Specialized Loan Servicing LLC Mortgage Complaint

Conventional adjustable mortgage (ARM) Settlement process and costs

Specialized Loan Servicing LLC Mortgage department,

Conventional adjustable mortgage (ARM) Settlement process and costs New Jersey

This is a follow up to CFPB Case number : -. I have recently the house in that case at - - -, -, - -. I overpaid the lien holders, - -/SLS, by approximately $300000.00 and they ignored my written inquiries during the closing process to settle the matter. I only received $25000.00 at the time of closing and am expected to pay estimated taxes of between $160000.00 to $200000.00 to the State of - next year after consulting my accountant. The original loan amount was $520000.00, and they walked off with -. I expect to declare chapter - as a result of their usury, predatory lending and blatant fraud. I should have walked away from the property and let it be sold at sheriff sale, then I would not be facing bankruptcy and excessive taxes for monies - and SLS took from me. If it were to be sold at sheriff sale, they would have received less than the $ -, instead, they walked off with, after taxes and insurances, more than $ - of predatory interest and excessive fees.

Specialized Loan Servicing LLC customer in New Jersey
Dec 15, 2015

* Source: CFPB Complaint Database

Specialized Loan Servicing LLC response to complaint:
Closed with explanation

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