Select Portfolio Servicing, Inc Mortgage Complaint

Select Portfolio Servicing, Inc Mortgage department,

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

Select Portfolio Servicing, Inc. ( SPS ) took over my loan from - -, -. SPS told me that my last payment was make on - -, - in the amount of $1500.00 and my next payment is due on - -, - my next payment amount is -. SPS gave me the incorrect amount the bank say that I own them, $1500.00 for at lear 15 months, the total payment SPS did not add to my account is $22000.00. Base on this dispute and the servicer to prepare the loan modification for me said that they did submit the loan modification on - -, -. I did call in to check the status for my loan modification on - -, -, I did talk to - -, she said that they do not have my loan modification on their system. She request me to go to police department to report for Identify Theft Victims ' Complaint and Affidavit. Today - -, -, I call in again request for the postpone my house and he said I need to sign the for Identify Theft Victims ' Complaint and Affidavit they did send it to me but I never received it,


treated as their customer. " The subprime debacle, which I would define as loans that should n't have been made andpackaged that originated between -/-/- and -/-/-, was probably the biggest Ponzi scheme in thehistory of mankind. '' - - -, -, opening speaker, " The Subprime Mortgage Fallout, '' State Bar of California - Annual Real Property Law Section Retreat, - -, -. - the subprime meltdown, banks abandoned traditional underwriting practices and caused a frenzy of real estate speculation by issning predatory loans that ultimately lowered property values in the United States by -- %. Banks reaped an unprecedented harvest. - -, CEO of - -, took home more than - during the seven years.Banks issued - predatory loans knowing that the borrowers would default and lose their homes, and then committed perjury and fraud to fabricate documents in the foreclosure process. As a direct, foreseeable, proximate result, - families are now in danger of foreclosure, and i am facing illegal foreclosure of my home at a Trustee 's Sale scheduled for - -, -. - responding to the foreclosure crisis in California, the City and County of - - 's Office of The Assessor-Recorder of - - had retained - - - , - ( " - '' ) to review - residential mortgage loan transactions ( " Subject Loans '' ) that resulted in foreclosure sales that occurred from - - through - -. Over This period, - analyzed the Subject Loans to determine the mortgage industry 's compliance with applicable laws. Specially, - focused its analysis on important topics relating to - subject areas such as Assignments, Notice of Default, Substitution of Trustee, Notice of Trustee Sale, Suspicious Activities Indicative of Potential Fraud, and Conflicts Relating to -. In its report, - stated that the subject areas and the topics it explored may not be exhaustive. Nonetheless, it believed the analysis presents an accurate picture of the nature and frequency of the mortgage industry 's performance respecting compliance with important aspect of California 's non judicial foreclosure laws. Overall, it identified one or more regularities in - % of the subject loans. In - % of the loans, it identified what appeared to be one or more clear violation of law. In gathering the facts, researching the facts, reviewing the documents set forth in the Exhibits, and reviewing - ' report ( Exhibit " G '' ),