My Loan Web. The Court of Appeal held that the Code of Conduct for Persons Licensed by or Registered with the Securities . Like Comment Share. Your activity looks suspicious to us. 5481(6) in connection with the offering or provision by such covered person of a consumer financial product Explore guides to help you plan for big financial goals, https://files.consumerfinance.gov/f/documents/cfpb_servis-one-inc-BSI-financial-services_consent-order_2019-05.pdf. Who's crazy enough to start this website? Consumers love to do business with someone that can admit mistakes and state how they made improvements. They advise you to contact customer service at 800-327-7861 to get your payoff letter. Please prove that you're human. BSI Financial Services is primarily a loan servicer, approved as a servicer for Feddie Mac, VA, Fannie Mae, FHA, and Federal Home Loan Banks in addition to private investors. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Get more reviews from your customers with Birdeye. Email this Business. iPhone. 238 likes. 110. Forgot password? Access the Case Summary and Docket Report to access additional information about this case on the US Court's PACER system. Advertisers above have met our The New York Real Property Action and Proceedings Law (RPAPL) has been in effect since December 20, 2016. Strategic. All right reserved.FairShake Inc.2323 BroadwayOakland, CA, 94612Tel: (510) 937-3247. CFPB Accused BSI Financial Services Of Improperly Handling Mortgage Servicing Transfers. However, prior to that time BSI has failed to properly maintain the property, per the New York Real Property Actions and Proceedings Law and we felt we needed to take further action.. BSI is also a direct lender approved by Ginnie Mae. Our employees are guided by a set of core values that promote transparency, personal initiative, reliability, humility and frugality. The latest litigation cases involving the company BSI Financial Services Inc. () Have a complaint against BSI? All rights reserved. Erie County, NY- Erie County Clerk Michael P. Kearns and the Western New York (WNYLC) Law Center Stay have filed a lawsuit against Servis One, Inc., d/b/a BSI Financial Services ("BSI") over failure to inspect, secure, and maintain a vacant and abandoned property in the Town of Cheektowaga under the New York Real Property Actions and . Under RPAPL 1308, mortgage servicers must inspect the subject propertys exterior to determine its occupancy status within 90 days of a borrowers delinquency and every 25-35 days thereafter. How those businesses take care of those complaints is what separates good businesses from the rest. We do know that BSI settled a class-action lawsuit in. [21-20073] (SDH) [Entered: 02/17/2021 04:25 PM], INITIAL CASE CHECK by Attorney Advisor complete, Action: OK to Process with Special Issues to be Briefed. VA previously provided advice concerning According to the complaint, the plaintiffs' mortgages eventually were serviced by the defendant and they allege the defendant has violated the RESPA with its policies. Per Curiam:* After defaulting on her mortgage, Angela Cao filed lawsuits against BSI Financial Services, Selene Finance, L.P., and MTGLQ Investors, L.P., who were at different times the mortgage servicers for the loan. Why Ripoff Report will not release author information! You can send emails to: The best way to speak with a human at BSI is to call the customer care team at 800-327-7861. What the BBB has done to consumers for over 100 years is one of the many reasons why Ripoff Report was created. However, how you do this is based on many factors such as the fact you have for your loan. If you want to republish the article For more information, visit www.consumerfinance.gov. Managing complaints effectively is vital for regulated financial services. This manual process often did not keep pace with scheduled changes in interest rates on ARM loan, the CFPB said. Who is ED Magedson - Founder, Ripoff Report. %PDF-1.6 % A counselor will listen to your situation and help you determine if it merits a short- or long-term solution. Site Map Capital One is a credit card company with millions of customers. SPECIAL ISSUES TO BE BRIEFED. They were purchased in 2006. You might be able to use a traditional court case, small claims court, or binding. If they