screwed b Xty
map-marker Lewiston, Maine

Select Porfolios is a big money scamer theyhave raised my interest rate to 11% after 10 years

I Have been in my home for 10 years I started with a 603.00 payment without escrow. Now that I am with Select Portfolios they raised me to 11% due to being 1 month late a few times and its just a way to take my home knowing that I was struggling before so they raise my payment to 1175.00 without escrow included in hopes of me having to be foreclosed on so they can take my home that I have lived in for 10 years!!! What a scam job. I would run away or hang up on them if they contact you because all they want is to take homes from people who have their homes half paid off. My payment is rediculous considering that I started at 603.00 then my husband was hospitalized with viral encephilitis on the brain. He was out of work for a while so we refinanced and then our mortgage was sold 4 times to different people and we ended up with select portfolios and they are in utah and we are in maine
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Loss:
$1175
2 comments
danielled

I hope your husband is doing better. Where do you stand now. I would like to see if you have legal help or any information about a class action suit? you can contact me at danielledickerson@***.com. I am hoping to get us all help. I am a taking their abuse as well and pissed about it.

Best wishes.

Danielle

Guest

their doing the same to me sold my house in a auction sps are total thiefs i can see why usa has changed because banks drive innocent people in the ground

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Anonymous
map-marker Greensboro, North Carolina

Another one bites the dust for S.P.S.

I was laid off my job in 2008. Iwas struggling to make my house paymentson unemployment benefits.Then president Obama came up with the HAMP program. I was told i qualified and my payments were set at 325$ a month. I sent them the required documents over and over since they kept saying they didn,t get them.Then SPS says i don,t qualify for the program because i didn,t have enough income.THen sps says according to my financials i can make 677$ a month payments.If i don,t qualify for 325$ how on earth can i pay 677$ a month? Now there threatening me with forclosure.It,s all just a scam to take your home!!!!!!! T.P. N.C.
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2 comments
danielled

crazy and unethical, but they take the same approach with all of us, it is their "mode of operation". I am gathering people who need help fighting. Please contact me at dickersondanielle@***.com

Guest

S P S IN SMOKING BAD STUFF , THEY HAVE ON THE SAME TRAIL FOR A YEAR ALREADY, BACK AND FORTH WITH PAPERS , MORE AND MORE INCOME , BECAUSE THAT'S THERE THEME , AND WE ARE THREATENED WITH FORECLOSURE BY THE 22 OF THIS MONTH, OR IF WE TURN OVER THE TITTLE FOR THE HOUSE AND SELL IT THEY WOULD GIVE $3,OOO INCENTIVE, ARE U FOR REAL S P S .AND THE DOC YOU SEND YOU ALWAYS HAVE TO RE FAX BECAUSE THERE'S ALWAYS SOMETHING WRONG ACCORDING TO THEM .

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Anonymous
map-marker New York, New York

Mortgage service companies

hi,i dont understand why the govertment lets mortgage servicing companies(select portfolio servicing)get away with ripping home onwers off they need to step in to keep these low life buttom feeders in check,i dont understand whats going on in america , can anyone explain to me? these lowlife are forcing home owners into foreclosure,can any one out there explain to me why the govertment doesnt step in? if most of the country falls into foreclosure then i guess we can all live off wellfare and in homes paid by every bodys uncle sam its a crime they should all go to prison.
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3 comments
sam Xwa

Folks, get a lawyer & sue them! Come chat with us on Face book site, homeowner's against mortgage servicing fraud.

We try and share news, links and chat. Homeowner's like you to help educate best way we can. Go to Attorney Neil Garfield's Living Lies blog and study up on SPS. Youtube videos of Garfield will teach you.

MSFRAUD.ORG site owner has become a good friend. That site will help you too! Now, go to Max Gardner's Bankruptcy boot camp site and look for an Atty in your area to sue SPS. Also, go look up Produce the Note on Youtube with Consumer Warning Network.

Fight back, stay in your home and CLOG the courts with law suits to stop this! Not about dead beat homeowners but about homes no longer owned by anyone due to insurance they take out in a ponzi scheme...and a servicer getting your money free and clear as a reward for putting it in foreclosure so Wall Street criminals can collect on insurance!

All sanctioned by the the US Govt. Neither political party will stop them!

danielled

I agree, please contact me at dickersondanielle@***.com. My gola is to get everyone I can together via email and fight for our homes. This is unethical and poor business practices.

danielled

I agree, please contact me at dickersondanielle@***.com. My gola is to get everyone I can together via email and fight for our homes. This is unethical and poor business practices.

