108 complaints closed in the last 12 months. Under this plan, the homeowner pays $700.66 monthly starting in September 2013; a 22% reduction from his original terms. I felt like things were going to start looking up for my family, I felt like there was hope for the future, and then a Realtor came to my door and started offering me Cash for Keys on my home!! $47,827.46 will be deferred from his principal balanceof $137,826.46 -- the balance is now $90,000. Well guide you through the process. 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. Email us at LoanResolution@SeleneFinance.com. The down side is that we carry more of the expenses but for the most part they are really easy . HQ. Where in pre foreclosure because of it. To explore Selene Finance's full profile, request access. After paying a trial period of $2013.49 per month from October 2021- March 2022, a modification was approved on March 4, 2022. Selene Holdings is the parent company of Selene Finance, a mortgage servicer that focuses on non-performing, re-performing, REO and performing mortgages. Selene Holdings is the parent company of Selene Finance, a mortgage servicer that focuses on non-performing, re-performing, REO and performing mortgages. Selene Finance - helping people stay in thier homes, Selene Finance - fraud / not helping but taking, Selene Finance - Loan was sold to selene finance and they do not acknowledge the escrow account. I received a response by email from Selene Finance on 10/18/2022 and their response was their records reflect the bankruptcy was closed/discharged and the mortgage statements would resume. We got approval for the payoff which was one of the Selene employees estimated it to be $48, 000.OO. So I met my obligation I filed to dismiss my case only to find out in February I didnt owe a payment till July. Submitting a response indicates a willingness to work with customers to make things right. 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. If you are one of the people going through a Selene Finance foreclosure contact an experienced foreclosure lawyer today. The company provides those looking for homes loans. The number of payments we are behind - he began the forbearances during Covid due to a steep decrease in commission (medical imaging equipment sales), which has since rebounded as this field is growing (expected over 6% over the next 3-5 years) - has grown only because Selene refuses to let me make payments while in modification. What? I called August 20. Previously, the title company only performed REO work for Selene but has since expanded to other clients and expanded its functionality. Washington State Property Tax Exemption For 100% Disabled Veteran, Selene Finance Foreclosures | Get Help | Save Your Home! Life was different and my kids didnt know anything besides this being home!! Austin. I recently submitted to Selene a new accurate depiction of my expenses, which I will also upload here. This rating has decreased by -18% over the last 12 months. Selene Finance Complaints 1441 Petition for Removal- Breach of Contract: A federal judge has dismissed a lawsuit accusing Houston-based mortgage servicer Selene Finance of breaching an agreement to modify a New York state woman's mortgage loan and help her stay in her . Get your file. Correspondence - Overnight Mail. Which literally has went up $3000 in one week just from alleged fees. 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. Popular Searches Selene Finance Selene Finance LLC Selene Finance LLP The state attorney general has the power to send these notices to the mortgage company. 03. He had informed me that the only way he was going to leave the property was in a box. Why did you send reinstatement instead of payoff? The facts and law in each case are different. 0600337221. They need to be closed. Guest. All rights reserved. After bankruptcy is over will Selene cause us issues? Selina Finance states that their foreclosing process is not a direct sale. We were told to expect that the payoff for the house (handled by the title company) would be received June 25 after they contacted you about the issue. Selene Finance LP P. O. Selene Servicing finally granted a permanent loan modification in September 2013. 1st Mortgage with Selene Finance for $221,000; 2nd Mortgage with DTA Solutions LLC for $55,000; Hardship: Curtailment of income. 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!! (The consumer indicated he/she ACCEPTED the response from the business.) Seller has not dropped the listing price. Cours. Case Digest Summary. Cindy J Ziegler. I worked for a national law firm for 10 years and what they charged was outrageous. To obtain assistance, simply notify us in any of the following ways: 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. LOL Boy was I wrong. Foreclosures Buying REO from Selene Finance William Adams Sewell, NJ Posted 5 years ago Hi, I wanted to know if anyone on here has purchased a REO from Selene Finance? I have created this website to help and inform others of the true scams behind Selene Finance. They also told me that Selene has to call them directly to figure this out. Here we are on October 20th, and they still not have cashed the check, although we have proof that it was received by them. This $148,506 EMV foreclosure property located at in Battle Creek, . First they say they got the proofs then they say they didn't. January 27, 2012. In foreclosure, the home owner finds out that the bank has gone into default without warning or just prior to the foreclosure. Selene Finance LP, et al., Defendants. Selene Finance, LP, Houston, TX, Did Not Communicate in a Timely Manner I think they be able to get the information they need. As a matter of policy, BBB does not endorse any product, service or business. Selene Finance, LP et al RSS Track this Docket Docket Report This docket was last retrieved on July 13, 2021. I called to have the check reissued. 