Specialized Loan Servicing LLC Mortgage Complaint

Conventional adjustable mortgage (ARM) Credit decision / Underwriting

Specialized Loan Servicing LLC Mortgage department,

Conventional adjustable mortgage (ARM) Credit decision / Underwriting Massachusetts

I applied for a HAMP loan modification with the help of folks at the NeighborWorks HomeOwnership Center of Central MA. The papers were all submitted 14 days prior to a scheduled auction. SLS is refusing to review my application, and insists on moving forward with the application. It was my understanding that as a HAMP servicer, SLS needed the paperwork 7 days before an auction. Our situation has improved, we have solid income, my counselor tells me that the math works, I just need SLS to review my application.

Specialized Loan Servicing LLC customer in Massachusetts
Dec 29, 2015

* Source: CFPB Complaint Database

Specialized Loan Servicing LLC response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Specialized Loan Servicing LLCComplaint HistoryComplaints1/20129/201210/20124/201310/201312/20132/20144/20149/201410/20145/20156/20157/20159/201511/201512/20151/20166/201611/201600.511.522.533.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Specialized Loan Servicing LLCCredit decision / Underwriting20.0%68.0%4.0%4.0%4.0%ClosedClosed with explanationClosed with non-monetary reliefClosed without reliefIn progressSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageCredit decision / Underwriting0.6%6.3%5.8%1.2%2.2%5.6%77.1%1.3%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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