Report: #594573

Complaint Review: Select Portfolio Servicing - SPS - Salt Lake City Utah

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Ripoff Report is Xcentric Ventures

Submitted: Mon, April 19, 2010
Updated: Mon, April 19, 2010
Reported By: Piazar — California USA

Author Not Confirmed

Why?

Select Portfolio Servicing - SPS P.O. Box 65250 Salt Lake City, Utah United States of America

Phone: 800-258-8602
Web: http://www.spservicing.com/
Category: Mortgage Companies

Select Portfolio Servicing - SPS SPS SPS refuses to modify my loan Salt Lake City, Utah

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In Sept. of 2009, I signed Forbearance agreement with SPS and started paying lower modified payment. They have asked me for documents over and over. Finally they said they cannot modify my loand and they need to see more income. They said they made a mistake in calculating the monthly payment at the beginning.

I did show more income. They just turned me down again despite of that. My house is worth less than my loan balance. I am in an interest only loan with them. I think I have all the qualifications for loan modification.

If there are any class action suits I am willing to join.

This report was posted on Ripoff Report on 04/19/2010 09:22 AM and is a permanent record located here: https://www.ripoffreport.com/reports/select-portfolio-servicing-sps/salt-lake-city-utah-84165/select-portfolio-servicing-sps-sps-sps-refuses-to-modify-my-loan-salt-lake-city-utah-594573. 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

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