Pre-Chase WaMu foreclosure lawsuit
I’m a little confused about who they actually settled with, but a couple recently settled a lawsuit originally filed against Washington Mutual in 2008, before WaMu’s seizure and sale to Chase.
What is interesting though is the description of how they were treated by WaMu:
Lori Pestana contacted Washington Mutual, based on its public statements that the bank was interested in assisting distressed borrowers through its Homeowners Assistance Program. The lawsuit states that a company representative told her that to qualify, the couple had to be 50 days delinquent. So, she said, they didn’t pay.
When the Collections Department contacted her in the first week of September 2007, the agent explained that they would need to fill out a form for the program and return it. Lori Pestana offered to mail partial payments, but she was told that would disqualify her from the program.
Instead, on June 30, 2008, the couple were served with a summons and complaint by the Federal National Mortgage Association seeking to evict them.
Sounds familiar, right? This is exactly the kind of thing that Chase is accused of doing, telling homeowners to stop paying their mortgage and then foreclosing on them. Seems like this behavior isn’t new with Chase after all.
Foreclosure, Loan modification, WaMu failure | admin June 16, 2010
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By fred, December 3, 2010 @ 5:11 am
Yes – JP Morgan Chase and Washington Mutual illegally robbed us of our million dollar horse farm in RI by first ignoring every effort to pay it off, sell it, short sale it, refinance it to us or to our buyers, over a two year period that we paid our full huge gigantic mortgage, but then our attorney was notified of a foreclosure 90 minutes before the foreclosure sale where no one showed up but me! Instead of letting us sell it – like they said – they grabbed it themselves. The next day while we were at a wedding, they broke in, stole everything we owned, changed the locks, and lied to the police chief – “No one lived there, the place was empty, and the door was left opened!”
SCUM BAGS TO THE MAX _ WE want to sue them. Our case is 100% exceptionally well documented. Anyone know of a class action suit involving RI?
By Katrina Porter, December 3, 2010 @ 8:10 pm
How can I find out about Chase Class Action Lawsuit. Please call me at 770-493-8303
By brad, January 31, 2011 @ 7:20 pm
is there a class action suit against chase? i’ve been tryhing to work through short sale and in lieu of deed but they keep giving me false info and shuffling my case back and forth between departments. I want to sue them.
By Valerie Greenberg, July 7, 2011 @ 2:22 pm
Dito happened to us — -all of the above.
If there is a class action lawsuit,
PLEASE send me info.
Thanks!