SPS Select Portfolio Servicing, inc Discussions (35)

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Short Sale -> Short Pay

Has anyone been offered this option via SPS?  This little known, sister to the Short Sale, is claimed to be like a short sale except withou…

Started by Greg Kristy

7 Dec 4, 2018
Reply by Brett Goldsmith

Select Portfolio is Stalling

I have worked a short sale for over a year with Select Portfolio Servicing.  I'm now on the 3rd offer.  This offer was presented in May, wh…

Started by Kay VanKampen

1 Nov 20, 2018
Reply by Greg Kristy

SPS 2nd mortgage

Hello, I have a short sale that has an SPS 2nd mortgage. The 1st mortgage is with Mr. Cooper and is a Freddie Mac Loan. The 1st mortgage h…

Started by ash lomont

7 Oct 24, 2018
Reply by Tony Morales

Will Select Portfolio Servicing contribute to the 2nd lien

I just initiated a SS with SPS and when I was on the phone with the rep I asked how much does SPS normally contribute to the 2nd lien holde…

Started by Juan Reyes

2 Jun 1, 2018
Reply by Tony Morales

Loan got Transfered to SPS by Chase after getting short sale approval from 2nd lien holder..

The short sale I was working with CHASE got transferred to SPS on August 1st 2016. This property has two liens on it. I got an approval fro…

Started by Rashida Furniturewalla

2 Aug 9, 2016
Reply by Rashida Furniturewalla

HAFA SHORT SALE (SPS IS 2ND) demaning $12000 (which is 75% of UPP)

All - I have a HAFA short sale with SLS (1st) and SPS (2nd). I have approval from SLS - the approval offers SPS 10% of UPP (which is $330…

Started by Jason Sanseverino

3 Mar 30, 2015
Reply by Alexis Adams

SPS Refusal to extend close by 10 days (including weekend/holidays) Day of Close Canceled!

We have been negotiating a Short Sale in Florida since July. SPS finally accepted offer mid November with a close on or before 12/19. Title…

Started by Linda Boller

2 Dec 31, 2014
Reply by Linda Boller

Escalation to SPS

Hello everyone, We are buyers in a SS which has two liens with SPS and one with the IRS. After waiting forever, we finally got approval fr…

Started by N S

0 Jul 20, 2014

SPS won't put payoff to 2nd lender on its approval letter, defying title company's demand

Sorry, just found this group and already posted this issue in general discussions. SPS refuses to put the payoff to the 2nd lender on its a…

Started by BJ Stulles

2 Jun 13, 2014
Reply by Melissa Trimarche

SPS - MATT HOLLINGSWORTH - CEO - and the investors of Deutsche Bank National Trust Company, as Indenture Trustee, on behalf of the owners of the Accredited Mortgage Loan Trust 2004-4 Asset Backed Note

((((BEGIN VENT)))))Yes.  I have a tear down property that has an auction date.  We got one postponement.  Cash deal rejected...OFFER TO LOW…

Started by Smitty

6 May 29, 2014
Reply by Homesbysadie



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