Consumer complaint received 2025-03-24 00:00:00
Product: Mortgage — Conventional home mortgage
Issue: Closing on a mortgage — Closing disclosure or other related disclosures
Company: SELECT PORTFOLIO SERVICING, INC.
State: MO

Complaint narrative:
There are.multiple issues. The biggest issue being that all principal interest taxes and insurance was paid on my.house. Including {$120000.00} to escrow. I owned my property I bought in XXXX. When I sold my house Select Portfolio servicing collected ANOTHER {$250000.00} from MY proceeds. I believe this was due to the terms of the XXXX modification. Paragraph XXXX allowed adding any past due amounts BUT. The servicer MUST include payments already made. I believe the payoff was the amount i had already paid prior to the modification less interest. ( Which means they are required to count all payments since XXXX ) .already paid- this is the money they took from my proceeds. The money they were paid in XXXX came from money I paid to two other servicers PLUS the foreclosure balance of my other property. My duplex to which I paid over {$100000.00}. AND a XXXX mortgage to which XXXX payments. XXXX XXXX foreclosed on my duplex. The other loan Assumed in XXXX was paid in full to XXXX mortgage. Therefore In addition to the payments I made to SPS they were paid {$250000.00} from the sale of my house in XXXX and they received another {$200000.00} In XXXX. ( From XXXX west? Did they get the money I paid to the single XXXX AND all of the money paid to XXXX XXXX credit cards from XXXX for the money paid to XXXX? I ). My summation is I made {$580000.00} payments Plus 20 % down payment. I paid off a XXXX second mortgage and {$44000.00} to credit cards from an {$82000.00} line of credit. I paid off XXXXXXXX XXXX mortgage ( already included second mortgage ). XXXX XXXX XXXX XXXX XXXX XXXXXXXX paid off XXXX mortgage that paid off the original {$210000.00} I borrowed to pay the seller {$270000.00} for my house. XXXX refinanced my house to pay taxes and insurance XXXX. ( without counting pays to lot XXXX ERROR XXXX commerce bank payoff already included in XXXX loan ERROR XXXX. XXXX balance already added to first mortgage is paid from the second mortgage. ERROR XXXX. XXXX XXXX Second mortgage was extinguished, released with {$80000.00} DEBT FORGIVENESS THIS PAYS OFF XXXX modified to XXXX less XXXX =balance of XXXX that pays XXXX first XXXX in XXXX and XXXX onewest added to modification - or XXXX. ERROR XXXX {$220000.00} paid after modification pays off the balance. All money I borrowed all interest due since XXXX all taxes and insurance disbursed and the money added. I am attaching 4 files the deeds of trust and payoffs of my 2 refinances on my house. XXXX releases on ONE XXXX loan and a subordination agreement on my duplex and amount added by onewest. Also the deeds and releases on my duplex showing that ERROR XXXX XXXX XXXX XXXX transferred a loan on my duplex I had already refinanced with XXXX. ( XXXX also held the XXXX loan I assume in XXXX and paid in full In XXXX ). Please contact me for any additional information

Company public response: Company believes it acted appropriately as authorized by contract or law
Company response to consumer: Closed with explanation