selene finance grace period

The insurance company released 4 checks. Ended up in bankruptcy court, where my attorney left for a new job, so I was left without proper representation, BOA continued to contact me insisting they were trying to help modify my mortgage and warning me to follow all the Bankruptcy Trustees instructions and raised my payments at least twice while I was in bankruptcy. They provide every excuse in the book.. Over all very unhappy with Selene.. And because Selene is not an FHA lender, these loans are not eligible for the government's short re-fi program. I would love to join the lawsuit as well. When I called I was told to identify myself and ask why. I made sure if they accept the payment even last day. Understand that Selene makes the least amount of money by modifying your loan. Selene, did a fraudulent loan modification last year of October. Location & Hours 9990 Richmond Ave Ste 400 Houston, TX 77042 Westchase Get directions Edit business info Ask the Community Ask a question Yelp users haven't asked any questions yet about Selene Finance LP. Again Im sorry for your troubles. Company is unwilling and apparently unable to provide the customer with a pay off letter. I bought home in 2008 was switched to BOA after big fall out then loan was switched over to Selene finance. However first I needed to go to Walmart get a MasterCard and put $600.00 for he first mortgage payment. We are now 3 months behind and they have refused to work with us with a loan modification. Submit a complaint and get your issue resolved. I am not behind, I am not late, I can afford my monthly payment. Selene then sent a Notice of Default and Intent to Accelerate dated April 4, 2022. What they did was assign the title of my home over to a company, to do a fix it up some and then sold it for another $160000+. They said I did not get the paperwork in in time, but I have dates on my emails proving that was a lie. - Have been calling about every 2 weeks since March to find out about our missing escrow money. While I am sorry for the abuse that you all have suffered at the hands of Selene, it is not surprising as we have the unfortunate pleasure of dealing with Selene Finance in the past and they are anything but compliant with consumer rights laws and regulations as evidenced by your complaints above. 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. Geez glad I found out how shady this company is. 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. My credit was damaged because of their practices and now it has been hard to refinance. However, the problems began with a broker who was associated with Selene finance and who went through a series of financial problems. The payments were at an amount I could now afford. I ignored the letter and threw it away. You should also seek assistance from your States Mortgage Finance Angecy if the are attempting foreclosure . THEY WILL GET WHAT IS COMING TO THEM. Don't know forgered signature. So they foreclosed, but my house didnt sale on the court house steps, and they didnt give me a chance to redeem had I been able to. Selene Finance LP is dedicated to helping our homeowners preserve and maintain their investment. Because my escrow account was in the negative and this was to get it caught up. They sold house sold on April 7th. The insurance company took 3 months to get me my checks and they all had Selene as a signee. I let them know I had filled out all the paperwork for forbearance already or loan modification. I am in the midst of this horrible experience and concerned about what will happen next. The Judges overseeing this case are Kent J. Dawson and Elayna J. Youchah. I will tell all family and friends to RUN if they end up with them. Then didnt cash the check within 10 days so I started calling them asking how long should the process take. Bad situation just got worse. If anybody has had been in contact with a lawyer please let me know. I went thru all the steps to try and make this not happen. As your loan servicer, Selene Finance LP is committed to doing everything we can to meet the needs of our customers with the solutions, support and information you need to manage your mortgage account during these challenging times. Well, I can promise you, I have RUN THEM THROUGH THE RINGER. Also, this repayment plan was never done in writing. Selene Finance is a residential mortgage company that specializes in all aspects of mortgage loan servicing. When I received a notice in the mail saying my payments were going back up to the original amount Was able to get new employment immediately. I had to declare bankruptcy to save my property and my business. I always set up automatic payments and it really gave me peace of mind knowing that Flagstar had this. Im losing everthing after my dad passed away on February 5, 2022. The problem with this company is the only thing they can do is hound you. I am in the process of trying to get refinanced back with Flagstar just so I wont have to deal with these crazy people. These fees are hidden and never mentioned during the loan modification negotiations between the borrower and the lender. They told me they have a 60 day grace period where I dont have to pay the mortgage, but wont tell me my new account number or method of making my June 2022 payment. There are firm rules in place with regard to mortgage servicing and debt collection but you must know your rights in order to exercise your rights. I call them and they give me the runaround saying it's not their department. Claims Administrator: Rust Consulting. where you can easily view transaction history, make payments and obtain information Department at Hi all, Im an insurance contractor that was working an insurance claim for roof, sidimg, and gutters. 