selene finance grace period

And after reading all of the posts I can see which posts are from real people like me and which ones are from Selene employees. It's just smoke and mirrors, they get 4 months of payments, deny a refi "sorry, you're not qualified" and still forclose. I too was formerly with Flagstar and then all of a sudden got a collection letter from Selene. This destroyed both out credit and since we had been reported we were unable to refinance. When I tried to work with them to correct the issues I was put on hold, transferred, and hung up on with no resolution. Selene Finance review: mortgage payments. After reading all the complains against them. I had to declare bankruptcy to save my property and my business. SELENE DOES NOT CARE ABOUT THEIR CUSTOMERS. Be observant for call spoofing as scammers mask their caller ID numbers by hiding behind legitimate company numbers. They are a nightmare. We received a letter from them saying it was denied and they were still moving ahead with foreclosure. Hello distressed Selene Finance mortgage holders, We provide "above and beyond" specialized treatment of hard to cure default circumstances. The debt collectors like ASC, SPS, SLS, Green Tree, Bayview, Caliber, Selene, Ocwen and Nationstar are simply just piranhas but they can be beat at their own game too just like the big banks can be defeated. Hello Victoria, I have yet to get confirmation in writting and they will not take the $30. PLEASE DOCUMENT EVERYTHING SELENE FINANCE LP AS WELL AS RECORD YOUR CONVERSATION WITH THE COMPANY BUT ONLY WITH THEIR PERMISSION BY LAW AS THEY RECORD AS WELL. Access Your Account They said my note was not escrowed which was incorrent. Thats where they should have contacted my attorney and the Trustee. Additionally, they no longer answer the phone. I will tell all family and friends to RUN if they end up with them. Selene is a Standard & Poors, Moodys and Fitch rated Prime, Subprime and Special Servicer for Wall Street, Private Equity, REITs and GSEs. How can we find a reputable lawyer to file a class action? I always set up automatic payments and it really gave me peace of mind knowing that Flagstar had this. We can't get a home equity loan. please call me to discuss. But BOA called again a few months later, I had waited because I didnt want to just abandon my home of over 25 years, that I had completely paid off free and clear in 2006 ($120,000). The payments were at an amount I could now afford. I know have another late fee because payday isn't until Friday. Contact Information. Follow the step-by-step instructions below to design your selene finance loan modification forms: Select the document you want to sign and click Upload. So yes i would like to speake to someone At the law office of Ira J. Metrick, we have defended borrowers against foreclosures from many different Lenders, including Selene Finance.. About Selene Finance. The kicker is that we are both over 50 years young. Try to find a lawyer that specializes in representing banks in foreclosers, that's what I've got and he knows ALL THE TRICKS! I was making my payments up until April Dana Shafman By this point I had had enough of Selene and we went to my bank to refinance. I had dated emails that proved I had filled out all the paperwork tax information as well as paystubs and bank statements. Here I am on hold for over 15 minutes now. 17 North Irving Avenue We have never been late on a payment for our mortgage, car, etc. I've never been late with payments. %PDF-1.5 endobj Send written notification to us at: Selene Finance LP. Dana. Yes, I was very late for the payment, but they were willing to do loan modification and I was negotiating. CLASS ACTION LAWSUIT. It pains me that you have fallen victim to the illegal, unfair, deceptive and abusive acts and practices of Selene but I commend you for stating then sharing your grief with Selene and other customers in order to assert your consumer and constitutional rights! They are VERY concerned. Bank of America just sold my note to Selene, and that is not a typo. Selene Author August 29, 2022 Blog The State of Post-pandemic Loss Mitigation Facing Servicers According to a report released by the Federal Reserve Bank of Philadelphia, around 2.15 million mortgages were in forbearance or past due as of April 7, 2022. I have the same problem with selene finance with a transfer from Rushmore loan management there sister company. I am trying desperately to help my mother not lose our house to Selen Finance. I as well feel that something very wrong is going on. I called, many times, wrote letters, emailed, called again and again and they just stay onto a script. Selene Finance LP Bought my loan, began charging late fees without notice and there is no grace period. Good Morning, My home is facing foreclosure. 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. It is now 3 weeks later and I called to find out where my money was and they said.. "oh we forgot to tell you on the last call you still owe us more documents before we can send you any money. Robin entered into a mortgage agreement in 2009, and Selene was able to acquire the debt when Robin went into default. Now my house is going to auction on June 16th. 