As we were explaining about the hardship, we had renters that shared the extra rooms in this house, and it cost us over $1000 lawfully evicting these renters that had made a mess of the house and stop paying rent for the past two years. 1441 Petition for Removal- Breach of Contract: I paid my mortgage account off on August 17, 2022. We never thought wed be where we are at this stage of our lives. After talking to a couple of realtors I realized I would have to rent it out because I was not moving back in just to move right back out again. I accidentally attached the wrong file. On the day that the letters were to be delivered, the mail carrier didnt even bother to pull in my driveway to deliver them to me or even notify me that they were there or I would have absolutely driven to town to pick them up. 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. Refusing to accept your mortgage payment or. We had received no follow-up call. You are allowed to negotiate with the bank and the Selenium Foreclosure Home Foreclosure team about your options and whether or not it is better to leave the home alone or save it. I figured I had nothing to lose and gave then a call. But they could not set it up from my bank account to their mortgage department. Disclaimer: These results should not be taken as a guarantee, as each case is unique. SELNE is a D rated company according to BBB, that took over our mortgage and we have been having problem ever since. Now again as of last week they have initiated the same circumstances upon us and they are saying that as long as we use bill pay this will keep happeningeven though we can prove our payments are arriving on time. Selina Finance states that their foreclosing process is not a direct sale. Selena Finance has a policy of holding all homeowners in custody until the courts have had time to rule. Selene Finance Complaints On Our Foundation. 10 Cities Near Edinburgh, 1mo. This allows these big banks to avoid the legal sanctions and the media attention that has followed them for their "robo signing" and illegal foreclosure practices directing the . We are one of the few sub-servicers that has end-to-end servicing capabilities for both performing loans and non-performing loans. 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. The default servicing industry is in a state of transition, according to Larry B. Litton Jr., CEO of . I live in the residence with my four children. Hi, I wanted to know if anyone on here has purchased a REO from Selene Finance? They also told me that Selene has to call them directly to figure this out. 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. I filed my Chapter 13 bankruptcy on 08/02/2019 and it was discharged on 07/29/22. I called selene finance and changed my address with them so they could send the refund to the proper place. All defendants continue to deny the plaintiffs' claims. Phone Number (800) 735-2989. 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. I have called at least 5 times and spoken to several people who I have told my story to and they all tell me something different. We even got an insurance form from Selene t's o help me on 16 July. I can afford my own mortgage. Its been a lot of little things. How did it go? Fortunatly the AG in my state is helping to resolve this. 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. 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!! 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. In foreclosure, the home owner finds out that the bank has gone into default without warning or just prior to the foreclosure. Where is the homeowners assistance program department that is supposed to deal with these payments? Selene Finance is messing up my credit because it's showing past due amounts. Cindy J Ziegler Selene Finance LP has unscrupulous and deceptive practices. Selene gave me all the options and presented the best alternative to keep my home. I bought my home in 2008. in 2019 Selene Finance bought my mortgage from my previous loan servicor. . 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, This topic has 2 replies, 3 voices, and was last updated. real estate investing strategy that makes financial freedom I haven't had much experience in reality but I know that no one should be treated be such open disregard. Get Contact Info for All Departments. Why? Reimbursement is 7-10 days. Incorporation Date. Selene then sent a Notice of Default and Intent to Accelerate dated April 4, 2022. We were given two other dates after we did not receive the payoff on June 23 and that was again on July 5 and yet again on July 12. The first offer was a higher monthly payment. von | Jun 17, 2022 | ruby tuesday university blvd closed | | Jun 17, 2022 | ruby tuesday university blvd closed | So I then filed Bankruptcy to stop foreclosure once again. Fitch does not publicly rate Selene Holdings, LLP's credit and financial strength. I am in the midst of this horrible experince and concerned about what will happen next. I put an offer in on one of their properties and they countered but no where close to my offer. They lost one of are payments and it's been 2 months I sent proofs. Disabled vet forclosed without knowing they were my morgage company, Can someone help? Read More Contact Who is Selene Finance LP Headquarters 3501 Olympus Blvd Ste 500, Dallas, Texas, 75019, United States Phone Number (877) 768-3761 Website www.selenefinance.com Revenue $88.7M 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. For Borrowers Selene Finance Selene is a specialty loan servicer with a history of outstanding performance, offering full-service capabilities supporting all aspects of residential mortgage servicing. Auction location. 