MFI-Miami Warns JPMorgan-Chase Foreclosure Against Former Green Beret Could
Destroy Jamie Dimon's Chances At Becoming Treasury Secretary
Detroit, Dec. 4, 2012 (GLOBE NEWSWIRE) -- 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.
"Let's face it, it is not cool to jerk around veterans especially Green
Berets or Navy SEALs,"MFI-Miami President Steve Dibert explains, "Aside from
it being bad karma to jerk around combat veterans, it makes Jamie Dimon and
his crew look un-American and like a bunch of ingrates. Men like Jeff Reed
dodged bullets for the rest of us who didn't have the cojones to sign up."
JPMorgan Chase CEO Jamie Dimon could be the one who faces serious
repercussions for the actions that JPMorgan Chase management has taken against
Jeff Reed since Dimon is on the short list to be nominated as the next U.S.
Treasury Secretary in January. Any bad decisions made by JPMorgan Chase
management in Reed's fight to keep his home could destroy Dimon's chances of
being nominated or being confirmed.
"This is a clear sign that the management at JPMorgan Chase and the attorneys
at David Trott's law firm have lost all sense of reality when it comes to
dealing with not only homeowners but with combat veterans," said MFI-Miami
President Steve Dibert, "First of all, you shouldn't jerk around veterans
period. You especially don't pick a fight with someone who's been trained in
guerilla warfare, to ignore pain, to ignore weather, to live off the land and
to eat things that would make a billy goat puke."
CONTACT: Contact:Steve Dibert, President, MFI-Miami
Telephone: 888.737.6344 Ext. 701 (U.S & Canada) or +44 020.3239.0727 (UK)
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