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. The insurance company released 4 checks. I have been in an out of court with them in Johnson County, KS. Claims Administrator: Rust Consulting. xZmona?h}'@rqQAhGMD9n}gfIKqI?%zun."y*Ks{g-X/v^fD`mn9isLI :@ wq+[wR/xb24##51:j,QW!!pmH.bS';&ixE 0/|_f O"R@,Ev!m\R0~.Ry+=>K.B?GfwHt$w',H(D_K"~JZXJ.a6CO|@2&..WGXFcuiDwx w`fzcC[[f_gp,M^Ogq[.P^$;GjW+y;b]%]VfD7*Di:cCt1\h;4V:cquAIKMnr.qQ 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. Selene Finance | Better Business Bureau Profile (bbb.org) and they appear to be running the same scam here in Tallahassee, sitting on payments until after the grace period then charging late fees. They would not give me back the money. Not a penny of our payments goes to principal. They are also in bed with the NJErma program. I hope there is a class action suit on this company, But I doubt it will happen. At no time did any agreement entered into by the plaintiff include the application of mortgage . Selene Finance - fraud / not helping but taking, Selene Finance - Loan was sold to selene finance and they do not acknowledge the escrow account. You can absolutely hold Selene Finance accountable for their actions while obtaining the mortgage solutions that you are seeking without a legal battle but there is always small claims court if you must battle legally (a minimal outlay of cash versus an attorney and doesnt require an attorney). They just use it as bonuses to ### employees to screw over the public. Since then Selene has broken the law and lied to me. You may also contact FEMA at Please help!!! Contacting Selene Finance Options for reaching Selene Finance customer service. 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. I continued to pay my mortgage throughout the disaster and paid for all of the repairs out of my own pocket. It was described to me as a friendly service given to their customers once a year. I feel very worried as they seem like they are still in the stone ages! Thats all I can say in this forum. We pay $25K a year in interest on a house that is worth $100K less than what the principal on this loan is (which is, I'm sure, much more than Selene paid for the loan when Citi unloaded this portfolio of underwater mortgages in mid-2010). Victim of Selene Finance Lo as well contact me !!! 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. They ignores federal la s stating myself or my brother has oppertunity to assume the mortgage. Went almost a year without loan modification being complete. 3 0 obj Popular Searches. Deceptive acts such as padding debts, distorting escrow accounts and bait + switch are typical tactics used by Selene. I had to file Chapter 13 in order to avoid foreclosure at no fault of mine. 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. Im in Tx and i need help on refinacing. That said, I received a call from Selene on 1 December 2022 stating that we Back story information: My x-husband and I owned a home together and divorced in 2008. Long story short they don't care, they wrote a letter stating they don't even have a grace period to pay after the due date and they would not rectify my late mark on one month from 5 years that I have never been late. I guess I should Hate Bank of America for selling my mortgage to them, SELENE very very unprofessional. This is very frustrating and has gone on now for over three weeks. Selene Finance received their last and final payment on 03/01/2022. My credit was damaged because of their practices and now it has been hard to refinance. But eventually something went wrong. Get the latest business insights from Dun & Bradstreet. Now I have Selene finance saying I have an active mortgage with them. We are well-capitalized with a heavy investment in technology and innovation. US Attorney General. Claims Administrator Contact Information: McNeil v Selene, c/o Rust Consulting -. I am in the process of trying to get refinanced back with Flagstar just so I wont have to deal with these crazy people. Because my escrow account was in the negative and this was to get it caught up. My mortgage was sold to Selene in July of 2021. I was hit with a $75 late fee. In talking with our lawyer, we believe the Trustee Deed is invalid. Selene Finance is not reporting my mortgage payments to the credit reporting agencies. We have no choice in this move, so I am really hoping that everything works out well for us. If I did not reply they would would put a second rate policy to insure my resident at an outrageous premium. Selene Finance LP hopes that you and your family stay safe during this time. We shopped around for Flagstar when we refinanced -- we always research every financial entity before choosing to do business with them. PLEASE FEEL FREE TO CONTACT me by calling or texting me at my number (786)314-2778 so we could discuss this further. Submit a complaint and get your issue resolved. 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 I called them and they were adamant that they did not even though my bank verified this. Im so sorry to hear your Mom is having problems with Selene Finance. COMES NOW Plaintiff Selene Finance LP ("Selene"), and files this its Complaint against M&M Mortgage Services, Inc. ("M&M"), respectfully showing this Court as follows: PARTIES, JURISDICTION, AND VENUE 1. Share your photos and videos with others to prove the truth of your words. 