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Ed Cage
Reply with quote  #1 

EMC/Chase and Assurant Insurance’s Big Secret Scheme

7/17/2007  -  SEC Assurant Investigation  - -  Three more senior Assurant executives, including CEO Robert Pollock and CFO Philip Camacho, have received Wells notices from the SEC. That brings the total number of Assurant (NYSE: AIZ)* executives in front of the SEC firing squad to five: two vice presidents were singled out earlier in July 2007.         

Yet earlier this year on 1/22/2010 the SEC slapped Assurant with a $3.5M fine for “cooking the books.”

          But it appears Ron Pollock and Assurant have still not learned their lesson and have in fact expanded their scheme to abuse and cheat their own customers. The biggest revelation concerning Assurant Insurance CEO Ron Pollock may be this year when on 10/20/2010 I informed EMC/Chase JP Morgan that I had uncovered their semi-stealth but massive LPI** insurance scheme in collaboration with Assurant (Formerly Fortis) and an Assurant Insurance decoy for Assurant/EMC/Chase JP Morgan insurance fraud on a grand scale:

>>>>>American Security Insurance Company<<<<<

.

I cannot imagine ASIC is unaware of what is going on but I intend to give them every fair chance to explain their role. – Confirmed key individuals involved in this recently discovered colossal LPI** insurance deception scheme are Laura Wood (SUPERVISOR AT TWO DIFFERENT COMPANIES) of EMC Insurance as well as Assurant Insurance, Stacey Smith (key player) of the Chase JP Morgan Executive Office, and Deana DeLaura of Bear, EMC, and Chase JP Morgan. At this point I told EMC/Chase that I had the money to buy out of their cesspool of endless fraud and I requested my payoff and was told it would be faxed to me on 10/20/2010. It never came despite repeated requests, promises. 
1)       Instead Stacy Smith of Chase JPMorgan illegitimately boosted our monthly payments by a thousand dollars.
2)       They closed all access to our account by any and all venues, online access, customer service access, etc.
3)       When I asked Stacy Smith of Chase executive for an explanation she promptly hired a law firm (Quilling, Selander, Lownds, Winslett & Moser) to deal with the matter.
4)       Our EMC/Chase account numbers which were previously accessible in detail are now completely “Locked Out.”
5)       Access to our EMC/Chase account is now prefaced with this bewildering disclaimer: “Please be aware that you are leaving the EMC Mortgage Corporation (EMC) website and have selected to link to a third-party website not controlled or supervised by EMC. EMC does not review, verify, monitor or endorse the timeliness, relevancy, accuracy or quality of the website or the information or other contents available on or through such website. EMC provides no warranty of any kind, express or implied, with respect to the third party website or the information or other contents available on or through such website. EMC shall bear no responsibility for such information or other contents.”
6)       FACT: Our account payment has never been late in over 3 years since I initiated automatic electronic payments because EMC was holding our payments.
7)       FACT: After 2 months neither EMC/Chase JPMorgan nor their hired law firm Quilling, Selander, Lownds, Winslett & Moser have been able to give me any access to our own account in any form.
8)       FACT: After 2 months neither EMC/Chase JPMorgan nor their hired law firm Quilling, Selander, Lownds, Winslett & Moser have been able to give me the payoff figure I requested on 10/20/2010.  Incredibly EMC/Chase’s own law firm is also blocked from access to our 100% current account. 
 
* Assurant is "AIZ" on the Dow Jones; my intention is to report Assurant Inc. “AIZ” to the SEC for fraud as early as next week.
** See Don Coker at http://www.hg.org/article.asp?id=7232  for an explanation of LPI insurance and its limitations.
.
We have both the money to pay in full and the *truth* on our side,
Ed Cage  |  ecagetx@gmail.com  |  I am easy to contact but be prepared to hear the truth.
CC: The Wall Street Journal


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Ed Cage
Reply with quote  #2 

Among many new EMC/Chase schemes to defraud is this latest one week old gem posted as a direct result of my highly effective exposure of criminal and fraudulent book-cooking at Chase JPMorgan/EMC:
- - - ON:
https://www.emcmortgagecorp.com/EMCMORTGAGE/fidelity.jsp

"Please be aware that you are leaving the EMC Mortgage Corporation (EMC) website
and have  selected to link to a third-party website not controlled or supervised by EMC. EMC does not review, verify, monitor or endorse the timeliness, relevancy, accuracy or quality of the website or the information or other contents available on or through such website.  EMC provides no warranty of any kind, express or implied, with respect to the third party  website or the information or other contents available on or through such website. EMC  shall bear no responsibility for such information or other contents." *
- - - OFF

