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Report: #1229281

Complaint Review: Select Portfolio Servicing - Salt Lake City Utah

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  • Reported By: Corey — Big Lake Minnesota USA
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  • Select Portfolio Servicing P.O. Box 65250 Salt Lake City , Utah USA

Select Portfolio Servicing Willing to join Class Action lawsuit if there is one Salt Lake City Utah

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 My wife and I both lost our jobs at the same time about 6 years ago. Select portfolio servicing had already purchased our loan. We contacted them about a principal reduction modification so we could afford to keep our house. We were instructed to skip payments to get process started, so we did. We then entered a trial phase with a ridiculously low payment for 3 months. I should have saw a problem because we never missed before but was a good faith payment plan. Then it fell through 1 more time and were approved on the 3rd 3 month trial. We had original Balance on our home of $279,000 paid the mortgage 5 years before modify. Our balance upon starting the modification was $238,000. We now have an interest bearing principal of $76,000, but our new principle balance is $315,000. To help us out we were nailed with $50-75,000 in fees. We now want to move and can not sell without wrecking our credit through a short sale. How do I join the suit?

This report was posted on Ripoff Report on 05/14/2015 04:03 PM and is a permanent record located here: https://www.ripoffreport.com/reports/select-portfolio-servicing/salt-lake-city-utah-84165-0250/select-portfolio-servicing-willing-to-join-class-action-lawsuit-if-there-is-one-salt-lake-1229281. 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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