Comments on: Chase to Offer $1.1 Trillion in Loan Modifications http://loanworkout.org/2009/01/chase-mortgage-loan-modification/ - Free Mortgage, Auto and Student loan Calculators by LoanWorkout.org Tue, 18 Oct 2011 02:57:27 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: michele http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-40523 michele Sat, 30 Jul 2011 16:49:41 +0000 http://loanworkout.org/?p=2125#comment-40523 I am looking for individuals to join me in a potential Class Action lawsuit against Chase Bank for violating my home owner rights and failing to follow Home Affordable Modification Program (HAMP) guidelines. Ifyou were approved for the trial period,live in new york state made all of your scheduled payments on time, andthen you were denied for a modification, please contact me. joejoe1815 @ gmail. com I am looking for individuals to join me in a potential Class Action lawsuit against Chase Bank for violating my home owner rights and failing to follow Home Affordable Modification Program (HAMP) guidelines. Ifyou were approved for the trial period,live in new york state made all of your scheduled payments on time, andthen you were denied for a modification, please contact me.
joejoe1815 @ gmail. com

]]> By: Debra http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-39671 Debra Sun, 24 Jul 2011 08:38:04 +0000 http://loanworkout.org/?p=2125#comment-39671 I was about to have a nervous breakdown trying to get papers together in 3 days for Chase for Mom to do a modification. I felt that PMI was pressuring her and started researching all the fraud Chase is committing. Two years ago, WAMU/Chase shredded a $5k certified funds check and it took 3 months to find out. I went to the closest Chase an hour away when they told me to with the cash to replace the check and they wouldn't take my money!!!!! So I MAILED it to AZ and they did take it.... So much for driving 2 more hours. A year ago, they claimed we were 4 pmts behind when we weren't even one.... MORE of my precious time on the phone to straighten out!!!! They are trying to foreclose and giving me totally different balances, putting late charges and NSF charges that have no reason to be there, etc, etc. I saw hearings today and know what they did to our military. I told them before in a certified letter that I contacted the OCC and lodged a complaint... It worked, so I'm going to do it again. They supposedly bought our mortgages for pennies on the dollar. They aren't getting my house!!!! Contact your attorney general. The one here in TX is doing something about this nightmare!!!! It's comforting to know we can do something if we bombard our reps and we are not alone. It's brought me to a calmer place, so I can stand up to these monsters! Good luck all!! I was about to have a nervous breakdown trying to get papers together in 3 days for Chase for Mom to do a modification. I felt that PMI was pressuring her and started researching all the fraud Chase is committing. Two years ago, WAMU/Chase shredded a $5k certified funds check and it took 3 months to find out. I went to the closest Chase an hour away when they told me to with the cash to replace the check and they wouldn’t take my money!!!!! So I MAILED it to AZ and they did take it…. So much for driving 2 more hours. A year ago, they claimed we were 4 pmts behind when we weren’t even one…. MORE of my precious time on the phone to straighten out!!!! They are trying to foreclose and giving me totally different balances, putting late charges and NSF charges that have no reason to be there, etc, etc. I saw hearings today and know what they did to our military. I told them before in a certified letter that I contacted the OCC and lodged a complaint… It worked, so I’m going to do it again. They supposedly bought our mortgages for pennies on the dollar. They aren’t getting my house!!!! Contact your attorney general. The one here in TX is doing something about this nightmare!!!! It’s comforting to know we can do something if we bombard our reps and we are not alone. It’s brought me to a calmer place, so I can stand up to these monsters! Good luck all!!

]]> By: Joshua Rascon http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-37874 Joshua Rascon Wed, 13 Jul 2011 22:57:22 +0000 http://loanworkout.org/?p=2125#comment-37874 Just got denied for my home modification today.Thanks chase i will in a short sale or just losing my house. Just got denied for my home modification today.Thanks chase i will in a short sale or just losing my house.