207 E. Canyon St., Colfax, WA 99111. You did all of these dubious things behind our back and to keep us occupied with the promise of payoff that never came so you could sell the property to someone else. Hey everyone sorry to hear that your case did not go well. See our About Us page for our qualifications and experience. Re: loan number 710-3112 Date: 8/20/2021. It opened for business in 2007, has 108 employees on staff, and is managed by its President, Karen Bellezza. My mortgage was sold to Selene in July of 2021. Welcome - ImCovered. See ECF No. My loan was sold to selene financial. 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. The November money order was sent to "Selene Finance LP, 9990 Richmond Avenue, Suite 400 South, Houston, TX 77042." 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. Thank you,
Selene instead applies that amount to my next months payment, contrary to my loan agreement. Founded in 2007, Selene is the parent company of Selene Finance LP ("Selene Finance"), a residential mortgage servicing company. 9990 Richmond Ave #400. Thank you, ******, Dear Sir or Madam:
If you are in default of your mortgage, it is still best to contact the bank and work out an amicable solution. In fact, how a business responds to customer complaints is one of the most significant components of the BBB Business Rating. My husband is now estranged and I have paid the mortgage in full on my own (and the HELOC that he opened and is with BofA), and on time for over 2 years. They started sending foreclsure notices. This man charged me and over 25 other people to go against Bank of America and didnt file an appeal so we all lost and once again our houses went into foreclosure again. 9990 Richmond Ave #400. I started looking for a 3rd job (already had a full-time and part-time job) but was exhausted after each application I filled out. We asked for the payoff but got a reinstatement instead. Where in pre foreclosure because of it. In Aug. 2013 I received a letter stating my mortgage was now owned by a Trust and Selene Finance was the loan servicer. They will help you through every step of the way. Company profile page for Selene Finance LP including stock price, company news, press releases, executives, board members, and contact information How did it go? Bank of America. We first contacted Selene and put in the paperwork for a Loan Modification in 2016. It took me a day and a half to finally figure out that not only did I not know that a different company had acquired my property but it had gone through foreclosure without me even knowing that it was happening. I then had a year long battle with them and finally lost my house on June 9th. Learn More. I received a call from SIG/TARP they are the government office investigating financial institutions and services for violations against the HAMP and HAMP programs, they are currently investigating Selene Finance. (Sales figure is modelled). The house has been paid off in full. Quali Valori Del Sangue Altera L'alcol, So I made a change and began my company. Several months ago they sent us letters and began calling about a late payment. Home Forums Submit Your Selene Finance Horror Story Selene Finance Foreclosure. All rights reserved. MHA has a hotline you can call anytime: 1-888-995-HOPE or TTY 1-877-304-9709. Millions of people receive foreclosure alerts daily, don't miss out. 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. Selene took over my loan from Bank of America in March 2022. BBB Business Profiles generally cover a three-year reporting period. We completed and faxed, e-mailed, and certified the same copies of the same paperwork constantly. Our lawyers were able to save his home and he is enjoying his retirement in peace. First I would like to point out that my family and I not only live at this property but my business is conducted on the property also! and husband whom I had not gotten to leave yet, even though at the time of posting, I had been telling him for months, that we were over, and that I wanted him to leave. Worst finance company EVER! (Updated 2023), Pursuing a foreclosure or sheriff sale while your loan modification application is still being reviewed (also known as. After numerous attempts to fix the issue with them, they told me that unless I started an automatic payment with . My husband and I talked with Selene that we were trying to get a loan to pay off the house. Our Home Retention Department began working with the homeowner to assemble a loan modification package, and our legal team set out tostop the foreclosure lawsuit. How To Stop A Foreclosure Auction Immediately, How To Stop Foreclosure At The Last Minute, Can You Stop A Foreclosure Once It Starts, How Can A Foreclosure Process Be Temporarily Stalled. Selene provides certain ancillary services that include title work (Selene Title LLC) and a separate due diligence advisory firm (Selene Diligence LLC). In doing this I was able to access records to lenders that most people werent able to see, Ive been to law school but I dont want to be a lawyer but I also do have the pass experience of working for Wells Fargos foreclosure team and I do have access to their foreclosure manuals so speak. Why weren't we notified of the auction so that we could have cured the situation then? PO Box 1365, Pullman, WA 99163 Sincerely,
