Im so fed up with SPS. Click Change Settings if you want to tailor the use of your cookies. We are in the same boat. Some choice, huh? I HAVE FILED A COMPLAINT AGAINST THIS FRAUDULENT COMPANY WITH THE US CIVIL RIGHTS DIVISION, US CRIMINAL INVESTIGATION DIVISION AND THE FEDERAL TRADE COMMISSION BECAUSE MY MORTGAGE WAS COMPLETELY PAID OFF IN AUGUST 2018 WHEN I WAS TOLD THAT I HAD TO RETIRE DUE TO MY DISABILITY AND THIS COMPANY CLAIMS THAT THEY OPENED A MORTGAGE LOAN UP ON MY HOUSE IN September 2016 but they lied about because I refinanced my house with Rushmore Loan company on the same day for the exact same amount of money as the truthful mortgage company did . Jacksonville, Florida, United States. We will contact you within five business days to acknowledge receipt and let you know if you need to send additional information or documents. Hello I am in the same boat same story.. yep faraudulent taxes reported my taxes paid in 2017/2018 wrong when i got my end of year totals.. stole my house right out of ch13 which we completed for 5 yrs and lived off only what we me made cash to save our house and in the end the they screwed us anyway and foreclosed n stole our home.. they need to have the riots take over their buildings and b taught a lesson if our own government wont stop this insanity of wolves!!! SELECT PORTFOLIO SERVICING, INC. Case Summary On 08/08/2019 GARAY filed an Other - Arbitration lawsuit against SELECT PORTFOLIO SERVICING, INC. Dont give up. In February 2019, Fleming filed a lawsuit against Select under the FDCPA for its attempts to collect on the loan while she was in bankruptcy. September of 2014 my dad had already paid over 94,000.00 dollars way over what he was to pay back. My loan was transferred to SPS and it is current! Petition for certiorari denied on June 29, 2020 Issue: Whether 11 U.S.C. Overview 292 Reviews 7 Jobs 392 Salaries 28 Interviews 68 Benefits 6 Photos 65 Diversity + Add a Review Select Portfolio Servicing Reviews Updated Feb 8, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 284 of over 292 reviews Sort Popular Popular COVID-19 Related Highest Rating SPS is fully owned by Credit Suisse USA, a large investment Company. then they send me a new letter saying different paper work is missing this been going on for seven years. The case status is Disposed - Other Disposed. This still hasnt stopped them. You can change these settings at any time. I am so tired of this harassment. Aug 20, 2021 PRINCETON A woman is suing Select Portfolio Servicing for breach of contract, fraud and violations of the West Virginia Consumer Credit and Protection Act. Docket for Loza v. Select Portfolio Servicing, Inc., 7:17-cv-00430 Brought to you by the RECAP Initiative and Free Law Project, a non-profit dedicated to creating high quality open legal information. Please add me in they are fraudulent company . HELP I am currently trying to get a modification on my mortgage with SPS , after filing chapter 13 to save it after they refused the first modification, Help what do I do. Help me before their get started. Looking at other comments I dont think they have helped any one. Guess what? They only send a power of attorney for SPS to handle the payments of the loan. Is there is anyone reading this that can add my name to the class-action I would be happy to talk with them thank you Jim, Select Portfolio Servicing should be thrown out of business, Add my name to the Class Action Lawsuit. administrator or law firm. Modification for YEARS. I have submitted countless of documents more than once. There were no new terms agreement made or signed so there is no ceiling to a stopping point. For three years I have been trying to request a modification with them, each time they tell you to send in paperwork. They paid Junes 1/2 and applied that to our loan and next years taxes to our loan. I agree, we have dealt with the company for a couple of years and their goal is to have you lose your home so they can make a profit. status of any class action settlement claim. I farther got a 62,000 dollar loan from a company in 1999 my father passed away in 2014 and was never late paying his mortgage. Always denied!! Select Portfolio Servicing Class Action Targets Debt Collection, Select Portfolio Servicing settled a separate class action lawsuit, https://topclassactions.com/start-a-class-action/, http://www.consumeradvocates.org/find-an-attorney, Social Security Disability application & appeal claim review, Abbott baby formula recall lawsuit investigation, Essential: Remember your cookie permission setting, Essential: Gather information you input into a contact forms, newsletter and other forms across all pages, Essential: Keep track of what you input in a shopping cart, Essential: Authenticate that you are logged into your user account, Essential: Remember language version you selected, Functionality: Remember social media settings, Functionality: Remember selected region and country, Analytics: Keep track of your visited pages