Thank you. It was nice when the break-ins stopped and the person messing with the door locks was no longer active. When I tried to make payments, they continued to refuse my payments and even returned electronic payments received. We have the money I just need a payoff. 1441 Petition for Removal- Breach of Contract: Our audit objective was to determine whether Selene processed delinquent loans in accordance with HUD's requirements, especially Loss Mitigation program requirements. After receiving documentation that they were my new loan providers, I immediately contacted Selene to resume my payments through them (as they advised in the notice).
TO: Selene Finance. I told her that I wasnt interested and that I would call the mortgage company to get things straightened out. selene finance foreclosure listings. You did not go through the foreclosure properly, because we were not notified. They also told me that Selene has to call them directly to figure this out. This successful loan modification is another example of why it's so important to hire a foreclosure defense attorney when you can't pay your mortgage. This is the worst mortgage company ever. 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. They refuse to give any information to their own Realtor, let alone mine. Phone: 877-735-3637. Address the Support section or contact our Support group in the event you have got any questions. Wells Fargo had us in foreclosure, then we filed bankruptcy to save the house and they sold to Selene. I thank God those people were not there when I was. The only way to get out is to fight to the end. This seems criminal to me. My issue was not acknowledged or resolved. for assistance with Selene Finance contact me at 310-564-6389 Brett@ishortsalenow.com ; www.ishortsalenow.com. International Association of Better Business Bureaus. 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 David Greene shares the exact systems he used to scale his Request a free trial. The day after the last trial payment was made the loan was sold to Selene. A lender must deliver a note to the borrower stating that he or she has defaulted in meeting its obligations. This is how it gets to be known as a competitive bidding affair. At this point I decided to live there with my mom. We never thought wed be where we are at this stage of our lives.
I completed my 3 month trial payments w/Selene plus 6 more on time payments over the phone. Free Review of Notices of Intent to Foreclose in NJ, Can a Bank Foreclose on a Property if the Homeowner Dies? Selena Finance has a policy of holding all homeowners in custody until the courts have had time to rule. The reason that I can help is I originally started doing this as a way to do foreclosure prevention for the homes in my area because our foreclosure rate had doubled by 50% let alone in 6 months. Also each time I call I get a difference response of what is going on. Initiation la plonge; Niveau 1 : Open Water; Niveau 2 : Advanced; Niveau 3 : Divemaster Feel free to contact us at any time. There was . We cant get a home equity loan. But i have some good news that may just help us all out. I also sent them the bankruptcy discharge paperwork to show I am no longer in bankruptcy because I have called them numerous times and they would not speak with me. 207 E. Canyon St., Colfax, WA 99111. What this means is that, the bank gives the home back to the home owners after they have been given a court date and shown the money to be needed to stay in the home. I looked today and found that the deed had finally been filed and another trust now owned my home. Now the annual inflation rate is climbing. Selene Finance Complaints Loan transferred to Selene and they show me two months late when I am not. They lost one of are payments and it's been 2 months I sent proofs. Under this plan, the homeowner pays $700.66 monthly starting in September 2013; a 22% reduction from his original terms. I begged them to please give me another chance. When Selene Finance makes a mistake in your mortgage loan, you need to know how to handle it the RIGHT way or you'll risk foreclosure and losing your home. At worst, Selene is a fraudulant and criminal company. My house is going to auction next week. I have been sending an additional 1000.00 a month to be applied as additional principal on my mortgage. I live in the residence with my four children. buying two houses per month using BRRRR. It is foreclosure by lieu of foreclosure. I worked for a national law firm for 10 years and what they charged was outrageous. We were then informed that my husband's Ex-Girlfriend had to sign the mortgage paperwork because she was on the loan. Pretium is an investment management firm focused on real estate, mortgage finance and corporate credit. 20 Selene Finance Foreclosure jobs in Irving. All else is accurate and account for my income and debt - my only debt is the house and my monthly car payment of $374. Executive Resolution Team
The suit seeks damages totaling $75 million. My mortgage was sold to Selene in July of 2021. Bank of America. We ask that you respond so that we can understand why it would seem that you have tried to keep us from fixing the situation - as your company states "this is to collect a debt" and we have the money to pay it! Due to the volume of complaints filed against this business, BBB only publishes the details for 30% of the total complaints filed. He had informed me that the only way he was going to leave the property was in a box. 134 reviews of Selene Finance LP "I'm in the process of buying a house that this company owns. We reviewed Selene Finance, LP's servicing of its Federal Housing Administration-insured loans and its implementation of the U.S. Department of Housing and Urban Development's (HUD) Loss Mitigation program. 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. (Filing fee $ 402 receipt number 0540-8429702), filed by Wilmington Savings Fund . The company subservices a diverse group of third-party clients from small, mid-tier and large banks; private equity firms; hedge funds; REITs;. Selene closed its office in Horsham, Pa. in 2020. von | Jun 17, 2022 | ruby tuesday university blvd closed | | Jun 17, 2022 | ruby tuesday university blvd closed | Report this post. Because when you file Bankruptcy the lender can not take payments from you. In talking with our lawyer, we believe the Trustee Deed is invalid. I then had a year long battle with them and finally lost my house on June 9th. This was the beginning of a nightmare. I am just now reading this. The price of the house can reach up to 90% below market value. Featured review. I was told by Jason at Selene my account rep that they would modify after 2 years of trying. Selene Finance LP employs 505 employees. Dear Sir or Madam:
