Memo to self…don’t tell Chase about plan to fly plane into the building

Ok, Ok, I know this is serious stuff but it just goes to show how frustrating it can be to deal with folks at JP Morgan Chase.
- The Bank Slayer
Paul Egan / The Detroit News – Man Threatens to Fly Plane into Chase building
Utica — A Monday detention hearing is set for a Utica man arrested Friday [...]

Why you keep ‘Chase’-ing your loan mod

This reporter does a good job at noting some of the more frustrating problems with securing a loan modification with JP Morgan Chase.    These kind of ambiguous and weak answers are a regular part of almost every client stpry who that walks through our doors.

Home owners are so exasperated by the entire process that many [...]

Modification is Not for Every Borrower according to a Treasury Adviser

Two questions borrowers frequently ask us,

“How did my neighbor get into HAMP (and/or get a loan modification) but I can’t?
“Do I have to be delinquent to get a workout plan?”

The best answers typically are:

The secret Black Box recipe may not mix well with your situation (read more here on this) because your loan may be [...]

JPMorgan Chase really, really wants to help borrowers…NOT!

JP Morgan Chase wants to help its Home Equity Line of Credit (HELOC) borrowers who are facing difficulty so much they have just expanded their HELOC negotiator home retention department hours….drum roll please….
NEW HOURS  - Monday – Thursday – 8:00 – 2:00pm.
Wow!!!  How generous!!!  Helping homeowners during the time period they should be at [...]

Holiday foreclosure moratorium is a worthless!

While Bank of America, JPMorgan Chase & Citi are suspending foreclosures for the holidays, just like Fannie Mae and Freddie Mac, this is a nothing more than a sick joke on those in Texas.
Why? Quite simply it doesn’t help you one bit.
I will make a fearless promise…ready…no one in the State of Texas will be foreclosed upon from [...]

Toxic Titles: Part Two – “Don’t mind me if I put an extra lien on your home”, says bank.

Continuing the “Toxic Title” issue
The second nasty title cloud appears when homeowners have modified their loan or taken the dreaded “HomeSaver Advance” which was rampant the last few years.
Let’s examine the result of a typical HomeSaver Advanced deal.  Imagine falling several payments behind and now you owe the bank $8,000 in past due payments.  We [...]

Evidence. Where’s the proof!!!

The biggest mistake most people make is not knowing basic rules of evidence.

Testimony from a “copy” is inadmissible. Testimony is inadmissible unless it comes from a witness accepted by the court — not some lawyer lathering up his mouth and using finesse to escape the rules of evidence.   Every witness must be sworn, must [...]

Chase wants to help? Yeh, right!

Hi, my name is J.P. Morgan Chase and we’re your mortgage company and we’re here to help.
Chase called one of our clients and tried to convince her that they didn’t need a third party negotiator and they sure didn’t need to an attorney to assist them in working out a deal to save the house [...]