If the state finds in favor of the borrower, then the lender has to give the borrower the opportunity to pay what is owed. I contacted N.A.C.A & explained my issues with Selene. 27, September Term, 2020, Opinion by Booth, J. 2023, International Association of Better Business Bureaus, Inc., separately incorporated Better Business Bureau organizations in the US, Canada and Mexico and BBB Institute for Marketplace Trust, Inc. All rights reserved. Report this post. And on a sad note I lost my home to foreclosure in December 2018 that I had owned for 25 years and while I was looking for information I ran across cold hard proof that both Countrywide an Bank Of America committed mortgage and title fraud, by directing my settlements funds back to them. The suit alleges that the individuals were misled and defrauded by the company. real estate investing strategy that makes financial freedom They said my note was not escrowed which was incorrent. Corinne Thomas. 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 auction was in April. Filing complaints with my states attorney general in the morning and have a meeting with attorney in the afternoon. We thought it would be a good time to refinance and get a lower interest rate. I am enclosing several review websites containing information all pertaining to the same pattern of complaints: https://www.bbb.org/houston/business-reviews/loan-modification/selene-finance-in-houston-tx-90014991, https://www.yelp.com/biz/selene-finance-houston, https://selene-finance.pissedconsumer.com/review.html, https://www.complaintboard.com/selene-finance-l1795.html. Our bank did not want to give us a check for the reinstatement as they reported they wish to pay the entire loan in full. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. [fa icon="folder-open'] Selene Servicing finally granted a permanent loan modification in September 2013. 205 total complaints in the last 3 years. This field is for validation purposes and should be left unchanged. Tutas Towne Realty placed it on the market May 27th at $79,900. You did not go through the foreclosure properly, because we were not notified. Its been a lot of little things. They finally sent the check to the address of the house I sold. Hello everyone, and welcome to TheVictimsOfSeleneFinance.org website. I completed my 3 month trial payments w/Selene plus 6 more on time payments over the phone. Nationstar foreclosures are listed on the Multiple Listing Service, on Auction.com, or by contacting a professional real estate agent. Now you may print, download, or share the form. We suffered a hardship, then unemployment during COVID, and unbeknownst to us our house was auctioned. I put an offer in on one of their properties and they countered but no where close to my offer. All rights reserved. They told me to put 15k down then payments would be 1700/mo. $40,000 a year. I have been sending an additional 1000.00 a month to be applied as additional principal on my mortgage. The attorney was able to attain documentation showing that they had sent me registered letters but the letters sat in the post office, unclaimed and got sent back. Disclaimer: These results should not be taken as a guarantee, as each case is unique. 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. After the forebarance period I was told I could either pay the total Forebearance amount back to Selene in full, apply for a Loan Modification, Short Sale or Foreclosure. I was told that they wanted to work with me. Selene employees would often talk about the LRD committee that makes the decisions, but only one promised us a phone number that never responded. Selene says i am 2 months behind and that they never received the August payment from the Ohio save the dream program. I owe. With just over 500 employees and offices in 4 states, Selene collects payments from thousands of homeowners with distressed loans. Refusing to accept your mortgage payment or. Is It Too Late to Save Your Home When You've Received a Writ of Possession? Selene Finance is a small finance company based in Houston, TX with only 50 employees and an annual revenue of $88.0M. Rearrange and rotate pages, insert new and alter existing texts, add new objects, and take advantage of other helpful tools. 1441 Petition for Removal- Breach of Contract: When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. Search 70 Dierdorf custom fireplace contractors & installers to find the best fireplace contractor for your project. Bank of America. Rather than focusing on the number of complaints, BBB considers how frequently and effectively those complaints are resolved. Selene Finance LP has unscrupulous and deceptive practices. Sitemap. Think its time they get slapped with a lawsuit. 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. United States. 