Letter from Chase Home Finance LLC-HELOC

[determined1]

Hey guys,

Has anyone received a letter like this by UPS from Chase? Is this a legit dept of Chase? I whited out my info and the reps info, but I spoke to him and apparently Chase has these field reps now to help get HELOCs modified. He asked me for a package of items (same items you'd send for a mod)...I just don't know they're so sneaky.

Chase Home Finance LLC~.PDF - File Shared from Box.net - Free Online File Storage

[snapple candy]

I received a fed ex yesterday that was similiar from Skank of America for my cc account that is delinquent. They keep trying to get my personal info such as employer and I wont give it to them.
I suppose for a 2nd I might provide them the info. Chase has my 2nd and they have been actually pretty good in fact the closer called me today to ask what is status of my HAMP 1st also held my Chase. I had already sent in the same documents as I did with the first also held my Chase. He was able to pull up the info on the 1st and emailing to find out more for me on perm mod. The HELOC people seem to be much more responsive than the dept. handling the 1st.
I dont think it can hurt to send in the info.

[SwillerAlesbane]

HELOC people know they ain't getting a red cent. They are nice because there is nothing to gain by being an a-hole.

I'm defaulting on my 2nd starting this month. I kept it current just in case I actually got a loan mod...HA HA HA.. how funny...a completed loan mod.

So, let's add up the collateral damage from my lender not wanting to do a loan mod....

$342,000 1st
$39,000 2nd
$18,000 CC debt

Not a one will get paid anything if I don't get a loan mod. If they would have worked with me, all three would be getting current payments.

I *could* continue to pay everything and go bankrupt, but I'm not that foolish and I will not touch my retirement under any circumstances.

Non-recourse states own. Here's a one finger salute to CHASE.

[snapple candy]

Swiller,
I like your humor. You raise a good point.

[determined1]

Well, I provided everything except for my personal financial stuff (bank statements, paystubs, 4506T, tax returns). I gave him my contact in exec resolution and told him to call her to obtain and CCd her on the email. I figure if he goes the extra mile to obtain he's trying to help. I'll check with her tomorrow to see if she's been contacted.

Snapple, now you know I don't trust a dam* thing coming from Chase .

Oh, he asked for my 07 returns. When I said no one's ever needed my 07s before he said they had a meeting this week and have now been told to ask for them. Here we go again.....

[litehouse01]

Snapplecandy......... I agree with you about the 2nd mortgage...I too have my 2nd mortgage with chase I wish the 1st mortgage with chase was as easy to work with....The second mortgage Stipp to modification has been pretty uneventful.. as a matter of fact it made it to the pre closing dept for the 2nd mortgage and thats where it sits they won't move foward until the first is modified...My copntact in the pre closing modification dept on the 2nd is named Debbie. The 1st mortgage with chase is a nightmare!

[snapple candy]

Yeah dealing with 2nd has been a piece of cake at Chase. I was surprised my rep could pull up all the info on my first.

Determined, maybe the new requirement for 07 taxes is a new guideline created....hehehe NOT! I think so-cal-gal had a good analogy about all this. With Chase or any lender, it surely is a game of chess (numerous ones). From moment to moment, you really just have to figure out which game you are in at the time.