I am trying desperately to help my mother not lose our house to Selen Finance. I applied for the loan modification and was then denied and I have never received credit for the total amount I paid to Rushmore. Phone: (877) 735-3637. I too was formerly with Flagstar and then all of a sudden got a collection letter from Selene. When the company was able to get these borrowers into a loan modification program, they did not offer them a good deal. It is destroying my credit. 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. One lady stated she needed my SS number in order to look up my loan. Exactly on the first, even though payday doesn't always fall on the first; otherwise, late fees. Find top employees, contact details and business statistics at RocketReach. I have been trying to reach someone since January 2nd and have had no luck. 483. I tried reaching out to Step forward Michigan and was denied because I did not have a life changing event happen to me (hardship). It's on Facebook. Bertrand eric estrade. I am going to an attorney and start legal action. I have a huge problem with Selene Finance with a transfer from Rushmore Loan Management. 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. Department at Selene Finance has an overall rating of 2.8 out of 5, based on over 60 reviews left anonymously by employees. THE ATTORNEY GENERAL ARE HERE FOR US AND WILL INVESTIGATE THE COMPANY. 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 are somehow connected with Hells Fargo, you know the one I won 3 class action suits from. Email us at LoanResolution@SeleneFinance.com. Review updated: Feb 02, 2022. I have all evidence, statements, and inconsistent letters needed for a lawsuit. Because Selene Finance mess my accounts so badly for a year and half telling me loan modification is in process later demanded all the funds and threatened to take over my property including deed. Now here it is 2022, we're $35,000 in the arrears. Starting on Jan. 16th I started getting harrassing phone calls and letters in the mail about making my payment and was I in financial trouble. I had to declare bankruptcy to save my property and my business. The moment I found out that they bought my mortgage, I contacted them and asked if I could start making my monthly payments and also set up a plan to repay the arreage. They have a pretty uncaring attitude. 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. 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. Understand that Selene makes the least amount of money by modifying your loan. Marked my payment late despite asking for additional time. for the borrower. 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. I am now sending a check by registered mail to them for my third payment. I have filed complaints with the BBB and FTC. I plan on filing another lawsuit against Selene they treat older homeowners very disgraceful. Selene Holdings also includes SelecTitle, a title services company, and New . 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 told me to moneygram the money from Walmart. Good luck to all. Our credit has never been worse. I was never told about wiring before. Selene finance settled all the claims brought against it in 2020. Hmm my wife and I hover at around 800 credit score. 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. He ended up having to sell his brokerage to another company that would not allow him to operate as a broker anymore. Bad situation just got worse. 5729, PO Box 2561, Faribault, MN 55021-9561. I always set up automatic payments and it really gave me peace of mind knowing that Flagstar had this. The problem with this company is the only thing they can do is hound you. Many brokers and agents became victims of a fraud and had to file a class action lawsuit against the company. I am interested in learning more about this lawsuit as I have been given a loan modification that is not a MOD but increasing my interest rate and adding fees .Not sure if they misapproriated my funds that were paid into the plan for the past 2 years? Please DO NOT add attachments that contain your or other peoples personal information, if you dont want it to be visible to the public. Selene will never call you to ask for your personal information (such as a full SSN, date of birth, or loan number) in an automated phone call. The representative just told me to call back next morning. Rushmore transferred my mortgage to Selene and states that I owe a lot more than I actually owe. <>>> Then paid $1100 for three months then after all this received sheriff notice of eviction with court date. 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. Email: LoanResolution@SeleneFinance.com Mail: Selene Finance LP 9990 Richmond Avenue, Suite 400 South Houston, TX 77042-8500 Fax: (866) 926-5498 Selene Finance LP will notify you that all information has been received upon receipt, and we will make a decision within 30 days of such notification. This is not a commitment to lend.Restrictions apply.Equal Housing Lender. Send written notification to us at: Selene Finance LP. My mortgage was sold to Selene in July of 2021. Fitch does not publicly rate Selene Holdings, LLP's credit and financial strength. What's up with them? I made a quarter million in profit. If you suspect a fraud attempt, we encourage you to contact your loan resolution representative at (877) 735-3637 or email us at CustomerService@SeleneFinance.com. 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. I hope the worst for Selene. Don't know forgered signature. My mortgage was also just sold to Selene Finane by Flagstar Bank. I have sent you all the paperwork that you have asked for. I let them know I had filled out all the paperwork for forbearance already or loan modification. Because my escrow account was in the negative and this was to get it caught up. We have an excellent credit rating and have never been late on our mortgage payments. We've been with Flagstar for 5 years. That doesn't mean you have a free pass to pay after the 1st, but it gives you some flexibility if your due date falls on a holiday or you're waiting to get paid. Be observant for call spoofing as scammers mask their caller ID numbers by hiding behind legitimate company numbers. They said they will take if I go to Walmart on May 31st. A grace period usually occurs between the end of a billing cycle and the date your fee is due. Selene Finance is not reporting my mortgage payments to the credit reporting agencies. Confirm the senders identity before replying to email requests and before opening email attachments or clicking on links (text messages as well), even if they appear to come from a legitimate source. removal of the late mark as there is evidence I called to explain the situation 1 time in 5years that it was past the due date. I was only getting $320 a week on unemployment $1280, they didnt care that I had told them I lost my job, I was looking desperately for more work and my unemployment was less each month than what they demanded. I also noticed when they pay plaintiffs on a class action suit they use Rush, Consulting. Selene Finance review: mortgage payments. I called Selene in November, before my payment was due, just to ask what the grace period was because I knew I would be a few days late due to my new job having a delay on my first check. Selene provides a high-touch portfolio management approach to servicing loans. 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 They reported us every month after. 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). This is a long and brutal process with a lot of complex twists. I made my 1st mortgage payment to them Jan. 4th. Hello Victoria, Good luck to all of you. all they do is steal! Well, I can promise you, I have RUN THEM THROUGH THE RINGER. Plaintiff Robin M. filed a class action suit against Selene Finance on May 5, 2020. 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 . We have never been late on a payment for our mortgage, car, etc. They took it over and within a month threaten to foreclose on the unit. 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. If you do not have an aggressive strategic plan to defend your home, you will lose in the long run. When I received a notice in the mail saying my payments were going back up to the original amount They have no interest in helping anyone. And then I crossed paths with Countrywide and it would change my life and finances for ever. Also got the Flagstar letter. Not sure where that's coming from since the loan and escrow are both current. Maybe then Selene will wake up and smell the coffee! They say I havent pay anything and want to foreclosed but i have ever receipt since Ive been in the house selene finance tries to blame it on Rushmore loan management will not come fourth with the payments. Basically I have to do their work! I was on the phone for 40minutes. 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