chase foreclosures short sales: Chase Chimes In About Morals
- 07/07/10 12:34 PM
Chase chimes in about what is moral.
Lenn, you are going to have a field day with this one! Frank Rubino Vice President of Chase Homeownership Center in Orland said that Chase is participating in the HAFA program but that the program is "not meant for homeowners who can afford their mortgage but want to walk away from an upside- down loan." (reported in the Orlando Sentinel) The holier than thou Vice President goes on to say: "It's not right. It's not moral. It's not the right thing to do. Why would customers look to the bank to substantiate a … (22 comments)
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chase foreclosures short sales: Chase Pulls Out The Stops On Short Sale Flippers!
- 08/05/09 01:52 PM
Chase pulls out the stops on short sale flippers. They are adding short sale flippers to their black ball list on a daily basis. Yes, Chase has a black ball list of companies that they will not approve short sales for. These consist mostly of Short Sale investor companies that flip the properties during escrow or put the properties in trusts. The trust twist was working quite well and there is are legal ways to do all of this. But just because it is legal it does not mean that lenders are going to approve the offers from these companies.
It … (14 comments)
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Chase chimes in about what is moral. 
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