This employee said that it was sold August 17, but after talking with her supervisor she changes the date to July 17. Our audit objective was to determine whether Selene processed delinquent loans in accordance with HUD's requirements, especially Loss Mitigation program requirements. real estate business from buying two houses per year to (Updated 2023), What Happens to a Second Mortgage After Foreclosure in NJ? 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. Comment by Wendy Smith on June 8, 2011 at 2:51pm. Founded in 2007, Selene is the parent company of Selene Finance LP ("Selene Finance"), a residential mortgage servicing company. First they say they got the proofs then they say they didn't. My loan was with Shellpoint I was approved for loan modification in October 2021 first trial payment in November 2021 with 3rd and final trial payment made January 2022. Selene gave me all the options and presented the best alternative to keep my home. The minimum amount due must be paid within forty days. They also told me that nobody bought my home at this foreclosure sale so the property remained in their possession. Featured review. From the time evicting them we collected seven truckloads of garbage and a driveway full of cars that we just spent thousands of dollars to get rid of this year from the property. You may schedule a free consultation at any time. 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. Haig has been out of the house for years, he has no cost of living (parent's properties), and his debts are his own since leaving the family. But yet they are asking for another 5,400. 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. 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. Required fields are marked *. YOu list my sole income, but then list my and Haig's expenses. My salary will also raise to $142,000 in January (as we just had our annual review/merit raise notices). Texas Roadhouse Champaign Menu, airydress account login 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. I want answers! Selene Finance is a residential mortgage servicing company. Well guide you through the process. I was to begin paying my own mortgage starting the month of september 2022. Selene Finance at 9990 Richmond Ave #400, Houston, TX 77042. Someone was also calling our real estate company trying to get information from our agent regarding the property. I was living there at the house at that time, paying the water bill, electric bill, and insurance. Selene's Larry Litton on the Rise of Smaller Special Servicing Shops. Hello everyone, and welcome to TheVictimsOfSeleneFinance.org website. Canvas Miramonte Login, 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. 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. The price of the house can reach up to 90% below market value. 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; . The house has been paid off in full. In this book, author and investor Get NEW Foreclosure Listings sent to your inbox. A free inside look at company reviews and salaries posted anonymously by employees. Contact center representatives are available to assist you from 8am8pm EST. Which literally has went up $3000 in one week just from alleged fees. Apply to Analyst, Specialist, Quality Assurance Analyst and more! 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. I no longer owe Selene Finance. All this activity at the home was very scary as I do in-home care providing. This $148,506 EMV foreclosure property located at in Battle Creek, . BBB is here to help. This is how it gets to be known as a competitive bidding affair. Selene sent me a Loan Modification packet to be fill out. My mortgage was sold to Selene in July of 2021. Selene is a wholly owned subsidiary of Pretium, a specialized investment management firm focused on real estate, mortgage finance and corporate credit with more than $20 billion in assets under . 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. I had started all the repairs and spent hundreds on paint and repair stuff due to the damage caused by the renters. I really can not believe once again another lender committing fraud. See the top reviewed local fireplace services and installers in Dierdorf, Rhineland-Palatinate, Germany on Houzz. 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. So they paid for my Fed-x payment or almost 4 months. These types of sales usually do not involve the bank giving up the right to foreclose on a home. on Have You Been Scammed By Selene Finance? I recently submitted to Selene a new accurate depiction of my expenses, which I will also upload here. I put an offer in on one of their properties and they countered but no where close to my offer. In short, they are extremly neglectful and lie! Mortgage servicer Selene did not fully evaluate plaintiff's February 2017 . Beware of mortgage relief scams. I sold my house on September 6th, the closing attorney overnighted the payoff check and it was received by Selene on September 7th. Conveniently Located at - 57 West Main Street Freehold, NJ 07728, Updated 2023 New Jersey Foreclosure Timeline. In foreclosure, the home owner finds out that the bank has gone into default without warning or just prior to the foreclosure. If you are one of the people going through a Selene Finance foreclosure contact an experienced foreclosure lawyer today. 