Here's How to Beat SLS if you Live in Michigan I'm from Michigan- so this may not work for those of you in other states, but check into it. When SLS tried to charge fees to close our HELOC that they'd bought from GMAC, we call the state's office of financial and insurance services, OFIS, (www.michigan.gov/ofis). We filed a complaint against SLS. They tried to explain why they were entitled to charge us "servicing" fees for a loan that had no balance and was frozen (as all HELOC's were) due to the... read full review »