Complaint Review: Ameriquest Mortgage Company - Tucker Georgia

Thanks, I've contacted the State Attorneys' office, the GA Department of Banking and Finance, FDIC who referred me to the FTC, ACRON, and the local GREFAP (?). I did retain an attorney whose clients are normally lenders. Still, nothing. The FTC added me to the database for further reference, the local Coalition for RE Fraud referred me, I'm filing a formal complaint with GA Dept. of Banking and Finance, and no response from the other departments.

THE BRENT BARBER STORY. This story came from a news investigator in Kansas City, MO. IT WAS PUBLISHED MAY 22, 2003 IN THE "PITCH WEEKLY" OUT OF KANSAS CITY.. THE STORY CLAIMS THE FOLLOWING: Brent Barber WAS a sales rep at Ameriquest...and then used Ameriquest sales reps when his scheme grew larger..to fund these fraudulent loans.....over 4.5 million in dirty loans ameriquest funded, now the average loan size in Kansas City is around 60k....so 4.5 million is a ton of business... I found this story on the web, doing some research on Ameriquest Mtg. When I read it my jaw dropped...this man and the ameriquest offices in MO were running a ring of fraud so large, The majority of the loans he did, and that ameriquest sales reps funded for him....WHERE PURCHASES...DRESSED UP TO LOOK LIKE A REFINANCE...MUCH LIKE YOUR SITUATION. You can go directly to this story iF you go to www.trammellinvestments.com/brent_barber.html IT IS WORTH A READ 9 PAGES...YOU WILL SEE YOU ARE NOT ALONE IN THIS, AND THESE HONEST HARD WORKING CUSTOMERS OF AMERIQUEST, GOT SCREWED... SOME EVEN WORSE THAN YOU! needless to say, i am becoming so disgusted with my company, i feel sick to my stomach...and I am realizing this fraud goes all the way to the TOP of Ameriquest Capital Corp.. all the way to the owner Roland Arnall. needless to say, i am looking for a way out of here WITH OUT AMERIQUEST PUTTING A "HIT" OUT ON ME..with the things i have seen and the info i have filed over the years.. and have hard evidence of it all ameriquest would do everything in their power to make sure i stay quiet about it...time to update the resume! I HOPE YOU OR ANYONE ELSE LOOKS UP THIS ARTICLE..IT IS MIND BLOWING!!

You need to contact the Office of the Attorney General for your state and notify them of the obvious loan fraud. In many states, the Consumer Advocate for the State will get invloved and help you. I suggest that you run a google search for attorneys that specialize in real estate cases. I am the Vice President for a Major National Lender based in Denver and have seen this situation before. This one seems very winable. Don't get disturbed by the above comment saying you wont win. Another thing to consider, if you are a minority, female single-mother, on a fixed income, or qualify as any specially protected group, their are agencies to help also like ACORN. The typical resolution on this type of loan is to have the entire loan charged off and no damage to your credit. The attorney would then have a note against your house for his winnings, but at a substantially lower dolar amount and monthly expense than what you are up against now. Ameriquest has been getting bloodied in court and they will probably try to resolve this once an attorney makes contact with them. Good luck....

First, If you are doing a purchase and see them marking it as refi - why didn't all your bells and whisltles go off and you WALK AWAY like any normal human with brains would do? Second, if THEY purpotrated this way, that is clearly fraud - and on a purchase you DON'T have any period where you can rescind anyway. They tell you you have 7 days, but you don't...read the fine print. These scammers have pulled this over on the feds...they were sued and had to add a period onto the normal 3 days rescission period, because they were SO bad...now they turn that around and quick-close loans and THEN chase after any problems with the 7 days the govt stupidly gave them. By the time 7 days passes, you're up the creek because you really only had 3 days even though they told you seven....the company still gets paid on the loan, including the management - the loan officer doesn't. That's why they are full of inexperienced dunces who don't even always know they are ripping you off...they are trained around the rules so neither of you know. This company has a bunch of thugs running it who don't care who they cheat or steal from. I even saw them fail to pay off a loan on a refi and someone walked away with $120K with no evidence it was paid...even 3 years afterward and 3 subsequent "internal" refi's later. Get yourself a good attonrey, but you seem to have had the old red-barn scam pulled on you. You're probably S.O.L. partner...you didn't read this place first and go somewhere else reputable.

THANK YOU for the information, I'm anxious for this situation to be resolved, and very tired and frustrated with the run around being given. Though, from reading the other postings, it's bound to be a loonngg winter...

I have been reading the other various posts and read one from Jennifer in Jacksonville, FL. Anyone else interested?

you may try the following #s 714 -541-9960 press "0" and ask to speak with any of the following; THE OFFICE OF THE PRESIDENT (WAYNE LEE) YOU WILL NOT SPEAK WITH THE PRESIDENT, BUT A TEAM REP, TO RESOLVE SERIOUS CUSTOMER COMPLAINTS. 1. OR AT THE SAME # PRESS 0, AND ASK TO SPEAK WITH LORI GRIGG, HEAD OF HUMAN RESOURCES, IF YOU DON'T GET HER, BUT ONLY VOICE MAIL, LEAVE A DETAILED MESSAGE, THAT YOUR LOAN WAS FRAUD, AND YOU NEED HELP NOW. LEAVE YOUR NAME AND # AND SHE WILL CALL YOU. HER EMAIL IS [email protected] 2. GINGER CRAWFORD (DEPT HEAD OF HR) IF YOU DON'T GET HER WHEN TRANSFRD LEAVE HER A VOICE MAIL...CALL THEM SEVERAL TIMES UNTIL THEY RESPOND. 3. CHRISTINA SOSA AT 714 634 3494 EXT 4279 SHE IS THE OPERATIONS MGR, AND MANAGES ALL OF THE FUNDINGS...SO SHE WOULD BE A GOOD PERSON TO CONTACT TOO. PLEASE LEAVE YOUR LOAN # ON ALL OF YOUR MESSAGES. 4. CALL THE 714-541-9960..ASK TO GET A NUMBER WHERE YOU CAN REACH MARY JO SHELTON...SHE IS VP OF SALES, AND WILL WANT TO KNOW ABOUT THIS ASAP..HER EMAIL IS EITHER [email protected] OR IT IS [email protected] SHE IS BASED OUT OF MN, AND TRAVELS A BUNCH...SO SHE COULD BE OUT OF TOWN. I HOPE THIS HELPS...BE PERSISTANT WITH ALL OF YOUR MESSAGES, LEAVE YOUR LOAN# NAME AND REASON FOR CALL...BE VERY CLEAR AND DIRECT, AND WHERE YOU CAN BE REACHED... THIS SHOULD GET YOU PAST THE RED TAPE, AND TO SOMEONE THAT CAN RESOLVE YOUR PROBLEM. GOOD LUCK.

So ANY assistance from anyone, regarding who to contact directly is appreciated.

Marlene, This is obviously a clear cut case of fraud, and the signing rep/atty, and sales rep, and title company and ameriquest...are all parties to it...and ameriquest in this instance has frauded the state, ....this was a purchase...disguised as a "refi"...so the deed was not reconveyed, and the property taxes where not reassesed either..not that you want your taxes any higher, but i have seen more and more of this at my company...if you have not received any help yet, from some one other than the office that booked your loan, (if they "helped" you it was an effort to cover their tracks..and quiet you.")..I do work for the company, but not in the capacity to help you myself but i can put you in contact with the right people in the company...direct #s or cell #s....that are not public....please respond if you have not received help, and let me know how to contact you..email etc...since i work for this company i am afraid to give you my info... hope this helps.