Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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BOB
Stear clear of SPS.There not even a mortgage company.Lets band together to fight this
http://selectportfolioservices.blogspot.com/
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h gosh
Bob, SPS is/was Fairbanks Capital, The Owl, The original House of Cards, and one of the main reasons this forum was established!!!!  SPS/Fairbanks has been the subject of mortgage servicing fraud since 1997 - Thomas Basmajian, the original CEO, has a very interesting background.  Fairbanks Capital arose out of the S&L meltdown, via the RTC, and in addition to filing fraudulent info on their various state registrations, Mr. Basmajian eliminated vital info on his past.  Read through the forum, the Legal Lounge and the Article section to become educated and then ask any questions you want - we will cite you verse and chapter if you would like!!

P.S. SPS/Fairbanks original motto was "No Pay No Stay" and the employees were awarded tee shirts with the picture of an owl dragging a homeowner out of his home.

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We have been fighting Fairbanks SPS for years here. At one time Fairbanks dominated the forum and then  for a while it was Litton. They all belong in jail and should be forced to pay back the stolen assets.
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h gosh wrote:
Bob, SPS is/was Fairbanks Capital, The Owl, The original House of Cards, and one of the main reasons this forum was established!!!!  SPS/Fairbanks has been the subject of mortgage servicing fraud since 1997 - Thomas Basmajian, the original CEO, has a very interesting background.  Fairbanks Capital arose out of the S&L meltdown, via the RTC, and in addition to filing fraudulent info on their various state registrations, Mr. Basmajian eliminated vital info on his past.  Read through the forum, the Legal Lounge and the Article section to become educated and then ask any questions you want - we will cite you verse and chapter if you would like!!

P.S. SPS/Fairbanks original motto was "No Pay No Stay" and the employees were awarded tee shirts with the picture of an owl dragging a homeowner out of his home.

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