Review and analysis of over 106 Fha Mortgage complaints against Select Portfolio Servicing, Inc
Select Portfolio Servicing, Inc consumers have reported over 106 official complaints related to FHA mortgage. Out of the 106 consumer complaints against Select Portfolio Servicing, Inc, 29% were disputed by the consumer (i.e. the consumer was not happy with how Select Portfolio Servicing, Inc responded to their complaint) and 100% were processed in a timely manner. 1% of consumer complaints against Select Portfolio Servicing, Inc resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 2% resulted in non-monetary compensation.
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Select Portfolio Servicing, Inc Mortgage loan servicing, payments, escrow account September 28, 2016 - SPS still has yet to respond to my Qualified Written RESPA Request sent via Certified Mail. In their recent response to me via the CFPB they claim that they sent the note and deed of trust. The PDF file contains a SECURITY INSTRUMENT signed by - - on -/-/- related to - - - -- -. They lied again. Where is MY monetary instrument. Why did SPS attempt to collect payments and pursue foreclosure when - clearly shows that pon -/-/- the note was transferred to - - -? - Note - - - -, -. - -, - - Note - Select Po... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure September 23, 2016 - We have a client in distress we have submitted - offers to the bank we call in every week to check on the status the negotiators " are n't available '' we get have answers and are not properly informed of what is needed on the file. Everytime we send in a document the have - days to review the document and if they need something further they mail the request to an empty house instead of reaching out to the attorney and individual in our office handling the file or heaven forbid telling our office what they need when we call in. We have lost - buyers and about to lose a - buyer beca... |
Select Portfolio Servicing, Inc Mortgage loan servicing, payments, escrow account September 9, 2016 - I own a property located at - - - -, -, -. The loan is serviced by Select Portfolio Servicing , Inc. ( SPS ) - of -. I have had - claims on this property in which the insurance company sent at least - checks to SPS for the repairs and SPS has misappropriated the funds. Despite all repairs being complete ; and despite independent verification by SPS 's inspector and the Insurance claims adjuster that all repairs have been satisfactorily completed, SPS has failed to pay the contractor and reimburse the expenses that I paid out of pocket. SPS is engaging in a crimina... |
Select Portfolio Servicing, Inc Mortgage loan servicing, payments, escrow account August 6, 2016 - Select Portfolio Services is currently servicing my loan with - - being the original mortgage lender. My mortgage loan was modified with the HAMP Program in - of -. I was on a plan to have gradual increases in mortgage payments over a period of 8 years to then have payments stay the same from years -. I filed bankruptcy, Chapter - in - and now my bankruptcy has been discharged. Now that it has been discharged and the mortgage payments are currrent with no arrearages, Select Portfolio has sent me a letter stating that the " Mortgage has been referred for Legal Action ''! ... |
Select Portfolio Servicing, Inc Mortgage loan servicing, payments, escrow account June 6, 2016 - I am the SOLE AUTHORIZED ADMINISTRATOR for the PERSON noted as - - -. I am the sole creator and owner of the monetary instrument Promissory Note used for the referenced property and account. I asked Select Portfolio Servicing, Inc. to return my property to me and they refused to do so.... |
Select Portfolio Servicing, Inc Mortgage loan servicing, payments, escrow account May 12, 2016 - - customer service told me my mortgage payments were current and I did not have to pay the - - payment because I had done a loan modification and the loan was current. The payments are $840.00 each. But they require that the payments be sent by - - because the payments can not be paid online at their site. That 's another $16.00. The total payment is $ -/mo. I was current until they said I did n't have to pay the - Payment. I paid the - payment today and went online to check the amount and it says I owe for - and -. I sent the - payment via - - as usu... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure May 6, 2016 - I - - - - - from - .stand behind what - - has stated in her complaint. When we got the verbal denial on - - - - and myself did a three way call and filed a formal dispute which no one got back to either one of us for days. When I finally called to find out where we were at I asked to speak to - - who was supposed to be the lead on this but in all the time we have been working on this the attorney or myself never spoke to him. They said that he had called me and discussed the situation which was an out and out lie. I asked to verify that with a recordin... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure May 2, 2016 - Dear CFPB, I hereby file a complaint/dispute against Select Portfolio Servicing , Inc. on behalf on the grounds of violating my Consumer Protection Rights under the law of the FDCPA and FCRA. On -/-/2016 I spoke to - - - of SPS regarding the short sale of - - -, -, IL. in a recorded conversation I was faced w/a nasty attitude and told me it was set for foreclosure. I then called back on -/-/16 along with my realtor - - of - - and spoke w/- who then transferred me to a - -, Loss Litigation & her Supv. - - of SPS in a recorded conversation ... