Mortgage -- Trouble during payment process -- Complaint #7522802

Complaint Overview

Complaint ID: 7522802

Company: Specialized Loan Servicing Holdings LLC

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

Sub-Issue: Payment process

State: Texas

ZIP Code: XXXXX

Date Received: 2023-09-08T12:00:00-05:00

Date Sent to Company: 2023-09-08T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Recently monthly " auto-debits '' were arranged with " SLS Mortgage '' for {$1600.00} from my business bank account. I am in the process of contacting " SLS '', who purchased this note from the previous lender, to seek confirmation that I am not permitted or " allowed '' access to this account which is not the case according to the attached documents. The other issue I need clarified is the nature of an interest regarding a lender, a " Deed of Trust with a Vendor 's Lien '' and other related documents which specifically identify as joining into the conveyance " pro forma ''. The conventional wisdom about " pro forma '' signatories is that they have no real or conclusive " possessory interests '' since they signed merely for the " appearance '' to shore up a lien or collateral interest.

Frequently Asked Questions

What is Complaint #7522802 about?

Complaint #7522802 was filed against Specialized Loan Servicing Holdings LLC regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2023-09-08T12:00:00-05:00.

How did Specialized Loan Servicing Holdings LLC respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Mortgage) and describe your issue in detail.

Can I see other complaints against Specialized Loan Servicing Holdings LLC?

Yes, visit the Specialized Loan Servicing Holdings LLC company profile at readthecomplaint.com/company/specialized-loan-servicing-holdings-llc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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