This is the latest attempt to cheat customers and illegally create cash flow to the now 
bankrupt corporate hull known as EMC Mortgage Servicing. Since Chase CEO Jamie Dimon and Chase JPMorgan purchased the defunct crime syndicate known as Bear & EMC they have pumped vast sums of money into this corporate hull now functioning as a primary source for creative new and many old illegal mortgage scams. I had a Chase account for 27 yrs but when we wanted to re-finance unfortunately Town & Country had a better rate so we went with them. We wound up with the

Satin of mortgage fraud crime and deception: EMC.
(Now EMC/Chase JP Morgan)

.
This particular scam works like this: I asked for a payoff 2 months (Documented) ago and Chase Executive  Stacy Smith of EMC/CHASE promptly shut off all access to our account. No customer service, no further access to our balance, increased our mortgage payment $1,000 a month, mandated that we have no access whatsoever to transactions, suspense account, escrow  account, escrow account balance; no nothing. We have the money to pay off our account but Chase JPMorgan so severely cooked the books that giving us an accurate payoff would have exposed even more criminal and fraudulent manipulations. I called Stacy Smith of Chase and asked why and was ultimately told, "We have hired a law firm; deal with them." **
      This to an account that has never been late in 3+ yrs ever since we set up an 
electronic withdrawal system [AN ACT OF CONGRESS NO LESS] to prevent EMC from holding our payments or misapplying them.

.
Today's 12.21.2010 reading still says:
"Account Locked Out"
"The account you attempted to access is locked. This may be due to several factors 
including too many failed login attempts. Please contact 1-800-723-3004 so that a 
Customer Service Representative can help you access your account."
- - -
Keep in mind I had been checking their print out frequently until I asked for a payoff 
balance. Here's what I need:
1) Feedback from prior EMC/Chase JPMorgan victims and especially former employees.
2) Does anyone know of a precedent for recovering interim interest paid to Chase/EMC 
during an unnecessary prolonged stall to hide their criminal and fraudulent accounting? 
($200+ a month in interest)
3) Since our monthly payment went up $1,000 immediately after I asked for a balance so we could do a payoff is anyone else familiar with the new scams being used to artificially escalate mortgage escrow accounts and balances?
4)  Gross over-insurance coverage on LPI transactions to create a massive slush fund for Assurant Insurance***, EMC/Chase JPMorgan?
.
* The "third party" EMC suddenly refers to 7 days ago is none other than their partner in crime: Chase JPMorgan!
.
** The law firm Stacy Smith of Chase JPMorgan hired rather than answer payoff questions  is Quilling, Selander, Lownds, Winslett & Moser. Once they realized how deeply Stacy Smith and EMC/Chase JPMorgan were involved in multi-layered crime schemes, they ceased to answer pertinent penetrating questions using the lame excuse that it was more important to "be accurate." I agreed with that but I/we have been waiting far too long. In fairness I must say that they too (Quilling, Selander, Lownds, Winslett & Moser) have been blocked if you can believe that. The law firm and specifically Lance Lewis and Marcie Schout have been silent ever since they realized their clients Stacy Smith and Chase JPMorgan/EMC were indeed the "bad guys" as so often happens when dealing with the defunct corporate hull EMC. .  The law firm hired to explain criminal and fraudulent EMC/Chase JPMorgan book-cooking and misapplications of law and codes is also blocked from access!
***Assurant Insurance (formerly Fortis) has already fined millions by the SEC this year, is a major player in fraudulent and criminal insurance schemes across the nation. Their Dow Jones code is "AIZ" and a report to the authorities on Ron Pollock and Assurant "AIZ" will be forthcoming.

.
Respectfully,
Ed Cage
ecagetx@gmail.com
I can easily be contacted but be prepared to hear the truth. 

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It Never Ends
Reply with quote  #3 

Our story began 4 years ago. We, like you, called for a payoff. We did receive the payoff amount ... and the next month a notice of default saying we were three months behind.  Funny, we weren't behind when we asked for the payoff.  Our original loan was with Wells-Fargo which is who we dealt with during the payoff request.  Once the default was filed, the loan was transferred to EMC.

We did not have access to our account before the default and have not been able to get access to our account since the default. They supposedly sent us the password information multiple times, but funny, we never received it -- either by US Mail or by email.  To this day we have not had access to our account.

At the original default time, we did not know about mortgage servicing fraud.  We thought we had done something wrong & we panicked. We agree to a forbearance agreement and we successfully paid off their exorbitant amount that amounted to $1,500 more PER MONTH for one year. 

One year -- almost to the day -- after we finished the forbearance we received a notice of default again.  This time we are supposedly behind 12 months!  After the first round, we paid by electronic transfer from our bank to EMC as well. We kept & tracked everything. We have the documents from our bank that the money was transferred. But we can't get anyone to look at it.  In August of 2009 our house insurance was dropped. Our agent called us to find out if we switched companies or what (we hadn't). Long story--EMC supposedly paid the WRONG insurance co. and we would have to pay for the new policy -- huh?  THEY paid the wrong co. not us.  They, of course, attached forced-place-insurance on the loan.  We did reinstate our policy on our own, but it costs us dearly because now our credit rating is horrible. 

We are now waiting for an answer to a RESPA letter sent in September. I'm not holding my breath. I double we will get a response of much value. Our once much loved home now makes me physically SICK every time I have to go in.  

I can't understand how they get away with the things they are. I can't understand why SOMEONE, SOMEPLACE, SOMEHOW cannot see what is happening.

I'm loosing hope that any justice will ever be done!

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Ed Cage
Reply with quote  #4 

Dear Never Ends:
Something can be done as long as everything you've said is correct - First of all you'll need names, dates, amounts. I'll post what I sent today to the EMC/Chase hierarchy no later than tomorrow. Keep in mind I'm not an attorney but I've worked exposing accounting fraudsters and "book cookers" as the SEC calls Assurant Insurance and Ron Pollock for many decades; primarily with bureaucrats, taxing entities, bonding firms, and government taxes. But a crook is a crook and you and I drew the Satan of all Mortgage fraud: EMC/Chase JPMorgan.
~ Stacy Smith of Chase Executive is a prime example of a hard core criminal drawing an executive salary for deceiving, cheating, intentional omissions, "errors" that always hurt the customer and help Chase/EMC, and false claims to EMC/Chase customers. If Stacy Smith made a hole in one, she'd put down a "0" on her scorecard.
        My primary objective is to expose crime syndicates like Assurant Insurance and EMC/Chase JPMorgan as well as the culprits like Ron Pollock, the infamous "Laura Wood," Stacy Smith and Deana DeLaura of EMC/Bear/Chase. Consequently I'd like to show others how to expose EMC/Chase on a public venue so others can learn. So if you trust me you can contact me at my email below after I post today's letter to Chase Legal and the Chase/EMC Escalation Research Department in Columbus Ohio.
      Rest assured for all his good points and financial savvy JPMorgan Chase CEO Jamie Dimon knows full well when he/Chase purchased the bankrupt Bear/EMC corporate hulls he was buying a white collar crime machine.
.
Ed Cage
ecagetx@gmail.com  

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Ed Cage
Reply with quote  #5 
This particular scam works like this: I asked for a payoff from EMC/Chase JPMorgan 2 months (Documented) ago and Chase Executive  Stacy Smith of EMC/CHASE promptly shut off all access to our account. No customer service, no further access to our balance, increased our mortgage payment $1,000 a month, mandated that we have no access whatsoever to transactions, suspense account, escrow  account, escrow account balance; no nothing. We have the money to pay off our account but Chase JPMorgan so severely cooked the books that giving us an accurate payoff would have exposed even more criminal and fraudulent manipulations. I called Stacy Smith of Chase and asked why and was ultimately told, "We have hired a law firm; deal with them." **
      This to an account that has never been late in 3+ yrs ever since we set up an 
electronic withdrawal system [AN ACT OF CONGRESS NO LESS] to prevent EMC from holding our payments or misapplying them.

.
Ed Cage
ecagetx@gmail.com
I'm easy to conact but be prepared to hear the truth.



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Ed Cage
Reply with quote  #6 

- - - ON:
The great investigative journalist Murray Waas is on the case here, getting hold of “previously undisclosed records” from a case that went to the South Carolina Supreme Court involving a 17-year-old who sued (and won $10 million) Assurant for dropping him. The records come out of that case:

By winning the verdict against Fortis, Mitchell not only obtained a measure of justice for himself; he also helped expose wrongdoing on the part of Fortis that could have repercussions for the entire health insurance industry.
Waas reports that the news was found in two judge’s order denying Assurant motions. And the courts found that Assurant covered its moves up:

“The lack of written rescission policies, the lack of information available regarding appealing rights or procedures, the separate policies for rescission documents” as well as the “omission” of other records regarding the decision to revoke Mitchell’s insurance, constituted “evidence that Fortis tried to conceal the actions it took in rescinding his policy.”
- - -OFF
The truth is Chase JPMorgan/EMC and ASSURANT Insurance [formerly FORTIS] have now embarked on an even greater nationwide insurance scam to exploit LPI (Lender Placed Insurance) criminal fraud. Both Ron Pollock of Assurant as well as Jamie Dimon of Chase JPMorgan/EMC are involved.
.

Ed Cage  |  ecagetx@gmail.com

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Ed Cage
Reply with quote  #7 

An update on the Assurant Insurance and Chase JPMorgan/EMC crime syndicates as well as associated criminals Ron Pollock of Assurant (formerly Fortis), and Stacy Smith of Chase Executive: Since JPMorgan Chase/EMC blocked access to my account after 5 ½ years as soon as I asked for a payoff (68 days ago) I am in the process of reporting scoundrels like Stacy Smith of Chase Executive and JPMorgan Chase/EMC to the appropriate authorities on several levels. I have posted up good faith payoff money. If you have an EMC/Chase account try accessing it and please let me know what new hurdles if any you run in to.

