Selene Finance Mortgage Complaint

Selene Finance Mortgage department,

Home equity loan or line of credit Loan modification,collection,foreclosure California

I have a HELOC with - - - and I was approved for a trial loan modification with payments of $3100.00 starting - -, - through - -, -. I made the first trial payment to - - - on - -, - for the - -, - payment and on - -, - for the - -, - payment. I received a transfer notice from - on - - saying my loan was being transferred to Selene Finance effective - -, -. Selene would n't accept my third trial payment due for - -, -. A new assignment of the Note was recorded on - - with - - as the Trustee for the Note. Selene approved of a loan modification with payments starting - -, - and a payment of $4400.00 a month, an increase of $1200.00 a month from the trial mortgage payments that - approved. Selene never gave an explanation as to why the increase in the permanent loan modification. Also the Principal balance of the loan modification is $840000.00. However, the loan started off as a Home Equity Line of Credit for $500000.00. After requesting an explanation in the $340000.00 in charges, Selene could n't give an explanation other than saying its a modified interest bearing amount on a Home Equity Line of Credit ( HELOC ) After I rejected the offer, Selene said that would proceed with foreclosure and Selene recorded a 20 Day Notice of Sale on - -, -