JPMorgan Chase & Co. Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account

JPMorgan Chase & Co. Mortgage department,

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account Maryland

Dear CFPB : We discussed the matter with a lawyer. He says this is a case of a loan-sharking and an armed robbery abusing escrow & foreclosure procedures. Victims count millions. Chase paid $43000.00 for our taxes since -, and we paid back as below. Chase paid We paid Escrow Balance - - $7500.00 $7500.00 - - $7600.00 $15000.00 - - $15000.00 - - - $11000.00 $11000.00 - - $4800.00 $6400.00 - - $1300.00 $7800.00 - - $5800.00 $1900.00 - - $1900.00 - - - $8000.00 $8000.00 - - - $2500.00 - - $1000.00 $1400.00 - - $1400.00 $42.00 - - $6800.00 $6800.00 - - $1500.00 $8400.00 Now, Chase is demanding us to pay ~ $35000.00 : total ~ $80000.00 = $43000.00 + ~ $35000.00 whereas : ( 1 ) as of -/-/-, our mortgage is current and the balance is $350000.00 on Chase 's


We do n't owe ~ $35000.00 to Chase. Chase says if we do n't pay - $35000.00, they 'll put our house on sale and steal $300000.00 in equity. Apparently Chase is doing an armed robbery by abusing foreclosure procedures. Chase says they are following " the investor and lending guidelines. '' If so, the investor and lending guidelines they wrote are unfair, predatory, and criminal. If the court examines their investor and lending guidelines, it will find numerous violations of consumer protection laws and other laws. Did n't Chase do kickbacks and steal $ - from homeowners a few years ago according to their investor and lending guidelines? Has n't Chase been doing loan modification frauds and stealing $ - HAMP money from the government and homeowners according to their investor and lending guidelines? Has n't Chase been abusing foreclosure procedures ; harassing & threatening homeowners, and stealing $ - from them according to their investor and lending guidelines? Has n't Chase committing numerous tax frauds according to their investor and lending guidelines? For these and other criminal practices President/CEO and Executive Teams of Chase Home Finance LLC shall end up standing a trial in a criminal court. Following the lawyer 's advice, we informed Internal Revenue Service ( IRS ), the HAMP administrator, and media outlets of Chase 's accounting problems, kickbacks, escrow abuses & loan-sharking, frauds in loan modifications and possible tax frauds.

JPMorgan Chase & Co. customer in Maryland
Apr 20, 2016

* Source: CFPB Complaint Database

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

Created with Highcharts 4.2.3JPMorgan Chase & Co.Complaint HistoryComplaints2/20163/20164/20165/20166/201611/2016010203040Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3JPMorgan Chase & Co.Loan servicing, payments, escrow account93.3%5.7%1.0%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan servicing, payments, escrow account0.2%5.8%5.1%1.1%2.3%4.0%80.3%1.2%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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