and interaction taken, Analytics: Keep track about your location and region based on your IP number, Analytics: Keep track of the time spent on each page, Analytics: Increase the data quality of the statistics functions, Advertising: Tailor information and advertising to your interests based on e.g. Very unfair practices. My loan was in default. Even if your mortgage gets flipped to another mortgage company, the new mortgagor has nor right to change your terms or conditions agreed upon in the original mortgage note you signed. But Bank of America still provided the funds according to my lender place insurance and got my home fixed back up. As of March 31, 2021, the portfolio consists of approximately 8% whole loans, 75% subserviced private label securitizations (PLSs), 4% GSE, and 13% PLS mortgage servicing rights. According to the complaint, Select Portfolio Servicing has a portfolio of over 33,000 "special servicing" loans totaling around $4.8 billion. Did SPS mail a letter and SPS DID NOT CLEARLY LISTED which document were needed to complete your application for a Loan Modification? They are ONLY a Servicing company SPS is a credit intermediary not permitted in the United states; They dont purchase loans. Plaintiff claimed that several mortgage statements sent by Portfolio misstated a number of items, including the principal due, and that by sending these incorrect statements, Portfolio violated the . Ugh it is horrible. Then decided to say that I was not eligible for any form of modification. Select portfolio servicing has from day one used deceptive tactics , fake assignments and denial to access our account to be forced into foreclosure. i am so disgusted with sps. This company does not follow any federal consumer laws. With no notice. Select Portfolio Servicing is a loan servicing company based in Salt Lake City, Utah, with an additional office in Jacksonville, Florida. Unbelievable. America mourns for Her people. They paid 3 homeowners insurance Companies and charge for each in2021. Make payments, set up and make changes to monthly auto draft, view statements, and review escrow information. Consumer Protection Laws: TILA, RESPA, TILA and RESPA combined, The ECOA REG. This attorney was supposed to help me get a loan modification for me but all he did was delayed my payments fir two years, then he said I could file for chapter 13 bankruptcy modification so I got in touch with another attorney who helped me get the chapter 13 bankruptcy to save my home but select profolio refused to give me a modification on my property. They started with me as my husband was fighting cancer and I spiraled into a deep depression after he was gone. Any help is appreciated!! IL. denied, 2020 WL 3492660 Issue: If a petition by an individual under Chapters 7, 11 or 13 has been dismissed within one year, does the stay terminate automatically 30 days after a new filing only as to property of the debtor or as to both Salt Lake City Utah Before them. This field is for validation purposes and should be left unchanged. Our mortgage was purchased by Select Portfolio and they have attached so many fees and false charges that we owe $10,000 more than the mortgage amount was in the first place. Dec 28 2016. My sale was rescended so I had to continue paying the mortgage but SPS said they would not accept any more payments and charged off the loan. The class action lawsuit maintains Select Portfolio Servicing missed that five-day deadline in its communications with the Riveras, and likely with others. They lie, they dont send any documentation, they abuse the elderly laws, they are the most corrupt company I have ever come across and why cant we get them shut down! receive is excuses why I dont have the replacement check. SPS sends me many letters each week telling me I am in default of the loan even though I pay on the 1st of every month, but not the amount that they say I am to pay. Learn more about the cookies we use. SPS said they would not accept any more payments and charged off the loan. I just found out that SPS has basically duped me out of $40k. The Select Portfolio Servicing Unfair Debt Collection PracticesClass ActionLawsuit is Angel Rivera, et al. Box 65450, Salt Lake City, UT 84165-0450 So because we have over $100k in equity in our home we believe they were trying to take our home as we find that chase bank is in trouble again. All the issues you brought up are valid issues and an attorney can tell you how to protect your home. They said they would modify the agreement but only sent forms and saying they were sent and they were. DWF > The Legal 500 Rankings Corporate and commercial > EU and competition Tier 1 DWF has noteworthy experience in advising private sector clients on matters spanning merger contr We use cookies to improve functionality and performance, enhance user experience, and provide tailored content. They are a Threat to the General Public. I told them I was going to get a lawyer if they did not refund my $500.00. