Can A Loan Servicing Company Get In Trouble For Not Reporting Your Credit

Specialized Loan Servicing Warning! Can Specialized Loan Servicing Validate Your Mortgage Debt? Probably Non!

Steve Dibert, CEO of internationally-renowned mortgage fraud investigation firm MFI-Miami, announced today that MFI-Miami has discovered serious flaws in the way Specialized Loan Servicing validates debt owed by homeowners. Specialized Loan Servicing is owned by Computershare out of Australia. As a result, MFI-Miami has issued a Specialized Loan Servicing Warning to homeowners.

MFI-Miami CEO Steve Dibert:

Homeowners demand to request their complete mortgage transaction histories from Specialized Loan Servicing and review them. If in that location is missing information or if something doesn't look right, they need to contact a lawyer or a properly trained mortgage fraud skilful immediately!

MFI-Miami has examined well-nigh 150 transaction histories from mortgage loans currently serviced past Computershare subsidiary Specialized Loan Servicing since 2015. Nearly 140 of these contained serious accounting flaws in the transaction histories. These flaws would call into question the amount homeowners owe on their mortgages. Additionally, MFI-Miami's team of Forensic CPAs take described SLS transaction histories every bit everything from a mess to a trainwreck.

These flaws include v-year and 10-twelvemonth gaps in the transaction histories. They likewise include conflicting payoff figures on payoffs dated the same day. Likewise every bit transaction histories with fictitious and inflated payments made to local taxing authorities.

Steve Dibert also said:

At that place is a definite pattern of venial going on here.I discover it odd that one of the largest mortgage servicers in the US can't practice the bones 5^th-form math required to calculate an accurate payoff on a mortgage.

Specialized Loan Servicing Alarm! SLS Settles Lawsuit For Forced-Placed Insurance Scam

Earlier this year, Specialized Loan Servicing agreed to a settlement that will resolve claims regarding unfair lender-placed insurance.

SLS customers can seek compensation for existence illegally charged lender-placed insurance nether the terms of the settlement

The plaintiffs also merits that this scheme and the process of choosing lender-placed insurance policies resulted in excessive fees and premiums.

The settlement settled all claims against Specialized Loan Servicing. Although none of the defendants admit any wrongdoing. Instead, a settlement provides an artery for both defendants and plaintiffs to avert the costs of farther litigation.

Besides, bank check out these articles:

Does Specialized Loan Servicing Discriminate Against People of Color?

MFI-Miami Forces Specialized Loan Servicing Into $1.8M Settlement