SELECT PORTFOLIO SERVICING, INC

2016-02-13

Fontana, CA

Loan modification,collection,foreclosure

Mortgage: Conventional adjustable mortgage (ARM)

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-12

Saint Augustine, FL

Loan modification,collection,foreclosure

Mortgage: Conventional fixed mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: Yes Timely Response

2016-02-12

Oxford, GA

Loan servicing, payments, escrow account

Mortgage: Conventional fixed mortgage

Complaint: Select Portfolio Servicing XXXX Inc., aka SPS charges a fee to pay your mortgage online of {$15.00}. In addition, when you do pay this fee SPS does not show it on your mortgage statement. They should not be allowed to charge someone to make their mortgage payment and if they so they should be required, in writing on the statement, to acknowledge that such a payment was made that did not go toward your mortgage or escrow.
Company Response: Company believes it acted appropriately as authorized by contract or law Closed with monetary relief

Disputed: No Timely Response

2016-02-11

Erial, NJ

Other

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-11

Florence, KY

Loan servicing, payments, escrow account

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: Yes Timely Response

2016-02-11

Flushing, NY

Other

Mortgage: Other mortgage

Company Response: Company chooses not to provide a public response Closed with explanation

Disputed: No Timely Response

2016-02-11

Florence, KY

Loan servicing, payments, escrow account

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: Yes Timely Response

2016-02-11

Eastchester, NY

Loan servicing, payments, escrow account

Mortgage: Conventional fixed mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-11

Oxford, GA

Loan modification,collection,foreclosure

Mortgage: Conventional fixed mortgage

Complaint: My home loan was sold to a debt collector. From XXXX home loans to Select Portfolio Services. I have great credit and have NEVER missed a payment. Sps does not do any refinancing or loan modification. I ca n't take advantage of getting relief in any form unless I become sell my home for less or become delinquent. Since the home is underwater no leanding institutions will assist me. Not XXXX, HARP, HAMP, XXXX XXXX, MY BANK or any XXXX BANKS. I was never given the opportunity to search for a new lender nor did I sign any paper work. Is this legal? I feel like a prisoner with good credit history and it 's unfair, immoral and unjust.
Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: Yes Timely Response

2016-02-10

Marlboro, MD

Loan modification,collection,foreclosure

Mortgage: Conventional fixed mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-10

Hinkley, CA

Loan modification,collection,foreclosure

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-10

Hartsville, PA

Loan servicing, payments, escrow account

Mortgage: Conventional fixed mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-10

Pleasanton, CA

Application, originator, mortgage broker

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-10

Belleview, KY

Loan servicing, payments, escrow account

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: Yes Timely Response

2016-02-10

New Port Richey, FL

Loan modification,collection,foreclosure

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-10

NY

Improper contact or sharing of info

Debt collection: I do not know

Contacted me after I asked not to
Complaint: SPS sent a letter dated XXXX XXXX, 2016 regarding insurance coverage on my residential property. In the letter SPS indicates it is the mortgage servicer on a certain account number. It is hereby noted that the account has no relevance to us or to our property. There is no signed contract or agreement or any relationship between us and SPS. We have written to both SPS and CFPB about SPS 's absence of authority. SPS has admitted in prior communications that it is NOT the servicer of this account or any account in connection with us or our property ; that SPS has made contractual arrangements with third parties for SPS 's own profit ; that SPS has harassed us ; that SPS has not proved and is unable to prove that we owe any debt. Without proof of specific legal relationship, SPS is an illegal, unlawful " interloper '', without any rights whatsoever. SPS has no authority to " urge '' contact with our insurance agent to advise that the policy should be billed to Select Portfolio Servicing, or to include them as " Standard Mortgagee '', or " ITS SUCCESSORS AND OR ASSIGNS ''. Therefore we ask AGAIN that SPS CEASE and DESIST communication and DELETE this account.
Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: Yes Timely Response

2016-02-10

Florence, KY

Loan servicing, payments, escrow account

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: Yes Timely Response

2016-02-10

Carver, MA

Loan modification,collection,foreclosure

Mortgage: FHA mortgage

Complaint: I would like to file a formal complaint against my current mortgage servicer, SPS ( Select Portfolio Servicing ) I am in the process of applying for a loan modification with SPS. Letter dated XXXX XXXX, 2016 ( attached ) indicates I have until XXXX/XXXX/16 to complete the application process. I received a 2nd Letter dated XXXX/XXXX/16 ( also attached ) indicating that my home is scheduled for Foreclosure on XXXX/XXXX/16. Please advise.
Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: Yes Timely Response

