• Report: #157350

Complaint Review: AMERIQUEST MORTGAGE COMPANY

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  • Submitted: Fri, September 16, 2005
  • Updated: Wed, July 09, 2008

  • Reported By:CRANBERRY Pennsylvania
AMERIQUEST MORTGAGE COMPANY
ORANGE COUNTY CALIFORNIA ORANGE COUNTY, California U.S.A.

AMERIQUEST MORTGAGE COMPANY RIPOFF ARTIST, DECEPTIVE, FRAUDS, LIARS, UNETHICAL, ILLEGAL ORANGE COUNTY CALIFORNIA

*REBUTTAL Owner of company: Sox does not pay

*UPDATE EX-employee responds: Sarbanes-Oxley (SOX) - Their Downfall

*Consumer Comment: Call or Write Your State Bar Association...

*Consumer Comment: Why aren't all 50 States investiagting??

*REBUTTAL Individual responds: Please respond.

*Consumer Suggestion: I am currently working with a State representative and a State Senator and a Congressman to start an organized group of individuals to combat their PR

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It's truly Sad to see that this company that sponsors professional sports and says they are here to help people contimue to take advantage of unsuspecting people.

I am currently working with a State representative and a State Senator and a Congreesman to start an organized group of individuals to combat their PREDATORY LENDING PRACTICES. I will not quit until they either discontinue lying to people or just plain close their doors. Did you know that our president has nominated their CEO to be an ambassador to Holland? I smell another ENRON here and look where their top officials are today... JAIL!!!


ACORN made a deal with the DEVIL ( AMERIQUEST )
when they signed an agreement with them. they ( Ameriquest ) promised they would discontinue their unethical practices in early 2000. What happened ACORN? Someone hasn't paid attention to their members complaints. Ameriquest made their promises, however, ACORN wasn't paying attention... they only agreed to certain cities... not too smart!

Don't get me wrong, there are some good organizations out there... do some homework on google. Email them, call them or whatever, just get it done NOW! call your Attorney General to initiate a complaint against them and don't quit until you get an acceptable answer from him or her. Also call your STATE BANKING AUTHORITY and again initiate a complaint in writing and be persistent!

People, if you look back at some of my postings you will see my email address. I encourage you to contact me. Oh, and if you (Ameriquest) try to contact me again... DON'T WASTE YOUR TIME! I NOW HAVE A FILTER TO IDENTIFY WHO IS CONTACTING ME. YOU HAVE TRIED ATLEAST 2 TIMES TO FOOL ME AND IT DIDN'T WORK. I HAVE ALSO BEEN IN CONTACT WITH A FORMER EMPLOYEE (BRANCH MANAGER) WHO HAS SAID THAT AMERIQUEST THREATENED TO KILL HIM IF HE DIDN'T SHUT HIS MOUTH... NICE HUH?

I know a lot of you are scared, discouraged and feeling empty, but you have to take the initiative and do it NOW!!!

I will do whatever I can in the coming months to help whomever I can... but you need to contact me. Again look back at prior postings and you will see my email address.

I wish everyone the best and may God Bless you!

Thanks for your attention... Every American is entitled to their opinions and I am not afraid to express mine... KEEP UP THE GOOD WORK AND LET'S WORK TOGETHER TO GET THE JOB DONE!

Thank you!

John
CRANBERRY, Pennsylvania
U.S.A.

This report was posted on Ripoff Report on 09/16/2005 06:24 PM and is a permanent record located here: http://www.ripoffreport.com/r/AMERIQUEST-MORTGAGE-COMPANY/ORANGE-COUNTY-California/AMERIQUEST-MORTGAGE-COMPANY-RIPOFF-ARTIST-DECEPTIVE-FRAUDS-LIARS-UNETHICAL-ILLEGAL-OR-157350. 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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REBUTTALS & REPLIES:
0Author 4Consumer 2Employee/Owner
Updates & Rebuttals

#1 REBUTTAL Owner of company

Sox does not pay

AUTHOR: Vincent - (U.S.A.)

Add me to the list of those who have been taken advantage of by Sox. I did a job for them on August 24, 2007 and yet to be paid. I have called, emailed, left messages and done this over and over. Nobody has responded. This is the worst firm in the business and I will do whatever it takes to bring them to justice. All this groupl should be in jail.
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#2 UPDATE EX-employee responds

Sarbanes-Oxley (SOX) - Their Downfall

AUTHOR: John - (U.S.A.)

Ameriquest Auditors have to be SOX compliant for a reason.

If you are witnessing fraud at your branch, document it. If you are fired because they think that you know too much or because they suspect you of being a whistleblower, file a complaint with OSHA and the Department of Labor within 90- days and site the Sarbanes-Oxley act.

((Rip-off Report verified the following link))
You read about the act on www.whistleblowers.org.

