This is a very very important story. The CBS 5 news reporter, Sarah Buduson, has clearly and concisely exposed how Chase Bank is stealing people's homes!
While Chase Bank negotiates to your face over a home loan modification, Chase Bank at the same time is also spending tons of money to process all the necessary paper work to foreclose on your home!
One of the basic tenets of a civilized society is to first communicate with the other side and then allow them a certain amount of time to respond to the request, then and only then does one proceed the case to the next level!
Hello JUDGES, DON'T YOU HAVE THE INTELLIGENCE TO ASK CHASE BANK IF THEY ARE STILL NEGOTIATING WITH THE HOMEOWNER BEFORE YOU APPROVE THESE FORECLOSURES? ARE YOU JUDGES THAT OUT OF TOUCH! ARE YOU REALLY THAT ENABLING OF HIGHLY QUESTIONABLE BEHAVIOR?
It's as if Chase Bank views the home owner as a rent ransomer and Chase Bank is merely stalling them while their own foreclosure swat team moves in to have the home owner removed.
In this instance, Chase Bank only admitted they made a mistake when the news media got involved!That is how a bankster behaves. The home owner wants to stay in their home and willingly comes in to communicate their desire to Chase bank. What does Chase Bank the Bankster do? Chase Bank the bankster actually stalls the homeowner while preparing the papers to foreclose and sell their home even when the homeowner is actually complying with Chase Bank's requests!
You all should check out my Robots Against Chase blog. There is an actual video of a homeowner who went through the very same thing as the couple in this video and he describes in agonizing detail how Chase Bank simply ignored his payments and kept processing his foreclosure papers!
Putting resources into repossessing a home when the homeowner is trying to work with Chase Bank makes Chase Bank business practices an enemy of the people, and the judges who placate them are the biggest enablers of all.
I believe the reporter should go find the judge who signed off on the foreclosure paperwork and ask that judge why it is ethical to proceed with a foreclosure when the home owners are still in negotiations with the bank over a home loan modification.
Don't forget, the Cat Who Ate Chase Bank Book, coming in early 2010.
(Edit note, I was informed on a loansafe dot org forum that not all foreclosures and evictions require a judge's signature, even when law enforcement shows up to evict the homeowner!)