- Report: #1290313
Complaint Review: Select Portfolio Servicing Inc. - St Lake City Utah
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Author Not Confirmed
Why?
Select Portfolio Servicing Inc.
P.O. Box 65250 St Lake City, 84165-0250 Utah, USA
Phone:
1800 258 8602
Web:
Http://spservicing.com
Categories:
Business Rating:
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Select Portfolio Servicing Inc. SPServicing Select Portfolio Servicing Inc. Practices deceptive, illegal, and fraudulent activity during modification of loans process! St Lake City Utah
I entered a modification agreement to modify my loan with SPServicing via a HUD service named: Parkview Services located in the North Seattle area. My loan was successfully modified and agreed upon by all parties. However not long after I iniated making payments SPServicing begin to not honor the agreement without any prior notification. SPServicing, never credited any portion of the payments I made towards my loan, they held on to the funds, tried to renegotiate another modification although there was one already in place, shut down my account, and after I re-engaged the HUD agency SPS was forced to reopen my account. However, SPS initiated sending back 4 months of payments while saying I never made the payments. After I produced receipts reflecting I had indeed made all of the payments they admitted to error. However, they still sent back all of the payments and demanded that I send the payments again while they were now asserting all of the payments were late. Meanwhile, SPS initiated the foreclosure process on my property.
