Tag: Select Portfolio Servicing

Foreclosure Stories: I Stopped Paying My Mortgage

January 2012 was the last time I paid my mortgage in full. Like many unemployed or underemployed Americans, I had some tough decisions to make regarding my finances.  If I paid the mortgage, how was I going to eat?  How was I going to keep the utilities on?  How was the phone bill going to... Read more »

Foreclosure Follies: Making My Peace

Foreclosure Follies:  Making My Peace
 Just when I think I have my brain and emotions wrapped around this   foreclosure thing, something springs up that starts me crying again. This time it was a UPS notice from my mortgage servicer, Select Portfolio Servicing (SPS).  I’m not taking this as a good sign. This sent me into a crying jag which is... Read more »

Foreclosure Follies

It is so difficult to write this. Baring a vast amount of money dropping out of the sky or a good paying job, I should be in foreclosure by the end of the summer. Like thousands of other homeowners who are either unemployed or are finding out their trial modifications weren’t accepted, I received a... Read more »


According to a CNNMoney.com article, the average duration of unemployment is 30.2 weeks. That’s roughly 7 1/2 months. Frankly I think that’s estimate is a touch unrealistic—it takes much longer than 7 1/2 months to find a job in this market. Yet if it does take 7 1/2 months to find employment but the modified... Read more »

Round Two

I have been unemployed 20 out of the last 33 months. As you can imagine, joblessness has taken it’s financial and emotional toll. Paying bills is always an exercise in creative financing. I am behind on my assessments, have an unhappy and litigious credit card company all over my ass and let’s not even bring... Read more »