Yet Chase Bank continued to abuse the opt out right of their customers, resulting in another class action lawsuit against Chase Bank.
Although MSNBC "broke" this story on January 17, 2011, my sister blog, parallel foreclosure, actually carried a warning article about this possibility on January 02, 2011.
Chase Bank gave huge bonus incentives whenever a sub prime mortgage was sold to a minority, even if the minority qualified for a regular mortgage!
Chase Bank forces homeowners to carry excessive and expensive flood insurance, resulting in a class action lawsuit against Chase Bank.
Chase Bank routinely altered or hid credit information to maximize a customers alleged debt.
Parallel Foreclosure appears to be a clear violation of two constitutional tenets and in another time and place Parallel Foreclosure could be considered an impeachable act since president Obama claims the practice of parallel foreclosure is legal and he has sanctioned it, when it is actually a violation of the constitution.
Please Download the Chase Bank Protest Protest Flyer for FREE, and then all that needs to be done is just give a few copies out, it is really that simple.