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Anonymous
map-marker Leawood, Kansas

Select Portfolio Servicing SCREWS CUSTOMERS!

We received a letter stating that our mortgage payment was going down due to the drop in interest rates by around $225. Once this was applied, they started charging us $225/month for TAXES and INSURANCE! We have homeowner's insurance already, don't pay PMI and pay our property taxes separately! They refuse to remove the charges. Hiring a real estate attorney to investigate them. THEY SUCK! We are in the process of refinancing with another lender to get away from these money hungry ripoff artists and have reported them to the Better Business Bureau. Find another lender as soon as you can is all I can say.
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25 comments
Guest

SPS has no idea what they are doing but they do know how to scam and steal. We won our foreclosure case with them in March 2012.

Had to pay 10k up front for a "good faith" payment. Then we had to pay our mortgage according to the terms for 3 months. We did all that and we were released my the courts for our pending foreclosure. The stress release was amazing and to finally feel I had my home again was fantastic BUT SHORT LIVED!!!

In July we received a letter that our house was in foreclosure and that we could apply to remodify the loan THIS WAS THE EXACT SAME LETTER that we got before the we had all the hearings and did the piles and piles of paper work. I sent an e-mail straight to our lawyer and to theirs thinking it had to be a mistake, their e-mail was returned from another person stating that the lawyer no longer was handling cases. BUT THATS NOT ALL, we came to find out that they never were applying the monthly payments to our account and they even returned 1/2 of a payment. They have no idea where the 10k is and they have almost 14K worth of payments from us just floating around somewhere.

My lawyer has been trying to get a hold of them for a month now and trying to get an answer. We have NEVER received a payment statement from them since the hearings in March. I was a victim of them before when they were Fairbanks. I had to pay an early payoff fee of 17k to get my loan away from them.

I did receive $125.00 back from the lawsuit. WOW, THAT REALLY MADE UP FOR THE *** THEY DID TO MY CREDIT, LEAVING ME WITHOUT A DIME IN MY POCKET, AND CHARGING ME THOUSANDS OF DOLLARS IN FEES. The way I see it, they have gotten SO much money from me and all they have given me is high blood pressure, problems, and a whole lot of duplicated paper work to do.

This company needs to be shut down!!!!!!!!!!!!!!!!! :(

Guest

Georgia past Governor ROY BARNES, BARNES

LAW GROUP phone# 770BARNESLAW

Guest

I am interested and am currently being screwed by these guys!!!! topjimmy66@***.com

Guest

As of today I have made it my mission to try to find out who the attorney is that is handling a CLASSACTION SUIT against SPS. Please send me information joanmeeks@***.com.

Also please post your complaints on this site to SPS CLASSACTION LAWSUIT Review #180102.

If we all post to the same comment we'll get a better number of how many people involved are. So far my estimates from my research here is almost 6,000.

Guest

we have been having a non going battle with SPS. we were told if we pay 13 grand our loan would be caught up.

so of course we sent it in and was sent a letter stating all foreclosed proceedings had stopped. a week later, our house was foreclosed on, and we sent every penny we had to this scam of a company. now we are homeless with 2 kids. when i called sps they only told me they were sorry but it was too late to stop proceedings.

really we sent the money in jan, and after calling repeatedly you sent me a letter telling me everything was ok, and then in march they foreclosed on our house.

yea i hope they all are foreclosed on for taking advantage of people. there should really be something we can do about this

Guest

I agree this company is a huge scam artist and the Federal Government is allowing them to remain in business and continue on with "Defrauding" and "Deceiving" Millions of People. Unfortunately, this company is my mother's mortgage company and who she almost lost her house to until I stepped in and contacted them by way of telephone and every since then whenever they call her, she does not answer the phone and I call them back after connecting and hooking up the tape recorder to record the entire telephone conversation!

Guest

Tho we no longer have a mortgage w SPS I am willing to help out any way I can to take this company down. Maybe creating a website n obtaining the attorneys name who is involved w the suite will help.

Companies like this are the ones ruining our economy because they r ruining the good names n credit history of hard working Americans. Does anyone even know for sure if they are an American based company????? How much more can we take of this. They are taking advantage of people who have less than perfect credit and making their lives even worse.

What's even worse is tho who's credit is good they are now destroying!!!! It has to stop!!!

Guest

I filed a lawsuit against sps and the lawyer on 1/31/11.Do not let sps take your home without a fight.If I can help contct me @ cousinstransport@***.com or 404-759-****

Guest

My second mortgage was sold to Select Portfolio. I set it up on auto draft and paid $51.00 more than the minimum due.

