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**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. We are a homeowner advocacy group with more than a decade of helping homeowners and professionals with mortgage assistance negotiations. The information found on this page is for educational and convenience purposes only. The information found on this page should be considered as opinion and not fact based on our experience with lenders over 10+ years. Consult your mortgage servicer directly or a professional before using any of the information found on this site. If you are seeking an intermediary to assist you in getting help with your mortgage you may contact us at 888-934-3444 or via email at [email protected] for further review for a no fee, no obligation, consultation. If required you may be referred to a local professional or legal counsel for additional assistance with your mortgage. Please read through our Disclaimer page for additional details. We do not represent in any way any financial institution named on this page. If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Selene Finance Deed In Lieu Of Foreclosure


Selene RMA Deed In Lieu of Foreclosure Package

Mortgage Assistance Form.

Deed In Lieu Decline

Selene Deed In Lieu Application Denied?

Selene Loan Mortgage DIL Process

How does a deed in lieu work? Learn.

Selene Deed In Lieu Negotiators. We're On Top.

Selene Deed In Lieu of Foreclosure Process

If your Deed In Lieu Foreclosure process on a loan is going to be serviced by Selene Finance then we at ACG will work our best to ensure that our customers go through a process that is straight forward and simple as for other companies:

  1. To start the process, a member of our team will have to call your loan counselor at Selene and sometimes we have to call again after placing an appointment.
  2. There is a Paperwork called Request for Mortgage Assistance(RMA) is also required for the application.
  3. Before they start the DIL Process you may first have to go through a review for Loan Modification.
  4. Sometimes, Selene prefers that property should be sold to someone first before transferring the deed to them to prevent themselves the liability of owning the property.
  5.  Next, the title of your property will have to be checked.
  6.  Selene will have to do a valuation on your property on behalf of the investor.
  7.  In next step, terms of relocation and timeframes will be negotiated by us with Selene.
  8. Lastly, your lender provides a response to the deed in lieu of foreclosure made to them.

If you have ever experience with Selene Finance in the past, you will already know that going through the above-mentioned steps is not as easy as it sounds. Many ups and downs can be faced during the process but you have nothing to worry about as ACG is here to help you facing Mortgage related difficulties. You may often have to repeat certain steps again and again. It could be that you have been trying to get a Loan Modification from them for a long time and they still need to close the file or review it first. We are here to do everything for you. Most importantly you should be able to figure out when they are sending you in the wrong direction. Often clients come to us after submitting the wrong information on their deed in lieu application, getting denied, and not being able to figure out what happened. We can help you through the process of doing a deed in lieu of foreclosure even if that means reviewing a decline made by Selene.

Selene Loan Deed In Lieu Timeline

For a company of this size, Deed In Lieu Process timeline varies greatly. These are just a few of the hoops we jump through when dealing with a deed in lieu with Selene.

  • To begin with,  Selene has to follow a set of rules while servicing any loan, known as “PSA” or Pooling and Servicing Agreement that governs the pools of mortgages they service as they are only a servicer of Mortgage and usually represent an investor. The PSA is like a  contract between servicer and beneficiary of the mortgage note. The investor allows Selene the authority to make some decisions only and for the decisions that they cannot make themselves they will have to get permission from the investor. Some investors such as Fannie Mae (FNMA) and Freddie Mac (FHLMC) have pulled almost all decision making authority from many servicers and take care of many of the decisions themselves. As always the greater the number of hands in the put the more layers of bureaucracy you’re going to deal with.
  • Additionally, The timeline deed in lieu of foreclosure process is hugely affected if your loan has a sale date. If the sale has to be stopped to complete the deed in lieu of foreclosure process then they become a lot difficult to deal with. Selene has sale dates for every day so they can not work on urgent base as you want them to. Remember this business is a first come first serve but it is also influenced by foreclosure status and proximity to the sale date.
  • Finally, All negotiators were not created equally. What makes the process tricky is that this goes for both sides. Miscommunication can lead to certain failure while dealing with this kind of large level. Often you will be put through the multiple levels of management including approval from an investor as mentioned above depending on what their total losses are for the banking institution who owns the interest in the loan.