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. They are great to work with. Rather than focusing on the number of complaints, BBB considers how frequently and effectively those complaints are resolved. We had received no follow-up call. I have also sent this to top class action as well about Selene finance. I have continued to try to pay them since they first bought my loan from BOA in March 2022, with no avail. Popular Searches Selene Finance Selene Finance LLC Selene Finance LLP So I made a change and began my company. Staci Reid is a REO Asset Manager at Selene Finance LP based in Houston, Texas. 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. Your email address will not be published. Selene Finance is a residential mortgage servicing company operating in all 50 states. A full-service residential mortgage loan servicer with proven loss mitigation strategies to preserve homeownership. Location & Hours 9990 Richmond Ave Ste 400 Westchase Get directions Edit business info Ask the Community Ask a question Yelp users haven't asked any questions yet about Selene Finance LP. The homeowner had been served foreclosure just before he retained us. He had informed me that the only way he was going to leave the property was in a box. Thank you, ******, Dear Sir or Madam: Selene provides industry leading loan servicing, diligence and title solutions to meet the needs of its borrowers, clients and shareholders. Privacy Policy | Site Map | Glossary | Contact Us. 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!! I asked why they couldnt work with me then and let me stay and I would pay any fees or fines associated. Selene's Reg AB report for the year ended Dec. 31, 2019 contained minor findings that were remediated. Type Private Status Active Hey everyone sorry to hear that your case did not go well. Staci received a Accounting degree from Utah Valley University. Selene instead applies that amount to my next months payment, contrary to my loan agreement. The house that I was under contract with is now back on the market because I've never received the needed documentation to go to closing. I had to double pay the taxes and are still waiting on them to refund me my $2500. Please see the attached response. They just demanded that I wait the proper time for them to issue a check with my refund. Refusing to honor or review your loan modification. To obtain assistance, simply notify us in any of the following ways: Call us at (877) 735-3637. They reported that it may be necessary to issue another loan for the second check for the payoff. ATTN: Selene Finance Lockbox Processing 100 Grove Road, Suite 6 West Deptford, NJ 08066. ComplaintsBoard.com is a leading complaint resolution website on the Internet. Selene sent a notary to my house the week after for me to sign the loan modification documents. Selene Finance LP, MTGLQ Investors LP and Unknown Parties: Case Number: 4:2022cv00137: Filed: March 21, 2022: Court: US District Court for the District of Arizona: Presiding Judge: Bruce G Macdonald: Nature of Suit: Contract: Other: Cause of Action: 28 U.S.C. updating the entrust digital id was unsuccessful, Designed by st joseph's mass schedule | Powered by, half moon bay airport hangar waiting list, will there be another doom game after eternal, New Construction Homes Raleigh, Nc Under 250k, Washington State Property Tax Exemption For 100% Disabled Veteran, what does the person and plus sign mean on facebook, updating the entrust digital id was unsuccessful, scenic route from nashville to pigeon forge. My home was schedules for sale on Dec. 6, 2012. The state of Nevada has made some changes to help borrowers who are behind on their mortgage payments. 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. Document submission email: LoanResolution@SeleneFinance.com. So instead of paying late charges, I am shelling out $99 a month of fees I cannot afford. 1st Mortgage with Selene Finance for $221,000; 2nd Mortgage with DTA Solutions LLC for $55,000; Hardship: Curtailment of income. With just over 500 employees and offices in 4 states, Selene collects payments from thousands of homeowners with distressed loans. My mother told me about seeing the large print very embarrassing auction announcement in the newspaper days later. 207 E. Canyon St., Colfax, WA 99111. In addition, I receive support from my estranged husband at approx. What? Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. The new home for your loans. Company Number. I have all these late fees. You can also find a foreclosure avoidance counselor in your area. Selene Finance LP has unscrupulous and deceptive practices. Itstime the pay for their shady ways. When I spoke to them they were certain it was late even though we told them it shows on our bank statement that it was received and process on time. I filed my Chapter 13 bankruptcy on 08/02/2019 and it was discharged on 07/29/22. 