Complaint Review: Citi Residential - Ameriquest - Orange California

Joe, Thank you for your contact info concerning Peggy Weldon of the Minnesota Attorney Generals office. I spoke with her and she is going to contact Citi Residential on my behalf. She did agree that my debt to income ratio is way out of context and is going to "push" them into offering me a lower interest rate. She's shooting for a 7% for me. Citi was "kind" enough to "drop" my interest rate to 11.85%. Wasn't that "sweet" of them? Ms Weldon pointed out that my very recent chapter 13 filing may put a glitch in the negotiations as she was not quite familiar with the guidelines concerning a chapter 13 case. I'm hoping that all will go well on my end. Has anyone connected with a legal "buckaroo" yet? Let me know how things are going on your end. Good luck to all victims, Ruth

Hi Joe, Thank you for the contact information. I will contact the attorney generals office of Minnesota. I appreciate any and all info that anybody has that may help alleviate our situation. I feel confident that we're not the only ones face with this dilemma and as a unit we may be able to get positive results. I'll keep in touch. Thanks a bunch, Ruth

Hello again Ruth, I hope you find this post helpful. I'm working with a Ms. Peggy Weldon, who is the mediator for the consumer services division. Her phone number is 651-355-0702. Please remember to ask her about the Statues, and regulations about the debt to income ratio, which I believe you stated was 85% of your income. Again, predatory lenders have no ethics, nor compassion towards the clients they are stealing from. I wish you well. Joe

Dear Ruth, I have been working with the office of Mn Attorney General and opened a case against AMC, Ameriquest, and now CITI Residentaul Lending, which is part of CITIBank Inc. I have been sent several papers to fill out, and from what I gather my complaint is under investagation. My complaint is different than yours, but if you look at the ripoff reports that I posted it might give you a better idea of what I'm going through. My Social Security number and other personal information was breached and now I have to gather all of the information needed to proceed with my case. The first post was dated on January, 9th, 2008, and I sent another on January 10th by mistake thinking that my first post did not post per se. If you read them you might understand the debt to income ratio that I mentioned. I will also foreward the information needed to contact the proper people in the Attn. General's office, because when I made my first call to the office I really got the run around. Be Well, Joe

Cindy, Thanks for your reply. Your Right, we need to find a way to correspond with one another. Not sure how we're going to do that but, your right, something has got to be done. I have no intention of losing our home to these thieves after living in it for 35 years! I'm contacting Lori Swanson, the attorney general for Minnesota. I'm hoping I'll be able to get some advice as to what options are open to us. I'll post my findings as soon as they are available to me. In the meantime, I'll keep working on a way for us to connect with one another. Good luck to all. Ruth of Blaine

Hello Ruth and John, I too am a victim of AMC, I am currently gathering more information to take to an attorney, I spent all afternoon at the courthouse and in the county I live in there are 79 homeowners that were financed through Ameriquest 67 of them were foreclosed, wonder what our local politicians has to say about that? These are our middle class working families here in this small town and something needs to be done, any suggestions for an attorney. I want a good group of go getters that wants to stop this source of inflation and burn these theives, how can we contact each other to exchange more info. (((ROR removed for security purposes))) CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Hello Ruth and John, I too am a victim of AMC, I am currently gathering more information to take to an attorney, I spent all afternoon at the courthouse and in the county I live in there are 79 homeowners that were financed through Ameriquest 67 of them were foreclosed, wonder what our local politicians has to say about that? These are our middle class working families here in this small town and something needs to be done, any suggestions for an attorney. I want a good group of go getters that wants to stop this source of inflation and burn these theives, how can we contact each other to exchange more info. (((ROR removed for security purposes))) CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Hello Ruth and John, I too am a victim of AMC, I am currently gathering more information to take to an attorney, I spent all afternoon at the courthouse and in the county I live in there are 79 homeowners that were financed through Ameriquest 67 of them were foreclosed, wonder what our local politicians has to say about that? These are our middle class working families here in this small town and something needs to be done, any suggestions for an attorney. I want a good group of go getters that wants to stop this source of inflation and burn these theives, how can we contact each other to exchange more info. (((ROR removed for security purposes))) CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Hello Ruth and John, I too am a victim of AMC, I am currently gathering more information to take to an attorney, I spent all afternoon at the courthouse and in the county I live in there are 79 homeowners that were financed through Ameriquest 67 of them were foreclosed, wonder what our local politicians has to say about that? These are our middle class working families here in this small town and something needs to be done, any suggestions for an attorney. I want a good group of go getters that wants to stop this source of inflation and burn these theives, how can we contact each other to exchange more info. (((ROR removed for security purposes))) CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Thank you Joe for your response. I will look forward to any helpful information you may have concerning our situation. I have considered filing chapter 7 but I'm afraid Cit Residential will "steal" our home from us through the legal system. They have access to legal resources whereas we do not. Let me know if you connect with a "buckaroo" that will support and fight for us.

I would ask your accountant to look into citi residentual lending (ameriquest) about the debt to income ratio. 85% of an income is to high to be granted a loan. I also want to commend you about not settling on the lawsuit, it does keep your option's open. I'm not a lawyer, but I to am looking for a good civil lawyer to represent me in filing a lawsuit against AMC, now Citi Residentual Lending. If I retain a lawyer I will let you know. Be Well, Joe

I mis-typed the value of our home at the time of the original purchase. It was valued at $23000.00 Not $2300.00. Unlike Ameriquest, I wish to keep my information honest and true and LEGALLY CORRECT!

I mis-typed the value of our home at the time of the original purchase. It was valued at $23000.00 Not $2300.00. Unlike Ameriquest, I wish to keep my information honest and true and LEGALLY CORRECT!

I mis-typed the value of our home at the time of the original purchase. It was valued at $23000.00 Not $2300.00. Unlike Ameriquest, I wish to keep my information honest and true and LEGALLY CORRECT!