Select Portfolio Servicing
Skeptical of Short Payoff Offer and Western Union Payment

Business & Finance

My daughter has a mortgage with SPS and they have made her a 3-choice offer. One choice is a short payoff using certified funds for "full and complete satisfaction of mortgage loan". She rec'd a 3 page document. 1st page is a letter explaining the 3 options. 2nd & 3rd page are the agreement.
Note:
1. Short payoff amount and wording is not in the agreement, only in the letter which references the agreement as Attachment 1 at the bottom of the letter.
2. By phone, they said she did not need a different agreement, just sign the one she has and send in with the certified check, or
3. Fax in the agreement and send the payment by western union.

I have many concerns, but I am especially curious
4. If anyone has sent payments by western union and had problems?
5. Has anyone had problems when they sent documents by means of a "signature required" method and had problems?


Company: Select Portfolio Servicing
Country: USA
State: Utah
City: Salt Lake City
Address: 3815 S. West Temple
Phone: 8888186032
  <     >  

RELATED COMPLAINTS

Select Portfolio Servicing
Certified Payment Lost, Loan Modification Cancelled

EMC Mortgage Corporation
Trying to get my home into foreclosure

Fairbanks Capital, Select Portfolio Servicing
Forced Into Bankruptcy After Split Bi-Weekly Payments Were Returned

Select Portfolio Servicing
Foreclosure Started Before Forbearance Offered, Payoff Fees Charged Twice

Fairbanks Capital, Select Portfolio Servicing
Forbearance Agreement Paid, Then Attorney Fees Secretly Added

Fairbanks Capital Corp
Escrow and Late Fees Added Despite No Escrow, Forced Home Sale

Litton Loan Servicing
Ripoff auctioning off home because they can't find my forebearance agreement Took my $3000.00 payment Declined 1st months payment

HomeSide Lending
Ripoff consumer rip-off fraud

Wells Fargo Mortgage
Refused payment, shifting payment amounts and short sale blocked before foreclosure

Bellaire Capital Group Robert Pax
Robert Pax and Lydia Sloan Robert Pax and Lydia Sloan asked me to send them $806.70 via western union. I sent $806.70 on 11/18, Robert Pax asked me to send more money. Sent $806.70 on 11/19 to Robert Pax