• Report: #864557

Complaint Review: SPS Select portfolio services

  • Submitted: Thu, April 05, 2012
  • Updated: Sat, September 01, 2012

  • Reported By: jt — harrisburg Pennsylvania United States of America
SPS Select portfolio services
harrisburg, Pennsylvania United States of America

SPS Select portfolio services This company has been trying to take my parents house for at least 10 years now... every 3 months harrisburg, Pennsylvania

*General Comment: mortgage fraud

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For years now this company has been trying to take my parents house.  It starts with fees and goes to foreclosure notices...Which if you are able to come up with the ridiculous amounts and get out of the foreclosure, they then add all kinds of fees like lawyer fees, court fees, foreclosure fees, paper filing fees, etc etc etc.  My parents original mortgage was for 75,000usd.  I think they took it out in 2000 or so. Today they owe 88,000usd. So in the last 11 close to 12 years instead of there payments lowering the amount, they owe 13,000usd more than originally borrowed. 

A few months ago they were told that if they made the original monthly payment of 685usd for 3 months on time it would stay at that amount.  after the 3 months of making these payments, they got a call saying that there new monthly payments would be 1450usd per month.  With no explanation or reason why.  So my father has refused to make these payments and of course they are trying to foreclose AGAIN.  this is probably the 20th time they have done this. 

The problem now is through all of these crooked schemes my parents credit has gone completely down the tubes.  Which makes it hard for them to get outside help or get away from this company.  You see this company will act like there are willing to help you just so they can add more fees and do the same thing to you every few months.  Its a Joke.  Every time they go through this with this company they get charged a 3000usd attorney fee....

So by the end of the year they get charged more in fees than they have paid on the mortgage.  Oh I forgot to mention my parents house was last appraised at  3 times the amount of the mortgage .   SPS makes me sick... Something has to be done about this....So tomorrow I will be finding the right attorney to go to battle on behalf of my parents.   Good luck to everyone else in similar situations

This report was posted on Ripoff Report on 04/05/2012 06:29 PM and is a permanent record located here: http://www.ripoffreport.com/r/SPS-Select-portfolio-services/harrisburg-Pennsylvania-/SPS-Select-portfolio-services-This-company-has-been-trying-to-take-my-parents-house-for-a-864557. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 General Comment

mortgage fraud

AUTHOR: shayceannah3 - (United States of America)

all I want to say is I have been doing this for 3 years to. I contacted my attorney general office they do help. Also I wrote to the white house and ask the president to start inforcing his new programs. We bailed out the banks so the could bail out us home owners. Instead they came after us harder and took a lot of are homes we as the people have to fight back aint no one else going to do it for use. So either roll over and let the bank take your home  or stand up and fight. I have been fighting for 3 years now all day almost everyday doing investagating every open option. So it up to us fight or roll over I will fight to the day they get my home. THAT IS IF THEY GET IT.Well good luck to you all if any one noes any more please email me at (((ROR redacted))) Also here is a number I just got today Department of justice1-866-490-4367. from they said the white house.I really dont no what to believe anymore. Open to hear for anyone with help. Bank of america was mty company now SPS and found out nothing good about them either. GOOD LUCK ALL!   help me

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