The loan was to be paid off in August of 2012. In August of 2010 my loan was supposed to be paid in full because I paid extra each month. I was unaware that there was a balance of $3.13. They sent a letter that I did not receive that the final payment of that amount would not be drafted.

The following month when I got a letter that it was past due I tried to pay it by phone and they would only take a mailed check. By the time the check got to them the loan was past due and reported on my credit. I requested the late payment be deleted and they refused because it was late.

If they would have taken my payment over the phone it would not have been late. This is outragous and unfair.

Guest

SPS was a nightmare to my wife and I. They lied and said there was nothing else they could do.

I had the home sold and sps offered me a modification on a 3 month trial period. We made the payments and after the trial period was up, they wanted more paperwork and after we sent it in they up our mortgage a thousand dollars more per month. I was floored. I said we couldn't afford that.

They started forecloser proceedings. They said it was to late to do a short sale. I said we had a buyer for the house until you said you would give us a affordable mortgage payment. They lied and tricked us.

Now they have given us 12 days to move. If I could, I would sue them.

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Anonymous
map-marker Sacramento, California

Unable to send any information to this company via fax now six attempts made three numbers

This company is very difficult to fax anything, none seem to be hooked up after three numbers and six attempts. Not only that when you get a customer service person they treat you like *** on their feet. You can't explain anything to them it ends up in a horrible fight where you hang up on them. I'm behind obviously and need to catch up I can't do it in one month time. I'm in default now but I can't get this across it's going to take me three to four months. Each time they call me the last three days they hang up immediately when I pick up the line.
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ricknlinda
map-marker Cicero, Illinois

Select Portfolio refuses to help just keeps trying to foreclosure

seven years ago we were taken advantage of by a broker who falsified documents and took off with monies instead of clearing debts, we only found out because everyone came back at us for monies, so we had to file bankrupcy .He took off never to be found and no one would help us, so we ended up at Fairbanks Capital who was sued and then turned into Select Portfolio doing the same practices. I have stop foreclosure now 3 times and have completely depleted my retirement fund and owe the IRS. I have a disablty and they refuse to help
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Loss:
$30
5 comments
Guest

How this company (SPS} was able to employ that many " HEART-LESS " people amazes me.I did'nt think there were that many in the whole state of Utah.After 30 calls never the same one.To take advantage of GOOD PEOPLE,

often aged or disabled takes a certain caliber

person,the kind that would kick a puppy!

Guest

I have had SERIOUS success with my modificaton. I have the CFO's cell number thats how much I complained

Guest

I am going through a *** with this company... looking for attorney who can represent me, any suggestions?

Guest

Unfortunately, a class action isn't going to help. That was tried in 2004 with the consolidation of USA v. Fairbanks and Curry v. Fairbanks in USD MA under USA/Curry v Fairbanks. I was one of those original 281,100 FTC-certified victims. That case is available at ftc.gov.

You are better off finding a good consumer protection firm that understands Mortgage Servicing Fraud issues and attempting to go after them yourself. Law firms are beginning to catch on to MSF and grant programs are becoming available for those facing foreclosure.

Feel free to drop me a line directly through my website if you like. If you run " Mike Dillon NH foreclosure " through your favorite search engine you'll find me w/o any trouble.

Mike

ricknlinda

Does anyone know of a attorney who can start a class acton law suit against them

for all of us having the same problems with Select Portfolio

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Anonymous
map-marker Waretown, New Jersey

Sps trouble call PA AG at 717 787-**** file companlt

Still having trouble with sps CAll the pennslyavia attorney general and file complant to shut the evil company down and fix what they have done to our credit!!!!thank you we need everyone that is a customer that has had a problem to call and file complant. thank you home owner in trouble because of sps.If we all stand together we can get somthing done to fix the mess they have made for you and me. PA AG number is 717-787-**** call asap!!!!HELP HELP HELP IS ON THE WAY FOR THE GOOD PEOPLE,GOD WILL RETURN TO US SOMEDAY HE SAID.

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Loss:
$139
6 comments
Guest

I have tried for years to get SPS to work out a reasonable modification with me. I tried since August 08 no help.

I tried with NACA in Feb 09, still no help.

I have 2 choices pay the mortgage or leave. I am ready to bring this company down completely.

Guest

SPS would not modify our loan they said they could not as they were just the servicer of the loan, but, would not give me the name of the actual mortgage co. They also accepted a loan where the income was overstated, when I questioned them their excuse was that they receive so many loans a day that they cant review all of them.