agree that there was wrongdoing the attorney might represent you. 9 Feb - 10 Feb. Stay at this 4.5-star luxury hotel in Taoyuan City. 1160, series of 2022 (link here) and adopted the Amended Regulations and Guidelines on Financial Consumer Protection ("FCP") Framework to implement Republic Act No. Next year I am definitely filing with another mortgager and will pray the next one is fair and just. It is because of our book of business, reputation, and personal relationships with top insurance carriers that we are able to . Lonsen Kiri Chemical Industries Limited has successfully completed its upgradation of ISO 45001 Certification from BSI with the help of Punyam.com in Thursday, 02 March 2023 10:25 GMT I thought the disservicer title was kind of clever as theyre supposed to service loans. A debt collection company purchases delinquent debt from mortgage lenders at a fraction of the value and then proceeds to profit by trying to get repayment in full. BSI did not properly maintain interest rate data received from previous mortgage servicers on thousands of ARM loans from September 2012 through May 2015. Their main. Information provided by various external sources. It offers quality control services, such as underwriting review, desk review of appraisal and reordering of field appraisal, compliance and closing review, fraud investigations, and high cost loan testing. No. That is the warning made by MPs on the All-Party Parliamentary Group on a Green New Deal, which has this week published a new report assessing how local action can help to accelerate emissions reductions in key sectors including buildings, energy, transport and food.. This is the worst loan servicing company I've ever dealt with. BSI Financial Services. BSI produces technical standards on a wide range of products and services and also supplies certification and standards-related services to businesses. Manage all your bills, get payment due date reminders and schedule automatic payments from a single app. steve@mfi-miami.com; Free Call: (888) 737-6344; About MFI-Miami. People who write reviews have ownership to edit or delete them at any time, and theyll be displayed as long as an account is active. ASK your mortgage company who services their loan and if it is BSI Financial go elsewhere. If you have paid your mortgage in full a payoff letter will provide verification. flood certification: $8 to $16. BSI's has consistently failed to correctly post the monthly payments we tender each and every month, as well as failed to adhere to standard accounting practices. BSI Financial provides mortgage servicing and special servicing, loan quality control, REO and asset management services, and life-of-loan performance reporting using proprietary data analytics tools. You can mail a payment to: BSI Financial Services P.O. A mortgage servicer is a company which sends you mortgage statements, keeps track of interest, responds to questions, and, approved by Ginnie Mae. have to do with late payment fees, false advertising, and, . Sections 1308 and 1310 of the law obligates mortgagees and servicers to assume certain responsibilities in connection with vacant and abandoned residential properties securing mortgage loans in their portfolios. Delays in processing times due to errors on their end. First to Review. I have filed a complaint with the BBB. Average of 93 Customer Reviews. Given how high inflation is right now, why arent mortgage rates even higher? Copyright 1997-2023 Ripoff Report. Owners who claim this profile can update information, boost SEO, and more. I've asked for loan documents to give to the new loan company and they say they've sent them when they haven't. 8IcM{[Mx@ NC7>IVLh Kx_@e_5v#$8 !$Yp)Lqa *&S%c3c`3v\NS4V)dJJ&dmESKOO9CLSjPUM %4\f}:iY CV2"zw H4]jiEBei+8VSqjo.E_X]yJ%%}V}mw;h__o You need to enable JavaScript to run this app. Yang Sheng Tian Xia Massage in Taoyuan (Phone Reservation Required) *Health Tianxia Meridian Center provides selected courses such as meridian conditioning, whole body finger oil pressure and foot massage. 