They made my payments increase from $981/mo. . Visit Website. Claims Administrator Contact Information: Chong v. Shellpoint Settlement Administrator. Since there is no applicable law that specifies the termination of the right to reinstate, and there is no entry of judgment enforcing the mortgage, the plaintiffs right to reinstate and avoid foreclosure expired five days before the foreclosure sale, the suit says. Shellpoint is a third party collection company. https://topclassactions.com/wp-admin/admin-ajax.php. New Rez owns my loan not Shellpoint. The plaintiff and his or her attorney to represent the client. The complaint quotes an earlier legal case as saying, A demand for immediate payment while a debtor is in bankruptcy is false in the sense that it asserts that money is due, although, because of the automatic stay or the discharge injunction it is not.. 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. Shellpoint Mortgage Servicing Equifax Information Services, LLC NewRez, LLC, New to ClassAction.org? 69%. My employment at Shellpoint was the worst experience I have had in my 20 years. Shellpoint Mortgage Servicing (Forced-Placed Insurance) . 51% of employees would recommend working at Shellpoint Mortgage Servicing to a friend and 45% have a positive outlook for the business. Filed: November 12, 2019 3:19-cv-20078. The Bank and Shellpoint now move to dismiss the Bondyopadhyays's lawsuit under Rule 12(c), arguing that their complaint is frivolous and that . document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); @2023 Top Class Actions. After it was informed of the supposedly inaccurate information by the plaintiff, Equifax notified Shellpoint of the mans dispute, the lawsuit says. Shellpoint Mortgage Servicing has agreed to a settlement that will resolve claims that they accepted illegal kickbacks for lender placed insurance policies. The management staff is unskilled and unwilling to grasp changing times. Repair Your Reputation The Right Way Corporate Advocacy Program The cat cozied up to the auctioneers. Last Updated on January 27, 2021 4:57 PM. The settlement will provide 8.875 percent of the premium charged to consumers. New cases and investigations, settlement deadlines, and news straight to your inbox. Ditech did not object to that plan and the court confirmed Abats plan on August 27. So only have lender place insurance to cover their investment and its below the value of my home. Click Accept if you consent. 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. c/o KCC Class Action Services LLC SHELLPOINT MORTGAGE SERVICING, Defendant MEMORANDUM AND OPINION . The letter is attached to the complaint as Exhibit A. 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 . 2.0. Shellpoint Mortgage Servicing LPI Settlement Claim Form, Shellpoint Mortgage Servicing LPI Settlement Website. (Attachments: #1 Exhibit Loan, #2 . Chong v. New Penn Financial LLC d/b/a Shellpoint Mortgage Servicing, Case No. The complaint claims that Shellpoint violated the Fair Debt Collection Practices Act (FDCPA). How do I contact Shellpoint Mortgage customer service? c/o KCC Class Action Services LLC. Borrowers who paid for residential LPI between March 1, 2014 and April 4, 2019 may be eligible to receive back 8.875% of the premium. Shellpoint Mortgage Servicing P.O. New Penn Financial, LLC, which does business as Shellpoint Mortgage Servicing, has elected to settle a class action on the subject of LPI. Shellpoint Mortgage is headquartered in Greenville, South Carolina. Claim Forms can be submitted online or through the mail. Shellpoint, upon receiving the plaintiffs dispute, failed to conduct a reasonable investigation into the matter and continued to report false and inaccurate account information on the mans credit report, the lawsuit alleges. General Payment Address. P.O. 5:2019cv01486 - Document 18 (W.D. 183 reviews. . 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. Plaintiff Eileen M. Abat took out a mortgage on February 21, 2013 with Quicken Loans in order to buy an apartment in Chicago, Illinois. In 2018, Shellpoint Mortgage Servicing was accused of violating Massachusetts state law by failing to take necessary measures to help their customers avoid . Read more here: Camp Lejeune Lawsuit Claims. Terrible service. Please contact the claims administrator if you have any questions. This case was filed in U.S. District Courts, New Jersey District. Failure to file an amended complaint by that date will result in dismissal . Last Updated on November 15, 2019 10:09 AM. Opinion. mortgage borrowers default/right-to-cure notices containing misleading statements. Fill out this form for a FREE and prompt case evaluation. They also have an office in Arizona and Texas. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. Estimated Amount: 8.875 percent refund of premiums charged by . Consumer Action maintains this listing of notable class actions so that interested consumers can learn more, join a pending action or make a claim. 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 . 2019 Lawsuit In March 2019, the McGreals again sued Peak and Shellpoint, but also included Harris as a new defendant. Equifax and Shellpoint Mortgage Servicing face a class action that claims the companies have illegally reported a time-barred debt on a consumer's credit report. 