A man from Framingham, Massachusetts may lose his home to CHASE after CHASE makes it impossible for him to pay his mortgage!

Here’s the complete story about a man who is trying to repair his house after extensive damage due to extreme winter conditions.  He received a $50,000 check from his insurance company, but the check is made out to both the homeowner and the mortgage company (CHASE).  CHASE said they won’t sign the check over to the homeowner until the homeowner performs over half of the repairs.  Now that he’s done that (and depleted his savings and retirement funds, and causing him to fall behind on his mortgage), CHASE is saying he’ll have to perform 90% of the repairs instead and catch up on his mortgage before they’ll release the check!?!  I’m sure it’s ILLEGAL for them to withhold the check until he pays up his mortgage – that’s UNRELATED to the insurance payment and would probably constitute fraud on CHASE’s part?!  Typical big-bank attitude – make the customer twist in the wind while CHASE does absolutely nothing except make things more difficult for their customer!  Why doesn’t CHASE meet the homeowner half-way, cash the check and pay 50% of it to the homeowner?  That sounds too simple, huh??

This is just one example why we haven’t done any business with any CHASE company for over 20 years!