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. Hey everyone sorry to hear that your case did not go well. Hi, I wanted to know if anyone on here has purchased a REO from Selene Finance? Don't forget to check your email often for new foreclosure alert emails. 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. I stay over the night with my clients at times as well. Canvas Miramonte Login, Oh, and by the way if you hire a paralegal make sure they are not an attorney that has been disbarred. This employee said that it was sold August 17, but after talking with her supervisor she changes the date to July 17. They reported that it may be necessary to issue another loan for the second check for the payoff. While with Bank of America, I had experienced COVID related hardships, and was approved for a payment deferment to be tacked at the end of my mortgage starting in February 2022. Employee (Former Employee) - Dallas, TX - October 15, 2022. ****** ******
Selene sent a notary to my house the week after for me to sign the loan modification documents. Selene Finance LP employs 505 employees. We went back and forth a couple of times but I feel the price is still to high. Then my loan sold to Bank of America. A subscription to PACER is required. See details. Selene's Larry Litton on the Rise of Smaller Special Servicing Shops. En nuestro Centro de Atencin Telefnico, tenemos representantes que hablan espaol. 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). I have a couple of really good asset managers that have been assigning me properties. Invest in real estate and never run out of money! Selene Finance Complaints Send written notification to us at: Selene Finance LP. The homeowner had been served foreclosure just before he retained us. I needed to take a forebearance in 2020 when my employers closed doors and shut down due to the COVID-19 pandemic. Selene's Larry Litton on the Rise of Smaller Special Servicing Shops. Relocation. I love working with Selene! This lawsuit represents the largest class action lawsuit ever filed in U.S. history, and it is on the verge of receiving a major breakthrough. I need someone to help me because Selene Finance is trying to take money from me when I no longer owe them. Correspondence - Regular. Comment by Shayna M. Bechtel on May 22, 2013 at 1:17pm. How did it go? They also told me that Selene has to call them directly to figure this out. Customer Reviews are not used in the calculation of BBB Rating. von | Jun 17, 2022 | ruby tuesday university blvd closed |. 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!! My bankruptcy plan was to pay my mortgage off in full. Apparently, our house had been sold? Life was different and my kids didnt know anything besides this being home!! Re: loan number 710-3112 Date: 8/20/2021 Our mortgage was sold from Shellpoint to Selene Jan 2022 - we had just finished an approved modification from Shellpoint December 2021, but apparently it did not transfer to Selene and they refused to accept our payments. He helps to bring awareness and teach homeowners about foreclosure defense and options to save their homes. Millions of people receive foreclosure alerts daily, don't miss out. In foreclosure, the home owner finds out that the bank has gone into default without warning or just prior to the foreclosure. Once the house goes up for auction, the public will have the chance to attend the auction and place a bid on the property. I told them if I had 15k I would had done this already. Thank you,
MHA has a hotline you can call anytime: 1-888-995-HOPE or TTY 1-877-304-9709. Not responding to your loan modification application within 30 days. I called selene finance and changed my address with them so they could send the refund to the proper place. Press Done after you finish the document. 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. 108 complaints closed in the last 12 months. The minimum amount due must be paid within forty days. I accidentally attached the wrong file. Not a lot of activity in this group. This is a property located at Mound St in Saint Paul, Minnesota. We got approval for the payoff which was one of the Selene employees estimated it to be $48, 000.OO. Now I knew why they cancelled the Trustees sale last Dec. Please see the attached response. No one can explain where the extra money is coming from. Website: www.selenefinance.com. Coppell. Yet this issue had hit our credit and I had to pay credit repair to fix ($99/mo). Any advice? The number of payments we are behind - he began the forbearances during Covid due to a steep decrease in commission (medical imaging equipment sales), which has since rebounded as this field is growing (expected over 6% over the next 3-5 years) - has grown only because Selene refuses to let me make payments while in modification. Lease Purchase, Lease Options, Tax Liens, Notes, Paper, and Cash Flow Discussions, Private Lending & Conventional Mortgage Advice, Real Estate Guru, Book & Course Reviews & Discussions. Selene Finance - helping people stay in thier homes, Selene Finance - fraud / not helping but taking, Selene Finance - Loan was sold to selene finance and they do not acknowledge the escrow account. Beware of mortgage relief scams. 