553 0 obj <>/Filter/FlateDecode/ID[<21804ED81941BA6F07887A76D447D657><1C58D967F73495498B90E0C9C1A5DC2D>]/Index[539 35]/Info 538 0 R/Length 87/Prev 904758/Root 540 0 R/Size 574/Type/XRef/W[1 3 1]>>stream (Best view with screen resolution 1024*768 in . ASK your mortgage company who services their loan and if it is BSI Financial go elsewhere. Admitted Exhibits on File in District Court? Site by, The new, must-have technology thats tackling lendings greatest challenges. Instead, according to the CFPB, BSI manually created interest rate adjustment tables based on information contained in the underlying mortgage documents it received from the previous servicer. Irving, TX. [21-20073] (CMB) [Entered: 03/02/2021 01:49 PM], BRIEFING SUSPENDED - reissued with special issues to brief. A payoff letter has to be ordered a minimum of five business days before your payoff date and it must be in writing from BSI. Last reply by Sean Ryan Feb 22, 2016. Phone Number +1 8665814513. I will be requesting licensure suspension and imposition of sanctions and fines. I was having problems with the company for months. 2005 - Present18 years. Lead Counsel? Those deficiencies led to BSI not recognizing an unknown number of servicing customers who had an in-process loan modification or were engaged in pending loss mitigation activity and failing to honor those loss mitigation proceedings. 21-20073 (5th Cir. Say we owe over $22,000.00 for the rest of their so called contract !!!!!! A/Pet's Brief deadline canceled [21-20073] (CMB) [Entered: 03/02/2021 02:18 PM], BRIEFING NOTICE ISSUED. 3. They owe me over $5000 in excess funds from a loan that was paid off about a month ago. Companies can ask for reviews via automatic invitations. Yes, BSI is real. The Town of Cheektowaga has diligently committed inspections of the property from March 21, 2018 through June 16, 2022. Box 679002 Dallas, TX 75267-9002 OR for overnight payments you can send it to: BSI Financial Services Lockbox Number 679002 1200 E Campbell RD, STE 108 Richardson, TX 75081. We will update you on newsroom updates. Wrongful Foreclosure Filing Titusville Pennsylvania, Atlantic Pacific Mortgage BSI Financial Services Creative means of Financially raping customers 314 S Franklin Street Pennsylvania, Atlantic Pacific Mortgage Uses BSI Financial Services to RIP OFF Customers. The report draws on the Climate Change Committee's (CCC) most recent annual progress report to Parliament, which concluded . All data about Bsi Svc Inc: corporate office address, support phones, working hours, customer complaints, etc. BSI Financial Services, Inc. et al, Court Case No. Provide on-the-job training for assessor or tutor. People need to know someone is out there to help! Consumer safety specialist Jill Paterson has welcomed the publication of a bringing safe products to market Code of Practice, by UK National Standards Body, the British Standards Institution (BSI). We want to hear it. 11765 (the Financial Products and Services Consumer Protection Act or "FPSCPA" - link to Official Gazette . per night. Every time we call in to customer service we get a different answer or are told what the prior associate said is incorrect. The company provides a private label subservicing solution with ability to work with a variety of investors, such as Fannie Mae, Freddie Mac, Government National Motgage Association, and several private investors. The plaintiffs holds Servis One Inc. responsible because the defendant allegedly incentivizes its employees to force borrowers out of their homes or force borrowers to agree to loan modification terms that are beneficial to the defendant. Established in 1986, BSI Financial Services specializes in loan servicing and subservicing, loan review and due diligence, and loan default services using a global workforce. PHILADELPHIA A Pennsylvania man and a California woman have filed suit against their mortgage loan servicer over allegations that it forces borrowers to modify their loans on terms favorable to it. [21-20073] (SDH) [Entered: 02/17/2021 04:18 PM], APPEARANCE FORM for the court's review. As of 2022 the CEO of BSI was Gagan Sharma who is both president and CEO. "Service Provider" means any person that provides a material service to a covered person as defined in 12 U.S.C. Copyright 1997-2023, Ripoff Report. In addition, those who paid off their mortgages faced significant delays with escrow. They are really a light for us in a very hard time. It has been reported that BSI does not follow the terms of home loan modifications, and the company has not always