Chase sent HAMP Mod Docs but already have Chase CHAMP Permanent Mod?

[tadias13]

Hi Everyone,

Can someone please help me? After fighting with WAMU since 2008 and then Chase since 2009 for a permanent modification, I finally got what was supposed to be a permanent HAMP mod in May of 2011. Chase then pulled a bait and switch and gave me a permanent CHAMP modification. I had just lost my job so I could not really make any waves. So I took the CHAMP back in May 2011, and now yesterday, 2/8/12, I received a Fed Ex modification package again from Chase for a permanent HAMP modification. What the hell is going on? Chase claimed that I was denied for the HAMP modification in March 2011 which is not true because the treasury had audited my file and it was approved. Yes, I know it is ultimately up to the servicer to decide if I get the HAMP or not, but I met all of the terms of the trial period, and I know that I was approved. The thing is, Chase is backdating all documents for the permanent HAMP modification to May 2011 when the CHAMP mod began. I smell a rat. Please, can someone reply back and give me advise? I am thinking I should just stick with the CHAMP only because my payments are lower than the HAMP. If I take the HAMP, does that mean I am eligible for principal reduction sometime in the future? Also I thought those approved for the HAMP at some point receive monetary incentives for making payment on time? If so, if Chase is backdating documents then how do I get my incentives for paying on time?

Any information or advise would be much appreciated! Thank you!

[Evan Bedard]

The thing is, Chase is backdating all documents for the permanent HAMP modification to May 2011 when the CHAMP mod began. I smell a rat. Please, can someone reply back and give me advise? I am thinking I should just stick with the CHAMP only because my payments are lower than the HAMP. If I take the HAMP, does that mean I am eligible for principal reduction sometime in the future? Also I thought those approved for the HAMP at some point receive monetary incentives for making payment on time? If so, if Chase is backdating documents then how do I get my incentives for paying on time?

This has been happening quite often with other members here in the forum.. It seems servicers are trying to make their books look better as if they offered a permanent solution for HAMP shortly after the trial period ended... They are telling homeowners all kinds of excuses as to why they are having to sign new paperwork and back-date the permanent mod... Really there is nothing forcing you to accept the new offer, but we all know how these servicers work and they may try to void the CHAMP mod you have been on if you do not.. Try contacting the executive's office to see if they can give you a definitive answer on this.

Jamie Dimon Chairman & Ceo
Phone: 212-270-1111
Fax : 212-270-1121
E-Mail Address: jamie.dimon@jpmchase.com

Executive Office number is: 1-800-242-7399

[tadias13]

This has been happening quite often with other members here in the forum.. It seems servicers are trying to make their books look better as if they offered a permanent solution for HAMP shortly after the trial period ended... They are telling homeowners all kinds of excuses as to why they are having to sign new paperwork and back-date the permanent mod... Really there is nothing forcing you to accept the new offer, but we all know how these servicers work and they try to void the CHAMP mod you have been on if you do not.. Try contacting the executive's office to see if they can give you a definitive answer on this.

Jamie Dimon Chairman & Ceo
Phone: 212-270-1111
Fax : 212-270-1121
E-Mail Address: jamie.dimon@jpmchase.com

Executive Office number is: 1-800-242-7399

I tried to post a reply earlier but I do not see it here. Thank you for the information! I will stick with the CHAMP as the payments are lower and the terms are almost identical to the HAMP. The one thing I do not like is the ballon payment due at the end, but I will probably not be living in the house at that time in 2051. I spoke with a friend this morning that had worked at Chase as an underwriter, and she said they are just trying to get more money out of me. The new docs say there is an escrow shortage of $8800. I am not paying for an escrow shortage. We all know that Chase will try to manipulate the escrow numbers for their benefit by increasing my monthly mortgage payment. Besides, the taxes are determined by the county where I live, not by Chase. Just because Chase has been forgiving lots of 2nd mortgages, I guess Chase now thinks they can pass that on to its other customers? I will not take the new HAMP offer. I have the signed and executed docs for the permanent CHAMP mod, and I have never missed or made a late payment since I have been in my home. So no go, I will stick with the CHAMP and how can Chase void the CHAMP anyway? I think I would have a great court case if Chase tried to make the CHAMP null and void.

Thanks again for the information!

[Evan Bedard]

Yes if it were me I would definitely stick with the CHAMP modification, you have had your mortgage permanently modified for almost a year now so that is really just unscrupulous practices on their behalf.. The thing that sounds is they are claiming you have an escrow shortage of 8800, I would verify with the executive's office that everything is still in order as it should be.

[tadias13]

Yes if it were me I would definitely stick with the CHAMP modification, you have had your mortgage permanently modified for almost a year now so that is really just unscrupulous practices on their behalf.. The thing that sounds is they are claiming you have an escrow shortage of 8800, I would verify with the executive's office that everything is still in order as it should be.

Yes, I will be checking on the escrow shortage. I will reply back when I find out!

Thank you again!

[Evan Bedard]

No problem tadias, I hope I was able to help:-)

[tadias13]

Yes, I will be checking on the escrow shortage. I will reply back when I find out!

Thank you again!

Okay, I think now I know why Chase sent me the HAMP permanent mod docs. With the new mortgage settlement, Chase will have to most likely give me a huge principal reduction. From what I have read, the Fannie Mae and Freddie Mac loans will not receive a principal reduction under the new mortgage settlement. I am approximately 300K underwater in my mortgage, if I sign those HAMP docs, I will not receive a principal reduction. So guess what, I wasn't going to sign them anymore but at least I now know what Chase's angle was. We all know Chase never does anything to benefit anyone but themselves. I bet thousands of other Chase mortgage customers got these Fed Ex packages in the mail last week. I pray they don't sign them.

[Evan Bedard]

Is your mortgage backed by Fannie Mae or Freddie Mac? I would not put high hopes into the mortgage settlement because with about $25 billion supposed to be offered to about 1 million homeowners, that is only about $25,000 per eligible homeowner... If you are 300k or more underwater, this is hardly gonna make a difference..

