Upside Down Mortgage

Predatory Lending Tactics

Question: Ameriquest Multistate Settlement in PA?

I have been one of the many thousands of individuals that had the misfortune of refinancing my home through Ameriquest Mortage. Due the predatory lending tactics of these scumbags, I was forced to sell my home to avoid foreclosure and futher damage to my credit.

I have received paper work from the State Attorney General's office in Pennsylvania in regards to the restitution payment I am able to receive under the multistate settlement against Ameriquest. The minumum amount I am eligible to receive is $320.62, which certainly does not feel like "restitution" to me.

I am curious as to how many Ameriquest borrowers in the state of PA will participate in the multistate settlement or seek other legal action ? Does anyone know of a law firm in PA that has filed for a class action law suit against Ameriquest ?

Regards,
Chris

Answer: Approximately 15,000.

http://www.ameriquestmultistatesettlement.com/index.htm

Howard Nassiri LLP, Predatory Lending

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