Filed: November 12, 2019 3:19-cv-20078. All Rights Reserved. Shellpoint Mortgage Servicing Federal Home Loan Mortgage Corporation NewRez, LLC, New to ClassAction.org? 51% of employees would recommend working at Shellpoint Mortgage Servicing to a friend and 45% have a positive outlook for the business. Camp Lejeune residents now have the opportunity to claim compensation for harm suffered from contaminated water. Required fields are marked *. Claim deadline: Tuesday, 12 . Therefore, the default/right to cure letters assertion that the [plaintiff] could pay the total past due amount before a foreclosure sale takes place to avoid foreclosure is potentially misleading and deceptive because the letter omits the conditions of paragraph 19 of the mortgage, the lawsuit summarizes. Oct 2, 2019 - Foreclosure Specialist . Shellpoint is a third party collection company. The settlement benefits consumers who were charged for a lender placed insurance policy by Shellpoint on or after March 1, 2014 and who paid all or a portion of the premium for that policy between March 1, 2014 and April 4, 2019. expected to be mailed out. Here are some addresses you should have handy: Correspondence Address. When Shellpoint secured a lender placed insurance policy for their borrowers, insurance companies such as Overby-Seawell and Proctor Financial allegedly paid Shellpoint if they went through them for insurance. your claim status, claim form or questions about when payments are There are no fees for the services of these groups. Dorothy Kerr Checa Chong v. New Penn Financial, LLC, d/b/a Shellpoint Mortgage Servicing, Settlement Website: Shellpoint Mortgage Servicing LPI Settlement Website, Claims Administrator: KCC Class Action Services, LLC, Chong v. Shellpoint Settlement Administrator Box 404041 This settlement will provide $500,000 to pay individuals that are part of the Settlement Class. The case looks to represent all homeowners or former homeowners who were sent default/right-to-cure letters by New Rez/Shellpoint that stated or implied that the homeowners could pay the total past due amount before a foreclosure sale takes place to avoid foreclosure and omitted the five-day-prior-to-sale reinstatement conditions outlined in their mortgage, as well as the date by which the default may be cured. Visit Website. On August 3 of that year, Abat filed a Modified Chapter 13 Plan. c/o KCC Class Action Services LLC. Paragraph 22 of the mortgage contract states that the mortgagee, prior to acceleration and foreclosure, is required to be sent by the defendants a default notice that includes information on the plaintiffs right to reinstate after acceleration, according to the case. https://topclassactions.com/wp-admin/admin-ajax.php. You can also . Newrez LLC D/B/A Shellpoint Mortgage Servicing Filing 18 Newrez LLC D/B/A Shellpoint Mortgage Servicing, No. You must contact the claims the plaintiff disputed the accuracy of the Shellpoint information in his Equifax credit report in early November 2019, informing the latter that the debt was too old to be . The plaintiff was granted the deed to his Pepperell, Massachusetts property in August 1995 and was secured a mortgage loan of a little more than $96,000 in June 2003, the lawsuit says. Opinion. In July 2018, plaintiff Dorothy Kerr Checa Chong filed a class action lawsuit against Shellpoint Mortgage Servicing . settlement administrator or your attorney for any updates regarding v. CLAIRE DEES and MARK H. DEES, Respondents. . In April, 159 people filed complaints against Shellpoint citing various issues; another 101 people filed complaints in May. Read more here: Camp Lejeune Lawsuit Claims. The lawsuit alleges that Shellpointforced borrowers to purchase unnecessary expensive hazard, flood, or wind-only insurance. Equifax, the case further claims, did not evaluate or consider any of the information, claims or evidence presented by the plaintiff, and allegedly made no attempt to substantially reasonably verify that the negatively reported information under dispute was inaccurate. One of them crouched down to pet Fluffy, who had come down from the Shaw Road log cabin. Check the Department of Housing and Urban Development's website for non-profit organizations in your area which will assist you with your modification. The class for this action is all natural persons living in the US who (a) between January 31, 2018 and the pendency of this case, (b) received correspondence containing language identical to that in the collection letters sent to the plaintiff in this case (c) in order to collect a consumer debt (d) during a pending Chapter 7 or Chapter 13 bankruptcy (d) in which the consumers were surrendering the collateral for the debt. (Case No. Shellpoint Mortgage Servicing P.O. . LPI, or lender-placed insurance, is hazard, flood, or wind insurance placed on a borrowers property to protect the value of the property when the borrowers own policy lapses or when the borrower does not maintain adequate insurance. It goes against your prior ruling from greentree, ditech, conceco. c/o KCC Class Action Services LLC ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. Last Updated on November 15, 2019 10:09 AM. Shellpoint Mortgage Servicing (Forced-Placed Insurance) . Learn more about the cookies we use. You can sort the listing three waysactions or settlements that are (1) open to claims, (2) pending or (3) closedor use the calendar to search for upcoming claims deadlines. Paragraph 22 of the mortgage contract states that the mortgagee, prior to acceleration and