| Re: Modification Nightmare
Hi River22,
Sorry to hear your story it sounds a lot like mine. I to was going through Chase since April this year was approved and sent the same deal, very upsetting. I wouldn't accept those same terms so Chase cancelled the modification. I then went through a whole process where they told me to resubmit my paperwork for a re-work after about 6 weeks I find out Chase doesn't do reworks to my surprise? My last ditch effort was to send a letter to the CEO of Chase which *** posted on the website. This week we received a call in response to our letter asking that we fax all our paperwork to the executive resolution team and they will send paperwork the office that handles the account. I told them I was only looking for something that was fair and that 8.45% to me wasn't. I even said the going rate at the time was 6% and they were keeping me at 8.45%? I would love to have a really low rate, but I've told them all I'm asking for is something fair and if it means reducing the loan to what they think is fair I will accept the terms within reason anything above 8% just isn't a good deal when they make thousands off this loans anyways. I wish you the best of luck, please keep us posted. Zoey |