• Report: #263498

Complaint Review: Ameriquest Mortgage (AMC)

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  • Submitted: Thu, July 26, 2007
  • Updated: Thu, July 26, 2007

  • Reported By:Etters Pennsylvania
Ameriquest Mortgage (AMC)
PO Box 11000 Santa Ana, California U.S.A.

Ameriquest MortgAmeriquest Mortgage (AMC) Ameriquest Mortgage Multisate Settlement in PA. Riopff Santa Ana California

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Has anyone in the state of Pennsylvania received a notice letter from the Attorney Generals office, for the Multistate Settlement with Ameriquest ?

I have been informed by an admistrator of the Multistate Settlement that all notice and release forms were mailed out by July-14, yet I still have not received mine. I live 2 hours from Allentown, PA so it should not take more than 11 days for the release form to be delivered.

I am curious as to how much each person will receive ? My understanding is the average amount each borrower will receive is around $300 - $500. That is pultry chump change compared to what the Ameriquest scumbags cost me and many many other borrowers !!!!

I am also curious how many borrowers will accept the settlement amount, or pursue legal action of their own, or take part in a class action lawsuit ? I had checked with several attorneys in the central PA area to represent me against Ameriquest, however none of them would take the case. Most had advised that it would be a conflict of interest, as they already represent Ameriquest.

Chris
Etters, Pennsylvania
U.S.A.

This report was posted on Ripoff Report on 07/26/2007 06:19 PM and is a permanent record located here: http://www.ripoffreport.com/r/Ameriquest-Mortgage-AMC/Santa-Ana-California-92711/Ameriquest-MortgAmeriquest-Mortgage-AMC-Ameriquest-Mortgage-Multisate-Settlement-in-PA-263498. 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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