Plaintiff: SELENE FINANCE; Defendant Name: BLAUM STEVEN; Recording Date: 05-04-2015; Last Sale Amount: $273,500; Last Sale Date: 09-11-2006; Trustee Name: MILSTEAD AND ASSOCIATES LLC; . At best Selene is a poorly run company. Selene Finance has absolutely no intention of helping you, only removing you from your home and turn a profit for the investment company/bank they are working for. I have a couple of really good asset managers that have been assigning me properties. The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Ironically, my statements from Selene show I am paying escrow. 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. On Our Foundation. I have done all correctly, on time, have the income, and have been wrongfully denied. Selene Author August 29, 2022 Selene Finance is a special servicer of nonperforming, re-performing, REO, and performing loans. SELENE FINANCE LP: 10/04/22: 11/01/22: Preforeclosure: 03/26/22: 04/05/22: Preforeclosure: SELENE FINANCE: 03/22/22: 04/05/22: Preforeclosure: SELENE FINANCE LP: 03/16/22: 04/05/22: . 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. SELNE is a D rated company according to BBB, that took over our mortgage and we have been having problem ever since. They are great to work with. Now here it is 2022, were $35,000 in the arrears. TO: Selene Finance. 9990 Richmond Avenue, Suite 400 South. Search job openings at Selene Finance. I never know for sure when I will be home but when it was usually five times a week. The kicker is that we are both over 50 years young. They must be the ones that hurt us so bad and lead us on to believe that we could pay off our house and all would be okay. Selence Finance lied to me about the original deal. We thought it would be a good time to refinance and get a lower interest rate. Others said that they didn't know it and others said that we were not allowed to talk to the LRD. 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. We asked for the payoff but got a reinstatement instead. PO Box 1365, Pullman, WA 99163. No one can explain where the extra money is coming from. Upon reviewing this web site, I have reason to believe that they may be targeting a select market of homeowners, in particular those who are having financial difficulty, ILL OR Elderly, or those who have owned the home for over 5 years#EQUITY. Selene Finance Foreclosure Information We got approval for the payoff which was one of the Selene employees estimated it to be $48, 000.OO. Welcome - ImCovered. As a matter of policy, BBB does not endorse any product, service or business. Selene says i am 2 months behind and that they never received the August payment from the Ohio save the dream program. Get NEW Foreclosure Listings sent to your inbox. Then my loan sold to Bank of America. Selene Finance LP was the only one ccd to ever complain about missing documents or signatures. 205 total complaints in the last 3 years. Selene Finance LP ATTN: Cashiering Department P.O. I bought my home in 2008. in 2019 Selene Finance bought my mortgage from my previous loan servicor. We completed and faxed, e-mailed, and certified the same copies of the same paperwork constantly. Sign it in a few clicks Draw your signature, type it, upload its image, or use your mobile device as a signature pad. So I then filed Bankruptcy to stop foreclosure once again. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. I ask respectfully that Selene look at my true financial picture before they make a determination on my request. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. They will help you through every step of the way. Selene Servicing finally granted a permanent loan modification in September 2013. A foreclosure when the bank failed to perform under the law. Click Done to apply changes and return to your Dashboard. With more than 500 full time employees, Selene Finance is a special servicer of nonperforming, re-performing, REO and performing loans and is able to service in all 50 states. Which literally has went up $3000 in one week just from alleged fees. Where are the supervisors? We suffered a hardship, then unemployment during COVID, and unbeknownst to us our house was auctioned. For a year now weve made every payment canceled checks and everything and they still say we owe them over 1500.00 even though we can prove otherwise. Mark called Selene immediately. In June 2013 I received a check from a class action lawsuit because of Wells Fargos illegal foreclosure practices. Life was different and my kids didnt know anything besides this being home!! The state of Nevada has made some changes to help borrowers who are behind on their mortgage payments. Cindy J Ziegler. I called to have the check reissued. Copyright 2001-2022, Ventanex. Foreclosure Specialist at Selene Finance LP. Selene Finance -. HQ. Not responding to your loan modification application within 30 days. Incorporation Date. Specialty loan servicing with a history of outstanding performance Learn More Learn More Full range of loan review and due diligence services led by an experienced team. It's been a lot of little things. This time a wrong date, next time a missing signature. 