Select Portfolio Servicing, Inc Mortgage Complaint

Other mortgage Loan modification,collection,foreclosure

Select Portfolio Servicing, Inc Mortgage department,

Other mortgage Loan modification,collection,foreclosure Pennsylvania

-/-/- my mother ( - and - ) refinanced the mortgage the house through -. This was sold to her by an aggressive mortgage broker using a interest only negative amortization loan, which I advised her not to due, because these were bad products. -/-/-, I took title to the property and to refinance the loan. The bank ( now - - - ) then started to return the Mortgage checks. I was then subject to foreclosure proceedings. In the midst of the mortgage market implosion. Them HAMP was made law and I met with a representative of - and supplied them with all of the info that was required for a Loan Modification. When I called them back they never responded. I then received a letter offering HAMP and I faxed the info to the - Office in -, following up with them they advised they lost all of my paperwork. I was then advised by - to send the package to their - office which I did and followed up. But it was again lost.


'' The interest and fees were increasing, they added on late fees and Forced Placed Homeowner 's insurance. Then everything went silent, as - sold the Mortgage to Select Portfolio Services based in -. Oddly enough the attorney group that was shut down earlier, then restarted their operation under a different name, - - -. Literally the same guys. I have filed Mortgage Modification papers with SPS on 4 different occasions. Each time they ask for additional information and it is supplied. We have had at least a half dozen meetings ( Follow up Conferences as directed by the court ). This brings us to the end. I now have 45 days before the Stay on foreclosure will be lifted and the foreclosure will proceed.

Select Portfolio Servicing, Inc customer in Pennsylvania
Sep 20, 2016

* Source: CFPB Complaint Database

Select Portfolio Servicing, Inc response to complaint:
Closed with explanation

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