foreclosure, is required to be sent by the defendants a default notice . About five years after the purchase, on May 21, 2018, Abat filed for Chapter 13 bankruptcy. Top Class The complaint claims that Shellpoint violated the Fair Debt Collection Practices Act (FDCPA). Corrado Rizzi is the Senior Managing Editor of ClassAction.org. . Shellpoint Mortgage is headquartered in Greenville, South Carolina. Estimated Amount: 8.875 percent refund of premiums charged by . Privacy Policy | SHELLPOINT MORTGAGE SERVICING, Defendant MEMORANDUM AND OPINION . the content you have visited before, Advertising: Gather personally identifiable information such as name and location, Advertising: Use information for tailored advertising with third parties, Advertising: Allow you to connect to social sites, Advertising: Identify device you are using. This browser does not support PDFs. Default Escalation Specialist (Former Employee) - Houston, TX - November 25, 2022. Later that year, on December 17, New Penn Financial, LLC, doing business as Shellpoint Mortgage Servicing, acquired the rights to service her mortgage. The final approval hearing for the settlement is scheduled for Sept. 13, 2019. Final judgment is entered by separate order. They also have an office in Arizona and Texas. Plaintiffs in the Shellpoint Mortgage Servicing class action lawsuit alleged the company violated the Fair Debt Collection Practices Act and the California Rosenthal Act by sending misleading mortgage statements to borrowers who were participants in the CARES Act forbearance plan.The settlement does not resolve claims the plaintiffs made under the Telephone Consumer Protection Act (). Signed on 11/5/2019 by Chief District Judge Beth Phillips. Shellpoint Mortgage Servicing. However, this can result in some functions no longer being available. Yes, you can still make your Shellpoint Mortgage payment the old-fashioned way - regular mail. . On December 24, it sent Abat a letter attempting to collect on the mortgage. to avoid foreclosure. The lawsuit alleges this statement amounts to an affirmative misstatement in that the plaintiffs mortgage only allows for reinstatement of the mortgage after acceleration prior to the earliest of either five days before the sale of the property; such other period as applicable law might specify for the termination of the defendants right to reinstate; or entry of judgment enforcing the mortgage. This case was filed in U.S. District Courts, New Jersey District. They pay it as part of my mortgage. Posted on Aug 6, 2015. July 2019 Complaints Against Shellpoint Mortgage - extended August 2019 Complaints Against Shellpoint Mortgage September 2019 Complaints Against Shellpoint Mortgage Click Change Settings if you want to tailor the use of your cookies. You are not eligible if your LPI policy was cancelled in its entirety and any premiums charged or collected were fully refunded to you or your escrow account or if you have a final foreclosure judgment foreclosing on the Shellpoint loan. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. The management staff is unskilled and unwilling to grasp changing times. Actions does not process claims and we cannot advise you on the Much of the 2019 complaint was the same as the second amended . You may be eligible if you are a borrower in the US who, between March 1, 2014 and April 4, 2019, were charged by Shellpoint for a hazard, flood, or wind LPI procured by Overby-Seawell Company, and who (a) paid Shellpoint the net premium for the policy, (b) did not pay Shellpoint the net premium and still owe it. SUMMERSVILLE - A Birch River woman claims that her payments on a mortgage loan were rejected illegally and she was threatened with legal action despite being on-time with her . According to LinkedIn their primary address is: 75 Beattie Place Suite 300 Greenville, SC 29601, US. P.O. Read complaints against Shellpoint Mortgage submitted to the Consumer Financial Protection Bureau, 2022 FairShake. Open Settlements document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); @2023 Top Class Actions. New cases and investigations, settlement deadlines, and news straight to your inbox. 866-579-5212. New Rez owns my loan not Shellpoint. (800) 365-7107. Plaintiff Eileen M. Abat took out a mortgage on February 21, 2013 with Quicken Loans in order to buy an apartment in Chicago, Illinois. Get class action lawsuit news sent to your inbox sign up for ClassAction.orgs free weekly newsletterhere. Attempt to Collect Debt Discharged in Bankruptcy. Read the complaint here. Terrible service. The plaintiff behind the 28-page complaint alleges the default and right-to-cure notices he and proposed class members received from New Rez/Shellpoint are invalid and resulted in void foreclosures. According to the suit, the defendants contract breaches have also voided foreclosure auctions, sales and deeds pursuant to proposed class members mortgages. General Payment Address. (#1) COMPLAINT against Newrez, LLC d/b/a Shellpoint Mortgage, Servicing ( Filing and Admin fee $ 400 receipt number 0312-9570746) with JURY DEMAND, filed by Rachid Bouayad. to claim cash from in our The settlement resolves allegations that Caliber Homes Loans Inc. (Caliber) failed to help borrowers avoid foreclosure and instead gave homeowners unaffordable loan modifications with ballooning . Can't seem to get their act together in getting online account set up. Box 10826 Greenville, SC 29603-0826 Main Office NMLS ID #1105391 . 4:2020cv01359 - Document 24 (S.D. You can change these settings at any time.