Seterus (formerly IBM Lender Business Process Services)

Compare Loan Companies

Research top Loan Companies recommendations on ConsumerAffairs

Compare Companies

Consumer Complaints and Reviews

on
Satisfaction Rating

I know how the scam works. I figured it out. I called Fannie Mae and now they just keep me on the run adding charges through Seterus. Keep your records people. I need an attorney to contact me to get a lawsuit against this company going. Not behind but there are more than one players in this scam. Please please notify me ASAP. They are trying to take mine and other people's homes. Again I figured it out how they are doing it? I need help to bring them down. I can't do it alone but I have started the process?

on
Satisfaction Rating

My mortgage was sold to Seterus without my knowledge or consent. I have had nothing but horrible experiences with them since day one. First of all their staff are all rude and condescending. I usually pay my payments by or on the 16th and always by phone. Every time I get hammered with questions about my finances and threatened with pre foreclosure because I'm "late". They want to "go over my financials" and when I tell them that's not why I'm calling they say, "Are you refusing to discuss your financials?" I tell them my financials aren't going to change anything and clearly I pay the payments when I have the funds available.

I'm a single mother of 3 and do the best I can to always pay by or before the grace period. If I call past the grace period the harassment is 10 X's worse and that's when they threaten starting the pre foreclosure process. I've had to remind them over and over that once the payment I'm making goes through I'm not longer "late" but the questions and harassment about my financials keeps going until I insist she process my payment, get my confirmation number and end the call. The questions about my financials I'm assuming are to try and get me to apply for a modification which I'm not interested in doing. I have done them before and when I realized my PMI gets pushed out further and further with each mod, I won't be going that route again. Plus, the last modification pushed my mortgage to a 40 year and I didn't save much in the monthly payment. I shouldn't have agreed to it.

Recently on Feb 8th they called my job wanting to know where the February payment is and did I want to set it up. I asked why would they be calling me about February's payment on the 8th... 8 days before the grace period ends??!!! I told her to never call me at work again and to stop harassing me for a payment that isn't late. They have also tried forcing me to set up an auto draft of the next month's payment to which I have refused and once she told me I didn't have a choice. I refused, paid my payment and hung up. I dread calling in my payment every month because I know what's coming. I always feel bullied and harassed and I never ever felt that way with Citimortgage.

on
Satisfaction Rating

I don't usually write reviews but this time I'm going to take the time to write a bad review about Seterus mortgage company. It's been over a year since my account was sold to Seterus and so far my experience with them has been unpleasant. For example, I usually make my payments before the 16th of each month and with this company they constantly call on the 1st and question me about my financial situation. In my 14 years of talking to mortgage company, I never got questioned like the way Seterus aggressively questions my financial and income. This is really weird and I think they want people to fail in their payments for some reason. I feel suspicious with Seterus, something is up their sleeve. Does anyone know of an attorney that can look into cases like this?

on
Satisfaction Rating

Loan was sold to Seterus without any notice. Always get conflicting info from every person you talk to. Mirage went up $175. They are holding a homeowners insurance in a restricted escrow account (restricted carrying money for them). Was told to sign check, overnight it and they would send it back. Didn't happen. They are still holding the $6000 funds. They have the worst service I have seen in my life and no accountability from anyone. It's not my department is usually one of their answered.

on
Satisfaction Rating

As I was reading several reviews on here, I've noticed that we all have the same problems. If there is anyone that wants to start a legal action against these crooks. Please include me in. I am tired of every single friggin time I call, they go over the same information. But what they are fishing for is your private accounts and where and how you spend your own money. Please for the new and old customers that have been unwillingly placed with this fraud of a company... do not give out any personal information, which includes mainly your bank accounts, credit card bills, your income & anything else they can and will use against you. I have made multiple mortgage payments in the last 2 months and they are still saying I am behind. Good thing I have proof of all my payments and I do advise all to keep a log of conversations. So today as of 1/10/2017, I know I am caught up with payments and back on track. So Seterus be ready for a lawsuit.

How do I know I can trust these reviews about Seterus (formerly IBM Lender Business Process Services)?

  • 697,993 reviews on ConsumerAffairs are verified.
  • We require contact information to ensure our reviewers are real.
  • We use intelligent software that helps us maintain the integrity of reviews.
  • Our moderators read all reviews to verify quality and helpfulness.