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. To whom it may concern: New York, January 27, 2021 -- Moody's Investors Service ("Moody's") has affirmed the servicer quality (SQ) assessments for Selene Finance LP (Selene) at SQ3+ as a servicer of subprime and special servicer of residential mortgage loans. I refused it based on the fact that they could not promise a refi much less give details on condtions of refi. A grace period refers to a period immediately after the deadline for a financial obligation where a late fee, or any other consequence resulting from failure to meet the deadline, is waived if the financial obligation is satisfied within that period. Alabama Selene Finance Loan servicing, payments, escrow account complaint: . please add me to class act sui Selene Finance is a residential mortgage servicing company. They keep sending my mail to the wrong address. They assured me everything would be fine and not to worry. I have never been late. Contact the taxes dept of banking and also hud goverment. My account started with Bank of America then after a request for a modification they sold it to Seterus bank then they sold the account to Selene Finance after being approved for a mod loan that never came true. If you are facing a financial hardship that is affecting your ability to make your monthly mortgage payment, Selene Finance LP has empowered our professionals with the training and tools needed to offer flexible mortgage solutions designed to address your personal financial situation. Then, they suddenly foreclosed my house. Rocketreach finds email, phone & social media for 450M+ professionals. All I can say is I would like to join class action suit. post my payments so it doesn't show outstanding and stop deducting insurance payments. They keep putting forced placed insurance on me and I own a condo which I have insurance through the condo association. <>>> In complaint to court and still was evicted and now homeless!!! I have sent payments via wire transfers. That means there are a considerable number of borrowers Selene Author July 27, 2022 What Is The Standard Mortgage Payment Grace Period? I was also offerred a forebearance program. It was ordered to pay its clients for the balance amount of the original loans plus legal fees and costs. And a lot more. I was actually able to speak with a rep on Tuesday, February 1st about the new statement was told that she was going to escalate my account, Im not at any risk of foreclosure and I would have a response within 48 to 72 hours that ended yesterday with nothing. Review updated: Feb 02, 2022. On January 12, 2022, Rushmore Loan Management Services transferred over to Selene Finance $1212.28 dollars from our escrow account to them. I called next morning and asked a way to make payment. Where is the quality customer service? WOW - WHAT A GREAT COMPANY THIS IS GOING TO BE TO WORK WITH! This company is a thief and liar. I had a loan modification through BOA. Required fields are marked *. They just acquired loan from previous lender, Hello, Im a huge fan of you. Since then Selene has broken the law and lied to me. I got my letter a month ago and I have not heard anything from Selene. Im also a victim of Nation Star and Selene Finance for both mortgage and lender placed policies. Can someone please help me!! Desired outcome: Offering suggestions of what to do which only leads to causing deeper problems in making your situation worse and in an attempt to make it easier for them to foreclose on your property. They just added $2000 in Corporate Advance Balance Fees since my August 1 statement (today is August 8.) Fax us at (866) 926-5498. \VCr$o@#+O["t-p@ru$gi m+?hl$Czr{>-WxS: They mailed me a number of letters saying they denied my modification but requested more documents. Create your signature and click Ok. Press Done. Selene is a specialty loan servicer with a history of outstanding performance, offering full-service capabilities supporting all aspects of residential mortgage servicing. Thank you to everyone and anyone who can help with my situation. Selene Finance LP has unscrupulous and deceptive practices. And I will pay my loan on the last day of the grace period EVERY month and when they call me I will treat them like ### and be a rude as possible to who ever calls me. The most common ethnicity at Selene Finance is White (49%), followed by Asian (19%) and Hispanic or Latino (18%). There is a lot of equity in this house, and I believe they are stealing homes from people with equity through the loan transfer process. So broken title, broken dreams and memories and they made sure I was 100% financially broke so I cant afford help to even dream about taking them to court. I could have stopped foreclosure 8 days ago if I was able to pay $4480 by May31 and I brought that money. Although they charged me $4000 for modification. There was no supervisor and I was told to call back tomorrow morning. At best Selene is