It also means that the bank can take the home back without having to go through the court system. Previously, Staci was a Real Estate Agent at KW Commercial SA Grou p of Keller Williams Legacy and also held positions at Hartz. The Court of Appeals of Maryland has held that a protected resident need not be deprived of actual possession as a condition to suit against a loan servicer under the 2013 residential eviction amendments set forth in Maryland Code Real Property Article 7-113. This has made the bank in violation of the right of the loan to collect. This rating has decreased by -18% over the last 12 months. (Filing fee $ 402 receipt number 0540-8429702), filed by Wilmington Savings Fund . Report this post. Selene refers to itself as a special servicer, providing creative loan resolution strategies designed to preserve home ownership. I have done all correctly, on time, have the income, and have been wrongfully denied. Selene Finance is a residential mortgage company that specializes in all aspects of mortgage loan servicing. 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. Re: loan number 710-3112 Date: 8/20/2021 Thank you I can't get through their automated system sometimes as I no longer have an active loan with them. Oh, and by the way if you hire a paralegal make sure they are not an attorney that has been disbarred. Fortunatly the AG in my state is helping to resolve this. We were given two other dates after we did not receive the payoff on June 23 and that was again on July 5 and yet again on July 12. Please see the attached response. I completed my 3 month trial payments w/Selene plus 6 more on time payments over the phone. Selene informed us they had no idea how she got added to the actual loan and placed our mortgage under investigation in September 2022. For more information visit www.seleneadvantage.com. I told them if I had 15k I would had done this already. Disclaimer: These results should not be taken as a guarantee, as each case is unique. Be vigilant. See our About Us page for our qualifications and experience. Being removed from the home. Re: loan number 710-3112 Date: 8/20/2021. 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. BBB Business Profiles are subject to change at any time. Pleading a Cause of Action under Real Property Article 7-113 - The Petitioners' amended complaint adequately pleaded a private cause of action under Real Property Article 7-113. 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. 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. Under this plan, the homeowner pays $700.66 monthly starting in September 2013; a 22% reduction from his original terms. It is shady practice, and I have submitted every piece of materials requested, only to be told they didn't have them, so I have resent (I have proof of my sending info a month prior only to get these notes), which then resets the clock again at 30 days! On the day that the letters were to be delivered, the mail carrier didnt even bother to pull in my driveway to deliver them to me or even notify me that they were there or I would have absolutely driven to town to pick them up. With more than 500 full-time employees, the company is able to service in all 50 states. They are very non helpful and threatening. State Finance Commission Building, 2601 N Lamar Blvd #201. 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 You did not go through the foreclosure properly, because we were not notified. Save the dream says it was paid in July. So now I on the hook for the back payments overnight. . As we were explaining about the hardship, we had renters that shared the extra rooms in this house, and it cost us over $1000 lawfully evicting these renters that had made a mess of the house and stop paying rent for the past two years. Close. See details. United States. I then had a year long battle with them and finally lost my house on June 9th. At that point I decided to let the house go. I help homeowners keep their homes and be treated and serviced correctly by their lender no matter what. We cant get a home equity loan. Canvas Miramonte Login, 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. A foreclosure when the bank failed to perform under the law. Rather than focusing on the number of complaints, BBB considers how frequently and effectively those complaints are resolved. We were promised by Selene that we can buy back our house. So I then filed Bankruptcy to stop foreclosure once again. Don't forget to check your email often for new foreclosure alert emails. Re: loan number 710-3112 Date: 8/20/2021. They will help you through every step of the way. Will wonders never cease! (Updated 2023), Pursuing a foreclosure or sheriff sale while your loan modification application is still being reviewed (also known as. I also noticed they do not send these accusations in writing, but call and talk to me or my ill father and in a disgustingly rude manner. Selene Finance mortgage was completely paid in full through my bankruptcy. These types of sales usually do not involve the bank giving up the right to foreclose on a home. Guest. Executive Escalations for Mortgage & Vehicle Servicing, Bank of America from the Office of ***** ********* President, Retail Banking at Bank of America. He has now filed Bankruptcy to over 46 different people. Your state's housing agency might have a foreclosure avoidance program as well. The November money order was sent to "Selene Finance LP, 9990 Richmond Avenue, Suite 400 South, Houston, TX 77042." Thats how screwed up they were. I figured I had nothing to lose and gave then a call. Our lone was sold from Bank of America to Selene. 1st Mortgage with Selene Finance for $221,000; 2nd Mortgage with DTA Solutions LLC for $55,000; Hardship: Curtailment of income. Phone Number (800) 735-2989. Where is the homeowners assistance program department that is supposed to deal with these payments? We have called back 2-3 times a week (with promises of call backs but never receive one) attempting to get a copy of this paperwork and we keep getting different stories. This is a property located at Mound St in Saint Paul, Minnesota. Well guide you through the process. 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. I asked why they couldnt work with me then and let me stay and I would pay any fees or fines associated. 207 E. Canyon St., Colfax, WA 99111. Worst finance company EVER! 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. Selene closed its office in Horsham, Pa. in 2020. *Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business. 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!! The company provides those looking for homes loans. Apparently, our house had been sold? The mortgage was with Rushmore and then it was sold Selene Finance. My mortgage was sold to Selene in July of 2021. Hey everyone sorry to hear that your case did not go well. MHA has a hotline you can call anytime: 1-888-995-HOPE or TTY 1-877-304-9709. BBB Business Profiles may not be reproduced for sales or promotional purposes. Why? Fax us at (866) 926-5498. I am for joining a class action lawsuit. How did it go? [fa icon="user"] Jake Sterling Not a lot of activity in this group. February 7, 2020. Website: www.selenefinance.com. Home Forums Submit Your Selene Finance Horror Story Selene Finance Foreclosure. After talking to a couple of realtors I realized I would have to rent it out because I was not moving back in just to move right back out again. Cindy and Mark Ziegler. I sold my house on September 6th, the closing attorney overnighted the payoff check and it was received by Selene on September 7th. All we said repeatedly is that we wanted to pay off our house and take care of this loan. Then my attorney was able to obtain proof of posting which was a slap in the face because looking at the pictures that were taken, I was home that morning, possibly in the shop but on the property, as well as my children. PO Box 1365, Pullman, WA 99163 Selene Finance Investments (1) Company Name Deal Date Deal Type Deal Size Industry Lead Partner; 0000000 0&0: 26-Jun-2014: 0000000000: Specialty Chemicals: To view Selene Finance's complete investments history, request access Selene Finance Exits (1) Please email me advise on selene finance lawsuit. New Construction Homes Raleigh, Nc Under 250k, I gave them a mailing address they foreclosed on my home stating I abandon my property without going to the property were all my items were. 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. Sincerely, I emailed Selene Finance on 09/29/2022 and asked them why . Now again as of last week they have initiated the same circumstances upon us and they are saying that as long as we use bill pay this will keep happeningeven though we can prove our payments are arriving on time. I keep getting the usual run around & I'm fed up. Rating Action Commentary / Fri 30 Mar, 2012. Upon reviewing this web site, I have reason to believe that they may be targeting a select market of homeowners, in particular those who are having financial difficulty, ILL OR Elderly, or those who have owned the home for over 5 years#EQUITY. The company aims to customize loan servicing options for each homeowner. The facts and law in each case are different. Selene Finance received their last and final payment on 03/01/2022. We thought it would be a good time to refinance and get a lower interest rate. 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.