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Report: #209651

Complaint Review: AMERIQUEST MORTGAGE - BOREN & CAREY - Los Angeles California

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  • Reported By: omAHA Nebraska
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  • AMERIQUEST MORTGAGE - BOREN & CAREY P.O. BOX 51382 Los Angeles, California U.S.A.

AMERIQUEST MORTGAGE - AMC LOAN SERVICING - BOREN & CAREY AMERIQUEST HAS FLIPPED MY LOAN 4 TIMES AND THE CURRENT COMPANY IS ATTEMPTING TO ROB ME OF ALL MY EQUITY AND TO FORECLOSE ON MY HOME I'VE OWNED FOR 20 YEARS ripoff SANTA ANA CALIFORNIA

*Consumer Comment: Stacie

*Consumer Suggestion: Ameriquest will go down!!!!!

*REBUTTAL Individual responds: Kathleen

*Consumer Comment: YES Marlene!

*Consumer Suggestion: Inkster

*Author of original report: Craig

*Consumer Suggestion: Carla

*REBUTTAL Individual responds: 20 Years not Gone

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After 20 years of working hard and nearing retirement, my home of 20 years is being stolen as I sit helplessly by and watch. Right now, I don't know what to do, and which way to turn, but I feel that I have been victimized by Ameriquest when refinancing in 2001. I signed forms that were blank, and other things because I was desperate after a divorce (my home was in foreclosure).

They tricked me into taking a mortgage rate that has gone from 9 percent to 12 percent while I am still in bankruptcy. I just found out that this will continue every 6 months until it reaches 15.5 percent in about 2-3 years. I filed bankruptcy four years ago and have now discovered that my credit is worse than when I first filed and I am in worse shape ever with my mortgage threatening foreclosure even before I receive notice that I am discharged!

Ameriquest has sold my mortgage to AMC and they are moving to foreclose in a matter of days. I just don't have a clue as to how someone can be in bankruptcy one day and in foreclosure roughly 1 day later. This whole mess is a scam, the mortgage refinancing and the chapter 13 bankruptcy. Honest hard working people are virtually helpless if their credit is considered bad. I have given up. Everyone is taking me for a ride, with Ameriquest in the driver's seat.

carla
omAHA, Nebraska
U.S.A.

This report was posted on Ripoff Report on 09/06/2006 03:46 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ameriquest-mortgage-boren-carey/los-angeles-california-90051/ameriquest-mortgage-amc-loan-servicing-boren-carey-ameriquest-has-flipped-my-loan-4-209651. 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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REBUTTALS & REPLIES:
0Author
6Consumer
2Employee/Owner

#8 Consumer Comment

Stacie

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

POSTED: Thursday, September 14, 2006

What I meant when I said I had won was I was able to keep my home. I had to sacrifice a lot but it was worth it. I sold my piano that I had owned for over 30 years. It was heartbreaking to have to sell only to give the money to theiving Ameriscum. I sold everything I could to pay Ameritheft's inflated interest mortgage payment.

I have kept up my payments for almost 2 years but, since this company is so fraudulent, they continue to find ways to TRY to make me miserable. There ignorant prepayment penalty, which is nowhere in my ORIGINAL contract, is ridiculous as is the inflated interest they charge. Interest can be decreasing but at Ameriquest-World, DECREASE is not in their vocabulary.

Good luck Stacie, I know you will be okay because I can tell you are a fighter. And good luck to all who have fallen prey to this corrupt company.

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#7 Consumer Suggestion

Ameriquest will go down!!!!!

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

POSTED: Wednesday, September 13, 2006

It will be only a matter of time for this company to fall flat on thier faces.They have created a monster that has gotten out of control.

I cant wait for this day to come. And it will very soon. They have already lost many court cases across the country. And just think i gave them many many chances to work with me and make it right, but when it came right to the end they backed out and everything they said to me was all lies!

I am glad i found this web site and i have met so many hard working people here, and all they wanted to do is own a home. Ameriquest are scum bags and will pay for what they have put my family through!!!!!!!!!!!!!!!!


GOD BLESS EVERYONE!!!!!!!!

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#6 REBUTTAL Individual responds

Kathleen

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

POSTED: Wednesday, September 13, 2006

Yes Kathleen
Your words are exactly right!! I am also fighting ameriquest and have been over a year and half i just got a attorney thanks to Ken-from holland
What do you mean you WON? STACIE

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#5 Consumer Comment

YES Marlene!

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

POSTED: Tuesday, September 12, 2006

You are so right. You fight to keep your home. I have fought, and won, as many others on here. To give this scumbag company another home would be a tragedy. Ameriquest (I refuse to call them by their so called NEW name of AMC) is the lowest of low in the mortgage industry. They are predators from hell.

You sound strong and willing to battle so keep it up. There are many people on here who have been royally screwed by this crap company who will stand behind you. We all need to band together and fight to put Ameriscum where it belongs ... in the gutter with the rest of the trash. Their lying, thieving employees can go down with them. I could care less if they become homeless due to unemployment after what they have done to so many people. They knew what they were getting into when they accepted employment at this rotten company.

So let the scumbag employees, ex-employees or just plain ignorant individuals put you down. It only makes you stronger and more determined.

Good luck!!!

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#4 Consumer Suggestion

Inkster

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

POSTED: Tuesday, September 12, 2006

Funny, I thought I was responding to someone who posted in Omaha, not Michigan...

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#3 Author of original report

Craig

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

POSTED: Tuesday, September 12, 2006

Don't tell me to sell my house. Don't make assumptions about people you don't know. Your assumption about my housing affordability is pretty darned bodacious. If companies such as Ameriquest were not made fat by scamming hard working Americans like myself, then I might not be in this shape.

While some people are paying 4 percent on their mortgage, a divorced mother like me with a late payment or two on her credit report is forced to pay 9 percent on her mortgage. Selling my house is not an option.

Thanks to some good, outspoken folks on this website, I will fight harder to keep my home. I want to keep it just because I feel like I earned it as a hard-working tax payer. Craig maybe you don't understand that some people are simply trying to live a decent life without making a fortune. Maybe you don't understand that some of us are honest people who really are victimized by unscrupulous greedy creditors. Maybe you don't understand that some people's salaries don't reflect the high cost of living. For 25 years I worked at a job not many people would want. I put 2 kids through college and I worked every day for this house that I call home.

I'm not selling and I'm not losing it to some greedy scavenger company like Ameriquest.

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#2 Consumer Suggestion

Carla

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

POSTED: Wednesday, September 06, 2006

Well, at least they gave you some time to try to bail yourself out. you said it before they saved you from forclosure. Now it is happening again. It seems as if you can't afford your place, and althought it seems sad, your best option is to sell. yes you lose the home you've been living in, but you might be able to repair your credit a little, and still make some money on the deal...

And PS, AMC is ameriquest, they didnt sell your loan, AMC is the loan servicing company under Ameriquest. You have an arm, and because your rate is going up now, it doesn't necessarily always go up, your rate may come down, especially now with inflation going up, rates will begin to come back down...so don't look at the worst case scenario, think better times can come, but be smart about it.

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#1 REBUTTAL Individual responds

20 Years not Gone

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

POSTED: Wednesday, September 06, 2006

Get up on your feet and call around to all attorneys in your state and find one that knows all about Ameriquest there is one. I am in the same boat as you!! They already did foreclosure on my home in may 2006 I just got a attorney and I think every thing is gonna be alright you need to go to this sight everyday all the time and someone in your state is going thru just what you are going thru what you are.

You have to keep your head up and fight they are doing this in all 50 states there is enough people out here we just have to fight and not give up.You need to read holland michigan reports and Jackson mi reports.

This site has been the best help ever.
And when you do find a attorney make sure they KNOW AMERIQUEST. You need to find a attorney fast because they can stop the sale from happening.

Your in my prayer GOOD LUCK STACIE

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