[tadias13]

Is your mortgage backed by Fannie Mae or Freddie Mac? I would not put high hopes into the mortgage settlement because with about $25 billion supposed to be offered to about 1 million homeowners, that is only about $25,000 per eligible homeowner... If you are 300k or more underwater, this is hardly gonna make a difference..

No, my loan was owned by WAMU so now Chase (the lovely Option ARM). It is not a Fannie or Freddie loan. You are right, I probably won't get the huge principal reduction that I and everyone else deserves, but this is the only reason I can think of as to why Chase sent me the HAMP permanent mod docs that showed up via Fed Ex just days before the mortgage settlement was reached. In a previous post I mentioned an escrow shortfall of I think around $8800.00, I do not have escrow shortage like the HAMP docs reference. I am thinking the escrow shortfall would be from the new amount of forbearance which goes up from 88K (CHAMP) to 103K if I take the HAMP. I am not taking the HAMP. So do you have any ideas as to why Chase would send these permanent HAMP mod docs? It makes no sense.

[Evan Bedard]

No, my loan was owned by WAMU so now Chase (the lovely Option ARM). It is not a Fannie or Freddie loan. You are right, I probably won't get the huge principal reduction that I and everyone else deserves, but this is the only reason I can think of as to why Chase sent me the HAMP permanent mod docs that showed up via Fed Ex just days before the mortgage settlement was reached. In a previous post I mentioned an escrow shortfall of I think around $8800.00, I do not have escrow shortage like the HAMP docs reference. I am thinking the escrow shortfall would be from the new amount of forbearance which goes up from 88K (CHAMP) to 103K if I take the HAMP. I am not taking the HAMP. So do you have any ideas as to why Chase would send these permanent HAMP mod docs? It makes no sense.

I'm personally not sure myself you make one heck of a good point that many of these new agreements are being sent out right before the settlement emerged.. You could be right that they are trying to make you sign a new HAMP offer so you will not have a chance of receiving assistance under the settlement..

[tadias13]

I think Chase is hoping that everyone that received one of these unsolicited HAMP permanent mods will sign them. If the banks keep this up, they are going to be getting a lot more houses back. The banks can't even sell all of the houses they have already taken back, so what do they think they will do with more? They are stupid! The banks will eventually have to start giving principal reductions or more people will be walking away. Suzy Orman says this housing mess will not recover until 2025 and I believe her. I think will should all go to Jaime Dimon's office and tell him face to face that he is a greedy MF.

[Evan Bedard]

It is unbelievable how many members are reporting that their servicer is sending them a new HAMP agreement.. I agree the housing crisis has lasted for five years now, and nothing seems to be getting better...

[tadias13]

It is unbelievable how many members are reporting that their servicer is sending them a new HAMP agreement.. I agree the housing crisis has lasted for five years now, and nothing seems to be getting better...

It is just strange that all of the sudden all of these HAMP permanent mod packages are being sent out. I fought for 3 years just to be approved for the HAMP trial. Then I pass the HAMP trial and Chase shoves me into their CHAMP. I was supposed to send back the signed permanent HAMP mod package by 2/20/12. I did not send it back, and guess who called today? I am not calling them back, and I will not accept the HAMP mod. Very interesting, I believe it has something to do with the multi-state mortgage settlement. I smell a principal reduction. Who knows how much, or how long it will take to receive the principal reduction. I will wait them out.

[tadias13]

It is just strange that all of the sudden all of these HAMP permanent mod packages are being sent out. I fought for 3 years just to be approved for the HAMP trial. Then I pass the HAMP trial and Chase shoves me into their CHAMP. I was supposed to send back the signed permanent HAMP mod package by 2/20/12. I did not send it back, and guess who called today? I am not calling them back, and I will not accept the HAMP mod. Very interesting, I believe it has something to do with the multi-state mortgage settlement. I smell a principal reduction. Who knows how much, or how long it will take to receive the principal reduction. I will wait them out.

Got another call today Friday, 2/24 from the same person at Chase. The number is 866-613-2353, the person is Janelle Tudor? I did not send back the HAMP permanent mod docs and I think this is why she is calling. I believe that this person is in Jacksonville, Fl as the number that shows up on my caller id is 904-239-8100 completely different than 866 number she left me. I am not going to call her back. Have you ever heard of this person?

[Evan Bedard]

Got another call today Friday, 2/24 from the same person at Chase. The number is 866-613-2353, the person is Janelle Tudor? I did not send back the HAMP permanent mod docs and I think this is why she is calling. I believe that this person is in Jacksonville, Fl as the number that shows up on my caller id is 904-239-8100 completely different than 866 number she left me. I am not going to call her back. Have you ever heard of this person?

Yes there is not really a point in picking up her call because she is more than likely just inquiring about the paperwork.. I would just verify with the executive's office that everything is still good to go with your first modification..

[tadias13]

I think Chase is hoping that everyone that received one of these unsolicited HAMP permanent mods will sign them. If the banks keep this up, they are going to be getting a lot more houses back. The banks can't even sell all of the houses they have already taken back, so what do they think they will do with more? They are stupid! The banks will eventually have to start giving principal reductions or more people will be walking away. Suzy Orman says this housing mess will not recover until 2025 and I believe her. I think will should all go to Jaime Dimon's office and tell him face to face that he is a greedy MF.

Okay, now I have a new problem. The last two house payments have gone into suspense. I always wait until the very last day of the month to make my house payments. The February payment was put into suspense and nobody could tell me why when into the branch. It was cleared up because some rep in North Monroe, LA took care of it. I always check my mortgage transactions online because as we all know, Chase is a giant liar. The same thing has now happened for the March payment. It is nowhere to be found in my online transaction history. This is really making me angry. So now I will have to go back into the branch again on Tuesday. I am not in a new modification and I have no idea what Chase's angle is, but they are up to something. I HATE CHASE.