I was living there at the house at that time, paying the water bill, electric bill, and insurance. 207 E. Canyon St., Colfax, WA 99111. Selene's Larry Litton on the Rise of Smaller Special Servicing Shops. Selene Servicing finally granted a permanent loan modification in September 2013. I can't get through their automated system sometimes as I no longer have an active loan with them. New Construction Homes Raleigh, Nc Under 250k, So now I was on the hook for the payment that were not made during lawsuit. They also told me that nobody bought my home at this foreclosure sale so the property remained in their possession. Fax us at (866) 926-5498. 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! I keep getting the usual run around & I'm fed up. Pretium, an investment management firm focused on real estate, mortgage finance and corporate credit with over $10 billion in assets under management, today announced that it has closed its previously announced acquisition of Selene Holdings LLC ("Selene") from funds managed by Oaktree Capital Management, L.P. and Ranieri Partners LLC. A subscription to PACER is required. Thank you,
If they violated your HAMP modification by putting your house up for sale during your pending modification application, or denied you modification, or claimed they didnt get your paperwork and if you didnt get your actually HAMP modification and ended up with their in house version of your HAMP this would be the tome to let them know specifics, lie how long they strung you along, how many times you applied. During this time our home was broken into three different times severely ruining the door. Please see the attached response. They are very non helpful and threatening. All else is accurate and account for my income and debt - my only debt is the house and my monthly car payment of $374. I hope you will look with a fresh eye at my documentation and work with me to protect my credit and develop a workable solution, so that I am bot forced from my home and/or have my credit ruined for no reason or fault of my own. 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. 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). Contact Us. Dear Dispute Resolution Team:
I ask respectfully that Selene look at my true financial picture before they make a determination on my request. Being detained during a foreclosure is the worst-case scenario that a Selenium Foreclosure Home Foreclosure faces. Click Done to apply changes and return to your Dashboard. All we said repeatedly is that we wanted to pay off our house and take care of this loan. Sign up or log in to see more records. N.A.C.A did get me through to Selene & I had to accept their shady extremely unfair loan modification. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. Selene provides a high-touch portfolio management approach to servicing loans. BofA came back with a higher rate, and I was working with them to try and lower when the mortgage was sold - this can be confirmed by both of the above parties from Bank of America. Invest in real estate and never run out of money! Close. 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. The title company had provided me with a photocopy of the posting in the newspaper but I felt that with something of this magnitude I should have been personally notified. I completed it and sent it back with all of my information they requested to start the process. This means that the bank can come in and put the house up for auction for as low as a fraction of what it really is. (The consumer indicated he/she ACCEPTED the response from the business.) $47,827.46 will be deferred from his principal balanceof $137,826.46 -- the balance is now $90,000. I love working with Selene! Rating Action Commentary / Fri 30 Mar, 2012. I called to follow up on my loan application and this was the start of a never ending battle between myself and Selene Finance. The price of the house can reach up to 90% below market value. I thank God those people were not there when I was. Our interest rate was over 11% in 1989. SELENE FINANCE LP 9990 Richmond Avenue Suite 400 South Houston, TX Houston, Texas USA. Can I Sell My Home To Stop A Sheriff Sale? 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. We gave you confirmation that we had the money. The hiring of a lawyer is an important decision that should not be based solely upon advertisements. If you have an FHA loan, call the FHA National Servicing Center at 1-877-622-8525. I just received a letter from Selene Finance saying intent to accelerate. Cohen said she was thrilled when Oaktree's servicer, Selene Finance, bought the loan, lowering her payments to $800 a month. This has made the bank in violation of the right of the loan to collect. So type SIG/TARP look the up, contact them as soon as possible flood their office with emails and calls, and if you still have a copy of SELENES RIDICULOUS MODIFICATION make sure you get it to them. Type Private Status Active Be vigilant. You can also find a foreclosure avoidance counselor in your area. I received my check from insurance company on 7/14/15. Selene Finance is a residential mortgage servicing company. We first contacted Selene and put in the paperwork for a Loan Modification in 2016. 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. I then told them that my mother wanted to buy the property from them at which time they informed me that she was not allowed to do so. $47,827.46 will be deferred from his principal balance of $137,826.46 -- the balance is now $90,000. She told me some investor bought it. To obtain assistance, simply notify us in any of the following ways: 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. The complaint has been investigated and resolved to the customers satisfaction. Selene Finance LP P. O. Report this post. 