Chase Manhattan Bank Complaint - 2nd Mortgage Foreclosure Sale
I changed from a good 2nd Mortgage to a Chase Home Equity line of credit in 2007. Made timely payments until the economy went South and lost 40% of my income. I tried twice to get Chase to modify my high rate of 9.25 and they gave me the runaround for months and never gave me a straight answer. I went online to pay my bill and they disabled my login etc: To make a long story short I lost my job in April 2010, have savings enough to pay them until I get on my feet but they won't take my money. My 5 months past due plus late fees comes to $3,200 but they wouldn't allow me to even pay them $5,000 and resume monthly payments and told me my loan was being charged off.
They are forcing a foreclosure sale even though they are in a 2nd lien position. This bank is heartless and I just want the world to know.