J.P. Morgan Chase along with its attorneys cranked out some bogus docs or so it seems.   These guys will stop at nothing to get their way.  Thanks to 4closurefraud.org for posting this info.

– The Bank Slayer

J.P. Morgan Chase / LPS Produced a Fraudulent Assignment of Mortgage! Memorandum of Law of The United States Trustee in Support of Sanctions Against J.P. Morgan Chase Bank National Association

TO THE HONORABLE ROBERT E. GERBER,
UNITED STATES BANKRUPTCY JUDGE:

Diana G. Adams, the United States Trustee for the Southern District of New York (the “United States Trustee”), respectfully submits this memorandum of law in support of the request of Silvia Nuer (the “Debtor”) for sanctions against J.P. Morgan Chase Bank, National Association (“Chase”) in connection with Chase’s Motion for Relief from Stay (the “Motion For Stay Relief”) as servicer for Deutsche Bank National Trust Company (“Deutsche”), as Trustee for Long Beach Mortgage Trust 2006-2 (“Long Beach Trust”), with respect to a mortgage (the “Mortgage”) as to property located at 1651 Metropolitan Avenue, 7C, Bronx, NY 10462 (the “Property”).

I. SUMMARY OF ARGUMENT

The United States Trustee supports the Debtor’s request for sanctions. Chase has filed documents that appear to be either patently false or misleading in connection with the Motion For Stay Relief. In the Motion For Stay Relief, Chase took the position that it was acting only as the servicer of the Mortgage. Chase at the same time attached documents which supported a different position. Specifically, an assignment showed that Chase held the Mortgage and was assigning that Mortgage to Deutsche. Not only was the assignmentdated post-petition, but it was signed only a few days before Chase filed the Motion For Stay Relief. The assignment was also prepared several yearsafter the last actual assignment of the Mortgage. When afforded opportunities to correct this matter, Chase, through supplemental filings, continued to produce documents that were confusing and contradictory, and presented anaffirmation submitted by a witness who apparently had no direct or personal knowledge of the facts or the chain of ownership of the Mortgage. However, what is clear is that, whether created through inadvertence or a deliberate act, the assignments created by Chase in connection with the Motion For Stay Relief appear to be false or misleading.

This is not the first time that Chase’s conduct with regard to motions for relief from the stay has been questioned in a bankruptcy case. Although Chase has recently taken remedial steps to address concerns expressed by courts in connection with other cases, based on Chase’s past and current conduct, the United States Trustee supports the Debtor’s request for sanctions in order to deter further conduct such as that seen in this case.

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 after he allegedly threatened to fly an airplane into a Chase Bank building in Houston.

“Chase Bank employees were frightened by this threat since several weeks ago, a plane had been flown into an Internal Revenue Service building in Austin, Texas,” FBI Special Agent Juan Herrera said in an affidavit that was attached to documents charging Sean Timothy Donnelly with making an interstate threat.

Donnelly, 40, a real estate appraiser also known as Sean Timothy O’Neill, refused for nearly two hours to come to the front door when federal agents visited his home Friday. He allegedly made the phone threat on Thursday, the affidavit said.  ”After nearly one dozen law enforcement officers, including FBI agents, detectives and officers of the Utica Police Department, were present at the residence, Donnelly exited,” the affidavit said.

Donnelly, who appeared in U.S. District Court in Detroit late Friday and was ordered held for a detention hearing Monday, was reportedly upset about a real estate appraisal Chase Bank had conducted and told the operator at the bank’s Houston call center he was “ready to fly an airplane into your building.”

The 11-minute telephone conversation was recorded, the affidavit said.

Donnelly, a registered sex offender, has an extensive criminal record including two felony arson convictions, officials said. Making an interstate threat is a five-year felony.

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 a job!!    Super effort guys.  Keep it up.

- The Bank Slayer