This Alert Affects:Anyone who fell behind on mortgage payments and then received a letter from Selene Finance concerning their non-payment.What’s Going On?Attorneys working with ClassAction.org have reason to believe the company sent out letters that may have falsely implied that homeowners’ loans would be accelerated – meaning the full amount of the mortgage would be due – if they failed to pay the money they owed within a certain time frame. A copy of these letters can be seen below.How Could a Lawsuit Help?If filed and successful, a class action lawsuit could help consumers recover money for Selene’s letters and force the company to stop including potentially misleading statements in its notices.What You Can DoIf you received a letter from Selene after falling behind on your mortgage payments, fill out the form on this page and get in touch. An attorney working with ClassAction.org may reach out to you directly to tell you more about how you can help the investigation.
Attorneys working with ClassAction.org would like to hear from homeowners who received a letter from Selene after falling behind on their mortgage payments.
They have reason to suspect that Selene may have sent letters containing potentially false and misleading statements intended to intimidate borrowers into making immediate payments. The attorneys are now looking into whether a class action lawsuit can be filed against the mortgage servicer over possible violations of federal debt collection law.
Did you receive a letter from Selene stating that your mortgage loan could be accelerated if you didn’t pay your overdue payments by a certain date? If so, help the investigation by filling out the form on this page. The more people who come forward, the better chance the attorneys have at getting a class action lawsuit on file.