Shellpoint Partners, LLC Mortgage Complaint

Shellpoint Partners, LLC Mortgage department,

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure California

ShellPoint - - - - - - - - - - -, - CA - The investor, - -, is refusing to honor the servicer 's, ShellPoint 's, value of - and insisting on receiving - minimum net. This would make the purchase price - ***** The investor is requiring the buyer pay - OVER AND ABOVE FAIR MARKET VALUE for this property. The agent had sent market comps to Shellpoint, using a price per square foot basis to reach the purchase price of $ -. Shellpoint originally used comps that were NOT comparable- they were for much larger homes that were in far better condition. After a value dispute ShellPoint lowered the value to -. The investor, - - is refusing to honor its servicer 's value. - - is demanding that based on their own comps.


same condition in this community with the same square footage. We want to reiterate that - - and its surrogates, aka servicers, forced the homeowners from this property telling them they no longer owned it and converted this property to a zombie foreclosure. Please review our - CFPB complaint ( filed -/-/16 ) again. NONE of these issues have been resolved in any manner whatsoever. - - and their surrogate 's actions have caused financial harm to the sellers in the form of - dues that they are liable for under California law. This is not to mention the emotional toll this is taking on our elderly sellers living on a fixed income, who are being continually swindled by - - and their surrogates. It is quite possible that - - and their surrogates have violated multiple state and federal laws : 1. Illegal eviction 2. Constructive fraud 3. Illegally telling a homeowner they had no retention options on multiple occasions ... ..among others ... .. PLEASE remember that - - has already settled in the amount of $5.00 BI dollars for LOAN FRAUD.