Specialized Loan Servicing LLC Mortgage Complaint

Home equity loan or line of credit Loan servicing, payments, escrow account

Specialized Loan Servicing LLC Mortgage department,

Home equity loan or line of credit Loan servicing, payments, escrow account Arizona

I had a 2nd mortgage, interest only loan, for 10 years with SLS, paid on time every payment. They recently instructed me that the terms of my loan are that I now start paying it off. I applied for modification but was denied. All the while making the payments payments on time with the statements received. Never a late payment. They sent me a new monthly statement for - with the new monthly payment which I paid on time ( well documented bank transfer and even on their web site under my account info shows paid on time. But the - statement shows a late fee being charged. When called they stated they could not change anything although the representative stated she saw that the payment was made. I have never received my new loan documents or a payment schedule from them and really do not know the terms of my continuing loan now.

Specialized Loan Servicing LLC customer in Arizona
Dec 14, 2015

* Source: CFPB Complaint Database

Specialized Loan Servicing LLC response to complaint:
Closed with explanation

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