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure May 1, 2016 - My sub-servicer is SPS servicing I was approved for Keep Your Home California SPS did not send any information as to why KYHC was denied I spoke with KYHC whom stated and sent a letter your servicer declined the assistance because the rears would exceed - by the time KYHC release the funds This was untrue in - 2016 the approval date from KYHC I received reinstatement which was well under the - and recently went over almost four months later SPS stated to me we will attempt to modify first and then work with KYHC At that time I did not need SPS help as KYHC was approved and ready to pa... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure April 12, 2016 - Dear Sir/Madam Our FHA loan originated on - -, - with - - and was immediately reassigned to - - on -/-/- ( please see attachment # - ). At settlement we provided an upfront premium payment of $2100.00 ( Please see Document # - Line - plus another $110.00 of mortgage insurance was paid by the seller at settlement ( Line # - ). Additionally, we paid $61.00 monthly until the loan was reassigned to - - and placed in a - - - - in -. Later after applying for multiple modifications, we were informed that our loan was conventional. W... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure February 16, 2016 - I have been working with SPS on a Deed in Lieu of foreclosure since -/-/2015. I signed the intent to vacate agreement on -/-/- and vacated the premises on -/-/-. As of today, I have not received the Relocation Incentive as promised and noted in the agreement. I continue to get erroneous status updates. The latest is that the check has been issued and is awaiting Manager 's approval. This was the update on -/-/- ... .when I called today, they informed me it was manager approved on -/-/- but they are unable to tell me when the check will be sent. I am without a place to sta... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure January 14, 2016 - I lost my job at the end of -. On - -, we requested a Loan Modification from - - -, filed all the requested paperwork, more that one time, I might add. Delays and more delays and nothing happened. Finally, in - -, we had a meeting in person, with a - Rep. and started another request for -, kept in touch with her for a couple of months, emailed her often to check status, advised her in - - that I had found a good job and we felt confident to resume payments. We stressed very often that we wanted and would do anything to keep our home, just tell us what to do,... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure January 12, 2016 - I tried respond to ltr from Select Portfolio Servicing from -/-/-, you could not answer my questions that I submitted in my ltr of -/-/-. For this reason, not only have you committed Mortgage Fraud but also Foreclosure Fraud in which I will file in court against SPS, - -, - - -, - and - - - -.Complaint 1 - Where is the confirmation that the alleged liens were paid off when it is clearly noted on a credit bureau ( which I will be filing a complaint ) that there is an outstanding lien from - - from -/-/- on - - - - duly noted alleged pa... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs December 31, 2015 - I am a realtor. I have a buyer who is going to be left homeless and a - year old seller who is not in good health. We had a contract with select portfolio services to close on -/-/-. Because of the new trid guidelines and christmas we had to go beyond -/-/-. Everything was done and ready to close and select portfolio was informed but has refused to settle. The loan came from -. I do n't see how it is fair for big banks who got bailed out to basically spit in the face of the american public because the new trid regulations caused a delay. They are ruining - peoples lives and ... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure December 10, 2015 - I have been making payments on my home mortgage for 15 years and never been late on a payment. When a balloon payment came due, the current service provider told me that I would have to pay the amount in full, or they would foreclose on my home. I could not obtain the large amount of money needed to pay the loan, so I sought to refinance. Select Portfolio Services ( the service provider ) told me they could not refinance the property, that the only option I had was to pay it in full or default and lose my home. I finally found a company that would refinance for me, and began to ask SPS to pro... |
Select Portfolio Servicing, Inc Mortgage credit decision / underwriting November 10, 2015 - They have still made it impossible to process paperwork and get new buyers into my property. I want to file a suit with the company and go to court over the finding and I have realtors and title company that will testify and verify what has happened here. I have numbers us recorded phone calls and emails and letters all which have led the buyers to walk because they had to wait so long. ... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure November 6, 2015 - Complaints and Counts against - Bank and Select Portfolio Servicing1. - - - is named on Mortgagor signing under false pretenses without clear definition or directions to do her as to what she was signing. She was told to sign documents ( no initialing ) because of mother 's age ( - - - ) and because there were - alleged judgments listed w/o any account no etc., which had to be satisfied. As much as I recall there was never any clear identification as to whom they belonged too? Yet somebody was paid in the " air '' as I never received any statement of any payment made in... