Consumer complaint received 2019-06-30
Company: Specialized Loan Servicing Holdings LLC
State: VA
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Incorrect information on your report
Sub-issue: Account information incorrect

Complaint:
In XX/XX/XXXX my property in XXXX FL had some hurricane damage, and my mortgage company, XXXX XXXX XXXX  ( XXXX ), offered me forbearance for 3 payments that would be added on to the end of my mortgage. I accepted forbearance, and in XX/XX/XXXX, just as the forbearance period ended, XXXX transferred my mortgage to Specialized Loan Service. The XXXX agreement stated that SLS would accept and complete the forbearance agreement made by XXXX. SLS harassed me and finally added a modification onto my loan, but instead of a forbearance modification, they processed it as a foreclosure modification, which showed up on my credit report as my being delinquent with mortgage payments. They pressured me, giving me one day to sign which allowed no time for legal review, threatening foreclosure if I did not sign. I disputed it with the credit bureaus later who did nothing to correct it, and it ruined has my credit score. SLS refused to correct their mistake and I have been turned down for refinancing my mortgage because of the mistake SLS made and the delinquency on my credit report. Changing the forbearance modification to a foreclosure modification is an unfair bait and switch practice, and has cost me my credit. At the time I didn't know the difference in the modifications, but now I understand what has happened and I am requesting that the delinquency be removed from my credit report and my mortgage be corrected due to this unfair practice. This has damaged my financial reputation and cost me money. I tried to refinance with XXXX  again and they just told me yesterday XX/XX/XXXX they can not proceed until this mistake is corrected. I have paid almost {$1000.00} in fees for appraisals and application and my loan is denied now because of SLS 's mistake. As a XXXX XXXX I feel this is unfair, and I deserve punitive damages from SLS now that I have figured out what they actually did is illegal. I was entitled to federal forbearance from a natural disaster and they defrauded me to accept a foreclosure. I can not even refinance my house and get away from SLS because of the mistake they refuse to correct on my credit report. SLS agreed to take the loan from XXXX " as is '', then switched it to a foreclosure. They refused to correct the balance or give me credit for all payments made in XX/XX/XXXX. There have been no delinquent payments, and I have submitted receipts to SLS and the credit bureaus. SLS documented the 3 months of forbearance as 3 delinquent payments and threw me into foreclosure and forced me to agree with a foreclosure modification and did not explain the difference in a federal disaster forbearance modification and a foreclosure modification. Please help me straighten this out and get the delinquency off my credit report so I can get away from this unethical mortgage company. The mortgaged property is at XXXX XXXX XXXX XXXX in XXXX FL, where I hope to retire to. I live and work in VA and my address is XXXX XXXX XXXX XXXX XXXX XXXX, VA XXXX Thank you. XXXX XXXX XXXX XXXX.

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