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. This employee said that it was sold August 17, but after talking with her supervisor she changes the date to July 17. Nothing ever was sent to either of us or the title company to allow us to pay off the house. In talking with our lawyer, we believe the Trustee Deed is invalid. real estate investing strategy that makes financial freedom The court has made no decision as to liability. We cannot and do not represent or guarantee a specific result in any given case. They need to be closed. In this book, author and investor I stay over the night with my clients at times as well. United States. The mortgage was with Rushmore and then it was sold Selene Finance. I have all these late fees. Read More. In short, they are extremly neglectful and lie! They reported that it may be necessary to issue another loan for the second check for the payoff. Spanky45067, Viewing 3 posts - 1 through 3 (of 3 total), Selene Finance Services Loans For Investment Firms, Loan Sold to Selene Finance and They Have STOLEN Escrow FUNDS, Please help!! When this happens, the defaulting bank is given the right to sell the house at auction if no other bidders step up to buy it. Our lawyers were able to save his home and he is enjoying his retirement in peace. I have been working on a mortgage loan modification with Selene since August of 2022, Mortgage Account #: XXXXXXXXXX. Where is the homeowners assistance program department that is supposed to deal with these payments? $47,827.46 will be deferred from his principal balance of $137,826.46 -- the balance is now $90,000. Selene Finance - loss draft department. Be vigilant. *In Canada, trademark(s) of the International Association of Better Business Bureaus, used under License. A retiree retained our law firm in mid-2012, he was over 2 years past due on his $900.00 mortgage payment to Selene Finance, and had already undergone several lifetimes' worth of trouble with various mortgage lenders. 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. The judge in my case ordered we work to modify the loan to make it more affordable for my children and I to remain in the home until my children graduate HS, especially as my youngest is in a special program. for assistance with Selene Finance contact me at 310-564-6389 Brett@ishortsalenow.com ; www.ishortsalenow.com. We have helped over 7,000 homeowners fight back and keep their homes. Selene Finance is a residential mortgage servicing company. 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. Fast forward to January 2021/2022. Oh, and by the way if you hire a paralegal make sure they are not an attorney that has been disbarred. The Selene Finance LP management team includes Joe Davila (President and Chief Executive Officer), Katie Brewer (Chief Operating Officer), and Patricia Hobbib (General Counsel) . This website has been many years in the making. The property has been on the market for 90+ days. My salary will also raise to $142,000 in January (as we just had our annual review/merit raise notices). They said my note was not escrowed which was incorrent. Please join me in posting your Selene Finance story. The title company paying off the loan for us (Latah Title Insurance) tried to contact Selene around May 7, 2021. Case Digest Summary. Contents [ show] A federal judge has dismissed a lawsuit accusing Houston-based mortgage servicer Selene Finance of breaching an agreement to modify a New York state woman's mortgage loan and help her stay in her . But I have not been refunded the money I overpaid. Rearrange and rotate pages, insert new and alter existing texts, add new objects, and take advantage of other helpful tools. Being removed from the home. 1mo. Internet search reveals that this trust has the same address as Selene Finance. 10 Cities Near Edinburgh, I put an offer in on one of their properties and they countered but no where close to my offer. We completed and faxed, e-mailed, and certified the same copies of the same paperwork constantly. Why were we promised payoff so often and received nothing? I needed to take a forebearance in 2020 when my employers closed doors and shut down due to the COVID-19 pandemic. Connacht Tribune Death Notices, We suffered a hardship, then unemployment during COVID, and unbeknownst to us our house was auctioned. They agreed to be an advocate for me & help get through to a "live person". 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. Close. Posted Dec 26 2017, 05:48. Whitney Wheeling, et al. January 27, 2012. 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. in order to address Mr. ****'s concerns, we respectfully request he provide a valid Selene account number and/or the property address. real estate business from buying two houses per year to Not a lot of activity in this group. What Fees Are You Charged in Foreclosure? Selene Author October 12, 2022 Blog 4 Ways Residential Real Estate Investors Can Benefit During High Interest Rates The low-interest rates residential real estate investors have taken advantage of over the past ten years suddenly came to a screeching halt in 2022. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. Were currently working with the State of NJ and will see this resolved sooner or later, one way or another. Selene is a Standard & Poor's, Moody's and Fitch rated Prime, Subprime and Special Servicer for Wall Street, Private Equity, REITs and GSEs. He has now filed Bankruptcy to over 46 different people. Disabled vet forclosed without knowing they were my morgage company, Can someone help? Doing Business As: Selene Company Description: Key Principal: Joseph Davila See more contacts Industry: Mortgage brokers arranging for loans, using money of others Printer Friendly View Address: 3501 Olympus Blvd Ste 500 Coppell, TX, 75019-6295 United States See other locations Phone: Website: www.selenefinance.com Actual Modelled