At the law office of Ira J. Metrick, we have defended borrowers against foreclosures from many different mortgage servicing companies, including Shellpoint.
About Shellpoint
Shellpoint Mortgage is based in Florida with offices in South Carolina, Texas, and Arizona. Shellpoint manages mortgage loans after mortgage lenders originate them. They are America’s 5th largest non-bank mortgage servicers.
If your mortgage is serviced by Shellpoint and you need assistance to defend a foreclosure or apply for a loan modification, contact the law office of Ira J. Metrick today.
Will a Loan Modification Stop Foreclosure?
When a borrower submits a loan modification package that meets all of the lender’s requirements, federal servicing rules often require the foreclosure process to pause while the application is under review. If the modification is approved, the original mortgage terms are replaced, and foreclosure activity cannot move forward as long as the borrower complies with the new payment structure.
If your application was denied by Shellpoint or another servicer, the process still isn’t over: they are required to explain why an application was rejected and provide information on how to challenge that decision. Many denials are the result of calculation errors, missing documentation that was actually submitted, or improper application of servicing guidelines.
An experienced loan modification attorney can review the lender’s decision, identify procedural mistakes, and prepare a strong appeal that forces the servicer to properly reassess the homeowner’s eligibility.
Can a Mortgage Company Refuse my Payment?
In certain situations, a mortgage servicer is legally permitted to refuse partial payments from a borrower who has fallen significantly behind. Once multiple monthly payments are missed, the lender may demand full reinstatement rather than accepting smaller installments. This can put homeowners in a difficult position, especially when they are trying in good faith to catch up. A payment refusal is often a signal that the loan is being pushed toward foreclosure, but it does not mean the homeowner is out of options.
If Shellpoint has refused your payments, call for a free legal consultation today. Our firm works directly against lenders and servicers to challenge improper conduct, negotiate workable solutions, and pursue loan modifications where possible. If you are facing a payment refusal or foreclosure pressure, we can help.
Helpful NJ Foreclosure and Loan Modification Resources
- Foreclosure Defense Overview
- New Jersey Foreclosure Timeline
- New Jersey Sheriff Sale Overview
- New Jersey Sheriff Sale Timeline
- New Jersey Loan Modification Information
- New Jersey Loan Modification Timeline
Contact Ira J. Metrick Today to Discuss Your Shellpoint Foreclosure in NJ
If your mortgage is serviced by Shellpoint and your home is facing foreclosure, contact us today. We can discuss your situation and help you defend the foreclosure and determine if you are eligible for a loan modification. We also offer aggressive representation to assist in the loan modification process.
We can also ensure that the lender has followed all proper foreclosure procedures and has not violated your rights as a borrower. These violations can include, but are not limited to:
- Pursuing a foreclosure or sheriff sale while your loan modification application is still being reviewed (also known as Dual Tracking).
- Refusing to honor or review your loan modification.
- Not responding to your loan modification application within 30 days.
- Refusing to accept your mortgage payment or mortgage reinstatement.
- Declaring you in default and threatening foreclosure even though you are up to date on your payments.
If any of these or other situations have happened to you, contact the law office of Ira J. Metrick today to discuss your options.