The Better Business Bureau posted a notice regarding a pattern of complaints against Selene Finance.

Selene Finance has developed a reputation for numerous questionable practices and there is a website devoted to exposing alleged foreclosure fraud committed by Selene Finance. Loan Modification: “If you cannot afford the current mortgage payment due to a financial hardship and you want to stay in your home, we may be able to change certain terms of the mortgage account - such as the interest rate or the repayment term- to make the payments more affordable.”.Most often, this plan is used in times of temporary hardship, such as unemployment.” Temporary Forbearance Plans: “A forbearance plan temporarily suspends or reduces the amount of the regular monthly mortgage payment.Repayment Plans: “If you fell behind on payments due to a temporary hardship, but are now in a better position financially, a repayment plan may be a manageable way to bring the account current.”.On their website, Selene Finance outlines a number of options for customers who are facing foreclosure and want to stay in their home, including: Headquartered in Houston, Texas, Selene Finance is a residential mortgage company that handles all aspects of mortgage loan servicing, including receiving monthly mortgage payments and pursuing foreclosure against homeowners who fall behind. Metrick, we have defended borrowers against foreclosures from many different Lenders, including Selene Finance.

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