Selene Deed In Lieu Timeline Conclusion: There many other factors on which Selene’s Deed In Lieu of Foreclosure process’s timeline depends and not only limited to the ones mentioned above. If it is possible for Selene to make the decision themselves that will be much quicker. Your limit to get Deed In Lieu will also be hugely limited if you have other liens. How fast Selene’s Loss Mitigation department receives the Selene Deed In Lieu Forms to apply for mortgage assistance are received (readable) and other factors will come together to affect how long it will take for your Selene Deed In Lieu application will take to be Approved.

If Your Selene Deed In Lieu of Foreclosure Was Denied There May Still Be Options.

How To Fix A Selene Deed In Lieu Decline?

Miscommunication is the reason for rejection of the applications but even after it sometimes become very confusing as to why it was rejected. Often they will not be clear not only as to why but if there is anything that can be done to fix it.  Here at ACG we review dozens of points in order to understand why your Selene deed in lieu offer was rejected. Have us review your declined deed in lieu for free by calling us at 888-934-3444.

Selene Home Mortgage Deed In Lieu Reviews

Selene Deed In Lieu Complaints

The rules are literally changing every day as Selene is a large company. There are a lot of departments and even more hands in the pot of each case that making it through the system can be a real drag. It doesn’t have to be though and that’s where we come in. Give us a call and see how we can help you with your Deed In Lieu. Call 888-934-3444.

Selene 1 Star Review:

I called in several times and it would take VERY long to even be allowed to talk about the account. I am filing a notice with the CFPB.

Pele W., Gainesville, FL

Selene 1 Star Review:

I guess ZERO stars is not an option.  It should be for this company.  AVOID!!!

Unfortunately, Flagstar sold my loan to these … in 2012. What a mess ever since. I never thought I’d say this, but I’d rather be with Bank of America!!!

Per my loan origination docs from my purchase closing, mortgage insurance was to drop off after my May 2014 payment (it was a 15 year FHA loan starting October 2011). My Flagstar loan officer sent me the signed amort. schedule that I signed at closing over 2 years ago. That confirms the mortgage insurance is to drop off after the May 2014 payment, however their recent escrow analysis shows me paying it through ALL of 2014!

That is not the worst of it. The rude customer service rep I spoke with today told me it is mandatory that I pay it for 5 years (2 1/2 years longer then I truly have to which is an additional $1,500!) and that I should, “look it up online.” I have a signed document that they MUST honor from the lender it was sold to them from.

If you can avoid this company, DO SO AT ALL COSTS!!!!!

Derek B., South Lyon, MI

Don't Be A 1 Star Review

Don't Be A 1 Star Review

Selene 1 Star Review:

This company is one of the worst I’ve ever had the misfortune of working with. My mortgage was sold to them in August and it’s been nothing but a nightmare since. I was in the process of an almost-complete short sale on my house–what a disaster! No one ever knows what is going on, the only way you can ever get into contact with them is by calling their customer service center which is full of hit-or-miss representatives that are either super rude, give you lip service or want to help but their hands are tied. I was told time and time again…’I’ll email your case representative’ only to hear nothing from them. I literally only spoke with my agent ONCE in the entire seven months I’ve been working with them so far.

I found the only thing that worked was threatening legal action after they constantly refused to handle my file and restarted my short sale three times. Demand to speak to supervisors and DOCUMENT EVERYTHING! Be prepared to call them constantly to ensure they’re doing anything on your file.

Terrible terrible terrible. Should NOT be in business.

Natalie M., Hardwick, MA

1 Star Situations Happen Every Day

ACG 5 Star Review:

Tried modifying my mortgage loan on my own, twice actually, but no luck. Until I called ACG. [I] got my loan mod approved and all is well.

Michael, Woodland Hills, CA

ACG 5 Star Review:

We were struggling trying to get assistance in keeping our home for over a year when I was introduced to ACG Today both my homes are modified and our family has a chance for a fresh start.

Patricia, Porter Ranch, CA

ACG 5 Star Review:

I have worked with [the] team personally and professionally referring them many clients over the past few years. If you need help with a loan modification, short sale, or want to avoid foreclosure I highly suggest you use Absolute Consultant Group!

Daniel, Santa Clarita, CA

You Know You can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Selene Mortgage.

You Know You can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Selene Mortgage.

Selene Deed in lieu News

Selene Finance Foreclosure Process

**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information...

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