So, they didnt review my loan but can now foreclose because I cannot afford the payments. They should be shut down by the President!!!

Guest

Let all get together and file a class action suit. This company is ripping homeowners off.

Guest

I used to apply your payments. Believe me when I tell you they were not applied properly and that was upper Managements decision not mine.

They would make me put my signature on a signoff sheet that all payments were applied properly. This was a result of the 40 million $ settlement they paid out for their illegal shenanigans as FAIRBANKS CAPITAL to the FTC. I alerted the the HUD inspector General to this *** when it was fairbanks.I quit because of this as I refused to sign the sheet as it was a lie.I walked out and still got paid unemployment benefits as the State of Utah was all to familar with theses immoral creeps and sided with me in my claim that I quit because I beliveed what they were making me sign was fraudulent. I know how this firm operates I was there when it was fairbanks through the transition to SPS and beyond.

Trust me if they are servicing your mortgage you are being screwed over! I hoped it would change but they retained enough of the Bad managemnt after the switch for them to start thier old tricks after the government heat was off. You wouldnt believe how I was ordered to apply your payments. Corruption to the MAX.

Need help?

I know how these *** work. If I see enough interest to this post I will be happy to advise you who to contact and what to say.

Aydon Vms
reply icon Replying to comment of Guest-83271

Pleas contact me at tomdunn777@***.com,or Facebook,URGENT concerning who to complain to about SPS>Thanks.

Guest

I am also having issues with SPS. I sold my house in April and paid my loan off in full.

Started the process of buying another and a lender ran my credit and all three bureaus have me down as foreclosure, amount settled (short sale) and 90 days late loan amount still outstanding.

I have faxed them everything, HUD statements stating what I netted after the sale, their pay off demand, American titles wire meeting that demand and a letter from SPS themselves sending the release of lien on MY PAID IN FULL loan. I am filing a complaint.

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Anonymous
map-marker Auburn, Washington

A total nightmare

this co is a rip off and we as people that have the extreme bad luck of haveing them holding our mortgages need to band together and hire a law firm that will bring these suns a *** down.They allready changed their name from fairbanks capital because of complaints and court. Lets roll and do something about it.We keep getting late notices from these clowns we are 2 3 months late they change all the time.We have proof that we have paid every month with canceled checks they even said they put our money on someone elses loan please!!!!! Give me a break Pissed in washington

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2 comments
Guest

I will do the same these people are ripping me of daily and im sick of them my e-mail is tweeter570@***.com ... Contact me and i will help in any way

Guest

I AM SO READY TO FIND A LAYWER THAT WE COULD MAYBE GET A CLASS ACTION. THEY ARE RUTHLESS S O B'S. LET'S BAND TOGETHER.

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Anonymous
map-marker Ocala, Florida

Ripoff

select makes agreements using different people who tell you one thing then do another . i called before the large final payment do on forbearance due.

to make arrangements they represenitive told me to make my regular payment I DID AND TO SEND THE rest as soon as possible no i have a notice from how i missed my full amount of forbearance payment and now they are going to process for foreclosure .

i told them the rest of payment would be there in 3weeks they did not care. so i may lose my house to them, but i guess I'm not the only one they will not try to help thanks for nothing select profolio

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1 comment
Guest

We have worked along successfully with Select Portforlio Servicing for almost 2 years or so performing modifications for our clients. SPS has specific guidelines and ratios that must be met in order for you to maximize your modification results.

We know these ratios and most importantly we know how to structure your modification in order to achieve the results that you desire. Even if you have been denied or turned down by SPS or are still suffering from a extremely high interest rate we can help get you back on the right track! We have many references and a 100% Success Rating on all of our modifications. We also have a perfect record with the BBB and the DRE and have been in business many many years.

If you want to save your home please do not hesitate to call.

You are in the right place! Please call Noel Hill at:

(909)728-**** or email me at: noel.hill@***.com

eddie Cix
map-marker New Orleans, Louisiana

SELECT PORTFOLIO SERVICING IS A RIP OFF!!!

Ive been with them for 3 years now there is always a different amount to pay each month even though the rate does not adjust every month like they thinkand like to charge you like it does. i had payments deffered to the back of my loan for hurricane katrina and they charge me late fees every month on this is this legal?

there is always unapplied charges but no explanation of these, now i am in a forbearance aggrement they are charging me for foreclosure fees??? even though the foreclosure did not take place, i went on a website federal trade commissions, and for this company it says they are on a 5 year probation and it says that they cannot charge for fees that did not take place how are they still getting away with this? this cannot be right what they are doing where else do i file a report??

please help me my house not is too much money now they are crooks!!!!!!!

