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To: bolobaby
Truth is, the vast majority of these foreclosures ARE for deadbeat borrowers.

Chase Mortgage started foreclosure proceedings against us and that is not the case with me.

We have NEVER missed a payment to Chase Mortgage.... in over eight years. Never one payment!

We applied for loan modification last December. The process was supposed to take 90 days. Our payments were dropped during the trial period and we made every payment. Nine months later Chase was still telling us to "be patient" because of their backlog.

Last week we get certified letters that Chase is foreclosing on our house for non-payment. Chase is now claiming that loan modification payments do not count towards being a "current payment." And since we are "nine months behind" they are foreclosing.

Now they will not accept any payment from us because of the foreclosure proceeding.

They just want our house.

41 posted on 10/11/2010 9:43:55 AM PDT by earlJam
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To: earlJam

Take it to a lawyer

Take it to the press

Take it to the networks.

You have a story to tell.


46 posted on 10/11/2010 9:46:11 AM PDT by stephenjohnbanker
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To: earlJam

...and you didn’t get anything in writing from Chase that said you didn’t need to make a payment during those nine months?


56 posted on 10/11/2010 9:52:44 AM PDT by bolobaby
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To: earlJam

(Oh and, while it may not be the case with you, I don’t see how your anecdotal evidence would necessarily contradict the fact that the vast majority of foreclosures are for, you know, *actual people who don’t pay*.)


60 posted on 10/11/2010 9:54:16 AM PDT by bolobaby
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To: earlJam
They just want our house.

That's because if this guy is right they are going to make a profit by flipping your house, so they really want to foreclose not come to some agreement with you.

different-direction-foreclosure-mess

64 posted on 10/11/2010 9:57:47 AM PDT by Joe Miner
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To: earlJam

My God.

Scream bloody murder. Shame on you, JP Morgan Chase, Dimon and you Board Members.


“Chase Mortgage started foreclosure proceedings against us and that is not the case with me.

We have NEVER missed a payment to Chase Mortgage.... in over eight years. Never one payment!

We applied for loan modification last December. The process was supposed to take 90 days. Our payments were dropped during the trial period and we made every payment. Nine months later Chase was still telling us to “be patient” because of their backlog.

Last week we get certified letters that Chase is foreclosing on our house for non-payment. Chase is now claiming that loan modification payments do not count towards being a “current payment.” And since we are “nine months behind” they are foreclosing.

Now they will not accept any payment from us because of the foreclosure proceeding.

They just want our house.”

Director Board Committees
Crandall C. Bowles
Chairman
Springs Industries, Inc. (Director since 2006, JPMorgan Chase)

Stephen B. Burke
President
Comcast Cable Communications, Inc.
(Director since 2003, JPMorgan Chase or predecessor institution)

David M. Cote
Chairman and CEO Honeywell International, Inc.
(Director since 2007, JPMorgan Chase)

James S. Crown
President
Henry Crown and Company
(Director since 1991, JPMorgan Chase or predecessor institution)

James Dimon
Chairman of the Board and CEO (Director since 2000, JPMorgan Chase or predecessor institution)

Ellen V. Futter
President and Trustee American Museum of Natural History
(Director since 1997, JPMorgan Chase
or predecessor institution)

William H. Gray, III
Co-Chairman GrayLoeffler, LLC
(Director since 1992, JPMorgan Chase or predecessor institution)

Laban P. Jackson, Jr.
Chairman and CEO Clear Creek Properties, Inc.
(Director since 1993, JPMorgan Chase or predecessor institution)

David C. Novak
Chairman and CEO Yum! Brands, Inc.
(Director since 2001, JPMorgan Chase or predecessor institution)

Lee R. Raymond
Retired Chairman and CEO Exxon Mobil Corporation
(Director since 1987, JPMorgan Chase or predecessor institution)

William C. Weldon
Chairman and CEO Johnson & Johnson (Director since 2005, JPMorgan Chase)

Other Board Committees
In addition to the committees mentioned above, the Board has one Stock Committee and a Board-level Executive Committee.

The Stock Committee, which acted two times in 2007, consists of James Dimon. Its authority includes the declaration of dividends, authorization of the issuance of stock within Board-approved limitations, administration of the dividend reinvestment plan and implementation of share repurchase plans in accordance with Board-approved capital plans.

The Board-level Executive Committee consists of James S. Crown, James Dimon, William H. Gray, III, Laban P. Jackson, Jr., David C. Novak and Lee R. Raymond. It may exercise all the powers of the Board that lawfully may be delegated. The Board-level Executive Committee was established with the expectation that it would not take material actions absent special circumstances. There were no meetings of the Board-level Executive Committee in 2006 or 2007.

Contacting Board Members
To contact any Board member or committee chair, please mail your correspondence to: JPMorgan Chase & Co.
Attention (Board member)
Office of the Secretary
270 Park Avenue, 38th Floor
NY, NY 10017

Biographies

Crandall C. Bowles

Stephen B. Burke

David M. Cote

James S. Crown

James Dimon

Ellen V. Futter

William H. Gray, III

Laban P. Jackson, Jr.

David C. Novak

Lee R. Raymond

William C. Weldon

Repeat: To contact any Board member or committee chair, please mail your correspondence to: JPMorgan Chase & Co.
Attention (Board member)
Office of the Secretary
270 Park Avenue, 38th Floor
NY, NY 10017


65 posted on 10/11/2010 9:58:41 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: earlJam
My prayers are with you. People think that if this is happening then you are at fault. In this case, you have no fault but you are dealing with a bank where the left hand does not know what the right hand is doing.

Have you hired a lawyer? I would look into it. When Joe Homeowner tries to call and get help it is treated differently than when a lawyer calls. A lawyer may be able to file some sort of injunction until it can get sorted out.

83 posted on 10/11/2010 10:10:27 AM PDT by Tennessean4Bush (An optimist believes we live in the best of all possible worlds. A pessimist fears this is true.)
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To: earlJam

I just saw your post, and I have no idea if anyone has posted this to you:

http://www.zerohedge.com/article/gonzalo-lira-coming-middle-class-anarchy

It about a couple who tried to have their loan modified, then when the didn’t “qualify” were charged late fees!!!

This is a scam. I wish I knew what to tell you what to do.

We got a letter telling us Fannie owns our mortgage from a bank that never had our mortgage!!!! In our state this has to be done with “assignments”. Well, the county recorder has NO assignments, ever!!!

Things are screwed up, and it is NOT “just the deadbeats.”


215 posted on 10/11/2010 1:10:37 PM PDT by TruthConquers (Delendae sunt publicae scholae)
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