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  • Report:  #139790

Complaint Review: Ameriquest - AMC

Ameriquest - AMC ripoff Foreclosure short sale you name it they have done it to us. Lets stick together and do something to help us all. Orange California

  • Reported By:
    Saint James Minnesota
  • Submitted:
    Fri, April 22, 2005
  • Updated:
    Sun, May 01, 2005
  • Ameriquest - AMC
    P.O. Box 11000 Santa Ana California 92711-1000
    600 City Pkwy. W. Ste. 100 Orange, California
    U.S.A.
  • Phone:
    800-430-5262
  • Category:

In Sept 2004 my husband was out of work for almost 2 months . At that time I tryed working with them on our payments. They refused a payment from me back in Nov. In Oct we went to refinance to try and get a lower interest rate which is 9.75. and it was and that time we found out that our appraisal on our home was done at 105,000.00 on our home that is on the market for a selling price of 38,500.00 quite a over appraisal we think. We our also in a foreclosuer to at the same time.

I have the MN Attorney General which I feel all of you out they with the problems We have been reading need to get the generals office and the dept of commerence of you states involved. It will only help to get them involved in what this company is doing. I could go on and write all night along at all the things I have found out about Amerquest/AMC.

Kim and Teresa
Saint James, Minnesota
U.S.A.

2 Updates & Rebuttals


George

Largo,
Florida,
U.S.A.

HERE IS A LINK WITH PHOTOS OF AMERIQUEST FRAUD

#3Consumer Comment

Sun, May 01, 2005

http://fishnuts3.tripod.com/12345678/

Finally i found a place where i can post and dont have to worry about them getting taken down!!!!

For those of you who have not seen the docs posted on ebay here they are again

Also included are the original investment fund docs reported by the LA TIMES which were used in multiple loans

I will be posting daily


Kim and teresa

Saint James,
Minnesota,
U.S.A.

Ameriquest/AMC, Orange CA

#3Author of original report

Sun, May 01, 2005

I do not understand how this company is geting by with everything it has done. Back in Nov.2004 I contacted the MN Attofney Generals and the Dept. of Commerence in my state. They are suppose to work for the people. Are they I FEEL NO. Ameriquest appraised my home for 105,000.00 dollars which I had no clue about until I went to refinance in Oct.2004. I was asked about my loan to value by another lender.

At that time I had no ideal what they had appraised my home for.Our loan was for 78,500.00, on a two fixed with A 28 year arm. My husband was unemployed for two months in Sept.2004. which they knew. In Nov. we could only make one payment which they refused.Our home is know in forecloser and they also have given us the option of a short sale.

My home is listed at a realitor for 38,500.00.They had another apprail on April 12th 2005, but will not give it to us. I also had a loan back in 2003 with Household which was for 44,500.00 they lost the mortgage on that loan so I have no satifaction at the recorders office that that mortgage was ever paid off by Ameriquest/AMC.

That mortgage was never recored at all. It was sold to American Mortgage Services in Aug.2004 then to Household neither one of these companies recored it at the Watonwan County Recorders Office.I feel Ameriquest needs to be investigated by someone that we step in and do something ,but where and who do you contact.Please if you got anybody that you know can help me let me know.

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