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14 comments
Guest

OMG,,, I had Bank of America for the last 5-6 years they sold us to this company,,, i tried calling to set up my payments on line and because i did not have loan # DAHHHH it is new i dont know it,,,, soo i thought i would go on line to find this company and set up things and this is the first thing i found and i am freaking outtttttttttttt :cry :(

Guest

I applied for modification on my loan and was told by one of the phone agents that I was approved after giving them all my information, bills and bank statements and income info. He went as far as giving me a interest rate, He told me to start a forberance payment and make 3 on time and the payment would remain the same for 30 yrs.

I should have known it was to good to be true. I was later informed that the agent never submitted the paperwork and they had no record of me talking to their agent. I told them to listen to their recording since they say they record everything. I was then told I was denied and was expected to pay 14k or else they would foreclose on me.

I have submitted paperwork over and over to modify my loan and they continue to lose it. I was just called the other day by a agent to advise me I was in default. I told him what is he talking about the payment was made.

He told me oh my bad! I should have researched further.We need to pull together and take action.

Guest

We have worked along successfully with Select Portfolio Servicing for almost 2 years or so performing modifications for our clients. SPS has specific guidelines and ratios that must be met in order for you to maximize your modification results.

We know these ratios and most importantly know how to structure your modification in order to achieve the success that you desire. Even if you have been turned down or denied by SPS or are still suffering from an extremely high interest rate we can help! We have many references and a 100% Success Rating on all of our modifications. We also have a perfect rating with the BBB and the DRE and have been in business for many years.

If you want to save your home please do not hesitate to call.

You are in the right place! Please call Noel Hill at:

(909)728-**** or email me at: noel.hill@***.com

Guest

We have worked along with Select Portforlio Servicing successfully for almost 2 years or so performing modifications for our clients. SPS has specific guidelines and ratios that must be met in order to maximize your modification results.

We know these ratios and most importantly we know how to structure your modification in order to achieve the success that you desire. Even if you have been denied or turned down by SPS for a modification or are still suffering from a extremely high interest rate we can help! We have many references and a 100% Success Rating on all of our modifications. We also have a perfect rating with the BBB and the DRE and have been in business for many years.

If you want to save your home please do not hesitate to call.

You are in the right place! Please call

Noel Hill at (909)728-**** or email me at: noel.hill@***.com

Guest

For all those who have had no success with your forbearence agreements and modifications I truly apologize. You must seek professional help in order to get the results that you desire.

SPS, your lender is not going to tell you how to get the help that you need. There is a front end of a loan and a back end. The majority of homeowner's do not know how to deal with the back end of the loan to get results.

So in most cases you have to deal with the nightmare of customer service. Please read my follow up comment if you desire help and assistance.

Guest

Yes I feel you i can never understand why my cost is always deifferent.

Guest

i am so sick of this co definitly a preditory lender. i have been in a forbearance program since march\2009 paying 70 dollars a month now they will not modify at all -no reason saying too bad so sad --i have the names and dates of everyone--let's get together and fight danielle.jackson@***.net

Guest

I know what you mean. Every time I contact these idiots, you always deal with someone who is incompetent and gives you a standard text book answer.

They are crooks and will not modify my loan since I have never been late or missed a payment with them for 3 years. My interest rate is at 8%. I am in the process of moving and have not paid my property taxes yet and will not pay them. They sent me a letter that I am in default of my loan.

I told them to come take the house and asked wher would they like me to leave the keys. Since I was interest only and put no cash down, I could care less what they do. And you know the sad part, they don't care.

They said, OK is there anything else I can help you with today. The CEO, CFO and entire executive team should be investigated and fired!

Guest

we have to get started with a huge law suite lets give out e-mails to get started please let us know how to get started ITS TIME TO BRING THESE SUNS A *** DOWN ---------- LETS ROLL PEOPLE Richard & Alice Entrekin

Guest

This co is a total rip off,and no one seems to want to bring them down.They have totatly ruined my credit and my life.They keep sending late notices --from 1 month behind to 3 months behind.The credit bueraus are saying the same thing,as we can not get our house rrefid.Im a 100% service connected navy vet,and cant use my va,because the credit bueraus wont take the lates off,we need to get together and hire a good!!! law firm.I have a partial page of my orig loan with ameriquest and it is not my or my wifes initals on some loan docs.Please lets do someting about these crooks lets roll.

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gsk
map-marker Pomona, New York

Added fees regarding insurance & late fees.

