By submitting your comment and contact information, you agree to receive marketing emails from Top Class Actions regarding this and/or similar lawsuits or settlements, and/or to be contacted by an attorney or law firm to discuss the details of your potential case at no charge to you if you qualify. 08-12-2021 . The complaint for this class action claims that Shellpoint Mortgage Servicing ignored a bankruptcy plan that included a property it believed it was servicing. 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. On August 3 of that year, Abat filed a Modified Chapter 13 Plan. By Mail. The deadline for exclusion and objection is Aug. 14, 2019. Under federal law, this invokes an automatic stay that forbids any act to collect, assess, or recover a claim against the debtor that arose before the commencement of a bankruptcy case. Around July 26, 2019, the plaintiff received from New Rez/Shellpoint a form default/right-to-cure letter that stated, in part, that the homeowner could still avoid foreclosure by paying the total past due amount before a foreclosure sale takes place . Learn more about the cookies we use. Please see what other class action settlements you might qualify v. CLAIRE DEES and MARK H. DEES, Respondents. New Penn to become NewRez in 2019. Article Type: Lawsuit Topic: Consumer. The complaint alleged that Shellpoint placed LPI policies in a manner that allowed it to receive kickbacks, or unauthorized benefits, from Overby-Seawell Company, causing the rates for the policies to be excessive. 2020) Court Description: ORDER GRANTING 6 Motion to Dismiss Signed by Judge Jason K. Pulliam. directory! expected to be mailed out. Claim deadline: Tuesday, 12 . 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 . Repair Your Reputation The Right Way Corporate Advocacy Program Contact Information. In July 2018, plaintiff Dorothy Kerr Checa Chong filed a class action lawsuit against Shellpoint Mortgage Servicing . They have violmy cease and dissect order 7 times now. Privacy Policy | The lawsuit alleges that Shellpointforced borrowers to purchase unnecessary expensive hazard, flood, or wind-only insurance. . Shellpoint Mortgage Servicing Equifax Information Services, LLC NewRez, LLC, New to ClassAction.org? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Top Class Actions is a Proud Member of the American Bar Association, Various Trademarks held by their respective owners. drug injury lawsuits and product liability lawsuits. Newrez (NMLS #3013) is a mortgage lender that originates conventional and government-backed loans, including VA and FHA loans. your claim status, claim form or questions about when payments are 2019-01192). Oct 2, 2019 - Foreclosure Specialist . It goes against your prior ruling from greentree, ditech, conceco. This website is not intended for viewing or usage by European Union citizens. According to LinkedIn their primary address is: 75 Beattie Place Suite 300 Greenville, SC 29601, US. 2:21-CV-02062-MAK ("the Case"). The cat cozied up to the auctioneers. The Judge overseeing this case is Kathryn Weston. Shellpoint Mortgage Servicing is one of America's "Top 5" non-bank servicers of residential mortgage loans, and over 2,500 employees work out of our offices in Greenville, SC; Houston, TX . Shellpoint Mortgage Servicing will provide Massachusetts homeowners with $3.5 million in principal reductions as part of a settlement with the state for allegedly violating Massachusetts . 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. Terms and Conditions. In some cases, this can result in borrowers paying more for a policy than they would have if the lender was not influenced by a kickback. Cash or account credit of 8.875% of the LPI net premium charged to you by Shellpoint during the class period. This field is for validation purposes and should be left unchanged. Corrado Rizzi is the Senior Managing Editor of ClassAction.org. on Shellpoint mortgage statements dated February 16, 2021, February 16, 2022, Shellpoint added charges to the Raymond loan account for "winterization." After 10+ years of . How do I contact Shellpoint Mortgage customer service? 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. 2.0. This rating has decreased by -12% over the last 12 months. The lawsuit alleges violations of the Fair Credit Reporting Act (FCRA), which, among other provisions, governs the responsibilities of credit reporters and furnishers of credit reports with regard to reasonably investigating disputed consumer information. Shellpoint Mortgage Servicing (Forced-Placed Insurance) . According to the suit, the defendants contract breaches have also voided foreclosure auctions, sales and deeds pursuant to proposed class members mortgages. Case No. 2020) Court Description: MEMORANDUM AND OPINION - Granting 18 MOTION to Dismiss. Shellpoint Mortgage Servicing. Shellpoint Mortgage Servicing Wrongful Foreclosure Lawsuit to Stop Eviction BERNARDSTON As the auctioneers announced the sale of 73-year-old Bob McCollum's home, his cat, Fluffy, came out for the action. The final approval hearing for the settlement is scheduled for Sept. 13, 2019. 