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. I paid my mortgage account off on August 17, 2022. Why did you send reinstatement instead of payoff? Hi, I wanted to know if anyone on here has purchased a REO from Selene Finance? This has made the bank in violation of the right of the loan to collect. Your email address will not be published. In June 2013 I received a check from a class action lawsuit because of Wells Fargos illegal foreclosure practices. (Filing fee $ 402 receipt number 0540-8429702), filed by Wilmington Savings Fund . Rating Action Commentary / Fri 30 Mar, 2012. No one bid on the house according to the title company but a couple of days later I received a call from a realtor again offering cash for keys. Thank you, Filing complaints with my states attorney general in the morning and have a meeting with attorney in the afternoon. I have created this website to help and inform others of the true scams behind Selene Finance. 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. http://www.consumerfinance.gov/complaint/, https://www.consumer.ftc.gov/articles/0190-making-payments-your-mortgage-servicer, Selene Finance Services Loans For Investment Firms, Loan Sold to Selene Finance and They Have STOLEN Escrow FUNDS, Please help!! They finally sent the check to the address of the house I sold. When I asked why, they said they were not going to accept any payment from me until I paid back all the payments during my COVID relieve/deferment period. I need someone to help me because Selene Finance is trying to take money from me when I no longer owe them. (Sales figure is modelled). BBB Business Profiles generally cover a three-year reporting period. For details on how Selene Finance LP can help you with your mortgage payments after a disaster, please call us at (877) 768-3759 You may also contact FEMA at http://www.fema.gov/ or (800) 621-FEMA (3362) for possible government assistance. . However, you can use certain types of short sales to circumvent a lien. 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 . I thank God those people were not there when I was. 22 Selene Finance Foreclosure jobs available in Addison, TX on Indeed.com. Selene Servicing finally granted a permanent loan modification in September 2013. Executive Resolution Team In talking with our lawyer, we believe the Trustee Deed is invalid. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile. It has an F rating with the Better Business Bureau. It is approaching 2 months since the house was sold. I called August 20. Now here it is 2022, were $35,000 in the arrears. Myself and my loan officer have spoken with literally 25 people at Selene requesting this documentation be filled out. 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. Selene employees would often talk about the LRD committee that makes the decisions, but only one promised us a phone number that never responded. Then after managing and marketing their home and submitting multiple offers. Learn More Custom tailored title and insurance solutions with . January 27, 2012. How did it go? Thats how screwed up they were. I stay over the night with my clients at times as well. Seller has not dropped the listing price. 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. Thank you Email us at LoanResolution@SeleneFinance.com. v. Selene Finance LP, et al., No. I was in financial crisis and sought assistance from the save the dream program in Ohio that helps with mortgage payments. David Greene shares the exact systems he used to scale his 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). Posted Dec 26 2017, 05:48. When they received no answer, we started calling Selene for the payoff around May 17. See details. How did it go? New Construction Homes Raleigh, Nc Under 250k, Pretium is an investment management firm focused on real estate, mortgage finance and corporate credit. 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. I had to file a chapter 13 just because they would not work with. The addition of these businesses to our existing asset management and investment platform provides significant scale and . Cindy J Ziegler. Previously, the title company only performed REO work for Selene but has since expanded to other clients and expanded its functionality. What they are doing is illegal and against the law. I did make one correction to this document that I sent in and am now attaching - on page two, under Cable/Satellite, I add the $55.00 I pay for Fios each month to our one streaming channel. My house is going to auction next week. Think its time they get slapped with a lawsuit. Afterwards, he took the signed documents to overnight them. Yet this issue had hit our credit and I had to pay credit repair to fix ($99/mo). I just received a letter from Selene Finance saying intent to accelerate. Hello, I completed it and sent it back with all of my information they requested to start the process.