been clear when it comes to its policies and regulations. copyright 2023 BSI Financial Services.All Rights Reserved. As a result, the Zombie Property Task Force has submitted numerous complaints, through the WNYLC, to the Department of Financial Services concerning the maintenance issues on the property on behalf of the Town. As a result, BSI did not recognize an unknown number of customers who were loan modification negotiations. "Respondent" means Servis One, Inc., d/b/a BSI Financial Services, and its successors and assigns. The company was founded in 1986 and specializes in a range of financial services such as mortgage lending and servicing. Corporate Advocacy Program: How to repair your business reputation. BSI Financial Services, No. 2:12-cv-01850 in the New York Eastern District Court. No Electronic ROA deadline satisfied. Company Type For Profit. I had a bankruptcy discharge in 04/2020 and sent them the legal document to allow me to obtain full access to my account. Find out how we combat fake reviews. Have a complaint against BSI? You can also pay over the phone at 800-327-7861 but there is a. . Aurora extends the Better.com merger deadline once again, Real estate agents wonder if inventory levels will ever return to normal, Optimizing client engagement and communication in 2023, Shared Equity: A required intervention for home affordability. If you are struggling they won't help you. The parent, BSI is headquartered in Texas with offices in California and Pennsylvania. BSI, for its part, noted that all of the conduct referenced by the CFPB took place several years ago, and said it settled the case to put the matter in the past. Lawyers will investigate whether BSI violated their obligations to you and caused you harm by doing so, what amount of money was involved, and what evidence you have. BSI reports that these are typical fees associated with new home loans: Appraisal: $350 to $550. These duties range from tasks such as scheduling briefings and meetings and . Enjoy free WiFi, free parking and 4 restaurants. Anyone can write a Trustpilot review. These are some of the common questions we hear about BSI: Yes, BSI is real. If you've had trouble with your card, you can file a class-action lawsuit to get your money back. If you have issues getting in touch, submit a complaint about bad customer service too. in Headlines August 29, 2020. 1-1, Hangzhan South Road, Dayuan District, Taoyuan City, 33758. 4,713 . Our professionals combine innovative thinking with our unrivalled first-hand industry knowledge to offer our clients consulting expertise, complex technology and package integration, and . How do you transition from QC defense to offense in 2023? BSI Group, also known as the British Standards Institution, is the national standards body of the United Kingdom. The property was cleaned up and auctioned in August. https://www.bsigroup.com. They acquired servicing from Flagstar. Birdeye helps millions of local businesses to be found online with all their reviews and accurate business information. A more recent docket listing Apply for a loan online. MFI-Miami's aggressive BSI Financial Foreclosure Defense Team is BSI's worst nightmare. You can send a complaint against BSI to the Consumer Finance Protection Bureau, the Federal Reserve, or a regulatory agency for BSI. Here are 8 tips for writing great reviews. THIS PLACE IS THE WORST!!!! Class action lawsuits may or may not be allowed depending on the terms of your loan agreement with BSI. $66,410 - $88,496 Annually / Depending On Experience Vitalant is where donors, talent and innovation meet to save and improve lives. Vietnam. In this role, the selected candidate will provide support to technical or managerial staff, performing routine administrative and analytical duties. You can also make a, Yes, you can make a claim for compensation against BSI if you think you have been harmed. The company issued the following statement to Housingwire: BSI has always been committed to delivering a high-quality customer experience to borrowers while complying with all applicable legal and regulatory requirements. Show customers why they should trust your business over your competitors BSI Financial Services is not merely an incompetent mortgage servicing company. Among these responsibilities are the duty