Read complaints against Shellpoint Mortgage submitted to the Consumer Financial Protection Bureau, 2022 FairShake. 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 . Shellpoint Mortgage Servicing (Forced-Placed Insurance) . My loan was bought from nationstar by Shellpoint. SHELLPOINT MORTGAGE SERVICING, Defendant MEMORANDUM AND OPINION . Chong v. New Penn Financial LLC d/b/a Shellpoint Mortgage Servicing, Case No. Shellpoint then did in fact start attempting to collect from the deployed servicemember the full amounts each month of principal plus interest, which resulted in Shellpoint falsely claiming . Corrado Rizzi is the Senior Managing Editor of c/o KCC Class Action Services LLC 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. 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 . Get class action lawsuit news sent to your inbox sign up for ClassAction.orgs free weekly newsletterhere. Contact Information. On December 24, it sent Abat a letter attempting to collect on the mortgage. . A Shellpoint mortgage lawsuit is a lawsuit that was filed against an individual for violating the FHA's Loan Insurance Guarantee Act. 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. 8.875 percent refund of premiums charged by Shellpoint under a lender placed insurance policy. According to the 16-page lawsuit out of New Jersey district court, Equifax prepared and issued for the plaintiff at least one credit report that included inaccurate information with regard to a debt owed to Shellpoint Mortgage. The case involves an argument that the bank did not follow proper procedures when approving the loan. A shellpoint mortgage lawsuit is a legal case in which the plaintiff's bank settles for a financial loss. Per this settlement Shellpoint will provide a whooping $3.5 Million in principal reductions for allegedly violating several Massachusetts foreclosure laws and "failing to help homeowners avoid foreclosure.". 2:21-CV-02062-MAK ("the Case"). Read the complaint here. Newrez (NMLS #3013) is a mortgage lender that originates conventional and government-backed loans, including VA and FHA loans. Wells Fargo had the second most complaints in May at 82, followed by Freedom Mortgage Company (66), Ocwen Financial Corporation (66) and Nationstar Mortgage (64). Louisville, KY 40233-4041 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. The Bondyopadhyays sued foreclosure counsel in January 2019, again alleging mortgage fraud. Overall, the defendants failure to properly describe the plaintiffs right to reinstate after acceleration and the date by which the default may be cured amounts to a breach of contract, the suit says. 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 . Shellpoint Mortgage Lender Placed Insurance Lawsuit. In 2018, Shellpoint Mortgage Servicing was accused of violating Massachusetts state law by failing to take necessary measures to help their customers avoid . Greenville, SC 29603-0826. All Rights Reserved. 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. This field is for validation purposes and should be left unchanged. The plaintiff and his or her attorney to represent the client. The Judge overseeing this case is Kathryn Weston. The FDCPA prohibits debt collectors from making false statements, among other things. (Attachments: #1 Exhibit Loan, #2 . You can also . Cash or account credit of 8.875% of the LPI net premium charged to you by Shellpoint during the class period. 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. . 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. In July 2018, plaintiff Dorothy Kerr Checa Chong filed a class action lawsuit against Shellpoint Mortgage Servicing . My employment at Shellpoint was the worst experience I have had in my 20 years. On August 3 of that year, Abat filed a Modified Chapter 13 Plan. The micromanagement is unbelievable as well as the expectations set for the employees. They pay it as part of my mortgage. Shellpoint Mortgage is headquartered in Greenville, South Carolina. 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. 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. Failure to file an amended complaint by that date will result in dismissal . This website relates to a proposed Settlement of a lawsuit (the "Lawsuit") filed against NewRez LLC d/b/a Shellpoint Mortgage Servicing ("Shellpoint"). Your email address will not be published. Required fields are marked *. This field is for validation purposes and should be left unchanged. In April, 159 people filed complaints against Shellpoint citing various issues; another 101 people filed complaints in May. The complaint for this class action claims that Shellpoint Mortgage Servicing ignored a bankruptcy plan that included a property it believed it was servicing. Shellpoint has not admitted any wrongdoing by settling the insurance kickback class action lawsuit against them. . Boston A national mortgage servicing company will pay $2 million and undertake affordable loan modifications for affected Massachusetts homeowners, Attorney General Maura Healey announced today. Repair Your Reputation The Right Way Corporate Advocacy Program Terms and Conditions. Click Change Settings if you want to tailor the use of your cookies. In order to receive compensation from the settlement, Class Members are required to submit a valid claim form by Nov. 12, 2019. . document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); @2023 Top Class Actions. c/o KCC Class Action Services LLC The letter is attached to the complaint as Exhibit A. Read more here: Camp Lejeune Lawsuit Claims. THE MOSKOWITZ LAW FIRM PLLC, Nerds, Runts, Spree Class Action Says Candy Contains Artificial Flavors, Causes of Cerebellar Atrophy Linked to Long-Term Use of Dilantin, Allianz Class Action Says Travel Insurance Policies Are Bogus. No. 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. About five years after the purchase, on May 21, 2018, Abat filed for Chapter 13 bankruptcy. 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. 2020) Court Description: ORDER GRANTING 6 Motion to Dismiss Signed by Judge Jason K. Pulliam. Shellpoint Mortgage Servicing has an overall rating of 3.2 out of 5, based on over 360 reviews left anonymously by employees. Fill out this form for a FREE and prompt case evaluation. Please provide any additional information about your inquiry. According to LinkedIn their primary address is: 75 Beattie Place Suite 300 Greenville, SC 29601, US. Box 404041 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. Welcome Home. Claim Form: Shellpoint Mortgage Servicing LPI Settlement Claim Form, Case Name: Default Escalation Specialist (Former Employee) - Houston, TX - November 25, 2022. On 11/13/2019 NEWREZ LLC FKA NEW PENN FINANCIAL LLC DBA SHELLPOINT MORTGAGE SERVICING, ET VIR filed a Property - Foreclosure lawsuit against BRITTNEY N BALL.This case was filed in Volusia County Circuit Courts, Volusia County Courthouse Deland located in Volusia, Florida. settlement administrator or your attorney for any updates regarding Class Action Database. Shellpoint Mortgage Servicing, No. . The case argues the Shellpoint information included in the Equifax-produced credit report was inaccurate in that the time period in which the debt was legally allowed to be reported as a negative item had passed. Shellpoint Customer Service Information: -Friday 8AM 10PM EST Sat 8AM - 3PM EST Toll-free: 1-(800) 365- 7107 Website: 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 27) were mailed via regular US Mail on 11/5/19 to: Cortenaye Moten , 4927 Laramie Lane, Kansas City, MO 64129. . directory! 8 calls in and still no resolution to the issue. c/o KCC Class Action Services LLC. is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. Top Class Box 404041 Mar 30, 2019. Camp Lejeune residents now have the opportunity to claim compensation for harm suffered from contaminated water. administrator or law firm. Before commenting, please review our comment policy. Claims Administrator Contact Information: Chong v. Shellpoint Settlement Administrator. General Payment Address. Posted on Aug 6, 2015. 2019 Lawsuit In March 2019, the McGreals again sued Peak and Shellpoint, but also included Harris as a new defendant. Class Period: March 1, 2014 to April 4, 2019, Final Approval Hearing: September 13, 2019. 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. Claim deadline: Tuesday, 12 . Yes, you can still make your Shellpoint Mortgage payment the old-fashioned way - regular mail. your claim status, claim form or questions about when payments are 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. They caused my insurance through Travelers to be canceled and in order to reinstate the policy I'd now have to pay $1400/yr.