Consumer reviews and reports on scam companies, bad products and services
Select Portfolio Servicing SPS Loan Mod Fraud Salt Lake City, Utah
20th of Oct, 2011 by User288407
Our original mortgage was with First Franklin Financial and they sold our loan to Select Portfolio Servicing. My husband had a decrease in pay so I called them to let them know that I was going to miss a payment and asked if they could possibly put that payment on the back end on of the loan to help us out a little. I was told "NO" they were a servicing company and they could not do that. They suggested the make home affordable program to us. We applied for the program which after 4 months they finally told us that we did not qualify. Well by this time our credit is ruined and we cannot get anyone else to give us a modification. Next they suggested their "In House" modification which takes our payments from 2300 to 3100.00. Now common sense tells you if we could not make a 2300 payment, how in the world will we be able to make a 3100.00 payment when my husbands' weekly pay is steadily fluctuating. Supposedly this is our only option to save our home. They did gratiously offer to allow us to do a short sell and would give us 3000 in moving expenses. They also offered to allow us to do a deed in lieu giving the house back to them. I thought these companies were supposed to be in the business of helping the homeower stay in their home. They are doing everything they can to run us out of this home. Something needs to be done about this company. To my understanding there are thousands of other people they have done this to and yet they are still in business. Can anyone do anything about this. We need help.

Post your Comment

Complaint Details

Get new code


Recently Updated Reports

667 days ago by thestoryofdianegerrish
goldendoodle world - goldendoodle world lake ridge kennels Vulgar,...
I just came across this page a few minutes ago. I am Sandra Johnson and although this page was...
891 days ago by freeinfofraud - Unable to withdraw funds
Bitky be Aware! Unable to withdraw money! Bitky idoes not allow you to withdraw your funds, do...
896 days ago by ned l.
Bi Polar Bullies - Bi Polar Bullies Kennel Karen Wolfe BUYERS BEWERE OF THIS...
thank you for bringing this to my name is Karen Wolfe, i'm the owner of...
897 days ago by ned l.
ServiceMagic ServiceMagic scams and cheats contractors...
Jason - I'm sorry to hear about your experiences with your leads recently. The leads that...

Top Reports


User Registration

Already a member? Log in now.
E-mail address
Get new code

User Registration

A confirmation email was sent to "".
To confirm your account, please click the link in the message.

If you don't see the email in your Inbox, please check your Spam box.

User Login

Not a member of Register now.
E-mail address
Forgot your password?
E-mail address
Loading, please wait...
Your password has been sent to the specified email address. Log in