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 California

Select Portfolio Servicing sent me a repayment plan with outrageous terms in -/-/-. They requested a monthly repayment of $6600.00 per month for 12 months and a balloon payment at the 13th month for over $40000.00. This is extortion. They also provided NPV information with only - items on it. The NPV had old financials from -/-/-. They never contacted me to ask me if my income was still current. They also claim that both me and my ex-husband has the same - credit score which is not true. They just pulled these numbers out of thin air and created some foolishness. They also are not compliant with the -/-/- final settlement with - and the Department of Justice. Even though that settlement agreement offers consumer relief SPS refuses to offer any consumer relief. They know their days of being in business are over. It seems as though they are trying to get as much money from homeowners as they can before they are forced to close their doors.

Select Portfolio Servicing, Inc customer in California
Mar 01, 2017

* Source: CFPB Complaint Database

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

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