Select Portfolio Servicing, Inc Mortgage Complaint

FHA mortgage Loan modification,collection,foreclosure

Select Portfolio Servicing, Inc Mortgage department,

FHA mortgage Loan modification,collection,foreclosure Florida

I am trying to short sell my home, my servicer is Select Portfolio Services ( SPS ) the servicer sent an FHA appraiser to my home and the result was the retail value of my home is $150000.00 I have a contract for sale for $150000.00, that 's $5000.00 more then the retail value of my home, In short selling my home i was hoping to receive the $1000000.00 relocation money to move. however the servicer told my Realtor that I would get any relocation money because i have Mortgage Insurance on the loan. They denied the short sale and gave no reason they just stated that this option is not available at this time ''

Select Portfolio Servicing, Inc customer in Florida
Aug 21, 2015

* Source: CFPB Complaint Database

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

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