This company uses it's power to add fees regarding (late fees that were already paid) or insurance that was paid and even after proof would not *** the fees. Also, was charged about four thousand dollars for one letter from their lawyer regarding late payments and warning of foreclosure. When I called the letter and inquired about the exorbitant cjarges. he just said pay it or I'll start forclosing. Because of low credit score, they take advantage of you because they realize that you will have difficulty in obtaining another mortgage and that it would be difficult for you pay attorney fees. We should all get together and fight them. GSK
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Loss:
$5
5 comments
Guest

We have a 80/20 loan set at 8 1/2% and 12% adjustable rates... gotten bait and switch at the closing table, three years ago with 3 year prepayment penalty from SEBRING, who sold our loan for servicing to Select Portfolio Servicing.

We got 2 payments behind on both loans on this home.

SPS customer service suggested that we use the 3rd month monies to pay the 2nd loan current, so they could modify the 1st loan to 6% or maybe 2%. They took gross income info at that time and gave us a 30 day start on the modification in order to give us time to pay payments on time each month. So far So good....We paid the agreed upon amount August 1, 15 days early) in the meantime, they filed forclosure on our property for being 120 days late and charged us $2,700 in fees for the pleasure.!!!!!!! I called to inquire and was informed that this was standard proceedure and that this foreclosure would have been file anyway because they showed that this went to their attorneys 10 days before we applied for modification!

NOT!(we were only 2 1/2 months late on our payments when this started). Now they are saying that they might possibly modify this loan, but most likely will only roll the 4 payments and attorney fees into the loan IF we make the 3 payments on time (and if the court case on foreclosure doesn't finish us off before they "get around to seeing what they can do"). I am furious and have contacted a lawyer here in Oklahoma to "see what he can do". I suggest you all do the same!

AND IF ANYone decides to start a class action suit for breach of promise or false whatever catagory we fall into.

Count me in! (and post it here!) Good Luck to you all and remember " The only thing evil needs to triumph is for good people to do nothing"

Guest

THIS COMPANY HAS SCREWED ME FOR THE LAST TIME. IT IS TIME FOR ALL OF US RIPPED OFF CUSTOMERS TO SOMEHOW GET TOGETHER AND SUE THEM....HOW DO WE FIND A LAWYER TO START A CLASS ACTION?????

Guest

We send our payment by Western Union bill pay so they cannot hold our payment and post it late, they ruined any chance of a refi because of this, they have ruined our credit score. Did a modification to lower our payment and it went up almost 500.00 dollars, plus added an extra 9000.00 to our loan balance. We are getting ready to just let them forclose as this is taking a big toll on our financial as well as our emotional and mental well being.

Guest

Im from Ca and I got my Modification from a place called Authority Lending if you want to save your home call her Noel Hill 909- 728-**** she help me with Select . Tell anyone that you know that want to save their home.

Guest

I wish I we could sue them , I am paying my regular mortgage and on every check I write that I don;t have escrow anymore . They dropped some charges but are still added 39.95 every month, I guess I will start paying for fedex letter to prove im not late.

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cooophere c
map-marker Evansville, Indiana

Select portfolio add other charges every month

Have called month after month with Select portfolio servicing and still can't get them to stop excessive charges on mortgage. I gave them 5000 in November to pull my home out of foreclosure and to pay 1 year on insurance, This was a check from my mother to SPS to help me out of forbearance agreement . They never explained how the spent my 5000.00 , then they told me I owed on past insurance I paid that in three payments one for mortgage of 393.10 one for late payment of 39.65 and another one for insurance totaling over 603.88. To catch everything up without arguing with them. This was in April 2008 Now 5 months later they are still adding escrow that I cancelled in November. Late charges of 39.30 and other charges each month of 39.65. I am at wits ends; I only pay them mortgage payment of 393.10 now. I have never missed a payment on my mortgage and After 5 months they say I owe them 1040.00 I am at wits end. They just wont listen. They refuse to stop escrow , I have had this mortgage for over 10 years and never had escrow until I was in foreclosure and was set up on forbearance agreement. I have always payed my insurance myself along with property taxes. Any help would greatly be appreciated.
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4 comments
Guest

I am about to sign a forbearance agreement now, and I'm so afraid that this company is going to get me. I have until Apr 20, 2009.

otherwise my home will be sold 5-18-09. I have been fighting these people for 5months trying to lower my mortgage. I have reached for fha/hud, and hope for homeowners who advise me through greenpath counselor to sign. They inform me that fannie mae, and freddie mac give their clients 90days to show they can pay their mortgage, and at the end of that 30 days period, it they follow the agreement, than they will be set up with the affordable home motification.

