can i sue chase bank for selling my mortgage with good credit during a HARP application?

by 350.org

Question by Daniel G: Do personal loan underwriters spend a lot of time verifying income or do they rely on credit score?
Do personal loan underwriters spend as much time as mortgage loan undertwriters verifying income? I know mortgage loan underwriters spend days checking a loan and have tools to check docs. Do personal loan underwriters follow the same guidelines?

Best answer:

Answer by kelly
yes they do they need both statements and information that support what you have written down to make sure that you are not a risk worth taking.

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by marsmet526

Question by Allison: why is my FHA mortgage banker refiance taking so long?
We have had our complete FHA refinance package with the underwriting 2 weeks today. The loan officer tells us that it’s a more difficult file to process but says all looks good. I asked if they want to see any more documention and he told us that they haven’t asked for anything. We are getting concerned. If everythink looked fine, symptoms but they wanted some more documentation, wouldn’t they approve with stipulations? What could the hold up be? And at what point do we walk away and go with someone else?

Best answer:

Answer by MoneyMonkey
Sometime the squeaky wheel gets the grease. Ask him for a deadline, and keep calling him politely every day until it is complete. Ask him outright if you should be looking for a loan elsewhere.

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Question by Manny: can i sue chase bank for selling my mortgage with good credit during a HARP application?
During my application for modification or refinancing program to get a lower rate, information pills after 4 month
back and forth with paper work, without any detail explanation, the letter said I was not qualified
I never been late in payments, our credit scores were above 740 & 760 and we could make our payments,but our mortgage was underwater and this was the purpose for refinancing.
Two month later our mortgage was sold to LBPS/Seterus a motrgage service company.

Best answer:

Answer by A Hunch
Seturus a mortgage service company. They don’t own the loan, so Chase couldn’t have sold them the loan. They service the loan for the owner.

Was Chase the owner? Is Chase still the owner? Was Chase ever the owner or were they a servicer too?

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