Chase Bank: Give Kim Cassidy a Permanent Loan Modification
  • Petitioned Thomas Kelly

This petition was delivered to:

Spokesperson, JP Morgan Chase
Thomas Kelly
President and CEO, JP Morgan Chase
Jamie Dimon
Home Lending Executive Office Supervisor, JP Morgan Chase
Kevin Cook
JPMorgan Chase

Chase Bank: Give Kim Cassidy a Permanent Loan Modification

    1. Petition by

      Kim cassidy

      Powell, MO

December 2011


December 22, 2011

Chase Bank has officially approved Kim and her husband Lotus for a loan modification that reduces their interest and monthly payment. Just in time for the holidays, the Cassidys will now be able to avoid foreclosure and stay in their home in Missouri.

Earlier in the month, JP Morgan Chase was singled out by the US Treasury for its failure to work with homeowners to avoid foreclosure. After over 2,750 people signed Kim's petition to modify her loan, Kim was able to stop her foreclosure and protect her home.

Kim sends her thanks to everyone who took action and said, "what a great gift you all have given us: our home!"

Chase Bank is attempting to force me and my husband out of our home of Powell, Missouri.  

In 2007, we fell victim to a "mortgage rate swap" scheme. When we were in the market to buy, our home dealer told us that our monthly payments would be $548/mo. There was even a contract that laid out the numbers, in black and white.

However, the day of the signing, we were informed that our loan had just been bought by JP Morgan Chase, and that the actual monthly payment was going to be $848/mo—$300 more than what was originally agreed upon.

We were shocked and confused, to say the least, but didn’t want our dream of owning a home to die.  So, we signed.  

Almost immediately after the signing, the company that built our home called and told us that there were a number of things that needed to be updated on the property--install a new septic tank, a foundation block, new carpet, etc.

The maintenance costs started adding up, and we foresaw some tight financial times, so we contacted Chase bank for relief.

After months of back and forth, Chase told us that they were unwilling to lower our payments to help us stay in our home.

To make matters worse, in January of this year, my husband suffered from an Atrial fibrillation heart attack and was placed on disability. 

Almost overnight, we were forced to live on a fixed income of $1131/mo through Social Security, and we soon fell behind on our mortgage payments.

We contacted Chase again, knowing that we qualified for a permanent loan modification under HAMP.  The "best" solution the bank would offer was an $1171/mo payment--$40 more than our entire monthly income.  Chase is aware of our financial constraints and the original agreement, but they refuse to provide any type of real relief.

We need a reasonable loan modification, and for the bank to recognize the original agreement that was made with the home dealer company before Chase bought the loan.

JP Morgan Chase has the opportunity to do the right thing for Louis and me, but we need your help to put public pressure on the bank. 

Will you please sign my petition?


Recent signatures


    1. Victory! Kim approved for loan modification!

      Timothy Newman
      Petition Organizer

      Kim and her husband, Lotus, have just been approved for a loan modification that reduces their interest and monthly payment. Just in time for the holidays, Kim sends her thanks to everyone who took action to win this campaign!

    2. Progress! Foreclosure on hold for now

      Timothy Newman
      Petition Organizer

      Due to your actions, Kim's foreclosure is currently on hold as Chase Bank determines whether the Cassidys qualify for a loan modification. This is a big step forward, but keep spreading the word about this petition to help Kim achieve her main goal: a permanent loan modification.

    3. Treasury Singles Out Chase for its Poor Job Helping Homeowners

      Timothy Newman
      Petition Organizer

      Yesterday, Treasury issued a new report singling out JP Morgan Chase for not doing enough to help homeowners avoid foreclosure. Keep spreading the word about Kim's campaign to ask Chase Bank to help her stay in her home.

    4. Reached 2,500 signatures
    5. Interested in interviewing Kim and her husband?

      Jess Kutch
      Petition Organizer

      We can arrange interviews with the petition creator. Please contact to request an interview with this homeowner.

    6. Reached 1,500 signatures


    Reasons for signing

    • Tara Wright WILMINGTON, OH
      • almost 3 years ago

      There are thousands more in the same boat, banks are not modifying loans in any timely fasion, i myslef have been in the process for 4 years now and am still wating for them to finalize my paper work. 4 YEARS! meanwhile the "modification" they are giving me doesnt lower my payments what so ever. I have no clue who owns my mortgage now, and i cant get the people doing my modification to give me any kind of statement showing where my payments are being appied to my mortgage! please also sign my petition at

    • Kristiane Chappell VALLEY CENTER, CA
      • almost 3 years ago


    • Jessica Garcia BLUE EYE, MO
      • almost 3 years ago

      I am a single mother of three that just relocated to Blue Eye, MO due to the foreclosure of my home to First Mortgage Co. in Rancho Cordova, CA. I want to see others over come and beat these heartless money greedy mortgage companies pay for what they are doing to families across America.

    • DeGuyz in Mississippi POPLARVILLE, MS
      • almost 3 years ago

      Your history and legacy should NOT repeat itself.

    • Patricia Rahikainen GREEN BAY, WI
      • almost 3 years ago

      what these banks are doing is so wrong on so many levels.


    Develop your own tools to win.

    Use the API to develop your own organizing tools. Find out how to get started.