Select Portfolio Servicing, Inc Mortgage Complaint

FHA mortgage Loan modification,collection,foreclosure

Select Portfolio Servicing, Inc Mortgage department,

FHA mortgage Loan modification,collection,foreclosure California

I spoke with Senator - - office and they said that I should file a complain with your department. I am writing to you to request your help. My wife and I are attempting to get a loan modification on our mortgage. We completed a trial modification and made all payments on time. When they sent us a final offer, it included the principle balance which was $360000.00 plus an $80000.00 balloon payment that covers interest that accrued when I was unemployed. The house is currently worth $300.00. I told them that we would accept an offer to pay $360000.00 with no balloon payment. I believe this is fair as it is - % above market value. They rejected this offer and put us back in foreclosure.

Select Portfolio Servicing, Inc customer in California
Oct 20, 2015

* Source: CFPB Complaint Database

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

Consumer disputes how Select Portfolio Servicing, Inc handled their complaint

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