I agree that there needs to be a class action lawsuit against Shellpoint Mortgage Servicing the Mortgage Loans from their clients (owners). Simply put, I applied for a Modification, when the workout papers came I was shocked that my interest rate went up, and my payment went up over $500 from the original payment amount. My point of contact at Shellpoint also was shocked, and said he didn't understand why. I've been a victim of predatory Lending. My home was already underwater now it's double underwater with no relief in sight. This was suppose to be a clear objective, and the modification has turned into what I view as Loan Sharks (Shellpoint), taking advantage of me in my situation, this is why I want to join the lawsuit.
User's recommendation: If this is happening to you, only you can take a stand and join the Lawsuit.