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Chase Hamp Mortgagefraud

I hope you have seen the recent CNN exposure of JP Morgan Chases theft of military service men’s mortgage payments and fraudulent foreclosures. For years Chase has been over-charging on military mortgages, ignoring veterans complaints, harassing for payment and threatening foreclosure. JP Morgan chase is also guilty of fraud in applying the MHAP guidelines which has resulted in an over charge in my HAMP modification, and no doubt, also affects hundreds if not thousands of seniors. Their ongoing fraudulent application of the MHAP guidelines results in cheating those on social security and pension income and is a violation of truth-in-lending laws as well as blatant age discrimination. I have the documentation to support my allegations.
I need legal help in fixing yet another injustice perpetrated by Chase. Home Finance.

Sincerely,

Robert B. Hall
453 Dover Dr. S.
Englewood Fl 34223
[protected] ( [protected]@verizon.net)

Responses

  • Co
    Corliss B Apr 13, 2013

    I am experiencing the same issues it seems EVERYONE who has ever gone through the bank to apply for HAMP is, which is lost paperwork, did not check a box, need more info, you don't qualify but won't say why, blah blah blah. They have over $100k of my money at an outrageous interest rate, so I guess they just don't care. Oh the icing on the cake? After telling me I do not qualify, still sent me paperwork for the modification. What are people supposed to do? Where is there any help?

    0 Votes
  • Ke
    kenneth l. bradley Jun 08, 2012
    This comment was posted by
    a verified customer
    Verified customer

    i am being threatened with foreclosure from chase bank

    1 Votes
  • Ke
    kenneth l. bradley Jun 08, 2012
    This comment was posted by
    a verified customer
    Verified customer

    i am being threatened with foreclosure from chase--i have been trying to get the hamp program for about a year and a half..chase always needs one more document, or i forgot to check a certain box so i need to fill out another six page app.--sound familiar to anyone--any suggestions from anyone please---chase is not an honest [email protected]

    0 Votes
  • Pa
    paco202 Aug 04, 2011

    we've been in mod program for 18 months (18 trial payments) and still no dice. We're not asking for reduction in principle or reduction in interest, which is fixed at 6.25%. We are underwater and our credit is shot, by Chase who has been reporting us as delinquent the whole time. Go figure.

    1 Votes
  • Yo
    Youdontsay Feb 25, 2011

    not just military that chase rip's off self employed small bus. people get charged the highest interest rate's of all
    I HATE THIS BANK when you call customer service no one speaks english if you ask for a office in the USA that cant connect you !
    They do everything they can to have the worst customer service possible All these great speeches the president make not one bank is stepping up to help consumers
    We simply ask for our interest rate to be lowered no money out they flat refused if the president really want to help boost economy he would simply force the banks to lower interest on all mortgages over 10 years these banks have already in most cases made more than double the money back already

    1 Votes
  • Rb
    R. Barry Hall Feb 25, 2011

    There is an old adage “Liars figure but figures don’t lie”

    JP Morgan Chase, a case study in Liars that figure.

    This is a story that rivals the criminal activities of Enron’s Executives (“the smartest men in the room”) with one major difference, Enron’s victims were primarily investors, whereas Chases victims are vulnerable and financially distressed Chase customers. This includes US servicemen and their families and thousands of others facing foreclosure, with chase “gaming” the Obama MHAP program to steal from, and foreclose on, seniors seeking help from the federal program designed to provide financial relief.

    Chase says it will pay more than $2 million to about 4, 000 service member mortgage holders that were overcharged in interest while they were on active duty. The bank's decision is linked to a five-year legal battle with Marine Capt. Jonathan Rowles, an F/A-18D weapons system officer who sued after the institution continued to charge him 9 or 10 percent interest on his mortgage -- a violation of the Service members Civil Relief Act -- and threatened to take his home. .

    This is just the tip of the iceberg.

    This is a story that will not be welcome or embraced by politicians influenced (if not corrupted) by big banking lobbyists.

    This is a story that can change the way elected officials will level the playing field for the most vulnerable of our citizens victimized by the US banking system.

    This is a story that needs to be pursued by the institutions that are chartered to challenge the criminal activities aimed at our most vulnerable and least protected citizens.

    This is a story that should culminate in the prosecution of responsible Chase management under the “RICO Act’.

    The Racketeer Influenced and Corrupt Organizations Act (commonly referred to as RICO Act or RICO) is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. RICO was enacted by section 901(a) of the Organized Crime Control Act of 1970 (Pub.L. 91-452, 84 Stat. 922, enacted October 15, 1970). RICO is codified as Chapter 96 of Title 18 of the United States Code, 18 U.S.C. § 1961–1968. While its intended use was to prosecute the Mafia as well as others who were actively engaged in organized crime, its application has been more widespread.
    Under RICO, a person who is a member of an enterprise that has committed any two of 35 crimes—27 federal crimes and 8 state crimes—within a 10-year period can be charged with racketeering. Those found guilty of racketeering can be fined up to $25, 000 and sentenced to 20 years in prison per racketeering count. In addition, the racketeer must forfeit all ill-gotten gains and interest in any business gained through a pattern of "racketeering activity." RICO also permits a private individual harmed by the actions of such an enterprise to file a civil suit; if successful, the individual can collect treble damages.
    In many cases, the threat of a RICO indictment can force defendants to plead guilty to lesser charges, in part because the seizure of assets would make it difficult to pay a defense attorney. Despite its harsh provisions, a RICO-related charge is considered easy to prove in court, as it focuses on patterns of behavior as opposed to criminal acts.
    There is also a provision for private parties to sue. A "person damaged in his business or property" can sue one or more "racketeers." The plaintiff must prove the existence of a "criminal enterprise." The defendant(s) are not the enterprise; in other words, the defendant(s) and the enterprise are not one and the same. There must be one of four specified relationships between the defendant(s) and the enterprise. A civil RICO action, like many lawsuits based on federal law, can be filed in state or federal court. Both the federal and civil components allow for the recovery of treble damages (damages in triple the amount of actual/compensatory damages).
    Although its primary intent was to deal with organized crime, Blakey said that Congress never intended it to merely apply to the Mob. He once told Time, "We don't want one set of rules for people whose collars are blue or whose names end in vowels, and another set for those whose collars are white and have Ivy League diplomas."

    0 Votes
  • Rb
    R. Barry Hall Feb 25, 2011

    I hope you have seen the recent CNN exposure of JP Morgan Chases theft of military service men’s mortgage payments and fraudulent foreclosures. For years Chase has been over-charging on military mortgages, ignoring veterans complaints, harassing for payment and threatening foreclosure. JP Morgan chase is also guilty of fraud in applying the MHAP guidelines which has resulted in an over charge in my HAMP modification, and no doubt, also affects hundreds if not thousands of seniors. Their ongoing fraudulent application of the MHAP guidelines results in cheating those on social security and pension income and is a violation of truth-in-lending laws as well as blatant age discrimination. I have the documentation to support my allegations.
    I need legal help in fixing yet another injustice perpetrated by Chase. Home Finance.

    Sincerely,

    Robert B. Hall
    453 Dover Dr. S.
    Englewood Fl 34223
    [protected] ( [email protected])

    0 Votes

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