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All Rights Reserved. This settlement will provide $500,000 to pay individuals that are part of the Settlement Class. mortgage borrowers default/right-to-cure notices containing misleading statements. Fill out this form for a FREE and prompt case evaluation. This field is for validation purposes and should be left unchanged. of Resp't (Peak) at 8 n.1. 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. They made my payments increase from $981/mo. Consumer Action maintains this listing of notable class actions so that interested consumers can learn more, join a pending action or make a claim. They charged me $3,998 for $400,000 of Hazard Placed Insurance on a $120,000 house. 4:2020cv01359 - Document 24 (S.D. administrator or law firm. c/o KCC Class Action Services LLC 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. According to court documents, the claim submission deadline has passed. Here are some addresses you should have handy: Correspondence Address. Much of the 2019 complaint was the same as the second amended . 2019 Lawsuit In March 2019, the McGreals again sued Peak and Shellpoint, but also included Harris as a new defendant. Top Class Last Updated on January 27, 2021 4:57 PM. directory! This rating has decreased by -12% over the last 12 months. Attorney C. Charles Townsend for Shellpoint Mortgage Servicing and U.S. Bank, NA . Attempt to Collect Debt Discharged in Bankruptcy. This field is for validation purposes and should be left unchanged. 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. Corrado Rizzi is the Senior Managing Editor of ClassAction.org. 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 Many lender placed insurance policies provide hazard, flood, or wind insurance coverage. February 1, 2019. 5:2019cv01486 - Document 18 (W.D. 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. Camp Lejeune residents now have the opportunity to claim compensation for harm suffered from contaminated water. 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. No. This website relates to a proposed Settlement of a lawsuit (the "Lawsuit") filed against NewRez LLC d/b/a Shellpoint Mortgage Servicing ("Shellpoint"). One of them crouched down to pet Fluffy, who had come down from the Shaw Road log cabin. 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. Tags: Forced Placed Insurance, Kickbacks, Mortgage-Related Unfair Practices. Class Period: March 1, 2014 to April 4, 2019, Final Approval Hearing: September 13, 2019. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. SHELLPOINT MORTGAGE SERVICING, Defendant MEMORANDUM AND OPINION . Top Class Actions is a legal news source Corrado Rizzi is the Senior Managing Editor of ClassAction.org. On December 24, it sent Abat a letter attempting to collect on the mortgage. . How do I know if I qualify. 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 . The lawsuit, filed on October 19, 2020 in Massachusetts Superior Court, was removed to the states federal court on January 25, 2021. This browser does not support PDFs. It keeps getting sent back to it and yet I never get anything back. Lenders pay the premiums on these policies and then charge borrowers for the premium payments along with mortgage payments. Box 404041. 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. drug injury lawsuits and product liability lawsuits. 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.. The complaint claims that Shellpoint violated the Fair Debt Collection Practices Act (FDCPA). v. CLAIRE DEES and MARK H. DEES, Respondents. Later, Ditech Financial, LLC was given servicing rights for the mortgage. dba Shellpoint Mortgage Servicing." Br. Visit Website. 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. 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. Lender placed insurance policies are supplementary policies secured by a lender when a homeowners insurance lapses or fails to provide sufficient coverage. Yes, you can still make your Shellpoint Mortgage payment the old-fashioned way - regular mail. The FDCPA prohibits debt collectors from making false statements, among other things. 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. This is a higher than average score with the overall rating of Shellpoint Mortgage Servicing employees being 3.2 out of 5 stars. 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. This field is for validation purposes and should be left unchanged. 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. Attorneys at Bradley Arant Boult Cummings on Tuesday removed a mortgage foreclosure lawsuit against Newrez d//b/a Shellpoint Mortgage Servicing to Georgia Northern . Greenville, SC 29601-2138. Shellpoint Mortgage Servicing Federal Home Loan Mortgage Corporation NewRez, LLC, New to ClassAction.org? However, this can result in some functions no longer being available. 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. This case was filed in U.S. District Courts, New Jersey District. 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 Mortgage's main phone number is 1-800-365-7107. Final judgment is entered by separate order. Newrez (NMLS #3013) is a mortgage lender that originates conventional and government-backed loans, including VA and FHA loans. A class action claims New Rez/Shellpoint and Freddie Mac sent to Mass. NOTE:If you do not qualify for this settlement do NOT file a claim. My employment at Shellpoint was the worst experience I have had in my 20 years. (sanderson, 4) *** BOSTON - Massachusetts Attorney General Maura Healey has joined a $86.3 million multistate settlement with national mortgage servicer Nationstar Mortgage LLC and 50 attorneys general and other federal and state agencies that will provide nearly $2 million of dollars in relief to . Your email address will not be published. PO Box 10826. Please contact the claims administrator if you have any questions. Please provide any additional information about your inquiry. 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). 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 . The cases are dismissed, with prejudice. Article Type: Lawsuit Topic: Consumer. 69%. 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. They also have an office in Arizona and Texas. This is attached to the complaint as Exhibit B. Shellpoint Mortgage Servicing. Read our Newswire Disclaimer. In 2018, Shellpoint Mortgage Servicing was accused of violating Massachusetts state law by failing to take necessary measures to help their customers avoid . The promissory note was in the amount of $183,850. The Bank and Shellpoint now move to dismiss the Bondyopadhyays's lawsuit under Rule 12(c), arguing that their complaint is frivolous and that . Ive no had insurance except that of nstionstar . 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 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 . Can't seem to get their act together in getting online account set up. 183 reviews. 27) were mailed via regular US Mail on 11/5/19 to: Cortenaye Moten , 4927 Laramie Lane, Kansas City, MO 64129. .