 

~ Is what Stacy Smith of Chase Executive is doing by blocking my account then hiring a law firm to stonewall legal? No it is not.

 

Stay tuned, justice will be served.

Ed Cage  |  ecagetx@gmail.com

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Ed Cage
Reply with quote  #8 
Big nationwide pivotal problems ahead for Jamie Dimon and Chase JPMorgan/EMC. Stay tuned for *Documented* facts.
.
Ed Cage  |  ecagetx@gmail.com
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Ed Cage
Reply with quote  #9 
12.30.2010 @ 4:45pm
.
Beverly Roberts thanks for your very good service. I will pass this on to Chase JPMorgan/EMC and arch mortgage fraud criminal Stacy Smith of Chase/JPMorgan Executive as well as Chase JPMorgan CEO Jamie Dimon.
 .
ONCE AGAIN Arch mortgage fraud criminal Stacy Smith of Chase Executive elected to pay off our 2010 tax balance 43 days before it was due in order to intentionally artificially escalate our escrow balance. This occurred 70 days after I asked JPMorgan Chase/EMC (unsuccessfully) for our documented balance so we could pay off our 5.5 year mortgage 24.5 yrs in advance. This is a crime which I warned Jamie Dimon, Stacy Smith and EMC/Chase JPMorgan about in advance. - I will file/send this to the AG of Texas Greg Abbott, the SEC, and The Wall Street Journal at my earliest convenience to protect others nationwide about the many fraudulent and criminal schemes of JPMorgan Chase. ("JPM" on the Dow Jones if you wish to report them.)
 
.
This is very serious criminal business; NATIONWIDE.
Astonishingly even after 70 days we still have no access to our actual balance or even a response from Stacy Smith or Jamie Dimon regarding this pivotal media worthy news peg.
.
Note to Jamie Dimon: Chase Executive can get a refund on this latest of perhaps 2 dozen  bungled attempts to escalate our escrow account simply by contacting Collin County Tax Collector Ken Maun's office. I have pledged my help in unraveling your latest (An est. 2 dozen such *documented* attempts of criminal fraud.)  .. Yet another sophomoric attempt to commit yet another JPMorgan (JPM) crime of deception on a VAST NATIONWIDE SCALE.
.
FACT: Our entire 2010 tax balance was mailed 13 days ago. It was not due until January 31, 2010.  Our check for $4,419.50 [NOT DUE UNTIL 1/31/2011]  has cleared. Yet once again Stacy Smith of Chase JPMorgan ("JPM") elected to intervene with an unnecessary law firm and one of multiple unnecessary EMC/Chase pre-payments designed to artificially escalate our account. - -   
.
Ed Cage  |  ecagetx@gmail.com
CC: Wall Street Journal; SEC 
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Ed Cage
Reply with quote  #10 
Please contact me if you have ANY examples of Assurant Insurance ("AIZ" on the Dow Jones) using fraudulent or abusive tactics regarding insurance. Supervisor at Assurant (Formerly Fortis) is "Laura Wood;" perhaps a fictitious code name.
.
Thanks for your anticipated input.  
Ed Cage
ecagetx@gmail.com
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Sandy
Reply with quote  #11 
Oh, my goodness, this mess just keeps getting worse. Sorry you guys are going through all of this. I wish you well.
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William A. Roper, Jr.
Reply with quote  #12 
Ed:

There is a very aggressive reporter at the Ft. Worth Star-Telegram who deals with consumer fraud issues in his regular column.  His name is Dave LIEBER.

See generally:


See also:


I realize this may be just outside your market area, but is CLOSE and this guy is pretty good!

Have you sought to energize him as to some of the fraud being perpetrated by criminal enterprises?

I would generally encourage ANY Texas consumers with mortgage related problems to consider contacting Dave.

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Ed Cage
Reply with quote  #13 
Thanks William; I always appreciate your advanced help. I have talked to Dave on another unrelated matter perhaps 10 yrs ago. He's an excellent source.
.   ~~~In the meantime I will advise everyone that one of the primary tricks used by EMC, Chase JPMorgan, Wells Fargo etc., etc., is simply making bogus (intentional) overcharges on your Suspense account or Escrow account. If you don't spot it, they win. ("Oops, a mistake!")  If you do spot it and can talk them to justice they more often than not credit it at a later date costing you a ripple effect of overcharges & under-credits on the respective interest & principal in the interim. They win again.
.
I would like examples from those with similar experiences.
Ed Cage
ecagetx@gmail.com
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