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CHASE BANK - MODIFY FAIRLY OR FACE $100,000,000 LAWSUIT FOR FRAUD
The Foreclosure Hamlet ^ | July 25, 2011 | Capt. Jack

Posted on 07/25/2011 5:44:56 PM PDT by Chunga85

DO NOT CIRCUMVENT OUR OFFICE - ALL CORRESPONDENCE REGARDING THIS MORTGAGE SHOULD BE DIRECTED TO US.

Dear Chase,

We have sent HUNDREDS of pages of documentation to you since November 2010.

The borrower came to us because they did the same and were ignored. We are going to try one more time to obtain a modification for our clients before we turn to the court system for relief.

Your company has run rough-shot over our state's title statutes, and violated them as if they did not exist [and not only with regard to this particular property]. Unless you offer our clients an acceptable loan modification with a principal write-down to a new balance of $100,000,000.00 within 45 days, our intent is to amend our existing complaint to include acting in bad faith and outright fraud. The way you have treated our clients is disgusting and you should be held accountable.

(Excerpt) Read more at foreclosurehamlet.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: chasebank; foreclosurefraud; payuporgetout
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To get the attention of your company, Mr. Dimon, and the entire country, our intent is to seek punitive damages in the amount $100,000,000.00 (One Hundred Million Dollars)
1 posted on 07/25/2011 5:45:00 PM PDT by Chunga85
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To: Lurker; FromLori; azhenfud; Wolfie; UCFRoadWarrior; servantoftheservant; Kartographer; ...
$100,000,000.00 ping.

//><\\

2 posted on 07/25/2011 5:47:27 PM PDT by Chunga85 ("Foreclosure Fraud", TARP, "Fight Club Lawyer", Bailout)
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To: Chunga85

Notice lawyer’s Babcock letterhead... A Christian Lawyer

yah right


3 posted on 07/25/2011 5:50:53 PM PDT by Java4Jay
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To: Chunga85

Roughshod, not rough-shot.


4 posted on 07/25/2011 5:52:07 PM PDT by ViLaLuz (2 Chronicles 7:14)
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To: Java4Jay

Lawyers cannot be Christians?


5 posted on 07/25/2011 5:55:43 PM PDT by Raycpa
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To: Chunga85

Chase has done the same to me.


6 posted on 07/25/2011 5:55:48 PM PDT by null and void (Day 915. When your only tools are a Hammer & Sickle, everything looks like a Capitalist...)
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To: Raycpa

” Lawyers cannot be Christians?”

Mine is, and also the chairman of the church at Pepperdine University. He does all the legal free of charge. However, most lawyers bite ;-)


7 posted on 07/25/2011 6:00:17 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: stephenjohnbanker
"Mine is, and also the chairman of the church at Pepperdine University. He does all the legal free of charge. However, most lawyers bite ;-)"

It would not come as a surprise if the extent of his ability to think critically goes beyond [R] and [D]...

8 posted on 07/25/2011 6:05:31 PM PDT by Chunga85 ("Foreclosure Fraud", TARP, "Fight Club Lawyer", Bailout)
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To: Chunga85

Strange. I am in the process of having my mortgage modified right now by Chase. Everything has gone smoothly. In fact, the wife and I didn’t qualify (too responsible with our money in the past) but something recently changed in the law and Chase called _me_ to tell me about it.


9 posted on 07/25/2011 6:09:15 PM PDT by MatD
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To: MatD

Do you suppose it’s out of the goodness of their heart or are they trying to “correct” any “flaws” that may exist?


10 posted on 07/25/2011 6:13:48 PM PDT by Chunga85 ("Foreclosure Fraud", TARP, "Fight Club Lawyer", Bailout)
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To: MatD

Please let us know if they actually succeed in doing it this time.


11 posted on 07/25/2011 6:15:29 PM PDT by null and void (Day 915. When your only tools are a Hammer & Sickle, everything looks like a Capitalist...)
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To: Raycpa

Lawyers cannot be Christians?

The jury is still out on that one.

Everyone else: I say that in jest - spare me the jihad.


12 posted on 07/25/2011 6:31:38 PM PDT by RobertClark (On a long enough timeline the survival rate for everyone drops to zero.)
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To: Chunga85

Why the principal write down? Was there provable fraud and collusion between appraiser and lender?


13 posted on 07/25/2011 6:55:26 PM PDT by Roccus (Obama & Holder LLP, Procurers of fine arms to the most discerning drug lords (202) 456-1414)
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To: Roccus
Why the principal write down? Was there provable fraud and collusion between appraiser and lender?

I'm not privy to the details of the issues at bar in this case but this particular attorney has a habit of holding his own quite well with the TBTF crowd and their parlor tricks.

He seems eager to argue this before a judge if he must.

14 posted on 07/25/2011 7:05:59 PM PDT by Chunga85 ("Foreclosure Fraud", TARP, "Fight Club Lawyer", Bailout)
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To: Roccus

“Was there provable fraud and collusion between appraiser and lender?”

I think so, considering the lender tells the appraiser the finance price. A real appraisal is done without knowledge of the amount being paid for the property.


15 posted on 07/25/2011 7:06:41 PM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: Chunga85

Lawyers ALWAYS threaten. We’ll wait and see what happens in the next 45(!?) days. Still, I’d be interested in why the write-down.


16 posted on 07/25/2011 7:10:04 PM PDT by Roccus (Obama & Holder LLP, Procurers of fine arms to the most discerning drug lords (202) 456-1414)
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To: CodeToad

My knowledge of this case is limited to this article. Even tracing back through Capt. Jack’s Blog yields no indication of such fraud or collusion. If you know more about this, do tell.....or please post a link.


17 posted on 07/25/2011 7:16:29 PM PDT by Roccus (Obama & Holder LLP, Procurers of fine arms to the most discerning drug lords (202) 456-1414)
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To: Roccus

You mean you have never had an appraisal and have known that the appriaser knew the amount being asked for the property? Are you really that naive or just looking to BS people?


18 posted on 07/25/2011 7:20:38 PM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: Chunga85

Does Chase have the right to modified? Can Chase show the existing note and its attached paperwork? Was this mortgage sold to a wall street in a ‘pool’?


19 posted on 07/25/2011 7:23:20 PM PDT by Razzz42
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To: CodeToad

Only bought one house in my life, nine years ago. I paid cash and DID NOT NEED OR WANT an appraiser.
I was seeking more information on THIS case. You posted as if you KNEW more, but I see now that it is more about your assumptions.

Your snide comments were uncalled for.


20 posted on 07/25/2011 7:26:25 PM PDT by Roccus (Obama & Holder LLP, Procurers of fine arms to the most discerning drug lords (202) 456-1414)
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