Incorrect documents not stopping Chase from foreclosing in Pacific Northwest
Chase has admitted that documents related to foreclosures (and the authority of Chase to foreclose on a given property) have not been sufficiently reviewed for accuracy so they stopped paused 56,000 foreclosures in order to review their process.
However, ever the opportunist, Chase chose not to freeze foreclosures in the Pacific Northwest states of Washington, Oregon, and Idaho, because those states do not have a judicial process involved in foreclosures. In other words, they are continuing with the same practices in those states, because they didn’t or can’t get caught there like they did elsewhere.
Everything Chase does just seems to reinforce the image that they don’t actually care about the customers, just the money they bring in.
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By Jessica, October 4, 2010 @ 10:13 am
This is the real business ethics of JPMorgan Chase. Chase rescinded my job offer on 10/01/2010. Here is what happened. I applied a few weeks ago online. On 09/24/2010 a recruiter contacted me and I went through a phone interview. She thought I would be great for the job, so she schedule a face to face interview with the local Chase in my town that is hiring. I went for the face to face interview on 09/27/2010 the interview went great. The supervisor interviewing me said that the recruiter would contact me within a day or two if I was chosen for the position because the job started in exactly 2 weeks,so the hiring process was going to be very swift. The next day (09/28/2010) I received a call from the recruiter and I was offered the position. I accepted and was set up with all of the new hirie appointments (drug test, I-9, fingerprinting, background check). I was asked if I was in negotiations for a job with any of the competitors, I replied no. The recruiter stated that once I verbally accepted the offer I was at that point a Chase employee and was verbally agreeing to commit to Chase for 1 year and that if the business relationship between myself and Chase was severd I was agreeeing to not work for any competitor for 1 year. The recruitor said that came as part of the job offer and if I did not agree to those terms not to accept the position. I accepted the position. The next day (09/29/2010) I received a fedex package that incuded the wriiten job offer that I was to sign and immediatly fedex overnight back to Chase in the pre-paid envelope, I did. That day I completed all of the new hire steps, as the recruitor said I had 24 hours to complete and doing so would forfiet the position. I did drug testing, I-9, fingerprinting, background check, new hire online orientation, and a conference call. Then on 10/01/2010 I recieved a call from the recruitor saying that my offer was being rescinded, because I was listed as job abandonment by Chase . I was at a loss for words for a moment. I asked the recruitor exactly what she was talking about. She said that when I had previously worked for Chase that I was listed as job abandonment. I told her there was no way that was correct information and that I wanted to talk to the person that told her to rescind my offer because of that information. She said that it was the decision of the HR business partners and she could relay my concerns to them. I told her she needed to do that immediately and I told her the correct information about my previous employment with Chase. Which is I worked for Chase from 08/2003-10/2003. I gave a 2 week notice and then left the company. I left, because when I was hired, I was hired as fulltime, M-F, 8am-5pm. After my training period I was told I was going to have to work 10am-7pm. I could not work those hours. Also, I tried to get back on with the company in 2008 and they were more than happy for me to come back. They offerd me the job I accepted, then they told me it was a temporary position and if there was not a fulltime position available when the temporary position expired, that I would have to wait 4 months before reapplying with the company again. At that point I turned down the offer, because I needed fulltime and was not willing to take a chance. Now, when applying with Chase it specifically asks if you have ever worked for Chase before, and if so when. I correctly and honestly answered the question on the application. The recruitor even asked and I answered honestly and correctly. Right before she offered me the job verbally she said that she could not find anywhere that I had worked for Chase before. I told her that was odd, she agreed. She then offered me the positon and the whole process described above started. So, now the recruitor has informed the HR business partners of the real situation, and they have put my offer on hold to investigate the situation. I told the recruitor she had no legal right to recsind my offer, and I have already been replaced at my current job and I turned down another offer the day after I signed the written offer, because I was told that I was committing to Chase for 1 year. The job start date was less than 2 weeks away once I signed the written offer, so I had to tell my present employer immediatly that I was leaving. I told the recuitor I was going to seek legal counsel to see what my rights were regarding this whole situation. Now I am waiting to see what exactly Chase is going to do when they are done with their so called investigation. Now I have no job, no prospect of a job, and Iam being feed a bunch of lies from Chase.
By admin, October 4, 2010 @ 10:30 am
Amazing story Jessica. Clearly Chase’s ethics are twisted. To require that you not take a job with a competitor for 1 year because you signed the employment offer, whether or not you actually started with them is, I suspect, not likely to be enforceable in court, and they probably know this. Like many things Chase does, they count on the fact that most people won’t fight them when choosing a policy, rather than doing what is legally and ethically correct.
I truly hope that you do take this fight to the proper conclusion. The bottom line is that unless people are willing to fight entities like Chase when they do wrong, they will continue to do so. Perhaps the best way to force them to behave is to make the cost of not-behaving too great, and that means people like you and I fighting them even when it is a pain and takes up our valuable time.
By Jessica, October 4, 2010 @ 11:16 am
Thank you. Chase picked a fight with the wrong person. I do not let anyone take advantage of me. I am researching like crazy to get anyone else this might have happened to onboard with me.
By jamie horton, September 19, 2011 @ 9:31 am
Exact same thing just happened to my fiance. Did you ever take this to court? Interested to see if we should persue the court option as well.