Review and analysis of over 127 complaints against Select Portfolio Servicing, Inc
Select Portfolio Servicing, Inc consumers have reported over 127 official complaints related to Settlement process and costs. Out of the 127 consumer complaints against Select Portfolio Servicing, Inc, 31% were disputed by the consumer (i.e. the consumer was not happy with how Select Portfolio Servicing, Inc responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Select Portfolio Servicing, Inc resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 1% resulted in non-monetary compensation.
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Select Portfolio Servicing, Inc Mortgage settlement process and costs March 29, 2017 - I asked for a loan Modification ... .has paid the trail period a few times ... But the loan interest is still high and the payments not as good as - and otehr banks ... THey are not discountqsing THe Obama - discount of $100000.00 per mortgage ... loan ... Iasked for a modification agreement not a lien modification agreement ... .We both must agree on something and erase all the arrears since this loan is a toxic loan, given up from - - They should give what the consumer can afford ... SPS servicing can only erase $300.00 or less on d payments infact other banks and collection ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs January 22, 2017 - This is in reference to CFPB Case number : -. On -/-/- I submitted a complaint about Select Portfolio Servicing ( SPS ) in reference to account number -. On - -, - I received a response from SPS. In this response SPS clarified the following : Prior Response : On - -, -, SPS sent a response advising that a response would not be provided because more than a year had passed since SPS has serviced your account. SPS is the current servicer of the account and we apologize for any confusion our previous response may have caused. Validation of Debt In your inquiry, ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs December 27, 2016 - I want - to release the illegitimate lien on my house. I want them to return the $160000.00 I have overpaid for my house for money I already paid to someone else for properties I do not own. I refinanced a loan to PAY off the balance ( as in the LENDER pays it off and applies my principal payments not add more for giving me nothing ). not finish paying for it before another - loan kicks in!!! I want SPS to find out E-ACTLY which loans were actually PAID and which loan they are trying to illegally collect from me.... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs September 28, 2016 - Included in this complaint are documents to validate the various events that have taken place with Wells Fargo. This has been an ongoing issue since - beginning with Wells Fargo filing an unreleased mortgage that included us in a foreclosure battle that should not have involved us, and has been ongoing and is still ongoing at present. This caused us to accumulate a debt of $100000.00 for legal representation. In addition, there was d a discrepancy with the legal description of our property. Several modified agreements were rejected because of the discrepancy in the properties legal descri... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs September 14, 2016 - - - - - provide order that bears - name. - - - - attach the schedule stating this debt is secured or unsecured? - - - - is a third party collection company whom appears to have paid a debt during a open bankruptcy that was not owed in attempt to collect from me. - - - did not communicate with the attorney of record. - stated : Please allow this letter to serve as - - - - - 's ( " - '' ) response to the complaint submitted to your office by - - - ( the " Complaint '' ). - is committed to customer service and we hope that... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs September 14, 2016 - 2016 - SPS stated - was denied due to approximately - dollars over the - - that was approved. I filed a complaint with CFPB. Thereafter SPS agreed to except the tender over the - directly from me. SPS encourage me to re-apply with - - I was approved a second time - SPS denied the tender again due as the reinstatement amount was over - SPS stated once - funds are received I would have 7 days to tender the difference - I am and was prepared. SPS after a long conversation apologized for the error and stated to re-apply as your file will be flagged this time to avoid error... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs August 1, 2016 - Paid off mortgage with SPS Select Portfolio, Account number -. Loan was paid and closed on property, - -, -, IA -, loan paid off as of -/-/2016. Escrow funds have not been returned. We have not been able to get anywhere with calling their customer service. We since then, have purchased another home, and will be moving again and just want our funds back that they owe us.... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs June 23, 2016 - At my mortgage signing in 2004, which my spouse was not a borrower on, he signed the mortgage note in error. The lender ( - - - ) put a hand-written note on the last page stating that he 'd signed in error and was not a borrower. All other paperwork has my name only. I just learned about this while trying to do a loan modification with a different mortgage company. Neither - or - ( acquired when - went under ) ever had my spouse on any documentation for 12 years until the new company bought the loan from -. The new company wo n't do my modification without my spouse listed... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs May 29, 2016 - SPS has confirmed my investor is not -, f/k/a - ( is Trustee only ) however was vague as who is my actual investor on my mortgage Trust - Mortgage Pass Through Certificates, Series - is the owner of the account letter went on to say loan ownership status may change from time to time? please clarify SPS has been servicing loan since -/-/- and should know who the current investor is as of -/-/-. As the investor is whom denied my KYHC because it was over - by less than - - dollars. I am sure SPS with removing some servicing fees would have met the - limit to ex... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs May 11, 2016 - Modify my loan in 2014 Select Portfolio Servicing ink agreed to take off late payments after modification was approved this never happened it 's affecting my credit score terrible they committed a felony conspiracy to commit fraud conspiracy to commit extortion Insperity commit and Corruption ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs April 12, 2016 - In case # -, SPS still insists that - made a " protective advance '' in paying off my - mortgage, and I still maintain that I was in no danger of foreclosure by - - ( in fact, I had arrangements to bring the mortgage current ; - was very helpful when I was dealing with the financial impact of - - ) so that what SPS calls a " protective advance '' was in fact a payoff that was not in keeping with the terms of my note. SPS offered to discuss a tender amount required to complete a rescission transaction, which I would be willing to discuss except for one point that SPS po... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs March 28, 2016 - In case # -, SPS does n't address anything that I submitted ; they just repeated that they thought that my transaction is not a rescindable transaction, and sent copies of everything that everybody already have copies of. They do not address my taking issue with them calling the - mortgage payoff a " protective advance '' instead of a consolidation payoff because there was nothing to protect ... I was not in danger of foreclosure by - -, so there was nothing to protect. If what they say was valid, everybody anywhere who has a - mortgage is in danger of their - mortgage being... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs March 16, 2016 - In case -, SPS continues to say that - was acting to protect their interest in advancing funds to pay off -. This is not the case, because I was in NO threat of foreclosure from -, and - did not have any idea of arrangements with - to bring the account current. The reason I was delinquent in the first place was because I had - and it took a long time to recover. - was very helpful during this time, unlike -. Because I was not in danger of foreclosure from -, - did not protect their interest, but did arbitrarily ( and I say illegally and unethically ) decide ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs March 3, 2016 - In case # -, SPS cites a clause in the original note that supposedly gives permission to pay off a superior lien, but the clause also states that the first lien must be in default, which my first mortgage was not. I was in no danger of foreclosure by - -. Therefore, the " protective advance '' was a cash out refinance, entitling me to a three day right of recision. Also, I was never given any documents itemizing ANY disbursement of funds, which is also a RESPA violation entitling me to an extended right of recision. ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs February 20, 2016 - Select Portfolio Services claims in their response to my complaint - that - made a " Protective Advance '' when they paid off - -. What were they protecting? I was not under threat of foreclosure from -. Also, where in my mortgage document with - - ( the original mortgage holder ) does it even mention " protective advances '' or anything like them? No matter what SPS tries to call it, it was a cash out refinance, entitling me to both disclosures of disbursement of funds and the right of recision. ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs January 28, 2016 - i was issued a wrong modification with - - - after loan was sold to them and in turn now a servicer spf wont help. my home is legally entitled toa loan reduction from sandy damage and a real modification. this loan change hands three times and nowforeclosure is in process.. no one cares no one helps but when i was need in - i did my part. ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs January 27, 2016 - In complaint # - and others I proved what Select Portfolio and - - call a modification was actually a cash out refinance loan, and I was never given any RESPA documents showing where the funds were dispersed and never given a 3 day right of rescission as per required by Federal law. This cash out refinance was done on -/-/-, which would be the day that my right to rescind would start. SPS has finally quit trying to deny paying off any other loans ( - actually paid off my then first mortgage with - Mortgage, without my knowledge or permission, but they are trying to cl... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs January 19, 2016 - - - - committed fraud and while my payments where - $ dollars after years of payments with fixed rate they increased payments by - $! plus. Then they sold my loan to Select Portforlio Servicing - - - - -. There fax number is - Fax. Select Portforlio Servicing is working along - - - plus my original loan documents loan is not found or they wo n't produce it. Please call me as soon as possible -. ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs January 18, 2016 - This is a follow up complaint to a response on Case # - where Select Portfolio Services virtually admitted to violating RESPA regulations : First, they freely admit that - - ( the mortgage holder before loan was transferred to them ) paid off -. In addition to the fact that this was done without my knowledge or permission, the fact remains that this was in fact a cashout/debt consolidation loan because it paid off MY account with -. In the same response they say they are going to defy RESPA in refusing to rescind my loan. All of the other garbage they are throwing in, such as ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs January 10, 2016 - - - attorney for - TRUSTEE. Refuse to release all funds in escrow and INSURENCE funds. - - TRUSTEE V - - INDE- - is disposed. - - still refuse to release my funds ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs January 5, 2016 - This is yet another complaint in a series of many I have filed against Select Portfolio Services : I exercised my right of rescission on a cash out refinance that SPS tried to call a simple modification ... my basis was I was never given any RESPA documents ( HUD 1, TIL, right of rescission, etc ) so therefore my right to rescind was 3 years. In Case # - SPS acknowledged that - - ( the original lender ) paid off my - mortgage with - -. The fact the the - mortgage was paid off made the " modification '' an actual cash out refinance loan ; they ( SPS ) admitted paying off th... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs December 31, 2015 - I am a realtor. I have a buyer who is going to be left homeless and a - year old seller who is not in good health. We had a contract with select portfolio services to close on -/-/-. Because of the new trid guidelines and christmas we had to go beyond -/-/-. Everything was done and ready to close and select portfolio was informed but has refused to settle. The loan came from -. I do n't see how it is fair for big banks who got bailed out to basically spit in the face of the american public because the new trid regulations caused a delay. They are ruining - peoples lives and ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs November 26, 2015 - supporting documents for case # - and # -. In the attached documents they prove my wife was - -. Included is our marriage license. - - committed ID theft and forged my signature. Her actual name is - -. It is how they hid the loan documents from me. I made SPS aware of this and with the police report and they are continuing to defend the fraudulent loan. look at the dates. My marriage Cert is -/-/-. - - Fraudulent faxed letter is -/-/-. A clear pattern established of forged documents and ID theft and the bank is denying it. I demand an investigation int... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs November 12, 2015 - It has been a four year up hill battle with -, - - - and - - -. The fraudulent mortgage loan originated with Country Wide in - Credit was obtained for over - - - dollars in my name by a dishonest loan officer. The loan was put in my name and the loan officer without my knowledge then put through paper work giving the house to the occupants and leaving me personally stuck with the loan. I filed an identity theft detailed report from law enforcement. Law enforcement noted the numerous forgeries from the original loan. I can forward all documents to you at your re... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs November 10, 2015 - I signed a statement with every complaint stating that the information given is true to the best of my knowledge ; I believe it is a criminal offense to give false information. I believe that the subject of my complaint should be held to the same standard. In Case # -, Select Portfolio Services flatly stated that there was no payoff to - Mortgage included in my modification '' ( actually cash out refinance ) that - did. As the new servicer, SPS should have had full documentation of EVERYTHING, including the paying off of - Mortgage. They ( SPS ) continued denying paying off - u... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs October 28, 2015 - This is supporting information to verify all of the facts in complaint Case # - where I report that my modification '' was indeed a cash out refinance loan because - - did indeed pay off - - without my knowledge or consent and then did not disclose these funds on what they called a modification but which was really a cash out refinance that was done without any RESPA documents including HUD-1 and Right of Recision. ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs October 21, 2015 - My property was sold on --2015 after 120 days sending documents to SPS servicer train to qualify for a lone modification., at the same time the bank, SPS servicer continue with the Foreclosure presiding 's, ( Dual Tracking ) at the foreclosure the SPS did not claim as Defendant my wife in the complaint and did not server any liss pendis documents to her, violation of state constitutional law .Art -, & -, Fla.Const ; - - -, - -. - - - - -/-/- ). the y have violated her rights to due proses and have violate her - amendment constitutional right., I have... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs October 21, 2015 - On -/-/- I rescinded a loan modification '' that was done by - - that was really a cashout refinance, because - paid off my former first mortgage that was with - - without my knowledge or consent, and included these funds in the modification without disclosing it in any way. The loan has since been transferred to Select Portfolio Services, and I have filed numerous complaints against SPS, as well as a complaint against -, which has not been answered yet. The modification was done in -/-/-, which is well within the 3 year recision time allowed since there was no doc... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs October 19, 2015 - I have filed multiple complaints against Select Portfolio Services - the most recent is case number - ) and they refuse to even research the allegations against - -, the original lender. They state categorically that funds in my modification were not used to pay off - Mortgage because there is no written record in the modification that - did. I have requested and - Mortgage is in the process of providing me documentatyion that - did indeed pay off - - - is to send me a copy of the bank wire from - as well as the payoff letter that was faxed to -, complete... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs October 7, 2015 - I originally filed complaint number - against Select Portfolio Services, and their response, which I disputed, contains some outright falsehoods and misrepresentations : In the first part of SPS 's response, they said since they are only the servicer of my account, they could not respond to any allegations regarding origination. Why did it take so long to tell me this? And why are you responding to my right to rescind? In which response you say that my loan originated -/-/- which it did, but my right to recision is based on a modification done -/-/-, which is well within the 3 yea... