Mortgage crisis
September 26, 2009 | boynton beach, Florida | Vetting explained
I sold my home back in April in a short sale,because i recently got lay of. CHASE ask 3,000 at closing to allow the short sale, but now CHASE is requiring me to pay the full balance of the loan after they've allowed me to close even though I'm not working. when I tried to do a modification under the Obama plan, my lender told me that they could not do it because I was not working. Can Chase do that I thought the banks received money for those bad assets (i.e short sales, homes that are worth less then the loan) AND TO HELP THOSE WHO CANT MAKE PAYMENTS... Can someone please help???? I THINK THE BANKS ARE TAKING ADVANTAGE OF PEOPLE.
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