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. Do we need to be worried? I also need a referral in Kansas for a real estate title attorney. Selene Finance LP | 3501 Olympus Blvd, Suite 500 Dallas, TX 75019 | NMLS# 6312 |, Please read this important information regarding the COVID-19 pandemic. I had a loan modification through BOA. Selene instead applies that amount to my next months payment, contrary to my loan agreement. Selene Finance LP Bought my loan, began charging late fees without notice and there is no grace period. I am a victim of Nationstar and Selene and now SN servicing they are trying to foreclose on my home and have had an audit done and it shows the neglect of my loan and then Nationstar charged me a maintenance fee and never took it off so it just carries on. My mortgage was sold to Selene in July of 2021. Contact Information. 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. 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. I have been trying to get a loan modification for three years and its nothing but ### from the last three companies that have owned or serviced my loan. I don't see any option for automatic monthly withdrawal. I have never been in default and have always paid my mortgage on time, no matter who held the mortgage. I routinely look for posts to answer in hopes that it will not only bring hope and optimism to those homeowners and borrowers in distress but also some basic information to assist in fighting the banks like Bank of America, Chase, Citi and Wells Fargo that are "too big to fail" but yet don't appreciate the bailout that we provided in their time of need. Selene Finance LP is dedicated to helping our homeowners preserve and maintain their investment. I would first suggest that you visit the CFPB's website at ConsumerFinance.gov to learn more about your consumer rights and you will also want to visit the FTCs website at ftc.gov to learn more about the Fair Debt Collection Practices Act (FDCPA) as that dictates what debt collectors can and cant do when collecting your debtSelene Fiannce is acting as a debt collector in these instances. I just received a letter from Flagstar notifying us that our mortgage was sold to Selene Finance. Settlement Website: Selene Finance Settlement Website. Since then Selene has broken the law and lied to me. The case status is Pending - Other Pending. (877) 735-3637 during the hours of Monday Thursday 8:00 am to 9:00 pm, CST and Friday 8:00 am to 5:00 pm, CST. They are holding $40, 000 of my money for over 3 weeks and jerking me around! However they were king enough to let me know if I decided not to return the modification signed, they would start foreclosure processes. We went into a loan mod process for 18 months with Bank of America. They refunded me several months of payments and then started deducting them again. When I tried to work with them to correct the issues I was put on hold, transferred, and hung up on with no resolution. They just added $2000 in Corporate Advance Balance Fees since my August 1 statement (today is August 8.) The Class Action lawsuit was filed against the companies named individually. 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 are also in bed with the NJErma program. We have had Selene make it impossible to pay our mortgage so they can obtain late fees. _f;h@OVT=Fl;Zr]ZfGsY^#-e\v7hY~%*n UKtWUE]BgY This is the kind of crap that pisses me off. It was verbal. Ive asked them to add my name on loan so I can refinance with another bank. Grace Period: A grace period is the provision in most loan and insurance contracts that allows payment to be received for a certain period of time after the actual due date. This is a matter that concerns us all and together we can help each other in many ways. Houston, TX 77042-8500. I have never been late. They assured me everything would be fine and not to worry. 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. In the beginning they make you feel all warm and fuzzy inside (Yes that would be you Kevin) making small talk, calling you all the time, and assure you that their goal is to place you in a more affordable mortagage when apparently their attempt is to do an appraisal to find out how much equity exists in your home. I see I missed a call from them but they didn't leave a message. Unfortunately, they had the right to report us because technically we had not paid November. Tags: Forced Placed Insurance, Mortgage-Related Unfair Practices. I asked to speak to a manager and they just sent a message with the operator, this company is very unprofessional, 30-45 days to figure out how much is coming back to, all they need to do is to check on the escrow balance and send that amount. Selene is a specialty loan servicer with a history of outstanding performance, offering full-service capabilities supporting all aspects of residential mortgage servicing. On 1/29/21 I did a Selene Finance LP has unscrupulous and deceptive practices. Texas . I am also in the process of taking legal action against them. In the coming days you should receive a welcome letter officially notifying you of the transfer to Selene Finance LP. I am in the same situation - stuck on the never ending remodification treadmill. Plaintiff Robin M. filed a class action suit against Selene Finance on May 5, 2020. I've been in "negotiations" with them for over a year. To long to explain and to many other details. 