Originally posted by tyson24
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well what's MOST interesting about our situation is the mortgage is an FHA...and had PMI...so it's federally insured and backed, however, to COLLECT from the FHA...first Chase MUST go through the foreclosure process and have a sheriff's sale...i called FHA...chase has put in NO claim for reimbursement of our loan as yet....and WHY is that...because they have NOT foreclosed.
i don't exactly understand who chase THINKS they are screwing...because it's NOT Me.....!! LOL!!! after all, what?? so it sits on my credit report for 10 years as a 0 balance with IIB....ok...so be it.
in as much as our names being on the deed...chase just cannot transfer the property without a "clear" title....which will NOT happen until our names are, in fact, removed off the deed....it's NUTS!!

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