• Report: #295268
Complaint Review:

Select Portfolio Servicing, Inc.

  • Submitted: Fri, December 28, 2007
  • Updated: Fri, December 28, 2007

  • Reported By:Miami Florida
Select Portfolio Servicing, Inc.
P.O. Box 65250 Salt Lake City, Utah U.S.A.

Select Portfolio Servicing, Inc. Select Portfolio Servicing - Fraudulent, Inhuman, Uncomprehendable Mortgage RIP OFF!!! Salt Lake City Utah

REBUTTAL BOX™ | Respond to this Report! | Consumer Comment

What's this?
Corporate Advocacy Program

Show customers why they should trust your business over your competitors...

What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

Set the record straight:
Arbitration Program

SEO Reputation Management at its best!

Refinanced home in July 2005, mortgage sold to SPS in November 2005 - Life has been a living hell since that time. Initially, first mortgage payment lost and still missing in action. Forced placed insurance despite the fact that the mortgage was escrowed for taxes and insurances at original and refinance closings.

Mortgage payment skyrocketed nearly twice original agreed upon amount due to fees, charges, and escrow account. Naturally, this made mortgage impossible to pay. Several attempts to establish a realistic "work out/repayment" plan with SPS including over $20,000 in forebearance plan down payments. Still in debt and behind on payments facing foreclosure.

We've tried several times to refinance the mortgage to obtain another lender and each attempt has been unsuccessful. The home has over $100,000 equity. Bankruptcy is the only option.

All resources have been exhausted. We have tried to work out a reasonable plan with these people and can't seem to come to anything remotely feasible. SPS is an impossible company to conduct business with.

Miami, Florida

This report was posted on Ripoff Report on 12/28/2007 03:58 PM and is a permanent record located here: http://www.ripoffreport.com/reports/select-portfolio-servicing-inc/salt-lake-city-utah-84165/select-portfolio-servicing-inc-select-portfolio-servicing-fraudulent-inhuman-uncompr-295268. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

Click Here to read other Ripoff Reports on Select Portfolio Servicing, Inc.

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?