Comments on: Stop Foreclosure With Chase http://loanworkout.org/2007/07/stop-foreclosure-with-chase/ Loan Modification & Home Loan News Mon, 22 Mar 2010 00:08:06 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: scott wagner http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-18180 scott wagner Tue, 24 Nov 2009 19:24:32 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-18180 Dont waste your time . Chase is not out to help anybody.It took me 11 months to fing that out .I faxed probably 200 pages and spent many hours working on this . They seem to know more about how much I can afford than I do. The Obama plan what a joke!!!!!!!!! Dont waste your time . Chase is not out to help anybody.It took me 11 months to fing that out .I faxed probably 200 pages and spent many hours working on this . They seem to know more about how much I can afford than I do. The Obama plan what a joke!!!!!!!!!

]]> By: Jack http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-17977 Jack Thu, 12 Nov 2009 01:23:15 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-17977 If you want to know what is actually going on in the loan modification and foreclosure business, spend an day at the federal bankruptcy court in your area. It is quite a shocker to listen to what is actaully going on. I attended. In the space of 1 hour 79 people lost their homes based on attorney surrenders. Only two people fought and won the day. The Trustee complained that she had seen no Loan Modifications or successful short sales. One attorney welcomed another to the court of broken dreams. My advice is to fight even if you have to do it yourself. If you want to know what is actually going on in the loan modification and foreclosure business, spend an day at the federal bankruptcy court in your area. It is quite a shocker to listen to what is actaully going on.

I attended. In the space of 1 hour 79 people lost their homes based on attorney surrenders. Only two people fought and won the day.

The Trustee complained that she had seen no Loan Modifications or successful short sales. One attorney welcomed another to the
court of broken dreams.

My advice is to fight even if you have to do it yourself.

]]> By: Jack http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-17976 Jack Thu, 12 Nov 2009 01:14:35 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-17976 I would suggest you stay away from these people. My experience with them cause me to rate them as predators. You could lose your house as others have. Their main goal is to get $2500 to$5000 from you after that they do a little work and then refuse to communicate. If need more info send me an email. Jack I would suggest you stay away from these people.
My experience with them cause me to rate them as predators.

You could lose your house as others have. Their main goal is to get $2500 to$5000 from you after that they do a little work and then refuse to communicate. If need more info send me an email.

Jack

]]> By: Allison http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-17966 Allison Wed, 11 Nov 2009 01:15:56 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-17966 I have a first & Heloc with Chase. I am past due with each. Today I contacted Hope Line and have scheduled a meeting. Has anyone had good results using 995Hope.org? OR do you have any other connections to work on an affordable loan program or mortgage modification I have a first & Heloc with Chase. I am past due with each. Today I contacted Hope Line and have scheduled a meeting. Has anyone had good results using 995Hope.org? OR do you have any other connections to work on an affordable loan program or mortgage modification

]]> By: Brady http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-17960 Brady Tue, 10 Nov 2009 19:20:25 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-17960 I just went through the three month trail with Chase Home Finance. I have signed document that said I would get my modification if I made all the payments on time. The day after I made the last payment, I was sent 4 certified letters from Chase saying I was in Acceleration to foreclose. This has been a two year battle with Chase. I wish I had the money for a Lawyer what a case I have. Two stacks of paper work I have files with OCC and the BBB. I just went through the three month trail with Chase Home Finance. I have signed document that said I would get my modification if I made all the payments on time. The day after I made the last payment, I was sent 4 certified letters from Chase saying I was in Acceleration to foreclose. This has been a two year battle with Chase. I wish I had the money for a Lawyer what a case I have. Two stacks of paper work I have files with OCC and the BBB.

]]> By: Mortgage Modification http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-13758 Mortgage Modification Tue, 07 Apr 2009 15:39:10 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-13758 It looks like Chase needs to do an audit of their customer service staff. Don't give up on a mortgage modification if your lender is not making the process as easy as you hoped. Keep calling and asking. You can also hired a mortgage modification specialist to help you make the contact and do the negotiating. It looks like Chase needs to do an audit of their customer service staff. Don’t give up on a mortgage modification if your lender is not making the process as easy as you hoped. Keep calling and asking. You can also hired a mortgage modification specialist to help you make the contact and do the negotiating.

]]> By: NYLady http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-11736 NYLady Thu, 24 Jul 2008 16:20:17 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-11736 Hey Arthur! Congrats on the success story and for eventually being able to keep your home. I'm in the middle of a loan mod with Chase as well. Did you resume payments with the new loan + pay the outstanding amounts? Or did you simply resume payments based on the new rate once approved? Your help is appreciated. Hey Arthur! Congrats on the success story and for eventually being able to keep your home. I’m in the middle of a loan mod with Chase as well. Did you resume payments with the new loan + pay the outstanding amounts? Or did you simply resume payments based on the new rate once approved? Your help is appreciated.

