268 views
New Reviewer
0 comments

Select Portfolio took of my mortgage in Sept 2014. They have been insisting I by additional flood gap insurance to cover what they consider a shortfall.

The condo has a market value of about 55k. The insurance company has place a flood policy for 133K. SPS says it is not enough and is insisting I purchase additional insurance. The insurer has called SPS to say that they are satisfied I am covered for full replacement value and do not need additional coverage.

SPS still will not budge and the CSR supervisor Lindsay is a *** about it. There are 224 units in the condo complex however the condo association and the insurance company have not heard about this from any other owners in the development.

Reason of review: Lender forced flood insurance.

Preferred solution: Tell them to give my mortgage to another company..

Select Portfolio Servicing Cons: Lender forced flood insurance.

Location: Somers Point, New Jersey

Do You Have Something To Say ?
Write a review

Comments

chat-icon

Please avoid publishing any personal information and promotional content

You will be automatically registered on our site. Username and password will be sent to you via email.
Post Comment

Select Portfolio Servicing Reviews

  1. 114 reviews
  2. 13 reviews
  3. 5 reviews
  4. 3 reviews
  5. 4 reviews
Select Portfolio Servicing reviews