Report: #263498

Complaint Review: Ameriquest Mortgage (AMC)

  • 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.
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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/reports/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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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