May 10, 2023
Debt collections firm Select Portfolio Servicing Inc. settled a lawsuit in Tampa, Florida, district court on Wednesday after being found liable for sending out inaccurate monthly statements by the Eleventh Circuit, which found the statements count as debt collection activity.
June 15, 2022
Collections firm Select Portfolio Servicing on Wednesday asked the Eleventh Circuit to reconsider a ruling in a matter of first impression last month that mortgage servicers can be held liable for sending borrowers inaccurate monthly statements.
May 25, 2022
The Eleventh Circuit ruled Wednesday that a mortgage servicer could be held liable for sending out inaccurate monthly statements, in a matter of first impression that found the statements count as debt collection activity.