I am a former employee of Ameriquest. I was a loan processor for the company and almost everything that you read in these reports are TRUE. I witnessed first had the forgery of documents; from income documents to bank statements, Verification of mortgages, ect.
I also witnessed the removal of liens and judgments from title and Notices of Default were hidden to make the loan fund. They called it cutting and pasting. The title companies that we used were in on it too they would remove these items and change the vesting as well.
We were told by the manager to inform the Account Executives how much the borrower needed to make on a stated income loan and sometimes we even had to fill it out for them. Anything that you can think of that was illegal was done in the office that I worked in.
Most of the people in the office that I worked in were in on this and I just could not take it anymore so I spoke up and informed the Manager that I would no longer take part in this activty. I was fired as a result of this, because I was not part of the team anymore.
In my lawsuit I am trying to prove that these fraudulent activies did in fact exist and that upper management knew about these activites, like Frank Cortinas and Mike Murphy. They knew and even gave the green light for these things to happen.
Frank even encouraged us to use title companies that would HELP US, if you know what I mean. He also had a meeting at his house with all the Managers and Processors to discuss the file retention in our offices. We were told to keep only the prior months files in the office and anything older than that needed to be shreaded.
This was a good way to cover up anything that should not have been in the files. I can guarantee that 90% of the files that were going thru that office has some sort of fraudulent docuements in it.
To sum this all up I am looking to hear from any former employees that are willing to give a deposition and say that they witness the fraudulent activity that took place at this company. It's so funny all the reports I read the people are all from different parts of the country and yet it sounds like the experience that I had.
For something to be so wide spread MARY JO SHELTON AND ROLAND ARNALL have to know that this is happening, but they just don't care because they are making billions off the average joe with all the excessive fees and prepayment penalties it's just ridiculous. Anyways, I don't think that it was fair to me to get fired for having some INTEGRITY.
Please contact me at: (deleted - see below)
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