Select Portfolio Servicing, Inc Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure

Select Portfolio Servicing, Inc Mortgage department,

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure Georgia

-/-/- - - - -, GA - Director - - Consumer Financial Protection Bureau -, - - Headquarters address Consumer Financial Protection Bureau - - - - - Dear - - ; I will lose my home on -/-/-. After a long history of exchanges exchange with the CFPB concerning the modification my home. A short sale or foreclosure of my home is scheduled for -/-/-. For years I have informed CFPB and SPS that may home appears Uneconomic. My Principle and Interest annual payments are less than my property taxes.


I purchase the home at >= $1,000,000. As market prices plunged I provided numerous written communications concerning the over assessment valuation. Today the assessment value of - - - is >= $1,000,000. I have paid SPS the taxes in escrow since -/-/-. Parcel location number -. Today the property is listed to sale for $860000.00. My up is up for short sale and foreclosure because I can not pay the taxes. As Of -/-/-, I have received approval to sale the property below my original purchase price at an expected loss of $450000.00 relative to the purchase price and $470000.00 to the historical tax assessment. The current price and comparable evidence The error and over assessment. Comparable Street and neighborhood - County tax assessments. Parcel Number Location Address - County Assessments - - - - - - $650000.00 - - - - - - - - - - - - - - - - - - - - - - >= $1,000,000 I am requesting a tax reimbursement of $120000.00 plus interest for the historical over assessment of the property. My request for reassessment is well documented in written letters to you Tax Commissioner and to SPS. I will give SPS the rights to pursue the tax over payment to - County. I need my cash by -/-/- in order to relocated. Please respond as soon as possible sine I am being removed from the home and need funds to resettle. Sincerely, - - - -, - - -, - - - - -, - - - - -, Chair ; - - -, Vice-Chair ; - - - and - County Board of Assessors - - -, - - - -, - - Dear - - : Since the purchase of my home -/-/- my home assessment has been in error. I purchase the home at >= $1,000,000. As market prices plunged I provided numerous written communications concerning the over assessment valuation. Today the assessment value of - - - is >= $1,000,000. Parcel location number - -. Today the property is listed to sale for $860000.00. My up is up for short sale and foreclosure because I can not pay the taxes. As Of -/-/-, I have received approval to sale the property below my original purchase price at an expected loss of $450000.00 relative to the purchase price and $470000.00 to the historical tax assessment. Comparable Street and neighborhood - County tax assessments. Parcel Number Location Address - County Assessments - - - - - - $650000.00 - - - - - - - - - - - - - - - - - - - - - - >= $1,000,000 I am requesting a tax reimbursement of $1200.00

Select Portfolio Servicing, Inc customer in Georgia
Dec 13, 2016

* Source: CFPB Complaint Database

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

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