Specialized Loan Servicing LLC Mortgage Complaint

Other mortgage Settlement process and costs

Specialized Loan Servicing LLC Mortgage department,

Other mortgage Settlement process and costs Florida

SLS had requested an additional 45 days to respond basis for the denial of the credits for Tier 2 and/or the Tier 1 denial based on all sources of income, but yet, SLS sent me a modification package due to be signed, filed and entered by -/-/2016, which is days before the time they requested to evaluate. Please be aware that my loan was a predatory loan approved based on my excellent credit score, originated by - then transferred to - and now SLS. The lack of interest from - - and - to evaluate my case and modify, resulted in years of unpaid mortgage payments, which SLS is now adding as 1 final balloon payment to be made at the end of the term, including their attorney fees, after my last mortgage payment is made in 30 years. ( Loan mod. package attached. ) My wish is for SLS to re-examine the loan mod for either further credits on the Tier 2 or a principal reduction and credits consistent with the Tier 1 guidelines, the servicer and the lender will permit the evaluation without compromising the existing agreement. Thank you.

Specialized Loan Servicing LLC customer in Florida
Jul 31, 2016

* Source: CFPB Complaint Database

Specialized Loan Servicing LLC response to complaint:
Closed with explanation

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