For more information about reviews on ConsumerAffairs.com please visit our FAQ.

on
Satisfaction Rating

This is the worst mortgage company ever. The customer service people are rude. One of the representative's services was so nasty to me I refused to talk to her. I am currently on my loan and they still call. I had to block their number. I am trying to refinance with my credit union just to get away from this horrible company.

on
Satisfaction Rating

I am a retired single person homeowner who is never delinquent. Every month I receive a letter saying I missed a payment. Recently I called them and asked to have these letters stopped as my payment is always made by the 15th of every month. I explained that my SS check comes every second Wednesday and therefore I could not pay on the first of the month. The representative then said that I wanted to stop all communication with Seterus and I replied that is not what I asked. I said if I was late I certainly would appreciate a reminder notice. She then put someone else on who I explained the same story to and she said I would have to write a letter to their office in Connecticut. It is very interesting that they record phone conversations for educational reasons and they cannot see any areas where improvement can be made. I look forward to the day when this mortgage will be paid off, just so I never have to deal with them again.

on
Satisfaction Rating

Our mortgage was with Chase and we did a loan modification. Our loan was sold to Seterus without our knowledge or consent. The ONLY way that they will allow us to pay them is through Western Union and every month we suspiciously owe a different amount. Then we have to go to Western Union's site to pay them. When we're lucky enough to receive an actual statement, it only shows credits and debits. We haven't ever gotten a detailed statement telling us WHERE our money is going.

After being under their thumbs for two years now (with our credit and the low interest we're locked into, we're stuck with them for now), they came to us YESTERDAY and said that Chase made an error with our escrow account, so they're raising our payments $77 a month and she wanted the money immediately. My husband put the call on speakerphone and I told her that we were "No longer going to be subject to their extortion and that we would contact the State Comptroller and Attorney General's Office".

They've gone out of their way to be curt, short, obnoxious, and rude. When we were recently behind a payment for a short time, but it was just a cash flow issue due to a wreck that could've killed my husband because it was so serious... They called harassing my sick and confused husband. Then, one of their employees tells him that "We might as well give up the keys for a short sale because we'd be better off walking away from it when they're just going to foreclose on it anyway." I'm convinced that the only reason that this company purchased low interest modifications, is so that they could make their money charging fees and betting that the properties would be foreclosed on since they were recently in distress. Please contact the Attorney General in your state. These crooks need to be stopped.

on
Satisfaction Rating

Seterus is actually an agent of USA Government. They are the puppets that our Government have employed to steal money & homes. If you are upside down they have no interest in your loan but to collect all they can. If you have large equity they are relentless in their scams and harassment. They mail letters to your homeowners insurer claiming the home is vacant when at the same time charging monthly occupancy checks. They know you will be canceled if your home is unoccupied, then they can place QBE insurance on it. They charge huge rates & kick back part of those funds to Seterus! My payments are paid by the US Trustee every month to not Seterus but Federal National Mortgage, the US Government. Seterus services the loan but Freddie Mac doesn't let them touch their money. Does that tell you something?

The worst thing about this bunch of criminals is that when you go to sell a home they serviced you will be paying for the air they created. Their accounting is at best questionable, at worst criminal. Class action may net a small percent of what they have taken from homeowners but they will skate with the Lions share of our hard earned money. Just remember who unleashed these predators, and crooks on you. It wasn't BOA, Chase, CITI, it was your government - Federal National Mortgage. Our battle is with our representatives in government for unleashing Seterus and covering their activity up to operate the Federal National Mortgage in a similar manner as the questionable IRS.

on
Satisfaction Rating

My loan from B of A was sold to Seterus. I was never late on my payments and I continue to make my payments within the grace period. My payment becomes due on 1st but is not late until after the 16th. I am called on the 2nd every month and harassed for an overdue payment consistently. Really??!!

on
Satisfaction Rating

Conflicting information -- from amount owed monthly, where to send payments (Chicago, Los Angeles), amount required for escrow, where to send, and amount of taxes owed. A truly frustrating, aggravating, and blood pressure raising experience. They identify themselves as a debt collector but I have no clue why Bank of America sold my mortgage to Seterus. Extremely confused and unprofessional phone staff.

on
Satisfaction Rating

My loan was sold by BofA to Seterus, much to my dismay. Everything had been running smoothly for 15 years. The transition was very messy. The last payment with BofA was not recorded properly by Seterus, automatic payments did not kick in properly after set-up, late payments penalties were charged, an escrow account was opened to collect taxes I had already paid, an insurance policy was opened when I already had insurance, many phone calls made, holding times of 25 minutes before being disconnected, total frustration with this company.

on
Satisfaction Rating

Trying to work with Seterus has been one of the worst experiences I have encountered. Their CUSTOMER SERVICES is horrible. First off I am not delinquent on my mortgage. I pay outside of the grace period due to excessive financial obligations. I contact Seterus Inc. several times to see what we can do because they informed me that my interest rate is going up which would make it more difficult to stay current and pay all my bills. I have kept in constant contact with them, they do not call back as promised, the customer service reps speak to you in a condescending manner, they are very rude and cut you off when speaking.