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_4" ).setAttribute( "value", ( new Date() ).getTime() ); Please note: Top Class Actions is not a settlement Hello, I had the remaining ~ $19k balance that was Paid on time with chase transfered to SPS last August. this is what they do. No one call tell me anything over the phone..I did try BK but only for just under 1 year b/c date of court filing us too OLD! The person represented SPS and the person was driving a car with license plates registered to a truck. Last months check hasnt cleared yet, so I suspect SPS is up to something. WASHINGTON, D.C. Today the Consumer Financial Protection Bureau (Bureau) settled with Specialized Loan Servicing, LLC (SLS), a mortgage-loan servicer in Colorado. Did anyone look into the 1098 FORMS SPS had mailed out to you for the years of 2017, 2018 and 2019? They tell you they can help with the programs they have. We have filed modification loanpaper refiancing papers and deed of liue and now our short sale was denied. it all happened to us in the end stole our home we worked our entire lives for !! Are there other home owners withe the same issues..please contact me so we can fight back, We are going through the same thing with our home. The check usually clears in 5-6 days. They said they cant extend it beyond that period. It has been 6 months, as SPS keeps denying paperwork, requesting resubmissions of paperwork, stating that they did not receive paperwork or the resubmitted paperwork. Tip #1 So make your payment via a bank wire and if they say they didnt receive it your federally backed bank lawyer will jump in for you and prove you did make that payment on time. [Select] shall release its lien against the aforementioned property upon discharge.. I need help to make this mess go away! Fitch rates residential mortgage primary, master, and special servicers on a scale of 1 to 5, with 1 being the highest rating. Consequently, [Selects] 2nd mortgage lien shall be stripped from this property upon discharge and will not [be] paid as an unsecured during the plan as this debt was previously discharged. Long story short, I am getting out of long nasty marriage, attempting to fix my credit after years of me trusting spouse on finances. However if I try to sell the house I would need to pay them plus the continued monthly interest. I didnt think you could raise a mortgage every month, even if Im late paying it. We were told that the extra amount would be taken off, then they told us if the do, we have to pay taxes on almost $85,000. Select Portfolio Servicing, Inc ., D-1-GN-19-001092 (200th Dist. 16-3540 Decided: May 30, 2017 Before: BOGGS, SILER, and MOORE, Circuit Judges. SPS is the worst company I have ever dealt with, missing paperwork turns into outdated (all of which is false) keep delaying until they can foreclose. The F.B.I. ( I did get and settlement check from that lawsuit) 2. Were almost there to shut them down and make them pay back all of us!!! We have been here 20 years and we do not want to lose our home, but we are between a rock and a hard place. We went through the same. That was discharged in a Chapter 7 or Chapter 13 bankruptcy proceeding. The Judge overseeing this case is Micaela Alvarez. I have had it. Looking at other comments I dont think they have helped any one. Our payments went up 800 a month by the time we lost the house. Select Portfolio Servicing said a clause in their original loan provided a 20-year option. Select Portfolio Servicing, Inc. NOT. Box 65250 Salt Lake City, UT 84165-0250 Account PaymentSelect Portfolio Servicing, Inc. Attn: Remittance Processing P.O. NOT. People do not modify with this company they will make it worse!!! they take my payment and double it for one year and leave me with a large balloon to pay in 12 months that is about 200kthats there idea of a plan to fail. For this reason I didnt open the bills having been assured that I was not being charged PMI wrong I went to pay off the balance only to realized they lied I called multiple times,,, and after months they stopped charging me, but refuse to refund the money they already charged, despite that being the only reason for my call. But in November of that year, Select again tried to collect the mortgage from her. Years ago, they got us Homeowners Insurance which was Over$2,200 for the year, which I just recently found out after the Insurance Company dropped us, saying they were informed we did not live here. 2019); cert. I wish we all came get them in order and money back they owe us they the devil I seen in person theyre evil, I need someone to help me with my law suit what all they did to me to much to write about, but they need to be stop. Please go on SM and find a group that will help you! expected to be mailed out. Since the purchase of my loan in 2013 it has been a complete nightmare. website. Both agencies claimed the company was engaging in unfair, deceptive, and illegal practices in the servicing of subprime mortgage loans.