Specialized Loan Servicing Complaint

Specialized Loan Servicing LLC Mortgage department,

Other mortgage Loan servicing, payments, escrow account New Mexico

I received a modified second mortgage from - in -/-/- for a 15 year, $15000.00 balloon originating in -/-/-, but was not informed that the modified second mortgage was negatively amortized, raising the balloon payment to $55000.00. I learned of the toxic loan from a third party when trying to restructure loans.

Specialized Loan Servicing LLC customer in New Mexico
Nov 14, 2016

* Source: CFPB Complaint Database

Specialized Loan Servicing LLC response to complaint:
Closed with explanation

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Specialized Loan Servicing LLC Mortgage Complaint

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