Have you heard anything like this happening? Thank you

[Evan Bedard]

Okay, now I have a new problem. The last two house payments have gone into suspense. I always wait until the very last day of the month to make my house payments. The February payment was put into suspense and nobody could tell me why when into the branch. It was cleared up because some rep in North Monroe, LA took care of it. I always check my mortgage transactions online because as we all know, Chase is a giant liar. The same thing has now happened for the March payment. It is nowhere to be found in my online transaction history. This is really making me angry. So now I will have to go back into the branch again on Tuesday. I am not in a new modification and I have no idea what Chase's angle is, but they are up to something. I HATE CHASE.

Your payments should only be held in a suspense account if you are more than 3 months behind or if they happened to void the CHAMP agreement.. However, if they accepted February's payment you should have nothing to worry about, I would not really trust what your online account states as often times it may list inaccurate information or take weeks to update with the correct info..

[tadias13]

Your payments should only be held in a suspense account if you are more than 3 months behind or if they happened to void the CHAMP agreement.. However, if they accepted February's payment you should have nothing to worry about, I would not really trust what your online account states as often times it may list inaccurate information or take weeks to update with the correct info..

Very true, you make an excellent point. There are many weird things on my account when I look at all of the activity from the past year. If they did void the CHAMP, they have to tell me right? Wait, what I am saying? This is Chase, they wouldn't tell me. I hope they do void it, and I will see them in court. I got a letter from them last week saying, "Please contact us within 15 days or we will be unable to offer you the HAMP modification you requested. Whatever, I didn't request it. They still keep calling me and on the caller ID it says 123456? It is them because they always leave a message. When I filed chapter 7 in 2008, I did not reaffirm the mortgage. So just because I have this permanent CHAMP, I can still walk and they can't come after me.

Thanks for all of your help! I do appreciate it! So I will reply back to tell you what they do next.

[Evan Bedard]

That is very true, since you never reaffirmed you will not be liable for nay judgements if you did end up walking away from the property. I would contact Dimon's office and make a complaint. Let them know you have been on a permanent CHAMP modification for almost a year now and their reps are sending you solicitation letters to apply for HAMP.. It is obvious one of their departments still thinks you are in process for a mod..

Jamie Dimon Chairman & Ceo
Phone: 212-270-1111
Fax : 212-270-1121
E-Mail Address: jamie.dimon@jpmchase.com

[tadias13]

That is very true, since you never reaffirmed you will not be liable for nay judgements if you did end up walking away from the property. I would contact Dimon's office and make a complaint. Let them know you have been on a permanent CHAMP modification for almost a year now and their reps are sending you solicitation letters to apply for HAMP.. It is obvious one of their departments still thinks you are in process for a mod..

Jamie Dimon Chairman & Ceo
Phone: 212-270-1111
Fax : 212-270-1121
E-Mail Address: jamie.dimon@jpmchase.com

Okay, so today, Friday, 4/6/12, there is a letter from Chase. It says "A representative from JMA Services has made an attempt to contact you on behalf of Chase, regarding your loan modification. Please contact JMA Services at 1-877-456-2778 between 6:00am - 6:00pm EST Monday - Friday to arrange a time for their agent to pick up your completed loan modification package." WTF? Chase really wants me to agree to this mod real bad. NO WAY IN HELL, they can die. Then it goes on to say, If you have any questions about your loan modification, please contact Chase at 1-866-550-5705. I believe this is Glendale, CO? Then at the end it says Sincerely, Chase (they don't even know how to spell Sincerely correctly).

Have you heard of this before? Do you know of this JMA Services? I wish Chase would leave me alone.

Thanks

[Evan Bedard]

Contact Chase first to be sure they are presently using this company. Apparently, some people contacted by JMA checked with Chase afterwards and were told that JMA was not working for them. The way this happened to you is just unprofessional. Chase should initially contact you to let you know that JMA or whoever will be contacting you on their behalf.

Here are some threads with other members who have been sent a letter from JMA:

What the heck is Chase up to?

Chase sent "JMA Associates" Field Rep???

Who is JMA???

[tadias13]

Contact Chase first to be sure they are presently using this company. Apparently, some people contacted by JMA checked with Chase afterwards and were told that JMA was not working for them. The way this happened to you is just unprofessional. Chase should initially contact you to let you know that JMA or whoever will be contacting you on their behalf.

Here are some threads with other members who have been sent a letter from JMA:

What the heck is Chase up to?

Chase sent "JMA Associates" Field Rep???

Who is JMA???

Thank you for the information. I am not going to worry about this until they try to rescind my current permanent CHAMP mod. If they do, then it will be on. I have had with these good for nothings. Because of them my life has been filled with stress (like a lot of others on these forum) apparently I am in good company. At least I had the good sense not to reaffirm the mortgage. The only reason I have not walked is because I have 7 dogs and they are my priority. If I did not have my babies, I would have left long ago . When and if I do leave, I am taking the windows, doors, light switch plates, EVERYTHING and I will just prop the house up with sticks and then it will fall down around whatever idiot opens the door. If you walk from a house, can the bank still come after if the property ends up being vandalized? Should I get special insurance to cover myself? Thank you

[Evan Bedard]

You are right if you were to walk away from your property you will not be held liable for any judgements after foreclosure.. However, I'm not too sure of what the lenders rights will be if the home is stripped/vandalized before the foreclosure occurs, you may want to consult with a local real estate attorney in regards to this.. I'm just not too sure what their legal rights are in that event since the mortgages were never reaffirmed..

[tadias13]

You are right if you were to walk away from your property you will not be held liable for any judgements after foreclosure.. However, I'm not too sure of what the lenders rights will be if the home is stripped/vandalized before the foreclosure occurs, you may want to consult with a local real estate attorney in regards to this.. I'm just not too sure what their legal rights are in that event since the mortgages were never reaffirmed..