22 Selene Finance Foreclosure jobs available in Addison, TX on Indeed.com. 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. Phone: 877-735-3637. What Can You Do If Your Mortgage Servicer Makes a Mistake? Going Through Probate and Avoiding Foreclosure On An Inherited House. January 27, 2012. Under this plan, the homeowner pays $700.66 monthly starting in September 2013; a 22% reduction from his original terms. Contents [ show] These types of sales usually do not involve the bank giving up the right to foreclose on a home. Go to the Documents tab to access merging, splitting, locking, or unlocking functions. Company profile page for Selene Finance LP including stock price, company news, press releases, executives, board members, and contact information Selene Finance LP, et al., Defendants. The kicker is that we are both over 50 years young. I have called Selene Finance over and over with no real explanation of why I owe. Founded in 2007 and headquartered in Houston, Texas, Selene Finance is a residential mortgage company. real estate business from buying two houses per year to If you are in default of your mortgage, it is still best to contact the bank and work out an amicable solution. Foreclosure Specialist at Selene Finance LP. Oh and upon reading so many stories, I noticed these people are getting away with this by not making promises over the phone or asking for late payments for not being late over the phone but not in writing. HQ. Since March 2022, I have attempted to make payments to Selene on my mortgage, and have been refused. To explore Selene Finance's full profile, request access. 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. In February, Rosen co-authored a report with mortgage-backed securities guru Lewis Ranieri, which advocated the need for a private sector solution to the foreclosure crisis. Cohen said she was thrilled when Oaktree's servicer, Selene Finance, bought the loan, lowering her payments to $800 a month. All defendants continue to deny the plaintiffs' claims. Selene Author August 29, 2022 At this point I found out that Seterus Inc no longer held my account, it was Selene Finance. Share your form with others About Selene Finance Headquartered in Houston, Texas, Selene Financeis a residential mortgage company that handles all aspects of mortgage loan servicing, including receiving monthly mortgage payments and pursuing foreclosure against homeowners who fall behind. Since then Selene has broken the law and lied to me. This has been seen by both the lawyers and judge in our divorce proceedings, held up painfully by a Covid backlog. Can I Sell My Home To Stop A Sheriff Sale? Selene Finance at 9990 Richmond Ave #400, Houston, TX 77042. The property has been on the market for 90+ days. Connacht Tribune Death Notices, See our About Us page for our qualifications and experience. I am currently fighting a Selene foreclosure they are charging excessive fees making it impossible to get caught up , charging more in fees then the past due amount. All this activity at the home was very scary as I do in-home care providing. They lost one of are payments and it's been 2 months I sent proofs. They told me that was not an option. President and Chief Executive Officer @ Selene Finance Senior Managing Director @ Pretium Partners, LLC President, Servicer Solutions @ Altisource see more Senior Vice President, Real Estate Services @ Altisource Vice President, Business Operations - Auto Finance @ Capital One Vice President, Chief Operations Officer, Installment Lending and Sb Credit Card @ Capital One We gave you confirmation that we had the money. TO: Selene Finance. I emailed Selene Finance on 09/29/2022 and asked them why are they saying I owe approx 25,000. ALSO CFPB website (http://www.consumerfinance.gov/complaint/) or by calling our toll free hotline at 1855411CFPB (2372) or TTY/TDD phone at 855729CFPB (8557292372). They came up with every excuse you could think of as to why my loan modification packet was unacceptable. Selene Finance with a incredibly poor track record and numerous customer service complaints essentially acts as the hatchet man for large banks with deep pockets. Apply to Analyst, Specialist, Quality Assurance Analyst and more! The day after the last trial payment was made the loan was sold to Selene. The new home for your loans. Funny Emails To Send To Coworkers, Popular Searches Selene Finance Selene Finance LLC Selene Finance LLP Cours. I thank God those people were not there when I was. However, you can use certain types of short sales to circumvent a lien. My mother told me about seeing the large print very embarrassing auction announcement in the newspaper days later. Edit selene finance third party authorization form. 