Selene finances is well-known as one of the best and most successful companies in the business of financing properties. They took it over and within a month threaten to foreclose on the unit. and settle the claims of those who actually qualified for loan modification. Sent them over 10, 000 they wanted to stop foreclosure for being 3 months behind on house payments of $650 each. And violating a chapter 7 discharge Rushmore loan management did. I wont back down until they change or go out of business. This set off the worst reaction ever. In addition to their legal backgrounds, they also have extensive experience in commercial real estate, including properties that they purchased and properties that they financed. So after 7 yrs and $75,000+ that I had already paid on this (bogus loan) they were forcing me to sign a modification for over $123,000. The 1st does not always fall on payday, Selene Finance does not allow a grace period of by the 12th or 16th. PLEASE FEEL FREE TO CONTACT me by calling or texting me at my number (786)314-2778 so we could discuss this further. When the company learned that the original plan was to lower the rates of the loan from an average rate of around eleven percent to nearly three percent, this forced them to change the original plan to a plan that would charge the borrower even more money to make their loan modifications possible. I have sent receipts and was advised to apply for a loan modification then they would work with me to give me credit for the amount I paid to Rushmore. Financial planner in West Deptford Township, New Jersey. qL]y~v3dqfkoH]( V)bNJjUP:EgaP Different year, same story. It looks to me like most of the mortgages that Selena handles are for people who are late and having trouble paying their mortgage. You can absolutely hold Selene Finance accountable for their actions while obtaining the mortgage solutions that you are seeking without a legal battle but there is always small claims court if you must battle legally (a minimal outlay of cash versus an attorney and doesnt require an attorney). Do you have Power of Attorney on her accounts and Finances. Selene Finance Class Action Lawsuit. 4 0 obj You can not continue to do business like this and not bring attention to yourselves. Try to find a lawyer that specializes in representing banks in foreclosers, that's what I've got and he knows ALL THE TRICKS! Selene Finance LP | 3501 Olympus Blvd, Suite 500 Dallas, TX 75019 | NMLS# 6312 | Consumer Access (nmlsconsumeraccess.org), Equal Housing Lender. This will surely increase the credibility of your complaint. The Selene Finance LP management team includes Joe Davila (President and Chief Executive Officer), Katie Brewer (Chief Operating Officer), and Patricia Hobbib (General Counsel) . \VCr$o@#+O["t-p@ru$gi m+?hl$Czr{>-WxS: Now they are starting foreclosure stating I am in default. I think they may be including another scam. I as well feel that something very wrong is going on. I was hit with a $75 late fee. They sold house sold on April 7th. It mailed on the 7th. I told her they've made a lousy first impression --- this board is really having me nervous. I was on the phone for 40minutes. How long does it take to realize that they need to pay the money back! Thats Greene county Ohio and I guess thats how they treat Veterans of The United States Army. They told me to moneygram the money from Walmart. I have to amounts on my statement $40.000.00 and $25.000.00 I been in my home for 21 years I should owe about $20.000.00 or less. Remember: We will never ask you to tell us your account username or password. Visit Website. The company Selene Finance LLC now has a location in New Jersey, and not just Texas- as it was reported online. Which I declined. I tried to get numerous loan mods through. Bertrand eric estrade. NJErma representatives tell them how much will disqualify you and your owed amount magically becomes an amount which disqualifies you. 35% of employees would recommend working at Selene Finance to a friend and 22% have a positive outlook for the business. At best Selene is a poorly run company. Nothing about their practices or handling of a purchased mortgage makes sense. I hope there is a class action suit on this company, But I doubt it will happen. I have been trying for modification since January 2019. Back last fall I reached out to Selene Finance and went through a loan modification. I dont think they really know anything about my account. 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. Then they stated that the lender had given me debt forgiveness of almost $30,000 that they were now adding back to my loan modification. They then had the loan manager through another company after the, Yes I am a victim as well .I have been going through hell for a year with them . However, the problems began with a broker who was associated with Selene finance and who went through a series of financial problems. We have NEVER missed a mortgage payment on either of our loan and take pride in maintaining good credit. Im a victim of Selene Finance. this is real selene (selene christ) (yes the mother of jesus christ the 2nd) seleney financy is not real. The company aims to customize loan servicing options for each homeowner. PLEASE Help The information from your prior servicer is being loaded into our system and thoroughly checked for accuracy to better serve you. Dear FruseratedatVMF -- I'm in the same position. I had about 10 refi's before and it always happens automatically. Good Morning, My home is facing foreclosure. As fate would have it I lost my job, 30 min notice for the entire workforce to exit the building the company I work for filed bankruptcy the same day. 9990 Richmond Avenue, Suite 400 South. Was able to get new employment immediately. I currently have a major issue with Selene Finance. I mailed a check # 988 to Selene Finance in the amount of $1338.78 in 01/21. I came on to this website to see if Selene had treated other people unfairly. Revenue. These fees are hidden and never mentioned during the loan modification negotiations between the borrower and the lender. And one day in 2016 I got a call from Selene stating they were unable to obtain the loan modification information and approval from Bank Of America and that I needed to call BOA and obtain it for them or they were going foreclose regardless that I