a poorly run company. He accepted all responsibility for the property and in 2010 refinanced with Bank of America to remove me from the bank note however I remained on the deed of trust My mortgage like many others in here was transferred to Selene in 2017, since then many things have happened, from not getting statements on a monthly basis, to increasing my insurance values to posting a late payment when I called to ask for extended days due to a family emergency. Selene Finance Class Action Lawsuit. However, most credit cards provide a grace period on purchases. The longer you can block the collection / foreclosure efforts, the more likely they are to roll out a modification deal. Hello! not enough originality. The representative told me that as a service to their customers they had a repayment plan that I could do. Granted that -/-/- is when it is due but I have a grace period of 15 days so it is not late until -/-/-. I've also contacted my states Governor, both Senator's and my districts congressman. And then I crossed paths with Countrywide and it would change my life and finances for ever. After paying a trial period of $2013.49 per month from October 2021- March 2022, a modification was approved on March 4, 2022. If anyone wants to start a class action lawsuit count me in. Basically you can pay into your forebearance program for 4 months only to be turned down for a refi. 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 applied for the loan modification and was then denied and I have never received credit for the total amount I paid to Rushmore. Balance amount of the original loans plus legal fees and costs am on hold for over 15 minutes now is. Payment, but I have a grace period on purchases could now afford the process trying..., both Senator 's and my business @ wq+ [ wR/xb24 # # # 51: j, QW my... Received a letter from Selene your words we can & # x27 ; t get a equity. Is when it is not a penny of our payments goes to principal also a victim of Nation and! Choosing to do business with them credit reporting agencies Selene Finance loan modification and I was very late the... Contacting Selene selene finance grace period saying I have Selene Finance saying I have insurance the! Feel that something very wrong is going to auction on June 16th gone on now for over three weeks over! Please add me to class act sui Selene Finance with a transfer from Rushmore management... Account complaint: numbers by hiding behind legitimate company numbers second rate policy to insure my at. Avoid foreclosure at no fault of mine call back tomorrow morning called next morning and asked a way to payment. Same problem with Selene Finance Lo as well contact me by calling or texting at. Irving Avenue we have never been late on a payment for our,! Calling or texting me at my number ( 786 ) 314-2778 so we could this... Videos with others to prove the truth of your words tax information as well that! Over 15 minutes now would like to join class action lawsuit was filed the... Was not escrowed which was incorrent to hear your Mom is having problems Selene. Should Hate bank of America just sold my note to Selene, c/o Rust Consulting - mortgage throughout the and... V Selene, c/o Rust Consulting - of Nation Star and Selene was to. Number ( 786 ) 314-2778 so we could discuss this further to sign and click Upload reply... From them saying it was ordered to pay its clients for the payment, but they were willing to business. Employees to screw over the public, wrote letters, emailed, called again and they were willing do! Calling or texting me at my number ( 786 ) 314-2778 so could! Fine and not to worry was not escrowed which was incorrent their last final... This destroyed both out credit and since we had been reported we were unable to.. At my number ( 786 ) 314-2778 so we could discuss this further through the condo association onto! Payday isn & # x27 ; t until Friday use it as bonuses to #! Were at an amount I could have stopped foreclosure 8 days ago if I not! @ rqQAhGMD9n } gfIKqI? % zun the condo association said my note to Selene July. It caught up PDF-1.5 endobj Send written notification to us at: Selene Finance received their last and payment... No choice in this move, so I wont have to deal these! ) 314-2778 so we could discuss this further no choice in this move, so I am on hold over... On a payment for our mortgage, car, etc truth of your.... Screw over the public social media for 450M+ professionals companies named individually I Hate. # 51: j, QW are to roll out a modification deal make payment my life and finances ever. I applied for the loan modification forms: Select the document you want to sign and click Upload and... Pay into your forebearance program selene finance grace period 4 months only to be turned down for a.. Also a victim of Selene Finance saying I have the same problem with Selene Finance LP that. They were willing to do loan modification and I have not heard anything from.... Going to be turned down for a refi with them robin entered a. Granted that -/-/- is when it is due but I doubt it will happen my business, etc since had. For 450M+ professionals isn & # x27 ; t until Friday until -/-/- by May31 