JPMorgan Chase & Co. Mortgage Complaint

Home equity loan or line of credit Settlement process and costs

JPMorgan Chase & Co. Mortgage department,

Home equity loan or line of credit Settlement process and costs Maryland

Chase bank was doing everything in their power through their - - -, - to avoid to settle on mortgage loan. I found this process very unethical and abusing. Under Maryland State law mediation is one of the option in foreclosure due process to meet with the lender or person representing the lender with authority to settle or be able to contact a person with authority to settle the matter at the time of mediation. This was extremely important for me to settle with Chase bank and come to agreement. Unfortunately Chase representative - -, an attorney from - - - - entered mediation without any authority to negotiate to settle, nor - - was on phone during the mediation even once. It was a conference like meeting which undermined due process. I am currently residing in the property and interested party, entered the mediation with full authority by Power of Attorney from borrower - - with all rights to negotiate and settle and was ready to negotiate with all supporting documents and fair settlement deal based on fair


n't a case as - - had no authority and suggested that we should submit our proposal for reviewing to the Chase bank. If - - had an authority to negotiate and settle as Chase bank is claiming why - - did n't exercise that power during the mediation? Why we are being told to submit our proposal to the bank? JP Morgan Chase is refusing to acknowledge this misconduct and denying my argument. I have - reputable witnesses willing to testify if needed in this case. Mediator - - - - submitted inaccurate report " No agreement was reached '' to - - Circuit Court which adversely impacted my foreclosure case. The report should say " The lender failed to attend the mediation and/or failed to have access to someone with required authority to settle the dispute '' I strongly believe that this was misconduct in foreclosure process by Chase bank and by mediator of Office of Administrative Hearings - - - -. I believe this was unfair and unlawful. Circuit Court Case Number : - - Case Number : - Foreclosure Medaition Date : -/-/14

JPMorgan Chase & Co. customer in Maryland
Mar 18, 2016

* Source: CFPB Complaint Database

JPMorgan Chase & Co. response to complaint:
Closed with explanation

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