Top Class Actions is a legal news source The lawsuit, filed on October 19, 2020 in Massachusetts Superior Court, was removed to the states federal court on January 25, 2021. . The plaintiff has a pre-settlement hearing where he or she must prove the . This is attached to the complaint as Exhibit B. Read more here: Camp Lejeune Lawsuit Claims. New cases and investigations, settlement deadlines, and news straight to your inbox. Shellpoint Mortgage Attempt to Collect from Person in Bankruptcy Complaint. 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 . Contact Information. *** 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 . They have violmy cease and dissect order 7 times now. IN RE: CLAIRE DEES, Debtor. In April, 159 people filed complaints against Shellpoint citing various issues; another 101 people filed complaints in May. The complaint claims that Shellpoint violated the Fair Debt Collection Practices Act (FDCPA). If you have a mortgage loan being serviced by Shellpoint Mortgage Servicing and you have a pending foreclosure . Failure to file an amended complaint by that date will result in dismissal . 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. 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. No. New Penn to become NewRez in 2019. Top Class They charged me $3,998 for $400,000 of Hazard Placed Insurance on a $120,000 house. 866-579-5212. This field is for validation purposes and should be left unchanged. 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. . Click Accept if you consent. A shellpoint mortgage lawsuit is a legal case in which the plaintiff's bank settles for a financial loss. 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. shellpoint-mortgage-servicing-facing-fdcpa-class-action i-am-in-the-middle-of-a-lawsuit-i-filed-against-shellpoint-mortgage-20150809679700.html classaction-lawsuit-201709161101727.html A 2 star rating on Yelp with horrible reviews! You can change these settings at any time. The micromanagement is unbelievable as well as the expectations set for the employees. Corrado Rizzi is the Senior Managing Editor of ClassAction.org. of Resp't (Peak) at 8 n.1. Gordon tried without success to correct the account, repeatedly explaining that he and Stella had been through bankruptcy and had been paying the mortgage on time ever since. You are also harming other eligible Class Members by submitting a fraudulent claim. Last Updated on January 27, 2021 4:57 PM. P.O. This lawsuit attaches as exhibits letters from Shellpoint Mortgage (NewRez) expressly refusing to comply with California Military and Veterans Code 800. 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. directory! This rating has decreased by -12% over the last 12 months. 8 calls in and still no resolution to the issue. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. 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. 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. 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 . (Signed by Chief Judge Lee H Rosenthal) Parties notified. 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. 2020) Court Description: ORDER GRANTING 6 Motion to Dismiss Signed by Judge Jason K. Pulliam. 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. Shellpoint Mortgage Servicing. They caused my insurance through Travelers to be canceled and in order to reinstate the policy I'd now have to pay $1400/yr. 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 letter is attached to the complaint as Exhibit A. Louisville, KY 40233-4041 administrator or law firm. According to court documents, the claim submission deadline has passed. Decide which cookies you want to allow. . 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 also have an office in Arizona and Texas. Required fields are marked *. Box 10826 Greenville, SC 29603-0826 Main Office NMLS ID #1105391 51% of employees would recommend working at Shellpoint Mortgage Servicing to a friend and 45% have a positive outlook for the business. Remember: you are submitting your claimunder penalty of perjury. Claim Form: Shellpoint Mortgage Servicing LPI Settlement Claim Form, Case Name: Open Settlements 69%. Tex. 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 Bank and Shellpoint now move to dismiss the Bondyopadhyays's lawsuit under Rule 12(c), arguing that their complaint is frivolous and that . 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. Shellpoint Mortgage's main phone number is 1-800-365-7107. 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.". Oct 2, 2019 - Foreclosure Specialist . When individuals or companies are in bankruptcy, the law protects them from attempts to collect on debts that were undertaken before the bankruptcy case. Get class action lawsuit news sent to your inbox sign up for ClassAction.orgs free weekly newsletterhere. Shellpoint Mortgage Servicing has agreed to a settlement that will resolve claims that they accepted illegal kickbacks for lender placed insurance policies. 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 . The promissory note was in the amount of $183,850. 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. Many lender placed insurance policies provide hazard, flood, or wind insurance coverage. Lender placed insurance policies are supplementary policies secured by a lender when a homeowners insurance lapses or fails to provide sufficient coverage. 9:18-cv-80948-RLR, in the U.S. District Court for the Southern District of Florida, Chong v. Shellpoint Settlement Administrator Shellpoint Mortgage Servicing Federal Home Loan Mortgage Corporation NewRez, LLC, New to ClassAction.org? This settlement will provide $500,000 to pay individuals that are part of the Settlement Class. (McIlvain, Kelly) Modified on 11/5/2019: A copy of this Order and Clerk's Judgment (Doc. 2019 Lawsuit In March 2019, the McGreals again sued Peak and Shellpoint, but also included Harris as a new defendant. Foreclosure professionals working at Shellpoint Mortgage Servicing have rated their employer with 3.3 out of 5 stars in 19 Glassdoor reviews. The litigation and settlement revolves around allegations that Shellpoint violated the Massachusetts Act Preventing Unlawful and . For information on deleting the cookies, please consult your browsers help function. KCC Class Action Services, LLC. When individuals or companies are in bankruptcy, the law protects them from attempts to collect on debts that were undertaken before the bankruptcy case. New cases and investigations, settlement deadlines, and news straight to your inbox. A class-action lawsuit was filed in New York against BNY Mellon and Shellpoint over allegedly deceptive foreclosure actions that date back to the housing crash of the late 2000s. Claim Forms can be submitted online or through the mail. 2019-01192). 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 . In order to receive compensation from the settlement, Class Members are required to submit a valid claim form by Nov. 12, 2019. 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. 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. Shellpoint Mortgage Servicing, No. It keeps getting sent back to it and yet I never get anything back. New Penn Financial, LLC, which does business as Shellpoint Mortgage Servicing, has elected to settle a class action on the subject of LPI.