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs September 23, 2015 - My rental home has been in a short sale for 7 months and the company that bought my loan out from - is SPS portfolio managing. Both companies have made the processing time on the sale of this home unbearable. They have had several offerss and a - where offers began and they have still found every reason to not allow this loan to close. They never give me nor the title company involved the same or correct information. I have emails strings that go on for months about contacting the company and what they say they need in order to close this loan, yet they have not be efficient or effective... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs August 18, 2015 - I have been trying to have my - mortgage company Select Portfolio assist me with having my - mortgage subordinate since - 2015. My - lien holder submitted the paper work on - -, 2015 I spoke with a agent of Select Portfolio who indicated the paperwork was received and would take five days for review. I was informed by a agent of Select Portfolio on - - that my case was closed out because we fell to send them paperwork that was requested. ( Here is the problem ) The same day that Select Portfolio request this information they updated the notes in my file stating what pap... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs July 26, 2015 - -, attorney - - ( fired ) - - filed a foreclosure against me, I have no mortgage, I have a paid in full. From - - -. The lawyer knows its fake, he received the PSA from me, it clearly states no assignment was TRANSFERED, there is no trust or trustee. The lawyer handed Robo assignments in and brought a fake witness to to TESTIFY. Referee - - - -, tampered with minutes from hearing, inserting a witness on minutes, entire proceding was recored. I sent copy to court reporter. - -. When she seen herself on film, she stated - - mad her do it. Fraud in ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs July 22, 2015 - We settled with SPS Select Portfolio Servicing for a short negotiated payoff and now they are reporting the wrong information to the Credit Bureaus, this need to be changed to Paid on our reports ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs May 27, 2015 - - ENGAGED IN UNFAIR PRACTICE AND PATTERN TO DENY US FAIRNESS AND JUSTICE. THE - COMPANIES HAVE MADE SEVERAL FALSE STATEMENTS AND PATTERNS OF OBSTUCTUIN OF JUSTICE. : INDENPENCE FORECLOSURES REVIEW '' AGREEMENT HAVE BEEN VIOLATED FOR ( $10.00 ) ... - AGENT- - PREPARED A BREACH AGREEMENT FOR - -, - - - - FHA - - WITH ' '' UNCLEAN HANDS '' AT 5.875000 % .FALSE AND MISLEADING. AGENT - - OF SELECT POTFOLIO SEVERING, INC. WERE EMPLOYED AS SEVER WITH '' UNCLEAN HANDS '' '' THE CONTRACT IS NULL AND VOID '' AND MOOT '' .THE CONTRACT VIOLATES THE GENER... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs May 15, 2015 - This complaint technically regards fraud, how I have dealt with it, and which office of protection who I complain to. On or about - -, - I created a mortgage with - - - - Property is in - . It is my residence. It was a high-interest re-fi. On - -, - - - '' went into receivership as it was banned from trading by the SEC ''. On - -, - I filed for Bankruptcy under Chapter - # -, District of -. This alleged debt was discharged & not abandoned as a secured debt. A motion from relief from Stay was filed by the wrong bank on the wrong propert... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs May 10, 2015 - - - --. To Whom it may concern, Our loan is owned by -, Until - of last year we were being serviced by -, do to circumstances beyond our control, we have had a few rough years starting with my health, in 2010 I had to have - -, ending up with me having to apply for -. My husbands company in which he has worked for over - years, was sold and under reconstruction he lost income there, my parents both died in - months of each other and there was no insurance, we had to help pay funeral cost, these circumstances made it difficult for us to maintain a mortgag... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs May 1, 2015 - The loan was assigned originally by - as nominee for - - in -/-/- - and by a known robo signer with title of assistant secretary of assignments for -. Then robo signed again in -/-/- by - - and notarized by - - - - robo signers. False representation by SPS that they offer me application under the DOJ National Mortgage Settlment Act - THEY DID NOT DO THAT! In fact they refused to allow application saying that they did not work those. However, - - who was originally assigned my loan at the beginning of receipt of it disclosed that the file was sent to h... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs April 21, 2015 - My mortgage Co. Is S.P.S. ( Select Portfolio Services ). They were hired by - about 8 months ago, when - was our mortgage holder. But S.P.S. Became our mortgage holder in the middle of a modification negotiation. -, they upped my payments from 600 to over 900 a month. Then after the trial payments of - a month for 4 months, the payments were supposed to go down. But they did not. I signed a three year forgiveness contract. After S.P.S. upped our payments - in less than4 months. I had an attorney read my paperwork, they advised me that my paperwork was very miss leading. I would ... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs April 3, 2015 - Mortgage Fraud is being perpetuated against by SPS known as Select Portfolio Servicing , Inc the property is located at - - - -, Ga -. Legal Description : ALL THAT TRACT OR PARCEROF LAND LYING AND BEING IN LAND LOT - OF THE - TH DISTRICT OF - -, GEORGIA, BEING LO - - OF - SUBDIVISION, AS PER PLAT RECORDED IN PLAT BOOK -, PAGE -, RECORDS OF - -, GEORGIA, WHICH PLAT IS BY REFERENCE INCORPORATED HEREIN AND MADE A PART HEREOF. I sent notice and ask the plaintiff to:- Produce the account and general ledger statement showing the full accounting of t... |