]]> By: Arthur http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-5848 Arthur Sun, 15 Jun 2008 22:57:42 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-5848 Here is my SUCCESS story with Chase. I applied for a mod in December ‘07 and they lost my file. I had to do it again in January. Then, after two months and calling weekly it was “at the underwriters.” After two more months and weekly calling I was being put on a priority list because so much time went by. Finally, a week ago I was successful. I heard I had been approved and the people on the phone really couldn’t tell me what the terms were. Today I got a simple letter: Your old rate of 8.69% (this was the arm it really started at 6.7% for 2 years) has been modified at the fixed rate of 5.375% for the balance of the loan. HOLY CRAP!!! I can keep my house and actually got a GREAT rate to boot! I hope everyone stays with it and can keep their homes. FYI I was falling behind in my payments more and more over the course of this process. I never got 30 days behind, but I was close. Thank you CHASE!! Here is my SUCCESS story with Chase. I applied for a mod in December ‘07 and they lost my file. I had to do it again in January. Then, after two months and calling weekly it was “at the underwriters.” After two more months and weekly calling I was being put on a priority list because so much time went by. Finally, a week ago I was successful. I heard I had been approved and the people on the phone really couldn’t tell me what the terms were. Today I got a simple letter:

Your old rate of 8.69% (this was the arm it really started at 6.7% for 2 years) has been modified at the fixed rate of 5.375% for the balance of the loan.

HOLY CRAP!!! I can keep my house and actually got a GREAT rate to boot!

I hope everyone stays with it and can keep their homes.

FYI I was falling behind in my payments more and more over the course of this process. I never got 30 days behind, but I was close.

Thank you CHASE!!

]]> By: Theresa http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-5849 Theresa Mon, 09 Jun 2008 13:40:27 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-5849 I have been going through "loan modification" since 11/07. Guess what? Still nothing. Somewhere they had are bring home pay at S4900 a month. I have no idea whose income they were looking at, but it wasn't ours. They finally sent a package and it was the exact same thing we were fighting. Since it had to go back to loan modification, they just keeping tacking on charges which I feel we should not be responsible for since we never reported that income. Joseph must be a busy man. He seems to contact everyone. I filed with the Attorney General's Office of my state which was a waste. They in turn, turned it over to the OCC. So far, nothing. By the time they get finished tacking on their fews and back payments, the house will have a loan of 3 times the value it is worth. I'm sure I will get a call or letter asking for more info. It's just to stall. I don't understand how some people get those taken care of in no time. It has been 8 months for us. Why? Don't say call - I just get shoved from one person another and no one knows anything!!!! I have been going through “loan modification” since 11/07. Guess what? Still nothing. Somewhere they had are bring home pay at S4900 a month. I have no idea whose income they were looking at, but it wasn’t ours. They finally sent a package and it was the exact same thing we were fighting. Since it had to go back to loan modification, they just keeping tacking on charges which I feel we should not be responsible for since we never reported that income. Joseph must be a busy man. He seems to contact everyone. I filed with the Attorney General’s Office of my state which was a waste. They in turn, turned it over to the OCC. So far, nothing. By the time they get finished tacking on their fews and back payments, the house will have a loan of 3 times the value it is worth. I’m sure I will get a call or letter asking for more info. It’s just to stall. I don’t understand how some people get those taken care of in no time. It has been 8 months for us. Why? Don’t say call – I just get shoved from one person another and no one knows anything!!!!

]]> By: JudyJ http://loanworkout.org/2007/07/stop-foreclosure-with-chase/#comment-5850 JudyJ Tue, 08 Apr 2008 23:06:43 +0000 http://loanworkout.org/2007/07/12/stop-foreclosure-with-chase/#comment-5850 I too have sent in Modification paperwork to Chase back in Dec 07, only to get the run-around from that point forward and a different answer each time I call (which is on the magnitude of twice a week), so here I set in April, 5 monhts gone by, while they collect interest on the holding account all my payments go into and charge me late fees at the same time while I wonder when, no longer is it an 'if' but when the sherrif is going to come to serve notice even though I've expressed this fear to Chase and been told I don't have to worry since it's marked an 04 whatever. Is there any rumblings of a class action lawsuit yet?? Perhaps there should be............this can't be legal and it's certainly not what I would condider ethical business practices. I too have sent in Modification paperwork to Chase back in Dec 07, only to get the run-around from that point forward and a different answer each time I call (which is on the magnitude of twice a week), so here I set in April, 5 monhts gone by, while they collect interest on the holding account all my payments go into and charge me late fees at the same time while I wonder when, no longer is it an ‘if’ but when the sherrif is going to come to serve notice even though I’ve expressed this fear to Chase and been told I don’t have to worry since it’s marked an 04 whatever. Is there any rumblings of a class action lawsuit yet?? Perhaps there should be…………this can’t be legal and it’s certainly not what I would condider ethical business practices.

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