Consumer complaint received 2023-10-23
Company: Specialized Loan Servicing Holdings LLC
State: SC
Product: Mortgage
Sub-product: Conventional home mortgage
Issue: Struggling to pay mortgage
Sub-issue: Foreclosure

Complaint:
XX/XX/XXXX - I became aware of the tax fraud being committed by Specialized Loan Servicing XXXX LLC ( hereafter referred to as " SLS, LLC '' ) by failing to file the 1066 REMIC Tax Return form and pay the appropriate taxes. To Verify whether or not this was the case, I sent SLS, LLC a formal letter requesting a copy of the 1066 Tax Return and the scheduling balance3 sheet XXXX showing financing, receivables, or assets and XXXX XXXX  reports evidencing Securitization of the Promissory Note and the Deed of trust as an off-balance sheet item under SLS, LLC 's XXXX XXXX XXXX Agreement and the accounting ledger of the same alleged account to show that SLS is in compliance with FASB ( Financial Accounting Standards Board ) No. 95 Statement of Cash Flows. 
XX/XX/XXXX - I received a letter from SLS, LLC declining to provide the information that I requested claiming that it was it was an " unreasonable volume of documents or information that SLS could not respond to within the required time limits ''. ( pdf attached ) XX/XX/XXXX - I sent a response letter to SLS, LLC ( unsigned digital copy of the letter attached ) clarifying that because SLS had failed to file and pay the taxes appropriately like they are supposed to do according to 26 U.S. Code 856 It is impossible and illegal for LLC to foreclose on property it failed to elect to treat as foreclosure property by failing to file a tax return and pay the tax. 
XX/XX/XXXX - I received a response letter from SLS, LLC which did not address any of my prior requests but instead stated SLS, LLC 's intent to attempt to foreclose on my property ( which according to 26 U.S. Code 856 they may not do since they did not properly elect to treat this as foreclosure property by filing and paying the appropriate tax ). 
XX/XX/XXXX - I received an additional XXXX  response from SLS restating what was said in the XX/XX/XXXX letter and further reiterating that SLS, LLC had no intention ( nor ability ) to provide the documentation that I had formally requested in writing months prior. 
XX/XX/XXXX - I sent a response letter ( attached ) to SLS, LLC further clarifying my position that SLS, LLC is in violation of Federal Tax Law ( see attached ). 
XX/XX/XXXX - I received an additional letter from SLS, LLC ( not attached ) which was a repeat of the letter sent on XX/XX/XXXX and did not contain any new information or response to my inquiries. 
XX/XX/XXXX - I sent an additional response to SLS restating my position and reclarifying that they had yet to resolve any of the questions and concerns I had regarding the legality and legitimacy of this mortgage ( clearly, they are unable to do so as if they could, they would have ). 
XX/XX/XXXX - I received a Foreclosure Summons to appear in the XXXX XXXX XXXX XXXX XXXX XXXX for a Foreclosure Intervention requested by SLS, LLC. 
XX/XX/XXXX - I received a notice of hearing from the XXXX  County Court of Common Pleas ( five days after the fact ) scheduled for XX/XX/XXXX XX/XX/XXXX - I received a notice of judgment from the XXXX  County Court of Common Please indicating the court 's intent to sell my home in an illegal foreclosure sale scheduled for XX/XX/XXXX XX/XX/XXXX - I sent a letter to the judge, XXXX XXXX XXXX XXXX XXXX in Equities '' restating my position and legal case. The judge then moved the Foreclosure sale date to XX/XX/XXXX. 
XX/XX/XXXX - I sent a letter to SLS, LLC, The Judge, the county Sheriff, the FTC, and The Consumer Financial Protection Bureau stating my intent to exercise my Right of Rescission pursuant to 12 CFR 1026.23 ( see attached letter ). 
XX/XX/XXXX - The court ignored/denied my legal claim on my right of Rescission and carried out the illegal Foreclosure Sale. On this day I also received an email from the Court asking if I would like to schedule a hearing to discuss my Right of Rescission letter. Since the court had already demonstrated itself to not be acting in good faith, I elected to send another response in writing. 
XX/XX/XXXX - I sent a letter reiterating that I have the right to Rescind from this mortgage according to appendix H of 12 CFR 1-26.23 ( h ) " Special Rules for Foreclosures '' unless SLSL, LLC can produce documentation and the certified original Notice of Rescission with my wet ink signature certified correct and true by a Notary Public. So far SLS, LLC has been unable to produce such a document but both SLS, LLC and XXXX XXXX County Court of Common Pleas have made very clear their intent to move forward with the illegal Foreclosure sale of my property XX/XX/XXXX - I sent a new letter to the court, SLS, LLC, the IRS, and many governing federal regulatory bodies seeking intervention and stating the full case. XXXX XXXX XXXX XXXX, SLS, LLC and associates have demonstrated themselves to not be acting in good faith and have violated several laws in attempting to enforce foreclosure on this illegal debt instrument that does not qualify to be treated as foreclosure property. 
XX/XX/XXXX - The court has scheduled a hearing to order the Sheriff to remove me from my home illegally. I seek immediate intervention to prevent this from occurring.

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation