Ameriquest Mortgage Company Predatory Lending done to me ripoff Orange California

Last October of 2005, I refinanced my loan to Ameriquest Mortgage Company. It went very well, but, the Appraiser came out to my house, said my property was worth $99,000. WRONG.

Then in the news of 2005, stated that Ameriquest Mortgage Company had a $525 million dollar law suit filed against them for their Predatory Lending Practices.

I have tried to Refinance My Mortgage, to no avail.

Then in December 2005, I was scammed by someone who succeeded into getting into my Checking Account, This left me without any money to pay my mortgage and my other bills.

I contacted Ameriquest mortgage of this, and was told that If I Failed to Pay my Mortgage, they were going to foreclose. They did, and, last Month, they had a Sheriffs SSale. Guess who the party that bought my property was, none other than W M Mortgage Specialty, which I believe is a Division of Ameriquest AC Capitol Holdings. Strane isn't it?

Anyway, I now have an attorney who is working with them to get me to be able to stay in my house, and to pay rent to them, which is a lot less than my mortgage payment.

I will keep you people advised.

My word to the wise, Do not go with Ameriquest Mortgage Company..

Thank you for hearing of the problem with Ameriquest Mortgage Company.

Sincerely,

Brenda
bartlesville, Oklahoma
U.S.A.