2016-02-09

Flushing, NY

Other

Mortgage: Other mortgage

Company Response: Company chooses not to provide a public response Closed with explanation

Disputed: No Timely Response

2016-02-09

New Milford, CT

Loan servicing, payments, escrow account

Mortgage: Conventional fixed mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-09

Ehrhardt, SC

Loan modification,collection,foreclosure

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-09

Lockhart, FL

Loan modification,collection,foreclosure

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: Yes Timely Response

2016-02-09

Greenwich, CT

Loan modification,collection,foreclosure

Mortgage: Conventional adjustable mortgage (ARM)

Complaint: XXXX XXXX through SPS, Inc. aided and abetted XXXX who defrauded Plaintiff XXXX XXXX on both loan contracts and then called XXXX XXXX hundreds if not thousands of times creating a psychological, emotional and physical state of virtual arbitrary detention resulting in extended injury and hardship. This illegal prohibited foreclosure action was improperly commenced first in XXXX, was withdrawn by Defendants ( to make way for the Replacement adhesion contract dated XXXX XXXX, XXXX ), then filed again eight months later, on an invalid expired contract, by the Defendants with the instant Summons and Complaint of XXXX XXXX, XXXX. XXXX XXXX Bank ( " XXXX '' ) / XXXX XXXX Bank et al., ( " XXXX '' ) solicited XXXX XXXX to refinance his home in XXXX. XXXX / XXXX, et al., lied at the instant contracts XXXX XXXX, XXXX origination about XXXX XXXX ' credit score, saying it was XXXX points Lower than it actually was. No one can lie- ( XXXX - Prohibited acts ). Defendants do not deny it. XXXX, now a division of XXXX et al., lied in order to place the contract into a subprime security, managed by trustee ( " XXXX Bank '' ) XXXX, bought by many investors through bankrupt XXXX, bought by XXXX for pennies on the dollar. Defendant XXXX Bank XXXX XXXX XXXX XXXX For XXXX XXXX Mortgage Loan Trust XXXX ( " XXXX '' ) as Trustee first managed the trust which held XXXX owned alleged loan contract, for XXXX, then for XXXX after XXXX bought XXXX with XXXX ' $ XXXX loan portfolio on or about XXXX XXXX, XXXX, for only $ XXXX. XXXX keeps violating consumer protection laws, including TCPA violations of excessive calling and fraud, with impunity because the fines are already built into their strategy as just a cost of doing business. They could spend 95 % of the value of the XXXX ' {$300.00} XXXX loan portfolio in legal costs and still make money. They do not care about puny court fines or the law because they keep breaking it. the sophisticated Defendants, XXXX, brought fraud upon the state court by filing, in scienter, the first invalid, prohibited, expired, usurious and illegally originated mortgage loan contract which included rates of 13.50 % and 17.50 %. 12 % is the maximum in CT, see XXXX XXXX which states : " Loans at greater rate than twelve per cent prohibited. No person and no firm or corporation or agent thereof, ..., shall, as guarantor or otherwise, directly or indirectly, loan money to any person and, directly or indirectly, charge, demand, accept or make any agreement to receive therefore interest at a rate greater than twelve per cent per annum. CT ( XXXX XXXX, XXXX. XXXX. ) Also Cited : Whether contract is made in evasion of this section is question of fact, XXXX. ( XXXX clearly made the second adhesion Replacement contract to evade the illegal first contact with virtually no change in interest ). " Voluntary taking or reservation of more than legal interest is per se usurious ; specific intent to violate this section is not essential. '' XXXX. ( XXXX / XXXX replaced the illegal tainted prohibited contract with an adhesion Replacement contract ). " Renewal notes as tainted with usury of original note. '' XXXX. ( XXXX adhesion Replacement note / Replacement contract was tainted by the old expired illegal usurious note ). " A first mortgage given to secure the performance of an illegal and unenforceable loan is equally ineffective. '' XXXX. ( XXXX second adhesion Replacement loan contract is ineffective. That is why they continued to sue on the first contract. This agency should ask Defendants to explain. XXXX would be wise to settle this out of court for no less than 10 % of the original {$710.00} XXXX complaint
Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-08

Interchange Square, FL

Loan modification,collection,foreclosure

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response

2016-02-08

Holmes Center, IL

Loan modification,collection,foreclosure

Mortgage: Other mortgage

Company Response: Company believes it acted appropriately as authorized by contract or law Closed with explanation

Disputed: No Timely Response