Select Portfolio Servicing, Inc., Complaints and Lawsuits

CFPB Debt Collection Complaint Ranking*:

#113 of 2,458 Companies

Lawsuits, Penalties, or Sanctions:

FORGUES v. SELECT PORTFOLIO SERVICING (December 8, 2015.) United States District Court, N.D. Ohio. Case No. 1:15-CV-1670.

YHUDAI v. MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (October 2, 2015.) United States District Court, C.D. California. Case No. CV 15-05035 MMM (JPRx).

BAILIN v. SELECT PORTFOLIO SERVICING, INC. (August 7, 2015.) United States District Court, D. Nevada. Case No. 2:14-cv-00678-GMN-PAL.

Location and Contact Details:

3217 South Decker Lake Dr.
Salt Lake City, UT 84119
Phone: (801) 293-3936
Fax: (801) 270-7833
Matt Hollingsworth, CEO
Jeff Graham, Executive VP/Ethics Contact

Business Model:

Select Portfolio Servicing, Inc. (SPS) is a nationally recognized mortgage servicer specializing in single-family non-prime residential mortgage loans. It manages the day-to-day administration of mortgage accounts. SPS also provides home ownership assistance for active service members and veterans of the United States military. SPS was founded in 1989 under the name Fairbanks Capital. The name changed to SPS in 2004.

SPS is #8 on CFPB’s Top 10 list of most-complained about mortgage companies.

* Ranking determined by the overall number of debt collection complaints to the Consumer Financial Protection Bureau (CFPB) as of year-end 2015 and should be considered in context of company size and/or market share. See the CFPB debt collection complaint database in real-time here.