It's just so many scams out there, and I don't know who to believe, so I'm going to step out on faith, and sign. If anything my conversations is recorded with sps, and if they do anything faulty, attorney here I come...If anyone else been through this, please let me know before 4-15-09...GOD BLESS AMERICA, AND HER SURROUNDING COUNTRY...

Guest

Im from Ca and I got my Modification from a place called Authority Lending if you want to save your home call her Noel Hill 909- 728-**** she help me with Select . Tell anyone that you know that want to save their home.

Guest

Im from Ca and I got my Modification from a place called Authority Lending if you want to save your home call her Noel Hill 909- 728-**** she help me with Select . Tell anyone that you know that want to save their home.

Guest

Go to www.loansafe.org and save yourself!

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Marely Zln
map-marker Olathe, Kansas

SPS crooks and thieves they are

SPS aka Select Portfolio non Services are nothing but a bunch of crooks and thieves ...

After being taken by Reis Enterprises my loan was sold by Peoples Choice no longer in business and to

Select Portfolio non Services ... and I am now on the *** of losing my home ... they told us we could take advantage of one of the programs they offer i.e., short pay refinance and all we have gotten is 'stone walled' ... remember SPS is just Fairbanks Capital in another costume ... and if you

do some surfing you will find out what shysters and

crooks Fairbanks Capital were before changing the name to Select Portfolio non Services

Furious in KS

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Loss:
$225
3 comments
Guest

Brings tears to my eyes to read this. Displaced myself and my 3 kids all under the age of 13.

One minute I am being asked to provide more documentation that my husband and I are employed and the next we have a notice on our door to vacate. Most homes stayed in foreclosure sale for 6-9 months, ours sold as soon as it was on the market (30 days) and for so much less to someone who told our old neighbors they had been alerted by a friend in SPS of a great deal and to be ready.

10 years from now - you will see how bad these banks were and how everyone was scammed - and how they received millions in hopes they would re- do loans from the government for people like us. But they made money on the back end and made money on the front end - They Make Money off of foreclosures - do not believe anything different.

Class action suits will do nothing...my son is in chronic pain (11 years old) due to a disorder that occurred shortly after losing our home and that the psychologists is now attributing to the trauma of losing the home...nice. Hope you guys enjoy all the money you made - because in the end - you can't take it with you and guess what - there really is a God, and he'll be waiting for all of you.

Guest

I was with Countrywide for 4 years.In Sept 2008 I tried to call them to do a modification..I called everyother day without a singlr return call! Finally on Dec 15 2008 I get someone who tells me that my loan was sold.

I asked to whom? He replied that he did not know but whoever it is can help you..Yeah right!! In January 2009 I get a letter from SPS saying they own my loan. I call and the crazy on the phone says they don't do loan mods!!

I call Hope Now and they got the ball rolling with a forbearance agreement(3 months) Than after the 3 months SPS says I have to do ANOTHER 3 months and added more $$! I submitted all docs and did ANOTHER 3 months!! On October 19th I spoke to a rep at SPS and he said your Home Affordable Modification was approved and you will get the final docs within 10 days...Uh No!! 4 days later I get a letter from SPS stating I was denied without reason.

I called and SPS said it was because of my income was only $1500 a month...HUH?? Im in L.A. I could not afford a shack apartment for that!! Come to find out after calling numerous time the *** did not include my husbands income and had the wrong P and L!!

So where am I now?? Had to give more financials and start all over.So I did and SPS said the docs would be sent via UPS overnite (Nov 6) I did not get them ...I call...they sent them to the wrong address...uh huh..said they would resend...okay..did not get...I call..rep says they were sent air freight...what??...I hang up and call right back...next rep says they were NEVER sent!! I said why?..SPS says we dont send Docs UPS we only use Fed-Ex...I ask were they sent Fed-Ex...he said yes!!! HAH!!!

I ask for a tracking # rep says we are not allowed to give that out...(***..my husband used to work for Fed-Ex) By law they must produce a tracking # if docs were sent this way!! I told him this and guess what people?...He backtracks and says "Oh sorry we use DHL for our deliveries" OMG!! DHL went out of biz a year ago!!!Meanwhile I want to mention that I hear him crack a beer or soda and I can hear a sports channel in the background!! Unbelievable!!

