Trying to negotiate a loan modification (and loan audit to avoid foreclosure), through a lawyer. During the process, was informed that my loan is owned by Lehmann Brothers who has filed for bankruptcy. SPS indicated that they cannot do a loan modification because Lehmann Brothers' assets are on ...
Ownit Mortgage Solutions, now defunct, made my Jumbo loan in July. The loan amount was $569,950.00 At 8.625 % for two years and variable rate effective September. It kicked up to 11.250%. The loan was sold to Litton Servicing then to Select Portfolio Servicing. I fell behind on the payments and SPS ...
My husband and I had our loan taken over by Fairbanks Capital, now Select Portfolio Servicing in 1999. We have had problems like many others with these people. We would like to see something done about it too. We would love to get our loan away from Select Portfolio Servicing. It's been very ...
Just another victum of select portfolio. While not having troubles like most of what i have read here i think ours are just begining. We bought our home 2 years ago at a fixed rate of 7.5 for 2 years going to a variable rate after 2 years. Our original motgage co sold our mortgage to select. Our ...
SPS sent us a notice one week after purchasing our Mortgage from CIT Group, stating we must pay balance in full, not in the 40 years we have amortized over. We have had to retain an attorney and fight to keep our home even though NO payments are 30 days late. We contacted the Mortgage Broker that ...
1 payments not applied. 2 Fees Fees And More Fees. All That I Have Read Here Has Happen To Me. How Can They Do This? Richard Covington, Georgia U.S.A. ...