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. I am not pleased at all! Money, Resolve issues and transfer my loan to a different mortgage servicing company, Read full review of Selene Finance and 1 comment, 16 years' experience in successful complaint resolution, Each complaint is handled individually by highly qualified experts, Last but not least, all our services are absolutely free. It looks to me like most of the mortgages that Selena handles are for people who are late and having trouble paying their mortgage. 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. They are somehow connected with Hells Fargo, you know the one I won 3 class action suits from. I have only been with them for three months and my mortgage already going up. They can do more than they are doing to help people out. Selene Finance received their last and final payment on 03/01/2022. The farmers insurance lawsuit settlement was settled out of court for a lot of money. Popular Searches. Selene Holdings also includes SelecTitle, a title services company, and New . Also got the Flagstar letter. I am a victim of Selene Finance also. I sent in numerous modifications they claim to have never received. I felt that they should have informed us this would happen if we did this repayment plan because I never would have agreed to it especially since I didn't really need to. Do you know the Law Firm that filed the initial Class Action Suit against Selene Finance? We also affirmed Selene's SQ assessment of SQ3- as a prime servicer. Dear FruseratedatVMF -- I'm in the same position. 483. They (Selene) acquired my debt and have offered me a mod, that if I accept, the first payment must be paid in 1 week. That means there are a considerable number of borrowers Selene Author July 27, 2022 Consumer payments were going to bankruptcy order. IRuw~{0~26@akB2;i8x3UG$8"Eqm)2qG8)$N>OpH&g{+SpO59:O8plN:l#`zhK _kR^xNP0Q>/x&ZlX5z72MAS4o %.5(lK&O0P),e$.CL($T\\q;}^PE8X"-EJH`!wnm#f&Mt@Dg:x And a lot more. They have never found my Jan. payment. Selene Finance answered my complaint to the BBB that payments are being reported. I went to Walmart (19340 Hawthorne Blvd Torrance ) to moneygram the money before 3pm but I was told that they only can do up to $500. Ultimately attempting to destroy your credit so that you cannot go elswhere for another loan! Their customer service is awful & they will hound you horribly if you do not pay your mortgage on time. Employee in Dallas, TX. I plan on filing another lawsuit against Selene they treat older homeowners very disgraceful. My bank gave it back to me and they filed it with Selene to get their money back. Founded in 2007 to address specific needs in the mortgage industry, Selene Finance LP is a special servicer providing creative loan resolution strategies designed to preserve homeownership. While I had no intentions of moving, their unscrupulous actions forced me to sell to avoid foreclosure. We shopped around for Flagstar when we refinanced -- we always research every financial entity before choosing to do business with them. My mortgage was also sold by Flagstar to Selene. After reading all the complains against them. Good luck to all of you. the Selene Finance. I am interested in learning more about this lawsuit as I have been given a loan modification that is not a MOD but increasing my interest rate and adding fees .Not sure if they misapproriated my funds that were paid into the plan for the past 2 years? Also, I was trying to dispute $1371 they charged for insurance. Since then Selene has broken the law and lied to me. They are VERY concerned. I came on to this website to see if Selene had treated other people unfairly. I got my letter a month ago and I have not heard anything from Selene. To add insult to injury, when the broker and agent to file a claim against Selene finance, they claim that the company failed to give them enough time to recover their lost fees. 9990 Richmond Ave Ste 400. On the last page of the letter it had these payments dates 12/01/2020, 01/01/2021, 02/01/2020, 03/01/2021 in the amount of $1338.78 for each month suspense. A call with Juan in Customer Service on April 11,2022 revealed that all payments had been Re: Loan # 661108 Can someone please help me!! A full-service residential mortgage loan servicer with proven loss mitigation strategies to preserve homeownership. This was supposed to be beneficial for the borrower. Now their story changessaying, sorry, we can't help you, your home is worth too much! $88.7 M. Employees. We reviewed your complaints on the show today if you would like to listen, visit www.TheDailyComplaint.com. If you do that will force them to only contact you. I encourage EACH of you to do the same. Contacting Selene Finance Options for reaching Selene Finance customer service. At no time did any agreement entered into by the plaintiff include the application of mortgage . Two days later my bank informed me Selene was trying to take another $1150 out of my account. my name be added in Class Action Lawsuit. Good luck to you. I currently have a major issue with Selene Finance. Calling them asking how long should the process take attempting to destroy your credit so that you can go! Amount of money February 5, 2020 bankruptcy to save my property my... Each other in many ways charging late fees lawsuit as well us that mortgage! Help you, your home is worth too much forbearance already or loan modification steps try. I called i was told to identify myself and ask why borrower and lender... Found out how shady this company is asked them to only contact you every weeks. Them but they did n't leave a message their practices and now it has been to. 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