Today, I spoke to a poor excuse for a supervisor. She had the nerve to ask me "how are you experiencing a hardship, if you still pay the mortgage monthly?" It seem as if they want you to be so far delinquent before they will offer any assistance. Every time, I call they tell me to do something, I do it and then something change and they do not have the common courtesy to let me know that additional information is needed before labeling the case as closed for inadequate supporting document. Something definitely need to be done about these companies that they customers hard earned money every month but treat them as nothings whenever they need some assistance.

on
Satisfaction Rating

This company is unbelievable. They messed up on resting my increase of payment due to my escrow account. They sent 1 letter with a new payment amount and then 1 month later sent another letter with a different amount. The 2nd letter I did not receive until after the payment for that month was due. They have been charging me late fees for a year that I refuse to pay. I have filed a claim with my Senator's office and Attorney General. Everyone who has been in situations with payment and late fees with this company need to do that. This company is ridiculous. You cannot talk to anyone that actually understands what you are talking about and are told too many times you have to write a letter. They hide behind the letter writing and never do anything to see what is right by the customer. I have never been late on my mortgage but I refuse to pay them late fees for an error they made.

on
Satisfaction Rating

After a divorce, I struggled financially. Seterus added more and more charges to my loan, for "inspections", late fees, and partial payments. When I finally stabilized with a new job and solid income, I tried to work with Seterus to catch up (about $3,000). I made regular payments, however, Seterus "accounting" takes current payments to pay fees and late charges, resulting in a record of partial payments, which were held in a separate account. That led to increasing number of late fees, etc. I was told that if I did not agree to a "work-out" plan my loan would be foreclosed. However I "might be able (if the service agent could "convince" the manager) to avoid foreclosure if I accepted a repayment plan (that I was not sure I could do).

I tried to contact Seterus for a month begin my repayment, but phoned several times to hear "our office is temporarily closed. Please call back later." I made my regular payment to Seterus, but now see it has been returned to my account. I'm guessing now I will be billed for more late fees and other charges. This company is deceptive, and is not supportive of its customers. I also was a transferred loan (8 years ago) done by Chase Bank with no notice.

on
Satisfaction Rating

I am so ANGRY with Seterus Inc. I made a monthly payment but put some extra towards my escrow. They applied the entire amount towards escrow. I have called 5 times (at about 45 minutes per call) and sent 2 fax. My mortgage is now a month past due and hurting my credit and still no resolve. The last call I made landed me with an extremely rude manager who insisted on doing NOTHING to help me resolve this issue.

on
Satisfaction Rating

Oh My Lord!!! My mortgage was sold to Seterus from Chase. Neither Company is good. Since Seterus took over my mortgage, there hasn't been any welcome package - nothing. I have called every day since 10/1/2016 and they have never once returned my calls. I have also been on hold as long as 2 1/2 hours and then they disconnect me. This is truly annoying. How do they expect you to pay your mortgage? Also can't get on the online sign in without a loan number. I am getting so frustrated. This company stinks.

on
Satisfaction Rating

Seterus foreclosed on my home after I was working with them to get a loan modification. I have lawsuit going against them, they are very dishonest. I realize now, once they realized the equity I had in the property it was a catalyst to foreclose for them. Anybody else in a lawsuit against them for foreclosure in California?

on
Satisfaction Rating

Since our mortgage was transferred from Bank of America to Seterus, Inc. it has been a disaster. Most of the representatives are not knowledgeable with my account and have given me the wrong information because they don't bother to read the previous notations made by previous representatives. The modification we signed was coerced on us under time constraints as were told that the Judge that was handling our case said that we had to make a decision that day, and we were not told all of the details before we were told to sign the modification. As it turns out we were given a lower interest rate with a 40 year mortgage that we have no hope of being able to pay off due to our ages, nor can we get the house refinanced by anyone other than Seterus, Inc.

on
Satisfaction Rating

I've dealt with this horrible company for years, unfortunately. My mortgage was sold to them twice so I had no say in the matter. I really wish we could control what company services our mortgages because Seterus would definitely go out of business! They are basically incompetent on the phone, there is no email address on their website to contact them, and their statements are difficult to understand.