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. They now are not honoring the modification that shellpoint had drawn up. 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. Share your photos and videos with others to prove the truth of your words. hbspt.cta._relativeUrls=true;hbspt.cta.load(161513, 'cf6b638d-fab2-4dad-b7de-77e1843b1b18', {"useNewLoader":"true","region":"na1"}); Jake Sterling is Amerihope Alliance Legal Services' Homeowner Liaison. Someone was also calling our real estate company trying to get information from our agent regarding the property. Selene Finance is unethical to work with. Selene is without a doubt taking a new approach by listening to their customer and truly reviewing the position of the INDIVIDUAL. 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. But i have some good news that may just help us all out. The company provides those looking for homes loans. I have been working on a mortgage loan modification with Selene since August of 2022, Mortgage Account #: XXXXXXXXXX. New Construction Homes Raleigh, Nc Under 250k, Because when you file Bankruptcy the lender can not take payments from you. I have attached a copy of the final cure which represents Selene Finance agreed I no longer owe them and the account is paid in full. The mortgage was with Rushmore and then it was sold Selene Finance. It was nice when the break-ins stopped and the person messing with the door locks was no longer active. Selene Finance mortgage was completely paid in full through my bankruptcy. ATTN: Selene Finance Lockbox Processing 100 Grove Road, Suite 6 West Deptford, NJ 08066. Why did you send reinstatement instead of payoff? Welcome - ImCovered. Type Private Status Active Selene Servicing finally granted a permanent loan modification in September 2013. Transferred to Selene missing payment; New Jersey beware; Scamming for late charge fees; Can someone help? Selene then sent a Notice of Default and Intent to Accelerate dated April 4, 2022. Submit a complaint and get your issue resolved. Fortunatly the AG in my state is helping to resolve this. 1st Mortgage with Selene Finance for $221,000; 2nd Mortgage with DTA Solutions LLC for $55,000; Hardship: Curtailment of income. A foreclosure when the bank failed to perform under the law. for assistance with Selene Finance contact me at 310-564-6389 Brett@ishortsalenow.com ; www.ishortsalenow.com. Selene Finance LP P. O. Selene Servicing finally granted a permanent loan modification in September 2013. (Sales figure is modelled). Founded in 2007, Selene is the parent company of Selene Finance LP ("Selene Finance"), a residential mortgage servicing company. Myself and my loan officer have spoken with literally 25 people at Selene requesting this documentation be filled out. After over 5 miserable years with Selene Finance, a 2 year long forebearance, a ridiculous loan modification, and inevitable foreclosure and eviction I felt the need for this website. Several months ago they sent us letters and began calling about a late payment. In 2010 plaintiff defaulted his 2008 mortgage loan. It was either accept the awful offer or lose my home after 13 years! During this time we negotiated a trial loan modification with Selene Finance. 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.] Note: The mortgage is actually with Wilmington Savings Fund Society and Selene Finance is the services. I was told by Jason at Selene my account rep that they would modify after 2 years of trying. Bank of America did not sell my mortgage because I did not accept the terms, I have spoken with *** ********, Officer, Resolution Specialist
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 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. But there was no need for me to walk away since at the time of purchase I put down 100,000. Mind you - she is on the deed (in the state of Kansas you can be on the deed/title and not on the loan) she has not had any investment in the property in over 10+ years and no previous mortgage company has ever required her to sign paperwork. We had received no follow-up call. Tony Pastrana October 4, 2017 at 11:22am. Issues: This was a pretty straight forward Kissimmee Florida Short Sale. The addition of these businesses to our existing asset management and investment platform provides significant scale and . 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. 3-1 at 2-3. You can read about RESPA and your rights here:https://www.consumer.ftc.gov/articles/0190-making-payments-your-mortgage-servicer. 