had made payments on time without fail to them for the past year. At worst, Selens is a fraudulant and criminal company. I would like to know what information I need to get started on this class action lawsuit. I have filed complaints with the BBB and FTC. Find top employees, contact details and business statistics at RocketReach. Good luck to you. When I called Selene to ask why they were trying to take all this money from me, the individual i spoke to was extrememly rude and huffed in aggravation, and even mumbled ### at one point. Because I own a manufactured home in the state of Texas and can't refi a manufactured home in this state. Type Private Status Active Founded 2007 HQ Houston, TX, US | view all locations Settlement Website: Selene Finance Settlement Website. I called them because there was no indication of the almost $30,000 anywhere on my statements and this was the first time I was even hearing about it. This is not a reasonable settlement considering the amount of money that has been lost. To whom it may concern: Was also told they would do a new escrow analysis. I am in NJ - my head is spinning! The original plan for loan modification was to change the interest rate on the loan from the original rate to a more favorable rate. I will pay my mortgage and you will never get my home. Is this your company? I had to declare bankruptcy to save my property and my business. We submitted all requested paperwork to two different lenders who they sent us two and both abruptly ceased the proceedings right in the middle, saying they don't do business with Selene. Also, the people who answer the phone sound like they do not want to be at work at all and some of them sound like they are talking with a mouth full of marshamallows. My name is Victoria. We are victims of Salene as well. Selene Finance, is a strange run company & they will take advantage of those that lack appropriate knowledge with regards to their mortgages. Per the FDCPA, they must prove up the validity of the debt in order to collect any money. 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. With that said, many of you have overlooked a key aspect to your fight, which is putting it in writing in the form of a proper QWR and submitting a formal complaint to the FTC or CFPB or HUD or any other regulatory agency for immediate response; its sad that it takes regulatory muscle to affect change but it is true. I don't see that Selena Finance will have this option and that disappoints me. ( 5.375% I have ) I also made sure not to foreclose my house. They enjoyed strong client relations with their brokers and agents, who were happy to work with them. They have never found my Jan. payment. Our credit has never been worse. Not sure where that's coming from since the loan and escrow are both current. Selene is a Standard & Poors, Moodys and Fitch rated Prime, Subprime and Special Servicer for Wall Street, Private Equity, REITs and GSEs. Selene Finace are crooks. They refunded me several months of payments and then started deducting them again. Until that time FU Selene finance! To obtain assistance, simply notify us in any of the following ways: Call us at (877) 735-3637. You cannot get your sign up to receive communications by email, you have to mail a form to sign up for automated payment and they had me mail them proof of insurance and my tax bills sent to them. 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Selene offers competitive salaries along with a comprehensive and flexible benefits package, such as: Medical and Dental Insurance Vision Plan Life and Personal Accident Insurance Disability Benefits Flexible Spending Accounts Paid Time Off and Company Paid Holidays 401K with Company Match Corporate Incentive Program At the law office of Ira J. Metrick, we have defended borrowers against foreclosures from many different Lenders, including Selene Finance.. About Selene Finance. 9 branches of social science and definition I completed a refinace last year with a mortgage company and they sold my loan to Selene. SELENE FINANCE LP PREAUTHORIZED AUTOMATIC CLEARING HOUSE (ACH) DEBITS AGREEMENT (DIRECT WITHDRAWAL) Borrower Name Co-Borrower Name Property Address Phone City, State, Zip Selene Loan # The undersigned hereby authorizes Selene Finance LP ("Selene") to initiate electronic transfers from my She said wiring takes 24-48hours. I gave them all the details and they are NOT PLEASED! I am a 65 yr old female, a widow at that and was told that I had to sign the modification or lose my home. After paying a trial period of $2013.49 per month from October 2021- March 2022, a modification was approved on March 4, 2022. They just cashed my February payment, so I wonder what this call was about. Heartbroken and lost, I just found out there was a lien I wasnt aware of in October 2008 for $75000 that Countrywide claimed they financed to another mortgage company to pay creditors so Countrywide and Recontrust filed the Reconveyance of Deed on a mortgage that was filed by another company made a $98000 loan to me and issued a check back to themselves for $75,000. Good luck! THEY WANT OUR PROPERTY. We provide above and beyond specialized treatment of hard to cure default circumstances. Their customer service is awful & they will hound you horribly if you do not pay your mortgage on time. SELENE is a trademark of Selene Finance LP. Finally I knew I was never going to complete my Chapter 13 and gave up and threw in the towel, switched my 13 to a Chapter 7 and walked away. Hello! I hope the worst for Selene. When I received a notice in the mail saying my payments were going back up to the original amount Understand that Selene makes the least amount of money by modifying your loan. Each check has Selene finance on it so they must endorse the check like all mortgage companies do. I received a copy Hurricane Irma damage my house 15 months ago.I received a check from my insurance company and send it to the loss draft department at Selene finance 8 weeks ago. TO: Selene Finance Each time tI am told this I am transferred to a vooicemail that always has a different name on it. I've also contacted my states Governor, both Senator's and my districts congressman. "E R{&9621}~ |w3foIw"E}O?#_.4%+7HEH0%Z}@`h'S{pAr!RzU.