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The class action lawsuit maintains Select Portfolio Servicing missed that five-day deadline in its communications with the Riveras, and likely with others. This company for real needs investigated. U.S. RMBS Servicers Scrubbing Their Portfolios of Problem Loans. Now they said that all the paper work was submitted on time but they are not gonna do anything about it .. so i apply for default basically . that has to be illegal. This company sets people up for failure! Very unfair practices. However, there are several other issues with SPS and would like to file a law suit in US District Federal or would like to get a class.action lawsuit Select Portfolio Servicing Reviews - Glassdoor I am ready for a lawsuit if there us one. My house burned on November 19, 2022 completely and my insurance agent , myself and my sister contacted that company to give the payoff information for my house . Predators .. Looks like the only recourse is Bankruptcy to stop the foreclosure and then after youb have tried them they send you a letter saying the foreclosure has been postponed. SPS sends me many letters each week telling me I am in default of the loan even though I pay on the 1st of every month, but not the amount that they say I am to pay. to get the check sent in my name only. I was able to make partial payment. Were almost there to shut them down and make them pay back all of us!!! The organization has also helped her consider strategies for dealing with her mortgage servicer, Select Portfolio Servicing. 6. They said they cant extend it beyond that period. To collect on those debts, the Select Portfolio Servicing unfair debt collection practices lawsuit contends that the company must follow federal laws, especially the federal Fair Debt Collection Practices Act (FDCPA). Weeks later, they received a notice of debt from Select Portfolio Servicing on July 24, 2015, stating that late charges would accrue and vary from day to day.. My husband and I are current being squeezed by SPS to enter into a high monthly repayment plan. Does Select Portfolio Do Loan Modifications - UnderstandLoans.net My statements and all my account info at SELECT PORTFOLIO SERVICING, shows the original balance of $86,395.00!! The Settlement simply allowed the Investment Company not to fall into the DOJs black List, like BOA and Wells Fargo did. Box 65250, Salt Lake City, UT 84165-0250 Account Payment Attn: Remittance Processing, P.O. i am so disgusted with sps. Two classes have been defined for this action. Loza v. Select Portfolio Servicing, Inc. (7:17-cv-00430) - CourtListener
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