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. We thought it would be a good time to refinance and get a lower interest rate. There are common complaints against Selene Finance Foreclosures Process they include: A foreclosure in the county where the mortgage was originated. PO Box 1365, Pullman, WA 99163. Close. No one bought it. We completed and faxed, e-mailed, and certified the same copies of the same paperwork constantly. Selene Finance has an overall rating of 2.3 out of 5, based on over 52 reviews left anonymously by employees. I finally received the requested information. Selene employees would often talk about the LRD committee that makes the decisions, but only one promised us a phone number that never responded. Comment by Wendy Smith on June 8, 2011 at 2:51pm. Issues: This was a pretty straight forward Kissimmee Florida Short Sale. But yet took double payments so they said when they were supposed to write off 95,000 off my loan and gave me a new loan at a lower rate and payment just so I would not just walk away like everyone else had done. REO Asset Manager at Selene Finance LP . February 7, 2020. My gross income is $137,500 (it will rise again in January), and I am an Assistant Dean at Boston University. SELENE FINANCE, LP branch Company Number 6147241-0181 Status Active Incorporation Date 10 March 2006 (almost 17 years ago) Company Type Limited Partnership - Foreign Jurisdiction Utah (US) Branch Branch of SELENE FINANCE LP (Delaware (US)) Registered Address 9990 RICHMOND AVENUE STE 400 SOUTH HOUSTON, TX 77042 United States Industry Codes Your email address will not be published. I am for joining a class action lawsuit. 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. Go to the Documents tab to access merging, splitting, locking, or unlocking functions. Even when I call Selene - and to which I have been many times put on hold by the auto answer, waited, and was then hung up on - they tell me the monthly payment due, but won't let me make it. Cindy J Ziegler. He also used our money to pay his personal expenses which is against the law. We later found out that this was the action of your real estate agent working for Selene. During the review period, loans in foreclosure and REO. I also noticed they do not send these accusations in writing, but call and talk to me or my ill father and in a disgustingly rude manner. They just transferred it to yet another of Bank of Americas holding trusts registered in Delaware, where they get very favorable trust laws. Customer Reviews are not used in the calculation of BBB Rating. I emailed Selene Finance on 09/29/2022 and asked them why are they saying I owe approx 25,000. Document submission email: LoanResolution@SeleneFinance.com. Bank of America did not sell my mortgage because I did not accept the terms, I have spoken with *** ********, Officer, Resolution Specialist
The suit seeks damages totaling $75 million. Prior to COVID, I have always paid my mortgage without interruption. Any advice that any of you have for me would be GREATLY appreciated!!! This review was chosen algorithmically as the most valued customer feedback. Questions About BiggerPockets & Official Site Announcements, Home Owner Association (HOA) Issues & Problems, Real Estate Technology, Social Media, and Blogging, BRRRR - Buy, Rehab, Rent, Refinance, Repeat, Real Estate Development & New Home Construction, Real Estate Wholesaling Questions & Answers, Rent to Own a.k.a. Meanwhile, I hired an attorney because I honestly felt that the foreclosure process was not carried out in a legal manner or I would have been aware that this was all happening. Selene informed us they had no idea how she got added to the actual loan and placed our mortgage under investigation in September 2022. 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: . 22 Selene Finance Foreclosure jobs available in Addison, TX on Indeed.com. Selene Finance LP P. O. Selene Servicing finally granted a permanent loan modification in September 2013. Life was different and my kids didnt know anything besides this being home!! When given the opportunity to take down lenders as Selene, who feel that they are Untouchable because they're smaller Out Of Reach and a lot of investors. Thank you. In October 2019, Selene Holdings LLC, parent company of Selene, was acquired by Mortgage Solutions Holdings LLC, a wholly owned subsidiary of Pretium Partners LLC ("Pretium"). It's been a lot of little things. Submitting a response indicates a willingness to work with customers to make things right. Well guide you through the process. (Updated 2023), What Happens to a Second Mortgage After Foreclosure in NJ? First they say they got the proofs then they say they didn't. They just demanded that I wait the proper time for them to issue a check with my refund. Soon, you will be receiving the newest, freshest Foreclosure listings. Money, Selene Finance - Mortgage / monthly payment department / accounting. Pretium is an investment management firm focused on real estate, mortgage finance and corporate credit. Will wonders never cease! Im also communicating with several other attorneys and filing complaints with the following organizations [Lone Star Legal Aid, which is organized to help low income Texans with their legal matters.]