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!! Please see the attached response. They are very non helpful and threatening. So now I was on the hook for the payment that were not made during lawsuit. In late 2019, Pretium closed on the acquisition of Deephaven Mortgage ("Deephaven"), a market leading non-QM mortgage originator, and Selene Finance ("Selene"), a premier mortgage servicer. Thats how screwed up they were. We even got an insurance form from Selene t's o help me on 16 July. 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 are great to work with. They can still practice as a paralegal. I have been working on a mortgage loan modification with Selene since August of 2022, Mortgage Account #: XXXXXXXXXX. Selene gave me all the options and presented the best alternative to keep my home. My mortgage was sold to Selene Finance in the summer of 2022. The first offer was a higher monthly payment. First I would like to point out that my family and I not only live at this property but my business is conducted on the property also! 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. We later found out that this was the action of your real estate agent working for Selene. Selene Finance with a incredibly poor track record and numerous customer service complaints essentially acts as the hatchet man for large banks with deep pockets. In June 2013 I received a check from a class action lawsuit because of Wells Fargos illegal foreclosure practices. 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. Fortunatly the AG in my state is helping to resolve this. This seems deliberately underhanded and dishonest. Selene is now our mortgage company sold to them by Wells Fargo. But encourage others to do so immediately before its too late and you find yourself foreclosed on. Fitch Assigns Initial Residential Mortgage Servicer Rating to Selene Finance . So instead of paying late charges, I am shelling out $99 a month of fees I cannot afford. Being removed from the home. Neat less to say the one industry I loved from the age of 16 now makes me disgusted. A subscription to PACER is required. If the company contacts the state, then the borrower can sue the bank. See our About Us page for our qualifications and experience. Selene Finance LP. Selene Finance Foreclosure Information We were served foreclosure paperwork on September 30, 2022 in which we called Selene on October 3, 2022 to inquire what was going on with the investigation. BofA came back with a higher rate, and I was working with them to try and lower when the mortgage was sold - this can be confirmed by both of the above parties from Bank of America. Cohen said she was thrilled when Oaktree's servicer, Selene Finance, bought the loan, lowering her payments to $800 a month. Home Forums Submit Your Selene Finance Horror Story Selene Finance Foreclosure. Read More Contact Who is Selene Finance LP Headquarters 3501 Olympus Blvd Ste 500, Dallas, Texas, 75019, United States Phone Number (877) 768-3761 Website www.selenefinance.com Revenue $88.7M 207 E. Canyon St., Colfax, WA 99111 Selene Finance received their last and final payment on 03/01/2022. After over 5 miserable years with Selene Finance, a 2 year long forebearance, a ridiculous loan modification, and inevitable foreclosure and eviction I felt the need for this website. Now you may print, download, or share the form. Money, Selene Finance - Mortgage / monthly payment department / accounting. Disabled vet forclosed without knowing they were my morgage company, Can someone help? We suffered a hardship, then unemployment during COVID, and unbeknownst to us our house was auctioned. I just received a letter from Selene Finance saying intent to accelerate. I was living there at the house at that time, paying the water bill, electric bill, and insurance. I looked today and found that the deed had finally been filed and another trust now owned my home. Selene closed its office in Horsham, Pa. in 2020. My nightmare began with Countrywide selling my personal information and all me credit damaged. 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) 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. Hey everyone sorry to hear that your case did not go well. This $100,984 EMV 2 Beds, 1 Bath, preforeclosure property located at in National City, . Questions About BiggerPockets & Official Site Announcements, Home Owner Association (HOA) Issues & Problems, Real Estate Technology, Social Media, and Blogging, BRRRR - Buy, Rehab, Rent, Refinance, Repeat, Real Estate Development & New Home Construction, Real Estate Wholesaling Questions & Answers, Rent to Own a.k.a. Fast forward to January 2021/2022. This hurts the debt ratio, my mod app, and makes it looks as though I have fallen farther behind, which I have not. I filed my Chapter 13 bankruptcy on 08/02/2019 and it was discharged on 07/29/22. (The consumer indicated he/she ACCEPTED the response from the business.). 9990 RICHMOND AVENUE STE 400 SOUTH HOUSTON, TX 77042; Anthony Dopson is a Foreclosure Specialist at Selene Finance LP based in Houston, Texas. PDF Whitney Wheeling, et al. v. Selene Finance LP, et al. No. 27, September After no response we contacted Selene and received a reinstatement on June 11, 2021. 20 Selene Finance Foreclosure jobs in Irving. We were informed for 3-4 months that Selene was waiting on Shellpoint to send over the remainder of the mortgage paperwork to them before they could accept our loan. For more information visit www.seleneadvantage.com. We were then informed that my husband's Ex-Girlfriend had to sign the mortgage paperwork because she was on the loan. This review was chosen algorithmically as the most valued customer feedback. Staci received a Accounting degree from Utah Valley University. Bank of America. TO: Selene Finance. Brycewood Dr, Decatur, Georgia 30034 | Foreclosure.com for assistance with Selene Finance contact me at 310-564-6389 Brett@ishortsalenow.com ; www.ishortsalenow.com. They just demanded that I wait the proper time for them to issue a check with my refund. When I tried to make payments, they continued to refuse my payments and even returned electronic payments received. We never thought wed be where we are at this stage of our lives.
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