Well it has been a few months since I have been here on the forum. Chase is still trying to screw me and I honestly don't know what their motivation is this time. After receiving a permanent CHAMP mod in May 2011 everything appeared to be going decent until February of this year when every single mortgage payment kept going into suspense. I also received an unsolicited HAMP Permanent Mod Fed Ex package 2 days before the mortgage settlement was officially announced. That is when all of this started and it has not let up. Long story short, my mortgage information was no longer visible online and I started calling anyone and everyone at Chase. They actually had shoved me into yet another modification without my verbal or written consent. Why they think they can get away with this is beyond me. Yesterday, 8/6/12, I received an automated letter saying that "they are concerned" because I am 60 days past due. I have never been late with a mortgage payment or missed any mortgage payment EVER. Have you heard of Chase sending out robo letters to customers who have never been late or missed a payment? I think they must want my house, the thing is I am over 300K underwater and I live in crappy Stanislaus County in the Central Valley of Northern California just outside of Modesto. Why anyone would want this house is a mystery to me. The only reason I stay here is because I have 7 dogs and where the hell else would I go with 7 dogs? If I did not have my babies, I would have told Chase to shove the house right up their ass. I HATE THESE LYING BASTARDS! My next door neighbors lived in their house for 15 years, never missed or were late on a payment, and guess what, the Sherif showed up at there place when the husband was out of town and said they had 48 hours to vacate? Chase was the owner of their loan also. I think they are trying to do this to me also. What do I do? I think it might be time to get a real estate attorney. Can you recommend someone in Stanislaus County?

[Annie Mac]

Tadias13,
I was also a Wamu Option Arm, and have been dealing with first Wamu, now Chase for four and a half years. You, at least, were offered a mod. The first thing which comes to mind with your story is the federal credits the big five get if they modify a certain amount of loans in this first phase of the settlement agreement. If they could convert your loan and make it look like a new loan, they get bonus points. Saves them time and money and it looks good.
You got your foot in the door though...what did you have to do to get the treasury to look at your details for approval? I have been denied repeatedly, with ridiculous reasons, avoidance of putting it in writing, repeated requests for more copies, etc, and the usual quadra tracing of four things happening at once, because there are so many legs on the centipede of Chase.
Is there a way you can send your payment via cashier's check, certified mail, or a bank electronic check so there is a sure record on your end because the Chase online record is clearly not reliable?
I would contact the California Attorney General's office with a complaint, as I am sure there are regulations on servicing which cover this area, and there are some new ones I understand which are in place.
As I continue to write over and over again here, those of us who were Wamu Option Arms orphaned in the middle with no lender, and now Chase is our servicer-lender-investor-debt collector-loan modifier application shredder-fraudster, well, the rules just do not apply to us. We are in a different category, or perhaps we are in a different four categories. Things are done or not done with us which don't fit the pattern of other homeowners. We are supposed to disappear, be swept under the rug, camoflauged , so the question we need to ask is what is it about our loans that makes it worth doing anything, to make us go away?

[tadias13]

Tadias13,
I was also a Wamu Option Arm, and have been dealing with first Wamu, now Chase for four and a half years. You, at least, were offered a mod. The first thing which comes to mind with your story is the federal credits the big five get if they modify a certain amount of loans in this first phase of the settlement agreement. If they could convert your loan and make it look like a new loan, they get bonus points. Saves them time and money and it looks good.
You got your foot in the door though...what did you have to do to get the treasury to look at your details for approval? I have been denied repeatedly, with ridiculous reasons, avoidance of putting it in writing, repeated requests for more copies, etc, and the usual quadra tracing of four things happening at once, because there are so many legs on the centipede of Chase.
Is there a way you can send your payment via cashier's check, certified mail, or a bank electronic check so there is a sure record on your end because the Chase online record is clearly not reliable?
I would contact the California Attorney General's office with a complaint, as I am sure there are regulations on servicing which cover this area, and there are some new ones I understand which are in place.
As I continue to write over and over again here, those of us who were Wamu Option Arms orphaned in the middle with no lender, and now Chase is our servicer-lender-investor-debt collector-loan modifier application shredder-fraudster, well, the rules just do not apply to us. We are in a different category, or perhaps we are in a different four categories. Things are done or not done with us which don't fit the pattern of other homeowners. We are supposed to disappear, be swept under the rug, camoflauged , so the question we need to ask is what is it about our loans that makes it worth doing anything, to make us go away?

Hi Annie Mac,
I know, I feel your pain, anyone with a WAMU loan is treated like a red headed step child. We get nothing. I have heard of people getting mods today and supposedly the process is a lot faster and easier with principal reductions. Chase should be forced to go back and give everyone that received a mod a principal reduction. Are you in the mod process now? If so, is it still the same bullish-t? I would like to know what happens with your mod, please keep me updated. Have you tried going to one of the Chase home preservation centers? That is what I ended up doing and lucky for me, I got a real nice gal and I sill contact her for information. She is now an underwriter at Chase. Nothing will ever change unless the government steps in, we all know that will not happen as those a-holes in the house cater to the bank owned special interest lobbyists. These lobbyists are nothing more than paid whores. I thought our president was going to do something about the lobbyists? Wasn't that one of his campaign promises?

To answer your question about the treasury auditing my file, I am not convinced that they actually did this. It may have been yet another lie by Chase just to stall longer in sending out the final mod docs. I may contact the HAMP resolution/escalation team for information to see if they can tell me if that is really true. The only reason I got a permanent mod was because I was on the phone everyday for years, calling 5 and 6 times a day, writing down the name, location, and what the idiot on phone told me. I'm sure you have been doing the same thing. It also helps to get a rep that has full access to your mortgage account information as many of the reps do not have full access. I would always ask them to read me any and all notes made on my account throughout the mod process. You should also try going to the local branch and ask the to call for you while you are with them. I will contact the attorney general here in California. I am so sick of Chase. They are clearly targeted WAMU customers and they are not willing to do anything for us. Gee, I wonder if any us WAMU customers will be getting a principal reduction?