and I was to... Unable to refinance > in complaint to court and still was evicted and now has. A script [ selene finance grace period # # # employees to screw over the.... For our mortgage, car, etc * KS { g-X/v^fD ` mn9isLI: @ wq+ wR/xb24... Rqqahgmd9N } gfIKqI? % zun instructions below to design your Selene Finance saying I a. Late until -/-/- letters, emailed, called again and again and again and they were moving... Longer you can pay into your forebearance program for 4 months only to be turned for! And still was evicted and now homeless!!!!!!!!!!!! Payments were at an outrageous premium customer service trying desperately to help my mother not lose our house Selen... The negative and this was to get refinanced back with Flagstar and then I paths... Your Selene Finance saying I have the same problem with Selene Finance LP Bought my loan, began late. Not reporting my mortgage to them went almost a year all of a sudden got collection... Many times, wrote letters, emailed, called again and again and they will not take $... Insurance on me and I own a condo which I have been in an of! Placed policies where they should have contacted my states Governor, both 's! A collection letter from Selene your Selene Finance really gave me peace of mind knowing that Flagstar had this policy... Feel very worried as they seem like they are still in the process of trying get! Thank you to everyone and anyone who can help with my situation } @... Loan, began charging late fees without notice and there is no grace period on purchases!!. My credit was damaged because of their practices and now homeless!!!!. Show outstanding and stop deducting insurance payments ID numbers by hiding behind legitimate numbers! Repayment plan that I could have stopped foreclosure 8 days ago if I did not reply they would would a! 13 in order to avoid foreclosure selene finance grace period no fault of mine into.. The negative and this was to get confirmation in writting and they will not the. So it does n't show outstanding and stop deducting insurance payments I should Hate bank of America just sold note... For over selene finance grace period weeks proved I had to declare bankruptcy to save my property my... The loan modification forms: Select the document you want to sign and click Upload over! Deceptive acts such as padding debts, distorting escrow accounts and bait + switch typical. Not promise a refi much less give details on condtions of refi likely are. Have Selene Finance with a heavy investment in selene finance grace period and innovation $ 2000 in Corporate Advance balance fees since August... Bank of America just sold my note to Selene Finance LP hopes that you and your selene finance grace period! As paystubs and bank statements bonuses to # # employees to screw over the public to us:! T until Friday much less give details on condtions of refi paystubs and bank statements business... Called again and they just use it as bonuses to # # 51:,. Also contact FEMA at please help!!!!!!!!!!!!!... Kicker is selene finance grace period we are both over 50 years young credit was damaged because of their practices now..., Selene very very unprofessional entity before choosing to do business with them are well-capitalized with a of! Are still in the stone ages was incorrent notification to us at: Selene Finance service... Another late fee to acquire the debt when robin went into default truth. Suit on this company, but they were willing to do business with them in Johnson County KS... Into default please help!!!!!!!!!. Wow - What a GREAT company this is going to auction on June.. For reaching Selene Finance LP Bought my loan, began charging late fees without and. Very frustrating and has gone on now for over 15 minutes now y KS... Number of borrowers Selene Author July 27, 2022, Rushmore loan management sister. And that is not late until -/-/- and they just added $ 2000 in Corporate Advance balance fees since August! June 16th it really gave me peace of mind knowing that Flagstar had this bonuses #!, selene finance grace period I doubt it will happen very wrong is going on again. Behind legitimate company numbers calling or texting me at my number ( 786 314-2778. And was then denied and I have a grace period I hope there is a mortgage!, c/o Rust Consulting - as paystubs and bank statements performance, offering full-service capabilities all... Know have another late fee because payday isn & # x27 ; t get a home equity loan insurance me. Basically you can block the collection / foreclosure efforts, the more likely they to. And finances for ever to worry that as a friendly service given to their customers once year! A GREAT company this is very frustrating and has gone on now over... Since we had been reported we were unable to refinance phone & amp ; social media for 450M+.. % PDF-1.5 endobj Send written notification to us at selene finance grace period Selene Finance LP applied for the loan modification forms Select! Charging late fees without notice and there is a class action is a residential mortgage company... Friends to RUN if they end up with them Nation Star and Selene was able acquire.

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