First major error they made was years ago. My address is very long and their computer cut off my condo unit number on the letters they were trying to mail me so I missed several crucial documents for my loan modification. As a result, when I figured out what was going on, my loan modification had expired so I had to start the paperwork all over again (and this paperwork took a long time to fill out). This delayed my modification by months. That's money I could have really used! Second major error just occurred. Without my permission (written or verbal) they went into my bank account and took my loan payment. They did this twice. I didn't know they had done this so I wrote 2 checks to them. That's when I started bouncing checks and was getting slapped with fees.

I ended up making 4 payments to them in the space of 2 months and I can't afford that! And today is Sunday, so they don't answer the phone on Sunday. My entire checking and savings accounts are wiped out and I have zero money to my name until I get paid on Thursday. I am aghast at this "company". I wish I could escape from them!

on
Satisfaction Rating

They took over my loan in November 2015. It was behind at the time, but they were saying it was far worse than it was. I had to pay them what they asked for 6 months, all the time asking them where the extra money was going. Finally after 6 months they agreed I had over paid by 2 months but still would not refund any money, instead they gave me the next 2 months with no payments. This did not make up for the financial bind they had put me in for 6 months with my other creditors or for forcing me to get behind on my utilities for risk of losing my home. Another thing which is still I was questioning was where an additional payment of 30.00 they were taking each month was going.

It's been 11 months and this has still not been answered satisfactorily to me. They had told me it was escrow for taxes originally, but they did not pay the taxes until they were 4 months late and I questioned it after my name was in the paper for being delinquent on my taxes. And they sent me a new escrow analysis raising it from 30.00 to 75.00. At this time I complained again as to where the escrow money had been going to and was told homeowners insurance. I explained that I had been paying my own insurance and that my insurance company had notified them of this twice and that Seterus' own insurance department had told me they were aware of it.

Now they told me I would have to send in writing by regular mail a request to stop escrow for insurance. I wrote them a letter asking them to stop, explaining I had my own insurance and to please let me know where the escrow money had been going. Seterus has just sent me several documents saying they have been paying my insurance and that they have not received any information about my insurance coverage. My homeowners' insurance company says they have only received payments from me. That they have double checked to make sure I don't have two policies and I don't, and that they have contacted Seterus a couple times. My complaint is that If I have been paying 2 insurance policies then I should be due a credit and that I have been over charged multiple times.

on
Satisfaction Rating

I accidentally made two mortgage payments. They WILL NOT look in to their OWN system and see a duplicate payment was made and return it. This requires letters... TWO LETTERS FROM MY BANK to be faxed to them. From that point the letter MAY be viewed in a day and then, IF APPROVED, I will get a paper check IN THE MAIL anytime after 14 days. This all means that they are responsible for NO CUSTOMER service to me. All of this is my responsibility to push through their system. Two letters WERE faxed over. They didn't like that particular verbiage but nobody was going to call me and tell me this. There is absolutely no help and no one that can do ANYTHING but continue to repeat the chain of events I described above. Meaning shut up and wait. If your bank can choose another mortgage lender I would steer clear of Seterus!!!

on
Satisfaction Rating

I came out of bankruptcy at the end of Feb. 2016. I made a payment in Mar. and Apr. 2016 then was told in June that my payment was a month behind. Computers updated? I am still showing behind. My attorney sent them a letter and final discharge of bankruptcy. I have also had a letter on file from my attorney for at least 2 years that I could speak to them about loan questions or issues. Now last payment I got told by some idiot I had no letter. Got that straightened out.

Now this month I get told the letter is about escrow only. They got cussed out. Made my payment electronically. Also a few days ago I received a letter that my escrow is $600 short even though my payment increased $32 a month only 3 months ago for escrow adjustment. These people seem intent on screwing their customers at any chance they get. Trying to get my finances back in order, but keep getting kicked in the teeth by corporate greed. Sure as hell no way to run a customer service company. POOR!!!

on
Satisfaction Rating

First, let me begin by saying we are half the issue here. There is accountability that we must own and we are willing to own. My husband pays our mortgage each and every month. Unfortunately, he pays each month late and willing to pay a late charge each month. We just learned that when we submit payment online by paying "Next Payment Amount" that that total does not include the monthly late fee. Instead the late fees have been rolling over for several months. We now owe a large bill for late fees which appear on the monthly statement as "Total Charges." Based on what Seterus' website indicates, it is fair to assume the amount needed would have included that month's late fees.