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure November 5, 2015 - I have an FHA mortgage with SPS Servicing. I went through a trial modification and was offered a modification that was not acceptable. I have asked for alternative foreclosure prevention that they outlined in their correspondence to me. When I asked about it they said they would not work with me on any of the alternatives. They failed to follow FHA guidelines while foreclosing as they have not offered to meet with me face to face to discuss my modification or alternative foreclosure prevention. ... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure October 20, 2015 - I spoke with Senator - - office and they said that I should file a complain with your department. I am writing to you to request your help. My wife and I are attempting to get a loan modification on our mortgage. We completed a trial modification and made all payments on time. When they sent us a final offer, it included the principle balance which was $360000.00 plus an $80000.00 balloon payment that covers interest that accrued when I was unemployed. The house is currently worth $300.00. I told them that we would accept an offer to pay $360000.00 with no balloon payment. I beli... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure August 21, 2015 - I am trying to short sell my home, my servicer is Select Portfolio Services ( SPS ) the servicer sent an FHA appraiser to my home and the result was the retail value of my home is $150000.00 I have a contract for sale for $150000.00, that 's $5000.00 more then the retail value of my home, In short selling my home i was hoping to receive the $1000000.00 relocation money to move. however the servicer told my Realtor that I would get any relocation money because i have Mortgage Insurance on the loan. They denied the short sale and gave no reason they just stated that this option is not a... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure August 14, 2015 - I am claiming that SPS, select portfolio servicing '' is purposefully holding up the process of the short sale on my rental property. They have drug their feet on - offers and have sent me several letters that I do not qualify when in fact they have received every document they have requested and many times duplicates had to be sent because of them saying that the documents were lost. This process has been dragging on for 5 long, grueling months with a tenant who also has no idea what is going on or a reasonable time frame in order for her to move and find another home. They have sent me t... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure August 14, 2015 - -/-/2013Investor : - - : - - - - -, T- - extFHA # -Loan # -Payment $ -Interest Rate 7 % Term - years. - - became delinquent in his mortgage due to the illness of his father and required home repairs. In the interim - - mortgage changed hands from - - to -, from - to - -. - - was getting notifications from both - and -. He was getting anywhere with - and he went to the - office. At the - office he was given information from - - that he did n't have an FHA mortgage but that it was conventional. - -... |
Select Portfolio Servicing, Inc Mortgage loan servicing, payments, escrow account August 4, 2015 - my mortgage was sold or transferred to another company without any notice to me. I called today our mortgage servicing company ( SPS Inc. ) ( -/-/15 to make the monthly payment and was told that it was no longer with them ( SPS INC ) I was told it was now with - - - -, when I called - I was told there was no loan with them. I called SPS back and was told that a letter was sent to me on -/-/15 we never received any letter from them or a letter from - saying they now have our mortgage. On - - I called SPC Inc. spoke with our case manager - -, to inform S... |
Select Portfolio Servicing, Inc Mortgage loan servicing, payments, escrow account July 17, 2015 - On - -, 2015 I filed for a chapter - as a result of my lender instituting foreclosure procedures. My home was scheduled to be foreclosed on at the courthouse steps on - -, 2015. As a result of the filing it halted all proceedings from debt collectors, attorneys etc. After informing by lender of this filing they asked me what where my intentions with the property and I informed them that I wanted to keep the property and just catch up the missed payments. The bank informed me that i couldnt pay what was owed because it showed that the home had been foreclosed on until the foreclo... |
Select Portfolio Servicing, Inc Mortgage settlement process and costs May 27, 2015 - - ENGAGED IN UNFAIR PRACTICE AND PATTERN TO DENY US FAIRNESS AND JUSTICE. THE - COMPANIES HAVE MADE SEVERAL FALSE STATEMENTS AND PATTERNS OF OBSTUCTUIN OF JUSTICE. : INDENPENCE FORECLOSURES REVIEW '' AGREEMENT HAVE BEEN VIOLATED FOR ( $10.00 ) ... - AGENT- - PREPARED A BREACH AGREEMENT FOR - -, - - - - FHA - - WITH ' '' UNCLEAN HANDS '' AT 5.875000 % .FALSE AND MISLEADING. AGENT - - OF SELECT POTFOLIO SEVERING, INC. WERE EMPLOYED AS SEVER WITH '' UNCLEAN HANDS '' '' THE CONTRACT IS NULL AND VOID '' AND MOOT '' .THE CONTRACT VIOLATES THE GENER... |
Select Portfolio Servicing, Inc Mortgage loan modification,collection,foreclosure May 22, 2015 - Sps will not send me valuable information that I 've requested thet keep giving me the run around please help me save my home ... |