Consumer complaint received 2016-07-13
Company: JPMORGAN CHASE & CO.
State: CT
Product: Mortgage
Sub-product: Conventional fixed mortgage
Issue: Application, originator, mortgage broker

Complaint:
" We have XXXX set of laws on the books, but there are XXXX legal systems : XXXX for the rich and powerful, and one for everyone else. It 's not equal justice when a kid gets thrown in jail for stealing a car, while a CEO gets a huge raise when his company steals billions. Want to see the rigged game in action? Tomorrow, the House will be voting on a XXXX bill that would make it much harder to investigate and prosecute bank fraud. The American people remember who broke our economy & who made out like bandits - and they did n't send us here to help the bandits. To anyone XXXX who thinks they can simply talk tough on crime and then vote to make it even harder to crack down on corporate criminals, hear this : I promise you - I promise you - the American people are watching. '' XXXX XXXX. How do I identify with the above? Have been the victim of JP Morgan Chase mortgage fraud and they have all managed to either skirt the law or use their clout to squash any litigation. Do not believe me? Read the article by XXXX XXXX of XXXX XXXX and the interview with XXXX XXXX. Gives you a quick view of what you are up against. My story is very simple. Applied for a mortgage reduction and did not realize that JP Morgan Chase was the judge & jury in determining who they would approve or select for foreclosure. Yes, while taking government bailout and promising to help consumers, JP Morgan Chase was creating incentives/commission for every foreclosure and acquisition of real estate. Menawhile, if you were XXXX, you did not even have to fill out the forms for mortgage reduction, it was done for you. XXXX, a different story. They had trouble finding/receiving all papers : therefore you do the process over and over until your home is taken away from you. How do I know? It happened to me. XXXX+ representatives from JPMorgan Chase and not one could find a single sheet of paper in my file or receive all documents in its entirety for two solid years. Bear in mind, I did not take out the mortgage with them, they pursued another bank - fresh with government money and did a hostile takeover. They were later sued. Now I have the privilege of trying to undo this wrong and have met with some arrogant characters from this bank. They have used this forum as a merry-go-round : always providing " PARTIAL RESPONSE '' means another arrogant fool will call me to tell me that they are again going to research the 'VERBAL '' mortgage that had nothing in the file for two years..and provide an answer. Always the same lying response. Refuse to answer the question of compensation to foreclose on homes, admitted that the mortgage was verbal, admitted that XXXX inspectors did not come to my home : offered a paltry {$15000.00}. ( XXXX XXXX ) as compensation when you have ripped me off for almost {$300000.00} and the XXXX nerve to tell me that it is off the table like I had any interest in that paltry amount. JP Morgan kept XXXX books - one showing my monthly payment and another hidden one with the {$300000.00}. incremental. Their staff could not even agree on the reason for this. Arrogant representatives from the Executive Office : Like Chase I will also use this format to advise the government but with an audience of over XXXX XXXX in XXXX and my XXXX, I will get justice. Dishonest, fraudulent, arrogant and inept group who use their contact in the legal system to stifle any charges!! We will see. I am committed to bringing Chase XXXX XXXX to justice and all the arrogant 'yes men ' that he has surrounded himself with. There is an old phrase " there are many ways to skin a cat ''. I am not afraid to take them on and as of today, having played by all the rules, WILL TAKE THEM ON. XXXX XXXX can do what he and his cohorts want to do..but you are on notice effective today. Dishonest XXXX.

Company response to consumer: Closed with explanation