I ask for a supervisor..I get Allyssa...I explain and ask what carrier they use...she says we ONLY use UPS!! Are ya kidding me?? She proceeds to tell me that she is sorry and that she will fax the docs from her PC and to wait about a half hour to recieve.(BTW: I asked them to be faxed from another rep and they said it could not be done..its not regulation)..I waited one hour..no fax..I call back and ask for a supervisor who proceeds to start to give me a song and dance..."I don't know why she told you that Ms Jones..she cannot just fax from her PC...it has to be approved first" WHAT!!?!?!? I lost it as can be imagined!!

I said I am going to an attorney...and low and behold...he changed his tune and the docs were faxed!! But one thing I noticed there was no address ANYWHERE to resend docs...I call..a rep gives me SPECIFIC address..."Make sure you WRITE out South...do not abbreviate!" Okay just curious ...I call back...next rep gives me the same address and says make sure you abbreviate south!! WOW!! Who in the *** are these people??

They say the calls are recorded but I think I am going to record them!!

I still think I am going to call an attorney and I suggest anyone who has SPS should!! Wish me Luck!!

Guest

Im from Ca and I got my Modification from a place called Authority Lending if you want to save your home call her Noel Hill 909- 728-**** she help me with Select . Tell anyone that you know that want to save their home.

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Anonymous
map-marker Scottsdale, Arizona

Charged me early payoff penalty when my house burned down

i cant say anything that the rest of you dont already know about these snakes,theyre crooked.Anyway when my home burned down ,I called SPS for a payoff price so I could get them paid,they faxed me a letter saying that it would cost 57000 to pay them off,well that didnt make any sense to me ,according to the last statement i received from the mortgage company,i owed a little over 53000,so I called sps and asked for an explanation,they told me that 2400 was for an early payoff fee,and an additional 900 was for interest through september of 2008,not only was i paying monthly interest which is basically what most of your house payment is,they charged me an additional 100 a month interest,you know what the funny thing is?they didnt buy my loan from ditech until july 2008....my house burned the end of july,so in three weeks they had slammed me for 900 in interest WOW!!!!If the common man tried to do business like that they would call it grand larceny and lock us up.Oh yeah,and because they didnt cooperate with my ins. agent and havent received their payoff their claiming that i owe them an additional 1048 dollars,aint nothing like kicking a man when hes down you greedy b******s carl from tennessee

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1 comment
Guest

Im from Ca and I got my Modification from a place called Authority Lending if you want to save your home call her Noel Hill 909- 728-**** she help me with Select . Tell anyone that you know that want to save their home.

nessie
map-marker Dickson, Tennessee

Select Portfolio Servicing is trying to steal our home.

Portfolio, is a front too steal from people. My husband had called them to set up arrangements on a friday, on the next monday we got served with forclosure paper's. The ecomony is bad for everyone (except) the well off. If you aren't going to help your consumers, why do even pretend too. You are theives, taking homes from people who are already struggling. You guy's for the past 5 year's keep charging us for insurance, we don't need you insurance. We have faxed you copies of our insurance. The next bill we see you are still charging for insurance, along with a host of other made up fees. My insurance agent called and talked to you while sitting in our living room. I then went into the other room and faxed you another copy. Nothing Matters to You Guy's, what will you do when it come's around to you, and you know youv'e done all that you are suppose too.
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Loss:
$55
2 comments
Guest

Im from Ca and I got my Modification from a place called Authority Lending if you want to save your home call her Noel Hill 909- 728-**** she help me with Select . Tell anyone that you know that want to save their home.

Guest

:(

We are also a victim of this company. My wife lost her job last year and was unable to find full time work for six months.

I was the only source of income and needless to say that we fell behind on many bills including our mortgage. Select Portfolio Servicing refused to work with us and immediately foreclosed on us. My wife found full time work and we finally where able to get back on our feet, but it was too late as the sheriff sale was already looming over our heads. I filed for bankruptcy to stop the sale and thats where all of the interesting tricks from Select Portfolio Servicing came to light.

They sold my mortgage to DB Structured Financial, and then from there it was sold to Green Tree. Once my bankruptcy petition was completed and all repayment schedules where arranged, Green Tree started charging me for homeowners insurance. I already had insurance, but my attorny advised me to check my monthly statements because they will try to add charges such as insurance. They also try to over charge you on your property taxes if they are included into you mortgage payments.

Another trick that they have is to send a local real estate agent to drive by your house and snap a photo of your home which cost an average of $200.00 per visit and is added to your monthly payment.

The funny thing is that Select Portfolio called me 2 days after I filed my bankruptcy petition and wanted me to refinance with them. I'm surprised that there isn't a class action lawsuit againts this company yet.

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