Consumer complaint received 2024-04-01
Product: Mortgage — Conventional home mortgage
Issue: Applying for a mortgage or refinancing an existing mortgage — Changes in loan terms during the application process
Company: JPMORGAN CHASE & CO. (GA)

Sir, Complaint background submitted XXXX below : Documents per your request, I am disputing the Principle Balance of {$220000.00} per statement. Statement received from Chase balance {$86000.00}. 

Please note reference : Payment for the amount of {$480.00} was made on XX/XX/XXXX and payment for the amount of {$600.00} was transferred by Chase to XXXX XXXX on XX/XX/XXXX. 

Ongoing inquiry ( Response from both Mortgage Companies could take 15 to 30 days ) : - Consumer Financial Protection Bureau on the Principle Balance dated XX/XX/XXXX, complaint sent to both Chase Mortgage Banking and Select Portfolio requesting documentation - Letter sent to both from Attorney requesting documentation on principal balance since CFPD recommended Legal representation should address the issue with principal balance - Requested a copy of the Loan Modification ( HARP XX/XX/XXXX ), in which {$47000.00} was the principal balance for a fixed rate of 1 percent and payment of {$490.00} dollars. 
- Requested a copy of my payment of {$480.00} XX/XX/XXXX - Currently trying to obtain all 1099, 1099c ( Cancellation of Debt ), and 1098 from the IRS to verify principal balance of {$86000.00} **Submitted a Loan Modification request to Select Portfolio ( XX/XX/XXXX ), but after finding out the error on the principal balance, I deferred the process until we resolve the principal balance of {$220000.00} As of XXXX statements ; My son ( XXXX XXXX XXXX was paying the mortgage, he requested copies of the Cashier 's Check from XXXX XXXX XXXX XXXX ( Pending receipt ). 

Lastly, I wrote a response letter within 60 days that disputes the principal balance of {$220000.00} to XXXX XXXX. Also, I contacted Chase Mortgage in reference to the amount of my loan transferred, which was {$130000.00} on XXXX XX/XX/XXXX. I contacted XXXX XXXX today, and I was informed that my account is in good standing and my payment is not due till the XXXX of the month with a 15-day " grace period '' The statement of Chase Mortgage refers to the amount of {$130000.00} with a ( XXXX ) deferred balance. The deferred balance was a part of the {$130000.00}. Chase added the deferred amount of {$90000.00} to the principal balance ( XXXX ), which is a mistake they acknowledged over my telephone conversation. 

Please let me know what my options are, should I file a request for " Stay '' be in place or should I have the Stay lifted and sue both Mortgage Companies on the Principle Balance. 
================================================================= As of XX/XX/XXXX Reference to CFPB XXXX XXXX XXXX XX/XX/XXXX, against Chase Mortgage resolution in which XXXX XXXX dollars was forgiven for several other banks to forgive properties for bail out money. 

My home was a sub prime mortgage and should be eliminated from paying mortgage. 
Request my title free and clear from Chase mortgage as Select Portfolio Informed me that my Lender is still Chase Mortgage. 

Chase was given bail out money to eliminate sub prime mortgage and they failed to clear out my mortgage account. I request a clear and free title and elimination of my mortgage debt. 

At the time of my initial request, the past issue was an ongoing investigation on the submprime mortgage and predotory leading practices.