Here is a want-ad for one of their auditor positions:

Ameriquest Mortgage Company
Job Title :Senior QC, Loan Servicing Internal Auditor
Reference #: JT
Location : Orange County, CA
Position Type: Permanent
Employment Type: Full Time
Career Level: Experienced (Associates, PQ, 1-4 yrs exp)
Salary Description: Extremely Competitive Compensation Package- DOE

Email job to a friend
Job Requirements
Senior QC, Loan Servicing Internal Auditor
Job Description
POSITION SUMMARY:

Provide input and implement the Servicing aspects of the Quality Control Program in conjunction with the Quality Control Servicing Director. Supervise and develop auditor associates for specific projects as assigned. Support management by identifying existing and emerging risk issues, evaluates action plans, and ensuring timely action plan implementation corrective actions. Conduct audits to evaluate processes and quality assurance practices. Perform all duties in accordance with AMC policies and procedures and all state and federal regulations. Assist with the Sarbanes-Oxley Compliance program

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Effectively implement the Servicing aspect of the Quality Control Program including risk identification/analysis, review planning, coordinating testing, evaluation results, and management reporting.

Stay abreast of changes in the mortgage industry from a regulatory, sub-prime lending, and risk management perspective.

Represent QC Servicing in a professional manner with a high level of integrity and ethics and adhere to Ameriquest Standards of Conduct.

Supervise, motivate, train, coach and provide positive reinforcement for assigned staff on specific projects.

Prepare organized and logical workpapers that outline results and identify issues.

Up to 25 percent travel

Perform other duties as assigned

ESSENTIAL KNOWLEDGE, SKILLS & LICENSES:

Supervisory, analytical, oral and written communication, and organizational skills

Thorough understanding of mortgage compliance requirements and processes

Knowledge of Internal Auditing procedures including COSO standards

Knowledge of Sarbanes Oxley compliance including documentation and testing

Possess skills and professional experience in the areas of people and conflict management with tact and discretion

Thorough understanding of mortgage underwriting, documentation, and servicing requirements and processes

Thorough understanding of quality assurance and control techniques

Extensive experience with integrated Auditing software, ACL, Pantera.

Professional Certification preferred (i.e., CIA, CRCM, CPA, CRP, CBA, CFS)

EDUCATION AND/OR EXPERIENCE:

Minimum bachelor's degree or equivalent

5+ years of directly related experience
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#3 Consumer Comment

Call or Write Your State Bar Association...

AUTHOR: John - (U.S.A.)

What you desribe is illegal and I encourage you to seek counsel through your State Bar Association. They can usaually find you and Attorney who would be interested in taking your case.

You have to be detailed in your description of what exactly took place with your situation.

Feel free to contact me at not 2 sure 1 at yahoo dot com and we can talk further.

Good luck!
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#4 Consumer Comment

Why aren't all 50 States investiagting??

AUTHOR: Jennifer - (U.S.A.)

I posted my rip-off statement regarding Ameriquest on here and have gotten weird responses. First off: I am not blaming others for my problems. I understood I was refinancing. But where does the bank's policies regarding responsible lending come in? If I lie on my application, it is refused or rejected. For them to lie is called "adjusting" and that is ok???? The lender knew from my documents I did not qualify for anything. But instead of saying sorry and sending me on my way, they tweaked it to fit their needs and gave me the money so they would get their commission. That's what all this is about. I am talking about an injustice. Wrongful, fraudulent, and unethical business practices. This activity is irreprehensible and needs to be stopped. This didn't just happen to me- 5 states are already filing class action lawsuits about this company. So if you were inferring I am unintelligent, well someone in these 5 states must be, because they are counting their winnings right now. I am in MN and Argent/Ameriquest has been in your papers alot lately. ACORN has not been able to help me. So please include me in anything that comes of this. Thank you.
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#5 REBUTTAL Individual responds

Please respond.

AUTHOR: Kim And Teresa - (U.S.A.)

To John, I have been working with my attorney general in MN since last year and have had no answers. Except that they were going to close my file in June And let me know if there is anything in the future that they can do to fight against to stop this company.[Ameriquest}.Please let me know how to go about contacting state gov. officals and I will help all I can in MN.TM
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#6 Consumer Suggestion

I am currently working with a State representative and a State Senator and a Congressman to start an organized group of individuals to combat their PR

AUTHOR: Markanna - (U.S.A.)

Hey John,

Thanks for the good work.

There are many people working on this same mission.

We need to get more people working on the same track, to get this out to the public, Like a TV AD.

The employees need to stand up for their rights to.

if you let me know witch congressman you are working with I will writhe him next.

Hum TV ad, I just saw an ad the other day sponsored by (Homeland security), maybe they can help us to.

Thanks From Florida :o) USA
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