JP Morgan Chase foreclosing on a vet? Well here is the story on Marketwatch:
On December 4, 2012, Steve Dibert, President of MFI-Miami, an internationally recognized leader in investigating mortgage fraud, wrote on his website that the rogue foreclosure against Jeffrey Reed, a former Green Beret and combat veteran of Operation Desert Storm by JPMorgan Chase, could destroy Jamie Dimon’s chances of becoming the next U.S. Treasury Secretary.
MFI-Miami claims this nightmare began for Mr. Reed, his wife and his disabled son after they signed a loan modification agreement with JPMorgan Chase in September of 2010. When Mr. Reed made the third payment of the modification agreement, JPMorgan Chase, N.A allegedly reneged on the deal and through their attorneys Trott & Trott began a process referred to as “Dual Tracking”. This is a process in which a mortgage servicer makes the homeowner believe the servicer is working on their behalf when in reality the servicer is covertly foreclosing on them.
Aside from allegedly reneging on a signed contract, MFI-Miami believes JPMorgan Chase violated several Michigan laws during the foreclosure process and was brazen enough to cheat the state of Michigan and Leelanau County out of the Michigan Real Estate Transfer Tax when JPMorgan Chase deeded the house to Fannie Mae during Mr. Reed’s redemption period. The documents supporting MFI-Miami’s claims can be seen on MFI-Miami’s website.
You can read the documents supporting the claims on MFI-Miami website.