Did Chase also ruin your credit during my mod process? They did mine. I am going to see if I can get it reversed. I remember the day I received the automated letter saying that Chase now owns I mortgage after they acquired WAMU. I cried for days knowing that I would be screwed.

Keep me posted on your situation!

[Annie Mac]

I have never been offered a mod. In 2008, the Wamu rep told me I needed to be three months behind in order to be considered....When I was two months behind, I got a NOD and sale date...scrambled to pay the amount needed to rescind it, and stopped the sale. My modification was in underwriting when Chase took over. For a long time, no one could figure who I was, there was no record of my loan. In 2009, I began applying and have been in continuous modification since then. Never offered a trial plan even. Denials without written statements, the run around on the phone, missing docs faxed over and over. In 2010 I was denied because they could not post my income as anything other than $1.00 per month. In 2011 I did the Rest Report...I do not think anyone ever looked at my app. I sent two QWR and no response. Now, a couple of days before the new laws went into effect in Oregon, they filed a NOD and sale date. So, right now I am in the waiting place with an October sale date.
What I believe is that Chase is my servicer. They filed the trustee sale in the name of Washington Mutual Bank. At one point I was told I was denied for a loan because "my investor" would not allow it. Chase claims they are the lender, but they have not behaved like one, and slip in and out of costume at their convenience. They would never say, we, Chase, your lender, would not allow a modification. They say it is an asset loan. My second was with Wamu/Chase also. Long ago charged off, and most of the credit checks, which have been detrimental to credit, are from the collection agencies for the second doing hard pulls on the credit report. I don't care about credit, but I will fight for the house. There is still some mysterious stuff around the assumption of Chase....they call themselves the "successor in interest." I have docs recorded, robosigned with Chase acting as the beneficiary , the successor in interest, and the servicer. If they are confused about who they are, it is no wonder we are too. Yes, it is important to compare details. There are a bunch of us here. Purposefully, they shift things on us so we cannot get a glimmer of truth. If we could get even a sliver of what happened to our notes, why this Wamu label is so targeted, it will possibly be a break for all of us.

[tadias13]

I have never been offered a mod. In 2008, the Wamu rep told me I needed to be three months behind in order to be considered....When I was two months behind, I got a NOD and sale date...scrambled to pay the amount needed to rescind it, and stopped the sale. My modification was in underwriting when Chase took over. For a long time, no one could figure who I was, there was no record of my loan. In 2009, I began applying and have been in continuous modification since then. Never offered a trial plan even. Denials without written statements, the run around on the phone, missing docs faxed over and over. In 2010 I was denied because they could not post my income as anything other than $1.00 per month. In 2011 I did the Rest Report...I do not think anyone ever looked at my app. I sent two QWR and no response. Now, a couple of days before the new laws went into effect in Oregon, they filed a NOD and sale date. So, right now I am in the waiting place with an October sale date.
What I believe is that Chase is my servicer. They filed the trustee sale in the name of Washington Mutual Bank. At one point I was told I was denied for a loan because "my investor" would not allow it. Chase claims they are the lender, but they have not behaved like one, and slip in and out of costume at their convenience. They would never say, we, Chase, your lender, would not allow a modification. They say it is an asset loan. My second was with Wamu/Chase also. Long ago charged off, and most of the credit checks, which have been detrimental to credit, are from the collection agencies for the second doing hard pulls on the credit report. I don't care about credit, but I will fight for the house. There is still some mysterious stuff around the assumption of Chase....they call themselves the "successor in interest." I have docs recorded, robosigned with Chase acting as the beneficiary , the successor in interest, and the servicer. If they are confused about who they are, it is no wonder we are too. Yes, it is important to compare details. There are a bunch of us here. Purposefully, they shift things on us so we cannot get a glimmer of truth. If we could get even a sliver of what happened to our notes, why this Wamu label is so targeted, it will possibly be a break for all of us.

I thought I had replied to your post here but I don't see it, sorry about that. You say Chase is going to sell your house this October? I think you should go to the Chase homeowner's center there in Portland, Oregon and talk to someone face to face and see if they can help you to finally get you your mod. If you apply again for mod, would that help to delay the sale of your house? I read somewhere just recently that according to this multi-state mortgage settlement, the bank cannot proceed with foreclosure, and ending dual-track foreclosures for many loans.if the homeowner has been approved for a mod and/or in a trial mod. This information came directly off of the webpage from the settlement:

First ever nationwide reforms to servicing standards; something that no other federal or state agency has been able to achieve. These servicing standards require single point of contact, adequate staffing levels and training, better communication with borrowers, and appropriate standards for executing documents in foreclosure cases, ending improper fees, and ending dual-track foreclosures for many loans.

So if you can get approved for a trial mod, then they bank can no longer fast track you into foreclosure or possibly delay or stop an auction sale date of your home until you have been approved or denied for the final mod. You should try one more time to get a mod. Go to the local Chase homeownership center there in Portland, OR and see if someone there can help you! Here is the information for them I found on the internet. Please call them! Go see them!

Address:

15500 SW 72nd Avenue
Suite 200
Portland, OR 97224

Phone:

503-624-5055

Hours of operation:

• Monday-Thursday
  8:00 AM - 8:00 PM
  
• Friday
  9:00 AM - 6:00 PM
  
• Saturday
  9:00 AM - 1:00 PM
  
  

There is also a a group of WAMU mortgage customers and here is the link to their website: Home Page. Maybe there might be more information on there to help you.

