Select Portfolio Servicing
Refused to Waive Prepayment Fee for Refinance

Business & Finance

SPS has purchased my mortgage. I have one of those interest only rip off loans. I contacted them just to see if they would waive the pre-payment fee so that I could refinance. They refused, but did offer a short sale or a short payment. That does not make sense at all. They would rather lose the entire payoff than lose just the prepayment fee. I am not happy that they hold my mortgage and cannot figure out why they even bought it.


Company: Select Portfolio Servicing
Country: USA
State: Utah
City: Salt Lake City
Address: PO Box 65250
Phone: 8002588602
Site: spservicing.com
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