to inspect properties securing delinquent loans and to register properties that meet the statutory definition of vacant and abandoned with the Department of Financial Services. hour lunch, 401K plan . Website from 1980. Lead Counsel? Hello so I wrote a goodwill letter to discover about the reason why I was late on payments (90days) and I paid off the card before it closed. Celebrity Skin Cream wrinkle cream rip-off advertisements US Based and Foreign companies bilked consumers out of Hundreds of Millions of dollars over the past 7 years. We're a promotions company, not a bank or a financial services firm, and we needed a space that reflects that spirit. Take your complaint beyond customer service and get a real resolution. Capco is a global management consultancy with a focus in financial services including banking and payments, capital markets, and wealth and asset management. The CFPBannounced Wednesday that it had concluded an investigation into BSI Financial Services. Your activity looks suspicious to us. Replaces the motion filed 04/01/2021 Date of Service: 04/01/2021 via email - Appellant Cao; Attorney for Appellees: Danner, Hord [21-20073] (Angela Cao ) [Entered: 04/05/2021 11:21 AM], CLERK ORDER granting Motion to extend time to file appellant's brief filed by Appellant Ms. Angela Cao [ # 9542312-2 ] A/Pet's Brief deadline updated to 04/26/2021 for Appellant Angela Cao [21-20073] (ABT) [Entered: 04/05/2021 05:58 PM], CLERK ORDER granting Motion for leave for pro se to file electronically filed by Appellant Ms. Angela Cao [ # 9532878-2 ] [21-20073] (SDH) [Entered: 03/23/2021 04:14 PM], UNOPPOSED MOTION filed by Appellant Ms. Angela Cao for leave to file electronically as a pro se party [9532878-2]. Interested persons or their attorneys may contact me at:Charles Barker IIImortgagerecon@gmail.comTel: 808-747-6141, This report was posted on Ripoff Report on 04/06/2018 10:54 AM and is a permanent record located here: According to the CFPB, BSIs mortgage servicing practices violated the Consumer Financial Protection Act of 2010, the Real Estate Settlement Procedures Act, or the Truth in Lending Act at various points between 2012 and 2016. Issues: Laws: Cases: Pro: Maintaining an inadequate document management system that prevented BSIs personnel or consumers from readily obtaining accurate information about mortgage loans. Company has aggressive plans for growth; the future looks promising. Electronic ROA due on 03/04/2021. that loans you money. So I just assume it's a denial. We use dedicated people and clever technology to safeguard our platform. Additionally, BSI did not have a fully automated method to enter loss mitigation information into its servicing system. CFPB also states BSI manually created interest rate adjustment tables based on information contained in the underlying mortgage documents it received from the previous servicer. Erie County Clerk's Office 92 Franklin StreetBuffalo, New York 14202, ERIE.GOV Get Directions. Date of service: 04/05/2021 [21-20073] REVIEWED AND/OR EDITED - The original text prior to review appeared as follows: UNOPPOSED CORRECTED MOTION filed by Appellant Ms. Angela Cao to extend time to file brief as appellant [9542312-2]. Their main address, according to their LinkedIn profile, is: 1425 Greenway Drive Suite 400 Irving, TX 75038, US. I hate this company. [21-20073] (Melinda Louque Hogan ) [Entered: 02/10/2021 12:22 PM], APPEARANCE FORM FILED by Attorney Richard Dwayne Danner for Appellee Stanwich Mortgage Acquisition Company, Incorporated in 21-20073, Attorney Richard Dwayne Danner for Appellee Christiana Trust, Wilmington Savings Fund Society, Stanwich Mortgage Loan Trust Series 2012-10 in 21-20073, Attorney Richard Dwayne Danner for Appellee BSI Financial Services, Incorporated in 21-20073, by Attorney(s) Richard Dwayne Danner for party(s) Appellee Carrington Mortgage Services, L.L.C., in case 21-20073 [21-20073] (SDH) [Entered: 02/10/2021 03:28 PM], APPEARANCE FORM received from Mr. Richard Dwayne Danner for BSI Financial Services, Incorporated, Christiana Trust, Wilmington Savings Fund Society, Stanwich Mortgage Loan Trust Series 2012-10 and Stanwich Mortgage Acquisition Company, Incorporated for the court's review. 