JP Morgan Chase Mortgage Payoff Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

This settles a class action alleging that Chase did not provide satisfactions of mortgage or certificates of discharge available for recording within thirty days after mortgages were paid off. According to the complaint, this violates the New York Real Property Actions and Proceedings Law and New York Real Property Law.

Docket Number:

14-cv-3139 (NSR).

Company: JPMorgan Chase & Co.

Filing Deadline: September 25, 2017

Class Period: May 1, 2011 to November 7, 2016

Objection Deadline: October 20, 2017

Exclusion Deadline: October 20, 2017

Final Approval Hearing: November 9, 2017

Proof of Purchase:

No; info on mortgaged property

Eligibility:

You may be eligible if:

  • You were a mortgagor on a real residential property located in New York State, and your mortgage was serviced by Chase;
  • All principal, interest, and other amounts owed were completely paid from May 1, 2011, and before November 7, 2016; and
  • A certificate of discharge or satisfaction of mortgage was not presented within 30 days to the recording officer of the county where the mortgage was recorded.
Typical Settlement Amount:

$170-750, depending on the number of days over thirty before certificate/satisfaction was presented or reissued

Total Settlement Amount: Unknown

Class Representative Proposed Incentive Fee:

$5,000

Law Firm:
Finkelstein Blankinship Frei-Pearson & Garber LLP

Claim Form: Bellino v. JPMorgan Chase Bank, N.A.Claim Form

Case Name: Bellino v. JPMorgan Chase Bank, N.A.

Settlement Website: Bellino v. JPMorgan Chase Bank, N.A. Website

Claims Administrator:
KCC Class Action Services

Claims Administrator Contact Information:

Bellino v. JPMorgan Chase Settlement Administrator

KCC Class Action Services

P.O. Box 43490
Providence, RI 02940-3490
admin@NYMortgageSettlement.com

1-844-700-3713 

Tags: Mortgage-Related Unfair Practices, Servicing Your Mortgage, Your Bank