JPMorgan Chase & Co. Mortgage Complaint

Other mortgage Loan modification,collection,foreclosure

JPMorgan Chase & Co. Mortgage department,

Other mortgage Loan modification,collection,foreclosure California

To Whom It May Concern : A short sale request was submitted in - - to servicer Chase bank. They kept losing documents and after 7 months, we received a short sale approval on - -, -. The buyer was tired of waiting so they walked. A second buyer contract was submitted to Chase and Chase decided we needed to start process all over again. Per guidelines established by hmpadmin.com, it clearly states, '' fixed termination date not less than 120 calender days from the effective date of the shortsale notice ''. This means the approved net is good for 120 days on HAFA short sale notice. The correct way of handling the - buyer is creating new approval letter with new buyer name as long as net is equal or higher as original approval. Chase erased all old Equator emails and started a whole new email line so it would show as a new file. This file is out of complaince due to not following their own HAFA Chase - timelines. I have an all cash buyer ready to close in 7 days. All I need is an update approval letter. Please assist me. I have tried everything and no one at Chase will assist me - buyer is hanging by a string. Time is of the essence Your assistance is greatly appreciated, - - ( Realtor on behalf of seller )

JPMorgan Chase & Co. customer in California
Apr 22, 2016

* Source: CFPB Complaint Database

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

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