> ^R69b{`_;Z>. Two days later my bank informed me Selene was trying to take another $1150 out of my account. Everyone here needs to file with the: We received a letter from them saying it was denied and they were still moving ahead with foreclosure. It was ordered to pay its clients for the balance amount of the original loans plus legal fees and costs. Contact me please. - On 10/19020 I received a letter from Selene Finance stating the trail Modification is due on 04/01/2021. We attempted to make - FULL payments and have been refused. From conversations with my representatives, there may be an investigation of Selen by my state. Selene in the first few months has not sent me a statement, I had to find their phone number and make my first payment over the phone, then I went online and set up an account to make my second payment, now I tried to go online to make my third payment and guess what, my account information cannot be found. You have to get everything in writing. What does Selene Finance do? A forbearance is when a mortgage servicer or lender allows you to pause (suspend) or reduce your mortgage payments for a limited period of time. stream Hello distressed Selene Finance mortgage holders, I also was transfered from Flagstar to Selene and I also had a Corprate Advance which I Found out was a duplicate payment from Flagstar and I am now trying to get that taken care of. But eventually something went wrong. Too many complaints with several as being unresolved. WE ARE JUST OBJECTS. If you do that will force them to only contact you. Every time I send them documents they request, they tell me they didnt receive them I had scanned and emailed them to the address that they gave me to use. This review was chosen algorithmically as the most valued customer feedback. Im a victim of Selene finance. 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. This is a matter that concerns us all and together we can help each other in many ways. Well I'm reading all these comments posted in the last few days and I have to say I'm in the same boat. It provides creative loan resolution strategies designed to preserve homeownership. Not evicted yet but it is coming!! Selene FinanceMortgageloan servicing, payments, escrow account May 16, 2016- Selene finance has now stopped excepting our mortgage payment. I had never heard of them. Rocketreach finds email, phone & social media for 450M+ professionals. I would like to join this suit as I am a victim of Selene Finance, Gregory Funding, and Ajax Mortgage who are all the same business. I was under forbearance with my old mortgage company. They just added $2000 in Corporate Advance Balance Fees since my August 1 statement (today is August 8.) Victim of Selene Finance Lo as well contact me !!! We suffered a hardship, then unemployment during COVID, and unbeknownst to us our house was auctioned. I just wanted to reach out because Ive really been enjoying your writing., Please help!! How can we find a reputable lawyer to file a class action? Where do we start with this lawsuit. Don't know forgered signature. I finally got a "back up" number from the complaints department. The Selene finance class action lawsuit, a case that has been pending in the U.S. courts for almost two years, is now before the U.S. Supreme Court. 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. Then paid $1100 for three months then after all this received sheriff notice of eviction with court date. Review updated: Feb 02, 2022. Selene Finance has added over $8000 in Corporate Advance Balance Fees since taking over my mortgage in March, 2019. I was then given to a Roudy Sebastian who then proceeded to tell me that I was approved for the loan modification. Good Luck to all and keep your reciepts, also helps to record the calls in case of a lawsuit. This payment was unauthorized and shall be returned. Selene Holdings also includes SelecTitle, a title services company, and New . I do not know that if I had gotten it in writing if it would have disclosed this information, but I was never told I would receive paperwork about this agreement nor did I receive anything. Mortgage Payment Convenience Fees Lawsuit. In talking with our lawyer, we believe the Trustee Deed is invalid. Ironically, my statements from Selene show I am paying escrow. The insurance company released 4 checks. Selene Finance LLC. Do we need to be worried? I received from Selene Finance various letters and statements with different payment amounts and unknown charges, especially corporate advance balance, different amounts on every letter and statement they are not consistent by huge differences. By all the statements & complaints all over the place, this company should not be able to remain. This rating has decreased by -8% over the last 12 months. I called, many times, wrote letters, emailed, called again and again and they just stay onto a script. The Selene finance case involved claims of breach of contract, negligence, breach of fiduciary duty, and breach of warranty. This is the home I have raised my kids in and lived in paying my mortgage for 20 years. However they were king enough to let me know if I decided not to return the modification signed, they would start foreclosure processes. They are sneaky. Because my escrow account was in the negative and this was to get it caught up. HAMP called Selene and within days the loan modification was at my door. But she would not speak to me when I called. It's just smoke and mirrors, they get 4 months of payments, deny a refi "sorry, you're not qualified" and still forclose. Go figure. After reading these comments, I have to say I'm more than a little concerned. all they do is steal! Hello Selene Finance customers, Some documents they received and some they didnt even though sent to the same address. They suddenly foreclosed my house and going to auction this coming Wednesday. Every time I call Selenes customer service line to make a payment they have no idea the correct amount to pay. This will surely increase the credibility of your complaint. I know have another late fee because payday isn't until Friday. Basically you can pay into your forebearance program for 4 months only to be turned down for a refi. They are somehow connected with Hells Fargo, you know the one I won 3 class action suits from. Consumer payments were going to bankruptcy order. I have been in an out of court with them in Johnson County, KS. 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