When talking with Seterus they are armed and ready to battle this complaint. They acknowledged that their website does not match their monthly statements. They explain it as a minimum due yet the website, when making a payment, does not indicate other charges or a past due amount or that there are other fees to reconcile. They are also quick to point out that they are not obligated in ensuring the information portrayed on the payment screen of their website matches their monthly statement. Their customer service is appalling. They are too preoccupied in stating their stance, extremely argumentative, condescending and don't listen to the customer they service. In fact, when I stated "...this was the worst customer service I have ever experienced," the response I received was, "...that this was not customer service... it is debt management." I have had bad customer service experiences before but this was just absolutely horrible/horrific!

They are not solution oriented. When I asked for a solution, stated I feel mislead, and questioned why a company would let late charges keep rolling over month after month, their solution was to waive 18%... then because I was not willing to pay on the spot, implied to me that they suspect that we don't have the funds to pay anyway and that the waiver was only good when paying on time. There are several lessons here for my husband and I, but we ensure our mortgage is current each and every month. There is no need to place judgement on us.

I would have appreciated a company who could have understood our plight and provided us a more accountable solution for both them and us. Their website should indicate the same information as their monthly statement or at the very minimum call the attention to us that there are these outstanding charges. It's pretty clear we want to pay our monthly bill and that we weren't getting these charges were/are rolling over.

on
Satisfaction Rating

Like most people I've read about nobody chooses to takes it Seterus as their mortgage company. They buy your mortgage. My guess is their preferred accounts are struggling homeowners. I just finished a home loan modification with CITI. I made my first modified pmt to CITI then my loan was transferred to Seterus. They immediately did an escrow analysis and upped my pmt. For those who have done home loan modifications you know how painful that process can be and how long it takes to complete.

That was almost 2 years ago. Long story short my payment has been all over the place ever since. Their customer service agents are rude, disrespectful and condescending. Even though I've been trying to make my payments and work with them I feel I'm treated like a deadbeat. I was very fortunate to receive a lump sum payout on a pension I earned from a company I did 20 years with. When I had gotten divorced I lost my 401k. This pension came as surprise. I'm 47 and had nothing saved. I'm also a single mother of 4 trying to provide for my kids and hold on to house for their sake. Because of ever changing escrow send I've changed Insurance and shopped around, plus other financial challenges I've had to hit that acct 3x. Each time I pay dearly for taxes and fees. My last withdrawal has almost cleaned out acct.

I called Seterus and asked them how much did I need to pay to get my mortgage payment back down to the original modified amount from city mortgage. They told me the only thing I can do is pay the most recent shortage which was over $3000. The newest payment they had come up with for me was beyond my means. I explain that to them. I told them I needed to get back to my modified payment. So I came to the understanding that I'll never get back to that payment that was agreed upon with city mortgage but if I made that $3000 plus payment my escrow account would be adjusted and my payment would go down to one I can almost afford. The only catch was I needed to have it paid within three days. If I didn't make the due date on the escrow payment stub my payment was going to permanently stay up at the higher pmt.

The next day I got the cashiers check. I went to the post office. I paid $22 to overnight the payment. Was sent to the address on the escrow payment stub. It was signed for by someone in their organization by noon time that following day and it should've been posted to my account on the 14th which was the cutoff. They did not post my payment until the 15th so my mortgage payment was not adjusted. My money is sitting in some suspense account. My retirement money that I'm going to pay dearly for and that I can't borrow from again is tapped out.

When I called about this their solution is for me to make the payment I can't afford and then they will reimburse me sometime in the future. I argued that I follow the rules, I have a signature shows they have my money and they didn't do their job. So Why am I being punished. I can't pay. I have four children to feed. I don't have an extra $400 to loan them because they haven't done the renewed escrow account analysis.

I asked for a supervisor. Was put on hold for an extended period of time. The girl came back and said the supervisor was going to talk to her supervisor some vice President and they were going to expedite the escrow analysis of my account and see about allowing me to send in the payment that I'm supposed to make the correct amount and that they would somehow credit that additional $400 which is exactly what they should've done what they should've offered in the first place. I told them "fine. I'll make the correct payment. You do whatever you need to do on your end when you get it straightened out. You'll have my money." I was told "do not send your payment. Wait to hear from us."

