• Report: #142923

Complaint Review: Ameriquest Mortgage Company

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  • Submitted: Mon, May 16, 2005
  • Updated: Mon, May 16, 2005

  • Reported By:clearwater Florida
Ameriquest Mortgage Company
Orange CA Tampa, Florida U.S.A.

Ameriquest AkA A.M.C. Ameriquest Ripoff Tactics And Actual Inhouse Docs Headed For The Shredder Ameriquest Mortgage Company Ameriquest Got us too. Time to pay them back! Bait & switch, Falsified docs, forgery, Non payment of undisclosed taxes on a new purchases hidden as a refi. Clearwater Tampa Florida

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There is a site for viewers to see just a few tactics recently posted.

Tactics of Ameriquest and its employees committing fraud and more copies of some in house docs headed for the shredder.

In these files you will find the original 401ks reported by the LA Times. Employees suggesting what a borrower should write down for a fake stated income and not date it.

Forged signature authorizations, Highly over inflated appraisals being requested by Ameriquest/AMC employees and met to the dollar by the Appraiser. Ameriquest Corporate Phone numbers they don't want you to have.

"Although that is undoubtedly true, critics say, the alleged use of altered documents, if confirmed, spotlights Ameriquest's "boiler room" culture, in which employees are under tremendous pressure to churn out as many loans as possible."
This site proves it's true!

"It's not in the company's best interests to have inflated appraisals, misrepresentation of interest rates and fees or income," AMC spokesman ST pete Times

McLaughlin and Fichtner had a written quote of $809 from Five Brothers Insurance Agency, but they say Ameriquest tried to charge them $1,500 for the policy at closing, reducing the price to $1,169 after they objected. Officials at the insurance agency could not be reached for comment. (Ameriquest officials said the company has no relationship with the agency.)Look at Mclaughlins settlement disbursment sheet and who is the insurance co. according to this settlement sheet 5 brothers. AMC should think before they talk!

I will post more on these crooks when i'm satisfied enough have seen this EVIDENCE!

sorry, allowing you to give a competitors name would instigate others to just file against their competition, to only come back later to suggest their company your comments on this policy are welcome! CLICK here to see why Rip-off Report, as a matter of policy, deleted

Bob
clearwater, Florida
U.S.A.

This report was posted on Ripoff Report on 05/16/2005 01:54 PM and is a permanent record located here: http://www.ripoffreport.com/r/Ameriquest-Mortgage-Company/Tampa-Florida/Ameriquest-AkA-AMC-Ameriquest-Ripoff-Tactics-And-Actual-Inhouse-Docs-Headed-For-The-Shr-142923. 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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