76 customer reviews of Bsi Financial Services. Mar 2019 - Present4 years 1 month. We are the nation's largest independent, nonprofit blood services provider exclusively focused on providing lifesaving blood and comprehensive transfusion medicine services for about 900 hospitals and their patients across the U.S. Has your experience with this business or person been good? The Management and Executives listen to employee complaints and issues within the company, but never do anything to relieve the stress while piling on more work. Case Details Parties Documents Dockets. Handling mortgage servicing transfers with incomplete or inaccurate loss mitigation information. You can pay BSI online with a one-time payment or recurring payments through the website by logging in to your account. Accessibility, Erie County Clerk Michael P. Kearns holds media briefing regarding the lawsuit filed by the Clerks Zombie Property Task Force against Servis One, Inc., d/b/a BSI Financial Services (BSI) over failure to inspect, secure, and maintain a vacant and abandoned property in the Town of Cheektowaga. To read the full consent order, click here. Repackaged from Purchased from Amazon, stealing all certifications and false manufacturing markers from the packaging of NB food supplements. Learn more about Birdeye, Review response templates: now no excuse not to respond to reviews, 3 Ways Online Reputation Management Can Help You with Google Reviews. A payoff letter tells you what amount is left on your mortgage including any interest or fees. It is a waste of time. Erie County Clerk Michael P. Kearns Kearns and Western New York Law Center file suit against BSI Financial Services on behalf of Town of Cheektowaga, According to the Clerks Zombie Task Force, the national mortgage servicer failed to meet the New York Real Property Actions and Proceedings Law. Broker price opinion: $75 to $125. Our guests praise the pool and the comfy rooms in their . Estimated amount consumers saved since 1997: $15,590,010,907. This site uses Akismet to reduce spam. BSI Financial Services Profile and History . 573 0 obj <>stream |. Statements only updated once a month. may be available from PACER. Corporate Advocacy Program - Verified Status, How To Get Your Report Featured On All Report Pages. BS 18477, the BSI standard, can help organizations understand the different needs consumers have including those in vulnerable circumstances . No, although both are mortgage lenders. VRM to BSI Financial Services. The best way to speak with a human at BSI is to call the customer care team at 800-327-7861. Patients made into prostitutes and sex slaves, bilking insurance companies out of millions, Sac_County Iowa Prosecutor Ben Smith pays $750,000 to settle Ripoff Report 1983 civil rights lawsuit.. Federal Judge stops prosecutors abuse of power against ED Magedson Founder of Ripoff Report. It is recommended that you speak with an attorney who can evaluate your situation individually. 4.1/5 Very Good! They have used all kinds of stall tactics to prevent me from refinancing. Bogus Celebrity Advertisements FACE & Skin CREAM Ripoff! [21-20073] (Richard Dwayne Danner ) [Entered: 02/10/2021 12:12 PM], APPEARANCE FORM FILED by Attorney(s) Melinda Louque Hogan for party(s) Appellee Stanwich Mortgage Acquisition Company, Incorporated Appellee Carrington Mortgage Services, L.L.C. Subscribe to Justia's Free Newsletters featuring summaries of federal and state court opinions. This is a question for a lawyer. Throughout those inspections, the violations were the same, continuous issues, demonstrating that no work had been done to address the violations in the interim. [21-20073] (Michael F. Hord ) [Entered: 02/09/2021 01:48 PM], APPEARANCE FORM for the court's review. BSI Financial Services offers Loan Servicing, Loss Mitigation, Quality Control, Due Diligence, and Asset (REO) Management services. The first agreement allowed a partial payment. BSI Financial Services is the operating name for Servis One, Inc. The guide is applicable to direct lenders and investors, asset managers and service providers to incorporate sustainability across their operations, activities, products and services. BSI Financial Services is not merely an incompetent mortgage servicing company. (800) 327-7861. CFPB states that BSI Financial Services violated the Consumer Financial Protection Act of 2010. Issues: Laws: Learn