Select Portfolio Servicing
Misapplied Payments, Unexplained Fees and Credit Report Damage

Add another soul to the long list of people battling with Fairbanks/SPS!

All they did was change their name. They continue to operate the same way they did before the class action suit.

This is (in a nutshell) what they have done to me:
*Have had my account screwed up for the past year
*Put payments into "unapplied funds"
*Misapplied payments (fees, incorrect month, etc.)
*Charged many unexplained fees (misc corp disbursement, property preservation [3x's in 1 year], etc.)
*Charged enormous late fees due to their errors
*Returned Oct 04 & Dec 04 payments to bank in Dec 04, said they couldn't find account, held Nov 04 payment, charged late fees, initiated FORECLOSURE.
*SPS Attorney in Ft. Lauderdale, FL filed a "Voluntary Dismissal of Foreclosure" with the Volusia County Court 1-27-05
*Account has been in dispute since 1/26/05
*SPS still says the foreclosure and all fees plus foreclosure fees & atty fees are correct (why then voluntarily dismiss it?)
*Faxed my grievance letter 3/11/05
*Called SPS 3/28/05-Still hadn't been logged in as received
*Cannot re-finance to get away from these people because of what they have reported on my credit report.
*Credit report says acct in dispute Foreclosure process initiated
It says NOTHING about the voluntary dismissal of foreclosure.
*On 3/21/05 credit said NO 30 60 or 90 day lates
*On 3/22/05 " " 2 120 day lates
*They reported on my credit during the dispute process which in a violation of my contract.
Etc. Etc. Etc.!!!

I want these people shut down!!!

I have consulted a local lawfirm and am ready to proceed with whatever I have to to get these people!
If anyone has a class-action suit started COUNT ME IN!
Best to file a consumer complaints here, consumer complaints will work with lawyers to have you contacted.

Company: Select Portfolio Servicing
Country: USA
State: Florida
City: Jacksonville
Address: 10401 Deerwood Park Blvd
Phone: 8002588602

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