Select Portfolio Servicing, Inc Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account

Select Portfolio Servicing, Inc Mortgage department,

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account Georgia

- -. - obtained a mortgage with - - -, filed in the - County - Deed Records, Book -, page -, on - -, -. The mortgage was paid in full under settlement order by USDOJ to - - - ( - ) for frauds done to - -. - exposed in the - County Deed Records, Book -, page - and -, where - had made loans to - - - of -, - upon properties owned by - -. - and his family. On - -, -, Counsel for -, - - - of - - -, stated that USDOJ was intervening in the matters ( and, in fact, had already intervened and made his client - pay off the distressed loans ) and making - pay of the distressed loans caused by


has all his loan documents there 's a guarantee, we have recourse against him if there is any loss. '' This loan was one of those loans Paid Off under the LEGAL SETTLEMENT by USDOJ. The paid off original Note was given to USDOJ ( or other supervising US agency ) but the mortgage was never cancelled as required by - Law, OCGA 44-14-3. A fraudulent assignment was then recorded to - - -, - in the - County Deed Records, Book -, page -, on - -, - in order to force - -. - ( a man over the age of - ) to continue paying on a loan that was no longer existing. - - -, - must produce the documents evidencing their purchase of this loan. In - an entity representing itself as - attempted to foreclose the property. A complaint was made to the Independent Foreclosure Review. Independent Foreclosure Review responded that the attempted foreclosure was a fraud and the entity appearing to be - ceased foreclosure because there was no loan to foreclose. In the process of this unfolding, the home was destroyed by flooding in - caused by the City of - ' negligence in failing to required hydrology studies for new construction as required by Federal Law. After the flooding occurred it was found that the flood certification for the original lender in - had been falsified by - - -. In -/-/- - stated they had settled their issues with the lender, meaning, they either paid off any existing loan ( or fraudulent representation thereof ) or there was no longer any loan for them to have any liability. On -/-/-, - - was notified that another fraudulent transfer of the paid off mortgage was being done to Select Portfolio Servicing, -. - -, - - -, - -. These fake mortgage servicers need to provide proof of their loan with - -. -, which has already been determined to be paid off by Independent Foreclosure Review and the transfers fraudulent. - - expects CFPB to initiate prosecutions for fraud and theft and to order the cancellation of the recorded mortgage as required by - Law, which USDOJ should have followed through with in - rather than trusting that the target of their investigation, -, would do the right thing and file the cancellations after paying off the loans in the ordered " Legal Settlement ''.

Select Portfolio Servicing, Inc customer in Georgia
Jun 24, 2016

* Source: CFPB Complaint Database

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

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