20 Selene Finance Foreclosure jobs in Irving. Save the dream says it was paid in July. TO: Selene Finance. Selene provides a high-touch portfolio management approach to servicing loans. $47,827.46 will be deferred from his principal balance of $137,826.46 -- the balance is now $90,000. My credit rating is in the 800s, FICO 841. 3501 Olympus Blvd 5th 500. Hello, It provides creative loan resolution strategies designed to preserve homeownership. 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. 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. Cindy J Ziegler. No one bought it. I have also sent this to top class action as well about Selene finance. 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. Ironically, my statements from Selene show I am paying escrow. Selene Finance Foreclosure Information I live in the residence with my four children. Judgment of foreclosure was entered in 2016. A lender must deliver a note to the borrower stating that he or she has defaulted in meeting its obligations. It was easy to get hired on with the company because Selene is not concerned with hiring top mortgage servicing talent, and the pay and incentives was not fair compared to the work that was expected to be done. This time a wrong date, next time a missing signature. Executive Resolution Team
Thank you. Pretium is an investment management firm focused on real estate, mortgage finance and corporate credit. I have all these late fees. Please help us stay in our home. View all the latest property details for homes in Saint Paul, Minnesota to get a feel for real estate in the neighborhood and/or surrounding area(s). Selene Finance, a special servicer of nonperforming, re-performing, REO and performing loans, is one of only two servicers in the country selected to be a Ginnie Mae Single Family Master Sub-servicer. Selene provides industry leading loan servicing, diligence and title solutions to meet the needs of its borrowers, clients and shareholders. So made now I owe another 36,000 back payments. Selene Finance received their last and final payment on 03/01/2022. Please DO NOT add attachments that contain your or other peoples personal information, if you dont want it to be visible to the public. You have the right to request information about your loan and to dispute errors. It is foreclosure by lieu of foreclosure. Buy, Rehab, Rent, Refinance, Repeat is the five-part BRRRR Well guide you through the process. By now the homeowner had become three (3) years past due. It opened for business in 2007, has 108 employees on staff, and is managed by its President, Karen Bellezza. After complete cooperation on my part and several thousand dollars, I found out by accident that they had lied to me. 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. Once I told them that my parents who co-own the house with me are elderly and ill with heart disease and stage 4 cancer, miraculously it turned out that my father seemed to be overpaying on the account and there was already a full payment in credit??(BS!) Initiation la plonge; Niveau 1 : Open Water; Niveau 2 : Advanced; Niveau 3 : Divemaster Feel free to contact us at any time. 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. What is Selene Finance? They are very non helpful and threatening. Owner/Process Name: C/O CT CORPORATION SYSTEM. I ask respectfully that Selene look at my true financial picture before they make a determination on my request. 9990 Richmond Ave #400. The November money order was sent to "Selene Finance LP, 9990 Richmond Avenue, Suite 400 South, Houston, TX 77042." I was to begin paying my own mortgage starting the month of september 2022. 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. 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. You may schedule a free consultation at any time. Search Johnson County, KS foreclosures & foreclosed homes for sale, real estate, and MLS Listings. My mortgage was sold to Selene Finance in the summer of 2022. LOL Boy was I wrong. buying two houses per month using BRRRR. Internet search reveals that this trust has the same address as Selene Finance. Washington State Property Tax Exemption For 100% Disabled Veteran, What they are doing is illegal and against the law. 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. So it does not recognize me. 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. He had to continue making trial plan payments while we fought for the permanent loan modification he deserved. Fax us at (866) 926-5498. Selene Finance LP. Be vigilant. 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 Also each time I call I get a difference response of what is going on. Selene Finance is a special servicer of nonperforming, re-performing, REO, and performing loans. We went back and forth a couple of times but I feel the price is still to high. Now the courts have set a hearing date of June 4th and I am going to continue to fight this with everything that I have!!