Actual copy of a letter sent to Chase Bank's Mortgage Division.
To Whom It May Concern (Which I Doubt Is Anybody Within Your Organization):
I find the behavior of Chase, its employees involved in the matter of loan [loan number removed] and the company's overall business practices pertaining to [address removed] of said loan to not only be deceitful, manipulative and subversive but highly unethical, misguiding and downright disgusting.
Mine is not a question of accountability as it pertains to my foreclosure. I got in over my head and have suffered the consequences. Mine is a question of integrity and character as it pertains to your organization. I have seen nothing to show me that Chase Bank possesses either.
I chose to pursue the "short sale" option provided by your company because I believed it was the right thing to do. I believed that, as it was a poor decision on my part that got me into this situation, I would do my best to get myself and my lender out of this unenviable matter with as little work as possible on the lender's part. However, as I have found out through this five month process, those kind of ideals, ideals that possess stature and conviction, mean nothing to Chase.
I made my position abundantly clear in a written letter at the very start of this pursuit (which your representative, "Crystal", acknowledged receiving) that I could not afford the closing costs should the home be sold. After more than a month of waiting, Crystal gave my Realtor word that Chase wanted us to proceed. In less than two weeks we found a buyer who submitted an offer. Then we waited for Chase's response. And waited. And waited.
And waited.
A month and a half went by, I went further into foreclosure and Chase finally accepted the offer. A closing date was set for July 7, 2008. I was served with foreclosure papers two days later on June 14, 2008. If the house didn't sell, Chase would pursue a foreclosure judgment against me for the total sum of the house minus whatever they received at auction. If I didn't file an official paper with Chase's local attorney (i.e. spend money I don't have on a lawyer to check "yes" or "no" in certain boxes on one sheet of paper) by July 15, 2008, Chase would assume that "I accepted to be true" everything they were charging me with.
I figured, because of my understanding with Chase's commitment, that the house would be sold a week before the paperwork was due and did not file any paperwork with the attorney I don't have because I don't have any money.
But little did I know the devious tactics big, unfeeling, poorly attentive businesses like the deceitful swines at Chase Bank had up their sleeve. Your company stalled the deal over $6k in closing costs, which you acknowledged I could not pay from the beginning, and both "Crystal" and her supervisor ignored over 40 emails and phone calls in 5 days from myself, my Realtor and my closing attorney.
The buyer's contract expired, you lost a sale, my Realtor and my closing attorneys lost compensation for a contract in which they both lowered their rates but worked twice as hard for, and I lost my home and my ability to walk away from our contract with mutual satisfaction.
You are a den of misguided, heartless, malcontented thieves. Everyone of you, from the top down, should be ashamed of the way you treat people. You are without empathy or integrity. You are robbers of honor, class and dignity and the sooner your company ceases to exist the better off anyone subjected to debt owed to your company will be. You are sad, impotent, penurious feudal lords. You disgust me.
But I'm nobody and you don't care. I'm just a loan number and an address.
I believe your actions in this matter have perpetuated the mortgage crisis and credit crunch our entire nation is feeling. I believe you have not made it possible to do the right thing, just impossible. I believe you have taken what is a mentally, physically and emotionally exhausting personal situation and exacerbated it. I believe, in the end, your company will have spent more money than it gained in the matter of loan [loan number removed] and I believe I'm not the only one of your customers you have done this to.
However, for a fact, I know one thing to be true: Chase has lost a customer. And I will do everything in my power to convince others that purchasing anything from your company is an investment in impertinent business practices.
I may have nothing financially. But, as your behemoth monstrosity of a company tries to take my very last dime with cold and merciless claws I have something you sorely lack and cannot buy. Ever. I have integrity. What do you see when you look in the mirror anymore? Greed is simply an empty virtue to those lost souls who have forgotten, or never had the pleasure of knowing, the rewards of compassion and believe in that gingerly constructed paradigm that knows neither truth nor joy; that the wallet is the measure of a man.
Enjoy your new home at [address removed]. I hope your arrogant, pretentious and dastardly actions were worth it.
With regards to the regardless,
Craig
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