[tadias13]

Well it has been a few months since I have been here on the forum. Chase is still trying to screw me and I honestly don't know what their motivation is this time. After receiving a permanent CHAMP mod in May 2011 everything appeared to be going decent until February of this year when every single mortgage payment kept going into suspense. I also received an unsolicited HAMP Permanent Mod Fed Ex package 2 days before the mortgage settlement was officially announced. That is when all of this started and it has not let up. Long story short, my mortgage information was no longer visible online and I started calling anyone and everyone at Chase. They actually had shoved me into yet another modification without my verbal or written consent. Why they think they can get away with this is beyond me. Yesterday, 8/6/12, I received an automated letter saying that "they are concerned" because I am 60 days past due. I have never been late with a mortgage payment or missed any mortgage payment EVER. Have you heard of Chase sending out robo letters to customers who have never been late or missed a payment? I think they must want my house, the thing is I am over 300K underwater and I live in crappy Stanislaus County in the Central Valley of Northern California just outside of Modesto. Why anyone would want this house is a mystery to me. The only reason I stay here is because I have 7 dogs and where the hell else would I go with 7 dogs? If I did not have my babies, I would have told Chase to shove the house right up their ass. I HATE THESE LYING BASTARDS! My next door neighbors lived in their house for 15 years, never missed or were late on a payment, and guess what, the Sherif showed up at there place when the husband was out of town and said they had 48 hours to vacate? Chase was the owner of their loan also. I think they are trying to do this to me also. What do I do? I think it might be time to get a real estate attorney. Can you recommend someone in Stanislaus County?

Okay now I am really confused and wondering just what the hell Chase is up to. Here we are in August 2012, and out of the blue I get an unsolicited call from a Chase home lending supervisor. She says that she is my single point of contact and feel free to contact her at anytime at her direct number? WTF? I am very glad that this nice lady has contacted me, yes I did say nice, but I am wondering what is going on. Looks like Chase F-cked up the May 2011 CHAMP mod which I already figured and they got caught. So now she is telling me that there was an error on my permanent CHAMP mod in 2011 (which should have been a HAMP mod and I posted about that already in this thread). According to the this lady, Chase wants to still put me into a permanent HAMP mod with incentives that will most likely be retroactive to the start date of my permanent CHAMP mod received in May 2011. I said I need to see something in writing, and I am not agreeing to or signing anything unless it benefits me, and there is a principal reduction. We shall see. I will post again if/when the new HAMP Mod Fed Ex package gets here stating the terms.

[anonymousmom]

I am totally lost. We applied for what we thought was a HAMP modification through Chase ( our servicer) and Deutch as the lender. ( it was sold to them, they wren't the original lenders) We are so underwater on our home, ( worth maybe 172k owe 308) at an APR attached to LIBOR of 11.5. ALL we want is a rate reduction.We will pay back the entire amount we owe. We had to file bankruptcy a few years back and stupidly refinanced our home right before everything went south to pay off the bankruptcy. Of course, our rate was horrid ( hence the 11.5 APR) but it as less than our mortgage payment and payments due to the bankruptcy trustee monthly. We had to stay in the loan two years. We figured that would give us enough time to get our credit score up to a point where we could get a reasonable loan rate. Well, our house appraised out at 285k not the 329 that we then owed on it. We have been trying for three years now to get some kind of modification from Chase. It was not until we got our atty involved that we found out about "HAMP". We were also told that if we chose to short sale, that she had two clients ( and we know our atty and she is not lying) that got 3 thousand dollars for a short sale, and also a 35000 kick back from chase to avoid DIL or foreclosure. WHY? I haven't a clue. My husband wants to pay our debt. THat is the kind of person he is. I want to keep our home, but it needs alot of work still. We dont ant to put more money into this home until we know what is up with this CHAMP stuff.

We got the notice within six weeks from filing through chase ( I was very thorough and called daily) that we had been approved. Much to my surprise I got the temp packet stating our payments had gone down only about one thousand dollars, we thought they would decrease to about 1300.00 to 1400.00 not including taxes etc. Much to my surprise they are almost three thousand. WHen I called chase they said.. they are based on income to debt. SO if I used my credit cards stupidly I could get a lower payment.

SO when I again asked what the rate was, he said, its based on the DTI ratio. What my question is, WHAT is the final loan going to be? It cant possibly be debt to income..what is this crap I am hearing about a balloon.. none of this was disclosed to us. We have a credit score of 791. My husband makes over 140k we have little other debt except I have very high medical bills. We should be approved for a low interest loan and would be if the house appraised out right. Just because it's not backed by the government and because we have never ever missed a payment even when we were going to bankruptcy, which we paid back PLUS eight percent to the trustee, our credit has been unblemished. Its frustrating when you see people not paying the mortgage on purpose to screw the banks, yet people who want to pay what they owe and have, can't catch a break.

So does anyone know what happens when the "modiification" becomes final and what is this balloon stuff about? Is it the same for everyone? do I need to get my atty involved in this too? I am at the end of my rope. We should be enjoying what is left of my life not worrying about the roof that is over our head.

I have it much better than alot of people and i am grateful. I am sorry if I sound arrogant I don't mean to . I am tired and frustrated with this country. My husband just wants to either stay in the house or just pick up and move overseas. We have grandbabies here. I can't do that. Why is the American dream suddenly such a nightmare?

[tadias13]

I am totally lost. We applied for what we thought was a HAMP modification through Chase ( our servicer) and Deutch as the lender. ( it was sold to them, they wren't the original lenders) We are so underwater on our home, ( worth maybe 172k owe 308) at an APR attached to LIBOR of 11.5. ALL we want is a rate reduction.We will pay back the entire amount we owe. We had to file bankruptcy a few years back and stupidly refinanced our home right before everything went south to pay off the bankruptcy. Of course, our rate was horrid ( hence the 11.5 APR) but it as less than our mortgage payment and payments due to the bankruptcy trustee monthly. We had to stay in the loan two years. We figured that would give us enough time to get our credit score up to a point where we could get a reasonable loan rate. Well, our house appraised out at 285k not the 329 that we then owed on it. We have been trying for three years now to get some kind of modification from Chase. It was not until we got our atty involved that we found out about "HAMP". We were also told that if we chose to short sale, that she had two clients ( and we know our atty and she is not lying) that got 3 thousand dollars for a short sale, and also a 35000 kick back from chase to avoid DIL or foreclosure. WHY? I haven't a clue. My husband wants to pay our debt. THat is the kind of person he is. I want to keep our home, but it needs alot of work still. We dont ant to put more money into this home until we know what is up with this CHAMP stuff.

