How do I get a payoff from Select Portfolio Servicing?
There are several ways you may obtain a payoff quote:
- Online. Request a payoff quote through this website.
- Phone. Call one of our experienced Customer Service representatives to request a payoff quote.
- Mail* Send your request to: Select Portfolio Servicing, Inc. Attn: Payoff Dept.
- Fax* Fax your request to 801-269-4269.
Is Select Portfolio Servicing a debt collector?
Select Portfolio Servicing, Inc. is a debt collection company located in West Valley City, Utah, with an office in Jacksonville, Florida.
Why did Wells Fargo transfer my mortgage to portfolio servicing?
Homeowners are often transferred to SPS once they become delinquent on their mortgage payments. For instance, a company like Wells Fargo does not want their brand associated with a foreclosure, so it’s likely they will transfer your servicing to a company like SPS once you become 60+ days past due.
Is SPS servicing federally backed?
SPS knows whether an account is a federally-backed mortgage and will be following the CARES Act forbearance requirements as required for those accounts. What is the best way to contact SPS? This website provides you with detailed information about your account and helpful How-To videos.
What bank owns SPS servicing?
Credit Suisse
SPS has serviced residential mortgage loans for more than 30 years and RMBS transactions for 19 years. SPS is wholly owned by Credit Suisse and acts as a key component of its parent’s residential mortgage conduit.
Does SPS servicing refinance?
Can SPS refinance my house? No. SPS is not a bank so we do not refinance. If you would like to refinance you house, please contact the bank or lender of your choice to start the process.
Is SPS a mortgage company?
Select Portfolio Servicing, Inc. (SPS) is an industry leading mortgage servicer. Founded in 1989, SPS is headquartered in Salt Lake City, Utah with an office in Jacksonville, Florida.
What bank does Select Portfolio Servicing use?
Payments may be made through Western Union, using the codes below. Bank wire transfers can be sent using the wiring instructions below. Why is it important that I make my mortgage payment on time?
Is Select Portfolio Servicing legitimate?
Select Portfolio Servicing is a loan servicing company based in Salt Lake City, Utah, with an additional office in Jacksonville, Florida. Founded in 1989, SPS is not accredited by the Better Business Bureau (BBB) and has received hundreds of complaints for billing/collection problems and potential FDCPA violations.
What is Select Portfolio Servicing worth?
SPS’s servicing portfolio is worth some $30 billion.
Does Select Portfolio do loan modifications?
Modification –We may be able to provide you with a more affordable monthly payment by making changes to the terms of your mortgage loan. These changes may include a reduction of your interest rate, a partial payment deferral or an extension to the maturity date of your mortgage loan.
Does SPS report to credit bureaus?
How does SPS collect my personal information? We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
What happens if I pay Select Portfolio Servicing?
If Select Portfolio Servicing is on your credit report, they may tell you that they’ll remove the debt from your credit report if you pay it; this is commonly known as “pay for delete.”
Can a debt collector like Select Portfolio Servicing harass you?
Debt collectors like Select Portfolio Servicing cannot harass you over a debt. You have rights under the law, and we will stop the harassment once and for all. THE BEST PART IS… If Select Portfolio Servicing violated the law, you will get money damages and they will pay your attorney’s fees and costs. You won’t owe us a dime for our services.
When did Select Portfolio Servicing change its name?
The settlement also imposed specific limitations on Fairbanks’s ability to charge fees and engage in certain practices when servicing mortgage loans. In June 2004, Fairbanks changed its name to Select Portfolio Servicing, Inc. and SPS Holding Corp. Select Portfolio Servicing Caves!
How to contact Select Portfolio Servicing Salt Lake City?
The P.O. Box is: P.O. Box 65250, Salt Lake City, UT 84165-0250. The main telephone number is 800-258-8602 and the main website is www.spservicing.com/. Like many debt collection agencies, Select Portfolio Servicing may use many different phone numbers to contact debtors.