Select Portfolio Servicing Have called month after month with Select portfolio servicing and still can't get them to stop excessive charges on mortgage. I gave them 5000 in November to pull my home out of foreclosure and to pay 1 year on insurance, This was a check from my mother to SPS to help me out of forbearance agreement. They never explained how the spent my 5000.00, then they told me I owed on past insurance I paid that in three payments one for mortgage of 393.10 one for late payment of 39.65 and another one for insurance totaling over 603.88. To catch everything up without arguing with them. This was in April Now 5 months later they are still adding escrow that I cancelled in November. Late charges of 39.30 and other charges each month of 39.65. I am at wits ends; I only pay them mortgage payment of 393.10 now. I have never missed a payment on my mortgage and After 5 months they say I owe them 1040.00 I am at wits end. They just wont listen. They refuse to stop escrow, I have had this mortgage for over 10 years and never had escrow until I was in foreclosure and was set up on forbearance agreement. I have always payed my insurance myself along with property taxes. Any help would greatly be appreciated. Needless to say my payments went up to 515 a month they just won't work with you. They wont listen and they call at least 2 times a day and its very stressful. I just realized my rate is so high I will never be able to pay off this loan, I don't wont to loose home but this type of interest rate should be banned with rates at 5 % sps should drop rates also.
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