how your comment data is processed. The Sustainable Finance Standard (BS ISO 32210:2022) offers guidance for finance organisations, including direct lenders and investors, asset managers and service providers, to drive sustainable outcomes and integrate key principles of sustainability into their operations . In addition, BSI did not have a fully automated method to enter loss mitigation information into its servicing system. BSI is owned by Service One, Inc. In April 2014, the CFPB had asserted that BSI Financial did not have an adequate information technology plan that included procedures to ensure the quality and completeness of loan data obtained from other servicers when boarding loans, the company said in a statement. Please prove that you're human. 1/4/2022. They are represented by Edwin J. Kilpela, Benjamain J. Over 90,000 businesses use Birdeye everyday to get more reviews and manage all customer feedback. John Kolenko and Jackie Barham filed a complaint on behalf of all others similarly situated on July 10 in the U.S. District Court for the Western District of Pennsylvania against Servis One Inc., doing business as BSI Financial Services Inc., alleging violation of the Real Estate Settlement and Procedures Act and other counts. To read the full consent order,click here. Thats wrong on many levels, and just penny wise thinking. Required fields are marked *. The data integrity issues identified by the CFPB were isolated to loans that were boarded by BSI Financial prior to September 2014, the company continued. Appellee Christiana Trust, Wilmington Savings Fund Society, Stanwich Mortgage Loan Trust Series 2012-10 Appellee BSI Financial Services, Incorporated, in case 21-20073 [21-20073] (SDH) [Entered: 02/10/2021 03:31 PM], APPEARANCE FORM for the court's review. , according to their LinkedIn profile, is: 1425 Greenway Drive Suite 400 Irving, TX 75038, US. You can also make a complaint against BSI with FairShake. Dont click on those slick Ads! BSI Financial Services Investigation BSI Financial Services' ("BSI") has reportedly used false advertising and illegal loan servicing practices according to recent customer complaints. Mount Laurel, New Jersey, Paradise Property Management Ventura Illegal eviction my account being hacked, PPM will not investigate how it happened Ventura California, Kei Kullberg Quintessential Mortgage Group bait and switch you into promising you a low-rate Mortgage Scammer White Plains New York, TAHINI GODDESS Sally schimko Sexyveggies Tahini Goddess inulin Goddess Prebiotic white labeling of non-licensed food supplement. I am now back working and will pay all of my pass payments current. A payoff letter has to be ordered a minimum of. Protected by Google ReCAPTCHA. Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. BSIs main phone number is 800-327-7861. 11(a); 11(b); 11(d).) During this time, (BSI) sent borrowers monthly statements seeking to collect principal and interest payments that did not reflect the correct interest rate on their ARM loans.. Half of Q4 2022 transactions had wire and title fraud risks, Handling mortgage servicing transfers with incomplete or inaccurate escrow information resulting in untimely escrow disbursements, Inadequately overseeing service providers, resulting in untimely escrow disbursements to pay borrowers property taxes and homeowners insurance premiums, Failing to promptly enter interest rate adjustment loan data for adjustable rate mortgage loans into its servicing system, resulting in BSI sending monthly statements to consumers that sought to collect inaccurate principal and interest payments, Maintaining an inadequate document management system that prevented BSIs personnel or consumers from readily obtaining accurate information about mortgage loans. Daniel Montez is a Program Specialist at Texas Department of Family and Protective Services based in Austin, Texas. MFI-Miami Offers The Only aggressive BSI Financial Foreclosure Defense Team With A Record Of Putting BSI Financial Services In A Choke Hold! This business is unclaimed. were late or delinquent when checks had been mailed and cashed. WASHINGTON, D.C. The Consumer Financial Protection Bureau (Bureau) today announced a settlement with BSI Financial Services (BSI), a mortgage servicer headquartered in Irving, Texas.