This may be premature but they were supposed to get back to me yesterday. They have not contacted me. I am now sitting, waiting to pay my mortgage payment, waiting to hear back from them and based on the reviews that I have read that might be when HELL freezes over. I'm reporting this now because it feels like this is a predatory financial institution that seeks out customers families who are struggling to pay the mortgage but are still trying to pay and they are not cooperating. They are not accommodating. They are rude, disrespectful, condescending and they are not helping. If this gets resolved in the very near future hopefully this week I'll report back and let you know. If it doesn't I wanted to start a documentation somewhere about my dissatisfaction and my concern about the practices of this Organization. I wanted to add to the already growing number of complaints about this institution.

on
Satisfaction Rating

I have been waiting since 7/24/16 for a refund on overpayment of escrow account. I called Seterus on 7/21 because I had not received my escrow summary I get every year. I was told the amount and that it had to be there by 7/25/16 or my payment would go up. I sent a 2-day express letter they received and signed for on 7/23/16. I call on 7/24/16 to make sure it was applied correctly and was told I paid $400 too much. Now that was the amount they told me. So they said it could take 10-15 to do another escrow analysis and let me know in a letter. I have called every week and spoke to a different person who tells me a different timeline.

Here we are 8/4/16 and I was told today it could take up to 30 days to receive my refund after they run another analysis. Speaking to a supervisor is a waste of time, they all tell you the same lie and a different timeline for getting my refund. If they had sent my escrow analysis when they were suppose to this would not have happened. Instead I'm calling every week trying to get my refund. To say I'm angry is putting it mildly. They are the most useless staff and everyone has a different answer. Hopefully this will end soon but I'm not holding my breath... Never again would I do business with this place. They need to send everyone back to class to learn the job so they can give out correct information and not just pull it out their butt!!

on
Satisfaction Rating

I called to get an updated mortgage maturity date as I over pay every month. I had 2 overly rude ladies answer the 1st 2 times I called that hung up on me. The 1st lady after I was on hold for 10 minutes and the 2nd lady after she told me she couldn't answer me. I called a 3rd time to speak to a supervisor and she put me on hold for 20 min and I eventually hung up because I have to return to work to pay said mortgage. They're downright awful.

on
Satisfaction Rating

This company has major problems with finding your mortgage when it's sent electronically by your banking institute. Being a part of a government program your mortgage continuously gets sold! As a mortgage holder and adult I pay my bills! I have spent more time tracking payments for this company that I am not doing their job anymore! My banking institute has confirmed not only a years worth of mortgage payments, but a month will go by and here comes the letters needing more proof! Really something needs to be done. IT'S ONE thing to PAY your BILLS, BUT then to KEEP BEING TOLD IT'S DELINQUENT? They now just claimed they need March-July, I said "check where January and February went, you may find them in the same place - your bank!" What can be done about this? Stay away from this company!

on
Satisfaction Rating

I bank and had my mortgage with Bank of America for many years. After Sandy we needed to rebuild our home after a total loss. We went through the modification process with BOA were approved and at that time brought our account up to date and started to prepare for the re-build. (Prior to the modification we were not sure if we would just have to go into foreclosure because insurance from Sandy was horrible). We were notified a month later (Feb 2016) that Seterus took over the loan.

We STILL cannot get them to recognize the payments we made to BOA to bring the account up to date. We cannot get them to send us a paper statement with our principal and proof the modification is being honored. Calling them is a complete waste of time. Every person tells us a different amount, they keep asking for the same documentation over and over. This is a scam with BOA to get people to pony up large sums of money then dump it on Seterus who then plays dumb and asks for all your financials again to be approved for a TRIAL modification. Federal Government please get involved!

on
Satisfaction Rating

Harassment after bankruptcy - If you want to join a class action suit against Seterus & FNMA because of harassment after bankruptcy contact - **. Bank of America issued me a 1099C which is a cancellation of mortgage after my bankruptcy but FNMA transferred the account to Seterus several months after. I reopened the bankruptcy to include Seterus but they have continued to harass me months after.

Seterus (formerly IBM Lender Business Process Services) Company Profile

Company Name:
Seterus (formerly IBM Lender Business Process Services)
Website:
https://www.seterus.com/