We got the notice within six weeks from filing through chase ( I was very thorough and called daily) that we had been approved. Much to my surprise I got the temp packet stating our payments had gone down only about one thousand dollars, we thought they would decrease to about 1300.00 to 1400.00 not including taxes etc. Much to my surprise they are almost three thousand. WHen I called chase they said.. they are based on income to debt. SO if I used my credit cards stupidly I could get a lower payment.

SO when I again asked what the rate was, he said, its based on the DTI ratio. What my question is, WHAT is the final loan going to be? It cant possibly be debt to income..what is this crap I am hearing about a balloon.. none of this was disclosed to us. We have a credit score of 791. My husband makes over 140k we have little other debt except I have very high medical bills. We should be approved for a low interest loan and would be if the house appraised out right. Just because it's not backed by the government and because we have never ever missed a payment even when we were going to bankruptcy, which we paid back PLUS eight percent to the trustee, our credit has been unblemished. Its frustrating when you see people not paying the mortgage on purpose to screw the banks, yet people who want to pay what they owe and have, can't catch a break.

So does anyone know what happens when the "modiification" becomes final and what is this balloon stuff about? Is it the same for everyone? do I need to get my atty involved in this too? I am at the end of my rope. We should be enjoying what is left of my life not worrying about the roof that is over our head.

I have it much better than alot of people and i am grateful. I am sorry if I sound arrogant I don't mean to . I am tired and frustrated with this country. My husband just wants to either stay in the house or just pick up and move overseas. We have grandbabies here. I can't do that. Why is the American dream suddenly such a nightmare?

Chase did the same thing to me with a ballon payment at the end of the permanent mod. They do this to most of the permanent mods. From what I recently found out, if you have received a permanent mod, you can go back and apply for another mod and you have to let them know that this is for a principal reduction. I found this information out from a Chase home lending supervisor so you may want to pursue this. I believe your permanent mod must be at least 1 year old before you can apply for another mod. It is worth looking into.

[tadias13]

I am totally lost. We applied for what we thought was a HAMP modification through Chase ( our servicer) and Deutch as the lender. ( it was sold to them, they wren't the original lenders) We are so underwater on our home, ( worth maybe 172k owe 308) at an APR attached to LIBOR of 11.5. ALL we want is a rate reduction.We will pay back the entire amount we owe. We had to file bankruptcy a few years back and stupidly refinanced our home right before everything went south to pay off the bankruptcy. Of course, our rate was horrid ( hence the 11.5 APR) but it as less than our mortgage payment and payments due to the bankruptcy trustee monthly. We had to stay in the loan two years. We figured that would give us enough time to get our credit score up to a point where we could get a reasonable loan rate. Well, our house appraised out at 285k not the 329 that we then owed on it. We have been trying for three years now to get some kind of modification from Chase. It was not until we got our atty involved that we found out about "HAMP". We were also told that if we chose to short sale, that she had two clients ( and we know our atty and she is not lying) that got 3 thousand dollars for a short sale, and also a 35000 kick back from chase to avoid DIL or foreclosure. WHY? I haven't a clue. My husband wants to pay our debt. THat is the kind of person he is. I want to keep our home, but it needs alot of work still. We dont ant to put more money into this home until we know what is up with this CHAMP stuff.

We got the notice within six weeks from filing through chase ( I was very thorough and called daily) that we had been approved. Much to my surprise I got the temp packet stating our payments had gone down only about one thousand dollars, we thought they would decrease to about 1300.00 to 1400.00 not including taxes etc. Much to my surprise they are almost three thousand. WHen I called chase they said.. they are based on income to debt. SO if I used my credit cards stupidly I could get a lower payment.

SO when I again asked what the rate was, he said, its based on the DTI ratio. What my question is, WHAT is the final loan going to be? It cant possibly be debt to income..what is this crap I am hearing about a balloon.. none of this was disclosed to us. We have a credit score of 791. My husband makes over 140k we have little other debt except I have very high medical bills. We should be approved for a low interest loan and would be if the house appraised out right. Just because it's not backed by the government and because we have never ever missed a payment even when we were going to bankruptcy, which we paid back PLUS eight percent to the trustee, our credit has been unblemished. Its frustrating when you see people not paying the mortgage on purpose to screw the banks, yet people who want to pay what they owe and have, can't catch a break.

So does anyone know what happens when the "modiification" becomes final and what is this balloon stuff about? Is it the same for everyone? do I need to get my atty involved in this too? I am at the end of my rope. We should be enjoying what is left of my life not worrying about the roof that is over our head.

I have it much better than alot of people and i am grateful. I am sorry if I sound arrogant I don't mean to . I am tired and frustrated with this country. My husband just wants to either stay in the house or just pick up and move overseas. We have grandbabies here. I can't do that. Why is the American dream suddenly such a nightmare?

Deutsch is the owner of your mortgage? I have not heard good things about them. I have a ballon payment at the end of my loan now thanks to my current mod and I don't like it. So is your modification final yet? If not, I have heard that mods now are automatically evaluated for a principal reduction but if your mortgage is owned by Deutsch I don't know if that will be the case. Have you signed final mod docs yet? If there is a ballon payment I would think twice about it. If you have an attorney that can look over the final docs that would be good idea because the banks offer one thing and then do a bait and switch.

You are not the only one frustrated with the country. I am sick and tired of our government looking the other way while the banks continue to do whatever they want. The banks do not follow the rules and we all suffer for it, and the banks never have to answer to anyone. Hell with them all.