]]> By: RJ http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-30500 RJ Thu, 07 Apr 2011 20:30:53 +0000 http://loanworkout.org/?p=2125#comment-30500 Chase gets to lie to the poor unfortunate people who really need modifications. First they are Customer Service representatives then next week that person is your “Relationship Manager” then that same person becomes your “Relationship Manager in the EXECUTIVE OFFICE” which by the way has the same telelphone number as Customer Service. Please be advised that your Relationship Manager/Customer Service Rep./Homeless Unemployed Schlub Off the Street Day Laborer Reject/ can be changed to another of these illiterateRelationship Manager/Customer Service Rep./Homeless Unemployed Schlub Off the Street Day Laborer Reject every other week whose main and sole purpose for said is BANK to STALL YOU, CONFUSE YOU, KEEP YOUR A** AT BAY AND DRAG THE WHOLE PROCESS OUT GIVING YOU NOTHING, REPEAT NOTHING just to show our Government that the Bank is ‘working with you toward a loan modification’ and to keep the foreclosure attorney the giant Steven J. Baum in the lifestyle he has become so accustomed to thank to the huge amount of foreclosures. Let's not even mention the slug sucking mortgage brokers and real estate agents making millions off of foreclosure and short sales while ya'll suffer and lose the homes you've worked so hard to build and own. Chase gets to lie to the poor unfortunate people who really need modifications. First they are Customer Service representatives then next week that person is your “Relationship Manager” then that same person becomes your “Relationship Manager in the EXECUTIVE OFFICE” which by the way has the same telelphone number as Customer Service. Please be advised that your Relationship Manager/Customer Service Rep./Homeless Unemployed Schlub Off the Street Day Laborer Reject/ can be changed to another of these illiterateRelationship Manager/Customer Service Rep./Homeless Unemployed Schlub Off the Street Day Laborer Reject every other week whose main and sole purpose for said is BANK to STALL YOU, CONFUSE YOU, KEEP YOUR A** AT BAY AND DRAG THE WHOLE PROCESS OUT GIVING YOU NOTHING, REPEAT NOTHING just to show our Government that the Bank is ‘working with you toward a loan modification’ and to keep the foreclosure attorney the giant Steven J. Baum in the lifestyle he has become so accustomed to thank to the huge amount of foreclosures. Let’s not even mention the slug sucking mortgage brokers and real estate agents making millions off of foreclosure and short sales while ya’ll suffer and lose the homes you’ve worked so hard to build and own.

]]> By: RJ http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-30499 RJ Thu, 07 Apr 2011 20:28:09 +0000 http://loanworkout.org/?p=2125#comment-30499 Chase gets to lie to the poor unfortunate people who really need modifications. First they are Customer Service representatives then next week that pers on is your "Relationship Manager" then that same person becomes your "Relationship Manager in the EXECUTIVE OFFICE" which by the way has the same telelphone number as Customer Service. Please be advised that your Relationship Manager/Customer Service Rep./Homeless Unemployed Schlub Off the Street Day Laborer Reject/ can be changed to another of these illiterateRelationship Manager/Customer Service Rep./Homeless Unemployed Schlub Off the Street Day Laborer Reject every other week whose main and sole purpose for said is to STALL YOU, CONFUSE YOU, KEEP YOU A** AT BAY AND DRAG THE WHOLE PROCESS OUT GIVING YOU NOTHING, REPEAT NOTHING just to show our Government that the Bank is 'working with you toward a loan modification'. Chase gets to lie to the poor unfortunate people who really need modifications. First they are Customer Service representatives then next week that pers on is your “Relationship Manager” then that same person becomes your “Relationship Manager in the EXECUTIVE OFFICE” which by the way has the same telelphone number as Customer Service. Please be advised that your Relationship Manager/Customer Service Rep./Homeless Unemployed Schlub Off the Street Day Laborer Reject/ can be changed to another of these illiterateRelationship Manager/Customer Service Rep./Homeless Unemployed Schlub Off the Street Day Laborer Reject every other week whose main and sole purpose for said is to STALL YOU, CONFUSE YOU, KEEP YOU A** AT BAY AND DRAG THE WHOLE PROCESS OUT GIVING YOU NOTHING, REPEAT NOTHING just to show our Government that the Bank is ‘working with you toward a loan modification’.

]]> By: RJ http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-30227 RJ Fri, 18 Mar 2011 16:09:53 +0000 http://loanworkout.org/?p=2125#comment-30227 Well I have finally after almost two years been denied a modification by Chase who says my investor, Freddie Mac, does not give modifictions. WTF???? It took them 2 years to find this out? And I thought Freddie Mac WAS a government mortgage along with Fannie Mae. This does not smell right. I now have an April SALE DATE on my home. Will be fighting this, continually. RJ Well I have finally after almost two years been denied a modification by Chase who says my investor, Freddie Mac, does not give modifictions. WTF???? It took them 2 years to find this out? And I thought Freddie Mac WAS a government mortgage along with Fannie Mae. This does not smell right. I now have an April SALE DATE on my home. Will be fighting this, continually.

RJ

]]> By: Chris L. http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-29625 Chris L. Tue, 22 Feb 2011 21:38:56 +0000 http://loanworkout.org/?p=2125#comment-29625 Well I'm back. After declining the loan mod (cause the terms were more than we can afford) and successful 9+ months short sale in 1/2011. Remind you it all took over 3+ years to end up with Chase collection PRS to come after us for the 2nd loan. Yes, Chase is asking the full amount on the 2nd. Let me give you some background. At the time of the approval letter of the short sale, before signing, we asked what the terms will be on the 2nd loan? Chase said they will contact us after the short sale. So we were left with either signing the approval with the condition they will contact us on the 2nd or lose the short sale and the buyer will run once again. So, we signed the letter hoping that when they do call us that it will within reason to what we have to pay. After 4 weeks from the close of escrow short sale, we get a call from PRS collection. Indicating we have to pay the full amount. I said that I need to seek legal advice. We don't have money for legal advice and we don't have any assets since we don't have a home anymore and all our reserves has been exhausted. We still have other credit card debt to pay. I don't want to file for bankruptcy. If I knew this was going to happen, I should have just filed for bankruptcy since I will still have the home (I think). We can NOT go through this again with CHASE. Enough is Enough. Will there be any help for us and for others in the same boat. The government is helping the banks. Who is help us? God help us! Well I’m back. After declining the loan mod (cause the terms were more than we can afford) and successful 9+ months short sale in 1/2011. Remind you it all took over 3+ years to end up with Chase collection PRS to come after us for the 2nd loan.

