Monday, November 17, 2014

SELECT PORTFOLIO SERVICING (SPS)

SPS COMPLAINT:

Submitted:      November 2014
Reported By:   Silverstar165 in Spring City, TN
Report Link:   CLICK HERE

My son's father passed away last year.  My son became ex-acuter of the estate.  SPS has given him a list of late charges but can not explane what all the late charges are for.  They say that some are for unpaid taxes and insurance and some are late payment charges.  However, they can not tell us how much is for what, and when.  Also, several years before the estate owner passed so did the estate owner's wife.  Shortly after her death he filed for the government loan modification program to help get back on track and lower his mortgage payment so it would be managable with less income.  After many attempts and many faxed documents of the same things over and over and a change of "relationship managers" three times he was eventurally denied after 10 months.  I know this because I was the person doing all the financial work for him during that time and I am also the mother of his son.  I was his first wife.  Now my son gets calls from SPS on a daily basis about late charges that are not acuratly or clearly explaned and when my son questions them they become defensive stating they are recording the conversatons.  My son has replied that he also is recording the conversation but they hang up on him and call back on another day.  They harrass and will never give the same answer twice nor, does my son speak with the same person twice.  I know for a fact that all the taxes and insurances were paid while I was living here, and have documentation to prove this.  I have even sent them proof of this.  Nothing seems to work with these people.  They make up bogus charges and harress us for payment beleiving we fear all the forclosure notes they send will force us to pay faster.   We are sick of their bulling tactics.   We want to join a class action suit against them.  We beleive they have bogus charges that have been going on for the years they have owned the loan.

END CONSULTING ADVICE:

We routinely look for posts to answer in hopes that it will not only bring optimism to those homeowners and borrowers in distress but also some basic information to assist in fighting the banks that are "too big to fail" but yet don't appreciate the bailout that we provided in their time of need.  The debt collectors like SPS, SLS, Green Tree, Ocwen and Nationstar are simply just piranhas but they can be beat at their own game too just like the big banks can be defeated.  You CAN win this fight!!!

It pains me that you have fallen victim to the illegal, unfair, deceptive and abusive acts and practices of Select Portfolio Servicing (SPS) but I also commend you for seeking help; too often homeowners do not fight for their consumer and constitutional rights!

With that said, you have overlooked a key aspect to your fight, which is putting your objections in writing in the form of a proper QWR and attaching proof of your consumer and Constitutional rights; they have certainly been violated in this case.  All of the aforementioned mortgage lending and debt collection companies MUST answer your Qualified Written Requests (QWR) and if they refuse to then you take your fight to all the regulatory agencies outside of SPS that assist in fighting for your rights like the CFPB; it’s a shame that these more than profitable and previously bailed-out companies engage in this type of consumer abuse.

We would be more than happy to educate you as to how to fight for your rights.  My firm routinely seeks out complaints online so that we can educate as to how to fight back on our weekday show called "The Daily Complaint" where we review a complaint and how to tackle it successfully.

We reviewed your complaint on the show if you would like to listen, click here or visit The DailyComplaint.com

You can learn more by visiting the CFPB's website and becoming educating about the rights afforded you under the FDCPA, Dodd-Frank and RESPA via the CFPB – click here. Here’s also some additional information on “mortgage servicing” since it appears you have very valid complaints with regard to the servicing of the mortgage – click here

In the event you have further questions, you can contact END Consulting and me directly as I would be more than happy to contact SPS on your behalf to determine the status of your foreclosure situation!

I would be happy to elaborate for anyone reading this as we always offer free consultation until we can determine if we can assist you to include contacting the bank and/or servicer for you for free to uncover the options that exist for you in this situation. You can reach me via email or via the web. I have had the pleasure of educating thousands of consumers on their rights and how to assert them to get what they want...my firm is exceptional at what we do!

Every new beginning comes from some other beginning's END

Respectfully,

Dana Shafman
Managing Member
END Consulting
(888) 234-7006 Ext 101


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