Consumer complaint received 2025-07-08 00:00:00
Product: Mortgage — Conventional home mortgage
Issue: Trouble during payment process — Loan sold or transferred to another company
Company: Shellpoint Partners, LLC
State: UT

Complaint narrative:
I am filing this complaint against Shellpoint Mortgage Servicing dba Newrez LLC for engaging in unlawful debt collection practices that violate federal law, including the RICO statute. Shellpoint Mortgage Servicing dba Newrez LLC knowingly bought debt and participated in a scheme involving fraudulent debt instruments, resulting in collection efforts on a debt. These actions constitute a deliberate and egregious violation of my rights as a consumer and federal statutes.

Specific Allegations 1. Fraudulent Debt Instruments Shellpoint Mortgage Servicing dba Newrez LLC has sought to collect a debt based on contracts I allege are fraudulent. These contracts rely on banking practices designed to impose unpayable obligations, thereby creating a predictable cycle of default. 

XXXX. XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XX/XX/year> XXXX XXXX XXXX XXXX XXXX XXXX. recorded a Notice of Default and Election to Sell at the XXXX XXXX XXXX Recorders Office XXXX B : XXXX P : XXXX Total Pages : XXXX, as well as Notice of Trustees Sale on XX/XX/year> challenging the validity of the debt. 

XXXX. Knowledge of Fraudulent Activity I Provided Shellpoint Mortgage Servicing XXXX Newrez LLC with substantial evidence consisting the debts legitimacy, including affidavits and detailed correspondence. Their collection efforts demonstrate willful participation in a fraudulent scheme.

4. Violation of RICO Statute Shellpoint Mortgage Servicing dba Newrez LLC actions constitute the collection of unlawful debt under 18 U.S.C. 1692 ( c ).

The institutions persistent attempts to enforce a fraudulent contract reflect a pattern of racketeering activity, meeting the legal definition under the RICO Act.

These actions, in coordination with other entities such as Shellpoint Mortgage Servicing dba Newrez LLC, XXXX XXXX XXXX XXXX and XXXX, XXXX XXXX XXXX XXXX. reveal a concerted effort to profit from illicit financial practices.

Why the Debt Collection is Unlawful 1. Fabricated Loan and Lack of Lawful Consideration Shellpoint Mortgage Servicing dba Newrez LLC has refused to provide proof of lawful consideration for the loan upon request. Without this proof, it is reasonable to conclude that the alleged loan was fabricated on their balance sheet, meaning no real funds were ever extended to me. As a result XXXX, XXXX XXXX XXXX XXXX. can not demonstrate that they suffered any actual loss and therefor have no legal standing to pursue debt collection or seek a remedy through this process.

2. Fraudulent and Predatory Practices The underlying debt is predicated on usurious banking practices that guarant
ee default, rendering the debt fraudulent and unenforceable.

3. Disregard for Evidence and Federal Law Despite being provided with clear evidence of the debts invalidity, Shellpoint Mortgage Servicing dba Newrez LLC persisted in its collection efforts, violating federal protections against predatory lending and unfair debt collection practices.

4. Violation of the RICO Statute By continuing to enforce an illegitimate obligation despite awareness of its fraudulent nature, Shellpoint Mortgage Servicing dba Newrez LLC engaged in actions prohibited under RICO. This includes unlawful seizure of property and collusion with other entities to profit from the fraudulent scheme.

Company public response: Company believes it acted appropriately as authorized by contract or law
Company response to consumer: Closed with explanation