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. Shellpoint is a third party collection company. 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. Attempt to Collect Debt Discharged in Bankruptcy. 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 This amount will be paid in a cash award or credit to a consumers account, depending on whether or not the Class Member still owes premiums to Shellpoint. 51% of employees would recommend working at Shellpoint Mortgage Servicing to a friend and 45% have a positive outlook for the business. Because the 2018 and 2019 mortgage assignments discussed above are void, Fannie Mae lacks the legal standing required by Maine law to complete the foreclosure action. (#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. You can change these settings at any time. 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 . Box 404041 Class Period: March 1, 2014 to April 4, 2019, Final Approval Hearing: September 13, 2019. A class action claims New Rez/Shellpoint and Freddie Mac sent to Mass. The lawsuit alleges that Shellpointforced borrowers to purchase unnecessary expensive hazard, flood, or wind-only insurance. Please download the PDF to view it: Download PDF. New cases and investigations, settlement deadlines, and news straight to your inbox. Shellpoint Mortgage Servicing, LLC (5:19-cv-00292), California Central District Court, Filed: 02/15/2019 - PacerMonitor Mobile Federal and Bankruptcy Court PACER Dockets . 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 . Tex. Although it is not illegal for lenders to secure insurance policies on behalf of their borrowers, it is illegal for these lenders to accept kickbacks in return for choosing a certain insurance company. In May 2017, the plaintiffs mortgage was assigned to Nationstar Mortgage, and in October 2018 it was reassigned to New Rez/Shellpoint, the suit states. The micromanagement is unbelievable as well as the expectations set for the employees. KCC Class Action Services, LLC. It keeps getting sent back to it and yet I never get anything back. The letter is attached to the complaint as Exhibit A. You do not need to provide proof of your Shellpoint mortgage or LPI, but you do need to provide proof of your identity. 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. Opinion. They can often cut through the red tape and give you the best chance for approval. The complaint claims that Shellpoint violated the Fair Debt Collection Practices Act (FDCPA). This is attached to the complaint as Exhibit B. 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. Failure to file an amended complaint by that date will result in dismissal . Box 404041. Camp Lejeune residents now have the opportunity to claim compensation for harm suffered from contaminated water. Posted on Aug 6, 2015. Shellpoint Mortgage Servicing, No. Class Action Database. 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 (). . 8 calls in and still no resolution to the issue. Click Change Settings if you want to tailor the use of your cookies. The Bank and Shellpoint now move to dismiss the Bondyopadhyays's lawsuit under Rule 12(c), arguing that their complaint is frivolous and that . Can't seem to get their act together in getting online account set up. Decide which cookies you want to allow. The management staff is unskilled and unwilling to grasp changing times. As previously announced, New Residential will purchase Ditech's forward Fannie Mae, Ginnie Mae and non-agency mortgage servicing rights ("MSRs"), with an aggregate unpaid principal balance of approximately $62 billion as of August 31, 2019, the servicer advance receivables relating to such MSRs and other assets core to the forward . Shellpoint Customer Service Information: -Friday 8AM 10PM EST Sat 8AM - 3PM EST Toll-free: 1-(800) 365- 7107 Website: www.shellpointmtg.com Address for Borrower Payments: Shellpoint Mortgage Servicing Box 740039 Cincinnati, OH 45274-0039 Address for Correspondence: Shellpoint Mortgage Servicing PO Box 10826 Greenville, SC 29603-0826 The FDCPA prohibits debt collectors from making false statements, among other things. It sent her a second letter just three days later, again trying to collect the debt.