[tadias13]

Okay now I am really confused and wondering just what the hell Chase is up to. Here we are in August 2012, and out of the blue I get an unsolicited call from a Chase home lending supervisor. She says that she is my single point of contact and feel free to contact her at anytime at her direct number? WTF? I am very glad that this nice lady has contacted me, yes I did say nice, but I am wondering what is going on. Looks like Chase F-cked up the May 2011 CHAMP mod which I already figured and they got caught. So now she is telling me that there was an error on my permanent CHAMP mod in 2011 (which should have been a HAMP mod and I posted about that already in this thread). According to the this lady, Chase wants to still put me into a permanent HAMP mod with incentives that will most likely be retroactive to the start date of my permanent CHAMP mod received in May 2011. I said I need to see something in writing, and I am not agreeing to or signing anything unless it benefits me, and there is a principal reduction. We shall see. I will post again if/when the new HAMP Mod Fed Ex package gets here stating the terms.

I have told Chase to leave me the f-ck alone. Do not contact me via telephone. I tried to give them the benefit of the doubt but I should know better after all these years! They are lying sacks of sh-t and they are no longer allowed to contact me via telephone. If they have something to say, they are to put it in writing and mail it. Of course they never put anything in writing because they know they will get sued. It is a miracle if you can get an email address for any Chase employee as they are not allowed to communicate with customers via email. These a-holes were caught yet again shoving me into yet another permanent HAMP mod without my permission. This has now happened twice since February. I told them I would not accept another permanent mod unless they are going to give me a principal reduction and it is in writing. Funny how anyone now applying for a mod automatically is evaluated for a principal reduction and many are receiving them, but no, Chase refuses to go back and give me a principal reduction. I was told to apply for another mod. I told them NO! I have already been down that road way too many times. Still waiting for an explanation as to why my mortgage payments are put into suspense and NEVER APPLIED! I call them every month and then the payments are applied. The executive office still has no idea what is going on. They are obviously doing this on purpose. Chase says they will send me something in writing explaining why this has been happening (like that is going to happen). It looks as though the September payment was applied correctly, but Chase has a habit of going back and manipulating my mortgage payment information. Chase treats the WAMU customers like sh-t. They could care less about helping us and they can shove it. I am still trying to figure out why Chase keeps having new reps contact me. I have not asked for another mod so they have no reason to contact me at all. They are obviously up to something.

[Annie Mac]

Tadias13, what was the origination date of your loan with Wamu? There is a pattern in what you are describing and what I have experienced also. The same bait and switch tactics, a Relationship Manager is assigned but two weeks goes by before the letter arrives, they are never available by phone, and never speak to them before the new one is assigned. A constant revolving door. I appreciate your suggestion to go to the Chase center in Portland, however, in 2008 I stayed a foreclosure that way and never received an accounting of where the money went that I paid. Now, I am in my second illegal foreclosure. My theory at the moment is that my original DOT was written by Washington Mutual Bank,FA, which ceased existence in April of 2005. They continued writing loans even though they no longer existed. These loans are not Fannie, not Freddie, not MERS...and because they were kept within the umbrella of Wamu, they were able to be securitized over and over again. The FDIC and Chase knows all this, thus the secrecy of who our lender is and where it went. It would be good for Chase if people with these loans just disappeared, because we represent a glaring example of toxic fraud. They will do anything right now to dump these files out of the picture. Suddenly, with a sale date looming, new service reps are calling me with "concerns" that something must be done before the sale date. They want more loan mod apps....it sure sounds as if they are wanting to get rid of you the same way they are doing to me. However, I know a lot more now than I did four years ago....

[tadias13]

Tadias13, what was the origination date of your loan with Wamu? There is a pattern in what you are describing and what I have experienced also. The same bait and switch tactics, a Relationship Manager is assigned but two weeks goes by before the letter arrives, they are never available by phone, and never speak to them before the new one is assigned. A constant revolving door. I appreciate your suggestion to go to the Chase center in Portland, however, in 2008 I stayed a foreclosure that way and never received an accounting of where the money went that I paid. Now, I am in my second illegal foreclosure. My theory at the moment is that my original DOT was written by Washington Mutual Bank,FA, which ceased existence in April of 2005. They continued writing loans even though they no longer existed. These loans are not Fannie, not Freddie, not MERS...and because they were kept within the umbrella of Wamu, they were able to be securitized over and over again. The FDIC and Chase knows all this, thus the secrecy of who our lender is and where it went. It would be good for Chase if people with these loans just disappeared, because we represent a glaring example of toxic fraud. They will do anything right now to dump these files out of the picture. Suddenly, with a sale date looming, new service reps are calling me with "concerns" that something must be done before the sale date. They want more loan mod apps....it sure sounds as if they are wanting to get rid of you the same way they are doing to me. However, I know a lot more now than I did four years ago....

Hi There AnnieMac,

My loan origination date with WAMU was April 2006. Like you, I do not really believe Chase owns my loan. We all know that Chase got all of WAMU for basically nothing including are houses so Chase could care less about us WAMU people. I am not going to disappear and I think they know it. What I don't understand is why they keep trying to shove me into a permanent HAMP mod without my consent. I was first on a HAMP trial and then was approved for a permanent HAMP mod in March 2011 and then that is when Chase decides that I will receive a permanent CHAMP mod. Now since Feb of this year, Chase has tried twice now to put my into a permanent HAMP mod without my consent. I believe that is illegal and I wonder if it would do any good to get a lawyer and fight them. How do we find out who really owns our houses? If I didn't have my 7 dogs, I would have walked out of here a long time ago. I stay here because of the dogs. I filed chapter 7 back in 2008 and was discharged in 4/2009 and I never reaffirmed the mortgage. So Chase really can't do anything to me. Still I want them to give me a principal reduction as my house is over 200K underwater. Thanks to all this illegal sh-t the banks did, I lost all of the equity in my home just like everyone else. Chase is giving principal reductions to all their original customers but probably none to us WAMU people. How can I find out who really owns my home? I still do not know why they are always calling me saying they want to help me because they are not helping me. What a f-cking mess. Your house is being foreclosed on yet again? Do you have a lawyer? Is there a sale date for your house? I am going to write to them again and ask why they put all of my mortgage payment into suspense since Feb of this year. Time to call the executive office again.