Serving MD, DC, & VA

1997 Annapolis Exchange Parkway Suite 300
Annapolis, MD 21401

Month: May 2017


Failure to pay mortgage does not releive mortgage companies of responsibilities under FCRA

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Mohamed v. Select Portfolio Servicing, Inc., et al, 215 F.Supp.3d 85 (Dist. D.C.) Mortgage was transferred among various servicers and various holders over the course of its life. The consumer/mortgagor, Mr. Mohamed, requested confirmation from his various servicers that they were entitled to payment on the note. Mr. Mohamed eventually stopped paying on the note (in fact, he didn’t make a payment for over five years), stating that his current servicer, EMC, had failed to establish it was the holder of the Note. Mr. Mohamed filed disputes with the credit reporting agencies (CRA’s) to dispute the delinquent reporting of the mortgage account.┬áChase, who was now the servicer, verified the account as accuratately reported as delinquent from April 2011 forward. After the dispute was sent, Chase sent a letter to Mr. Mohamed that Select Portfolio Servicing (SPS), Inc would be his new loan servicer.┬áMr. Mohamed again disputed the negative reporting of…Read More