• Report: #263659

Complaint Review: AMC Mortgage

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  • Submitted: Fri, July 27, 2007
  • Updated: Tue, July 31, 2007

  • Reported By:Chicago Illinois
AMC Mortgage
1600 McConnor Parkway Schaumburg, Illinois U.S.A.

AMC Mortgage And Argent Mortgage Issued a phoney mortgage to a predatory lender Schaumburg Illinois

*UPDATE EX-employee responds: AMC info

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My home is being stolen from me through a predatory lender named RYM Technology and the owner Felix Daniel of Southfield Michigan.

A loan was issued to them through Argent Mortgage and then sold to AMC Mortgage. When I found out what happened I called AMC and their attorney Michelle Ratledge and was told they would stop the foreclosure and investigate.

Thankfully the FBI, Justice Dept, State of Illinois Attorney General, State of Illinois Sec. of State, Internal Revenue Fraud Division and others have become involved but as of July 23, 2007 AMC is still trying to get a judge to let them take my home. My attorney is fighting them in court. (Legal Assistance Foundation of Metropolitan Chicago)

The Chicago Sun Times Newspaper wrote an article on May 18, 2007 suntimes.com/classifieds/homes/homelife/390477,HOF-News-mortgage18.article

and The New York Times did an article front page July 3, 2007 query.nytimes.com/gst/fullpage.html?res=9D04EFDE153EF930A35754C0A9619C8B63

In addition NBC Nightly News and MSNBC News are doing pieces. The Danish Public Broadcasting who wants to do a documentary has also contacted me.

I need as much information as you have regarding the connection between AMC and Argent.

I have also started a web site to inform the public www.fedupandfightingback.com

In addition to Illinois' injunctions Utah and Arizona have also filed injunctions after RYM Technology (also works under Penny Properties) stole homes in their states.

I am confident we will win in both the criminal (FBI) and civil lawsuits but I am so scared that before this comes to court AMC will foreclose on my home. (I have lived here 22 years and yes, I am still here)

Again, if anyone has any information on these two companies and how they are connected to each other please email it to me.

Shakeela
Chicago, Illinois
U.S.A.

This report was posted on Ripoff Report on 07/27/2007 01:31 PM and is a permanent record located here: http://www.ripoffreport.com/r/AMC-Mortgage/Schaumburg-Illinois-60173/AMC-Mortgage-And-Argent-Mortgage-Issued-a-phoney-mortgage-to-a-predatory-lender-Schaumburg-263659. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 UPDATE EX-employee responds

AMC info

AUTHOR: Ex-argent - (U.S.A.)

AMC is the parent company of Argent Mortgage, Ameriquest Mortgage, and several other smaller companies. At one time Argent was the largest sub prime lender in the industry. Fraud has taken its toll on the mortgage industry and every company has suffered from it. I worked at Argent for over four years and lost my job because they closed my center in March 2007.
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