Yes, Chase is asking the full amount on the 2nd.

Let me give you some background. At the time of the approval letter of the short sale, before signing, we asked what the terms will be on the 2nd loan? Chase said they will contact us after the short sale. So we were left with either signing the approval with the condition they will contact us on the 2nd or lose the short sale and the buyer will run once again. So, we signed the letter hoping that when they do call us that it will within reason to what we have to pay.

After 4 weeks from the close of escrow short sale, we get a call from PRS collection. Indicating we have to pay the full amount. I said that I need to seek legal advice.

We don’t have money for legal advice and we don’t have any assets since we don’t have a home anymore and all our reserves has been exhausted. We still have other credit card debt to pay. I don’t want to file for bankruptcy. If I knew this was going to happen, I should have just filed for bankruptcy since I will still have the home (I think).

We can NOT go through this again with CHASE. Enough is Enough.

Will there be any help for us and for others in the same boat. The government is helping the banks. Who is help us?

God help us!

]]> By: chet http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-29497 chet Thu, 17 Feb 2011 19:34:59 +0000 http://loanworkout.org/?p=2125#comment-29497 hello , call your local bank and ask them to help you , they can get you into contact with someone higher up, until you get someone to help you , be nice on the phone and do it everyday until you get help , write down ehat time day , you know the deal , just be nice , open a file , the main thing to remember try to stay calm and work with your bank, ask who can help u, stay on top of this , don't give up, someone in the bank will try to help u. hello , call your local bank and ask them to help you , they can get you into contact with someone higher up, until you get someone to help you , be nice on the phone and do it everyday until you get help , write down ehat time day , you know the deal , just be nice , open a file , the main thing to remember try to stay calm and work with your bank, ask who can help u, stay on top of this , don’t give up, someone in the bank will try to help u.

]]> By: Roland O. http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-29343 Roland O. Thu, 10 Feb 2011 17:12:23 +0000 http://loanworkout.org/?p=2125#comment-29343 Just got a divorce on jan3 and I would like to keep my house for my kids through a loan mod since now I only have half my pay. I've read all these posts and I'm afraid to start anything with Chase. I've tried refinancing with Chase with the same results as all of you. Just got a divorce on jan3 and I would like to keep my house for my kids through a loan mod since now I only have half my pay. I’ve read all these posts and I’m afraid to start anything with Chase. I’ve tried refinancing with Chase with the same results as all of you.

]]> By: RJ http://loanworkout.org/2009/01/chase-mortgage-loan-modification/#comment-29342 RJ Thu, 10 Feb 2011 17:07:12 +0000 http://loanworkout.org/?p=2125#comment-29342 Hi all, Well, as I've said, I handle loan modifications for a living and speak to many banks on many files for clients and I can unequivocably agree with Lewonce K that CHASE and BANK OF AMERICA are the MOST DIFFICULT, UNREASONABLE banks to deal with and it appears that both these institutions do not want to give ANY modifications to their borrowers. They invent new procedures, rules, etc. and just plain out and out stall the process. Then complain about how overworked they are AND let's not even get into the amount of errors commiteed on behalf of their representatives who work there; half of them sound illiterate and I have no idea how they got jobs at these institutions. Still waiting on a modification applied for almost 2 years ago; got a sale date on my house for April. This is not a complicated case and I have provided all information in a timely fashion to Chase and keep in constant contact with them every two weeks. Why is this taking so long? Can you people spell S-T-A-L-L? I'm wondering though why are the banks stalling so long, what;'s gonna happenin the future that THEY know about and we, the poor consumers, don't. Hmmmm. Hi all,

Well, as I’ve said, I handle loan modifications for a living and speak to many banks on many files for clients and I can unequivocably agree with Lewonce K that CHASE and BANK OF AMERICA are the MOST DIFFICULT, UNREASONABLE banks to deal with and it appears that both these institutions do not want to give ANY modifications to their borrowers. They invent new procedures, rules, etc. and just plain out and out stall the process. Then complain about how overworked they are AND let’s not even get into the amount of errors commiteed on behalf of their representatives who work there; half of them sound illiterate and I have no idea how they got jobs at these institutions. Still waiting on a modification applied for almost 2 years ago; got a sale date on my house for April. This is not a complicated case and I have provided all information in a timely fashion to Chase and keep in constant contact with them every two weeks. Why is this taking so long? Can you people spell S-T-A-L-L? I’m wondering though why are the banks stalling so long, what;’s gonna happenin the future that THEY know about and we, the poor consumers, don’t. Hmmmm.

]]>