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 . On August 3 of that year, Abat filed a Modified Chapter 13 Plan. Tex. They have violmy cease and dissect order 7 times now. Shellpoint Mortgage Lender Placed Insurance Class Action Settlement, Social Security Disability application & appeal claim review, Abbott baby formula recall lawsuit investigation, Essential: Remember your cookie permission setting, Essential: Gather information you input into a contact forms, newsletter and other forms across all pages, Essential: Keep track of what you input in a shopping cart, Essential: Authenticate that you are logged into your user account, Essential: Remember language version you selected, Functionality: Remember social media settings, Functionality: Remember selected region and country, Analytics: Keep track of your visited pages and interaction taken, Analytics: Keep track about your location and region based on your IP number, Analytics: Keep track of the time spent on each page, Analytics: Increase the data quality of the statistics functions, Advertising: Tailor information and advertising to your interests based on e.g. Newrez LLC D/B/A Shellpoint Mortgage Servicing Filing 18 Newrez LLC D/B/A Shellpoint Mortgage Servicing, No. Posted on Aug 6, 2015. 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. 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. (McIlvain, Kelly) Modified on 11/5/2019: A copy of this Order and Clerk's Judgment (Doc. The lawsuit, filed on October 19, 2020 in Massachusetts Superior Court, was removed to the states federal court on January 25, 2021. The FDCPA prohibits debt collectors from making false statements, among other things. Please see what other class action settlements you might qualify 8 calls in and still no resolution to the issue. 9:18-cv-80948-RLR, in the U.S. District Court for the Southern District of Florida, Chong v. Shellpoint Settlement Administrator 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. Louisville, KY 40233-4041 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 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. 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 . This is attached to the complaint as Exhibit B. For information on deleting the cookies, please consult your browsers help function. Read complaints against Shellpoint Mortgage submitted to the Consumer Financial Protection Bureau, 2022 FairShake. 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. The Judge overseeing this case is Kathryn Weston. v. CLAIRE DEES and MARK H. DEES, Respondents. Your email address will not be published. No. (800) 365-7107. Shellpoint acknowledged in December 2019 that "the previous servicer did not adjust the loan in accordance with the Confirmed Chapter 11 Plan." JA 300. Welcome Home. 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 . Borrowers who paid for residential LPI between March 1, 2014 and April 4, 2019 may be eligible to receive back 8.875% of the Claim deadline is Tuesday, 12 . c/o KCC Class Action Services LLC Claim deadline: Tuesday, 12 . directory! The promissory note was in the amount of $183,850. New Penn Financial will change its name to NewRez at the start of 2019, reflecting its acquisition earlier this year by New Residential Investment Corp. "We are very excited to announce the rebrand and for the growth opportunities it signals," said Kevin Harrigan, president and CEO of New Penn, in a press release. 866-579-5212. Read our Newswire Disclaimer. 2:21-CV-02062-MAK ("the Case"). The plaintiff has a pre-settlement hearing where he or she must prove the . This rating has decreased by -12% over the last 12 months. add me please they did the same with the 2 dollar nuggets on the value menu..up charge of 50 cent if you dont notice.. done at the Springfield Massachutes McDonalds liberty st McDonalds and the state st McDonalds. Yes, you can still make your Shellpoint Mortgage payment the old-fashioned way - regular mail. Case No. Required fields are marked *. Oct 2, 2019 - Foreclosure Specialist . KCC Class Action Services, LLC. Corrado Rizzi is the Senior Managing Editor of ClassAction.org. The litigation and settlement revolves around allegations that Shellpoint violated the Massachusetts Act Preventing Unlawful and . According to the lawsuit, the defendants conducted on February 24, 2020 a void foreclosure sale on the plaintiffs property, with the deed ending up with defendant Freddie Mac. P.O. Attorneys at Bradley Arant Boult Cummings on Tuesday removed a mortgage foreclosure lawsuit against Newrez d//b/a Shellpoint Mortgage Servicing to Georgia Northern . 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. 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. A class action claims New Rez/Shellpoint and Freddie Mac sent to Mass. When individuals or companies are in bankruptcy, the law protects them from attempts to collect on debts that were undertaken before the bankruptcy case. This field is for validation purposes and should be left unchanged. The lawsuit alleges that Shellpointforced borrowers to purchase unnecessary expensive hazard, flood, or wind-only insurance. The case involves an argument that the bank did not follow proper procedures when approving the loan. 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 (). This browser does not support PDFs. A proposed class action alleges New Rez/Shellpoint Mortgage Services and the Federal Home Loan Mortgage Corporation (Freddie Mac) have breached the terms of their contracts with borrowers by sending default and right-to-cure notices that contained materially misleading statements in violation of Massachusetts law. It sent her a second letter just three days later, again trying to collect the debt. Check the Department of Housing and Urban Development's website for non-profit organizations in your area which will assist you with your modification. A Settlement has been reached subject to Court approval in a class action lawsuit against NewRez LLC d/b/a Shellpoint Mortgage Servicing ("Shellpoint"), pending in the U.S. District Court for the Eastern District of Pennsylvania as Dutcher v. NewRez LLC d/b/a Shellpoint Mortgage Servicing, No. Shellpoint Mortgage's main phone number is 1-800-365-7107. Debt collectors may also not attempt to collect debts .