Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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srsd

Since Ameriquest was "taken over" by Citi Residential, does Citi Residential also acquire the lawsuits against Ameriquest or do they have to be filed seperately against Citi Residential since there is no Ameriquest?

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uuhhh ?

A GREAT QUESTION   !     LET'S ASK OUR LEGAL PANEL  ..........................

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Ed Cage
Dear srsd:
In the Ameriquest/AMC/Citi Residential fold then change-the-name
shell game you would be well advised to taken in all three. James Brantley
was with AMC, they folded, now Citi has hired mega scamster Brantley
to be at the helm of Citi Residential.

Since I think there is a good possibility all 3 are in Orange California
it won't entail any extra out of state service fees.  My advice is again,
take in (serve) all three because Brantley has a long *documented*
record of simply saying, "Who me?  Why aren't you dealing
with _______?" unless you take in his handy associates in crime.

srsd, James Brantley and all of his gigs are prime targets and easier
than normal to establish fraud cases. I asked Brantley if he had ever been 
in trouble regarding  mortgage before and told him if so the second time
around the punishment would be quite severe.

For what it is worth, my educated guess is that part of Citi's package
to hire such a well known mortgage fraudster as James Brantley was to
help him with his legal woes left over from his AMC/Ameriquest* gig. Based
on what I have seen his current brief Citi tenure must also be protected
by Citi with promised legal support.

AMC has failed.  Citi Residential is hemorrhaging financially and in depth
criminal investigations are on the way.. Bottom line:  Both Citi Residential
and James Brantley are in a great deal of trouble.

srsd I say take in/serve all three of them.

Ed Cage, ecagetx@tx.rr.com , 972-596-4363

* Even Brantley admits both Ameriquest and AMC are “out of business.”


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Moose
srsd wrote:

Since Ameriquest was "taken over" by Citi Residential, does Citi Residential also acquire the lawsuits against Ameriquest or do they have to be filed seperately against Citi Residential since there is no Ameriquest?

Ameriquest and Argent were sold to Citi.  When you buy a company you acquire its assets and debts as well as its obligations, including lawsuits and settlements still being enforced.

Moose



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O -
Ed, How do you know all this stuff about JB? EVIDENCE? Anything?

Can we use your proof that he has done what you say?
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Joe B
Moose-

     I agree with your post in general. However, I would add a word of consideration to SRSD. You should consult your lawyer and get some information in discovery. M & A (Mergers and acquisitions) is a highly complex transaction, and lawyers are getting very clever. It may be perfectly legitimate (and legal) to set-aside a certain amount of money for a "defense fund" for pending litigation, and when those funds are depleted, there is no more...

     So, it may be prudent to file an amended complaint to include the new entities. It may not be necessary as Moose pointed out. However, it is wise to do your homework first, and that includes understanding (with certainty) exactly how the acquisition is being handled.

     I don't want to worry you, but it is better safe than sorry.

JB
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All we can do is speculate at this point what the agreement is between the parties.

I'm pretty sure I read that Citi snagged the company to get the
platform they used.

If you have a cause of action against Ameriquest, and the same actions
are taken against you by Citi then you know to add them to the
defendant list.  They have much deeper pockets than Ameriquest.

But the actual contract between the parties will lay out how assets
and obligations alongwith law suit against the company will be divied.
There are any number of ways this could be done.

I would name them as a defendant, serve the amended Complaint on
Citi if you already have one pending against Ameriquest/AMC.

Citi will file an answer to your complaint.  Admitting what there is to admit
and deny whatever they can get away with.

Citi is used to being sued by their customers.  I've read some really brutal
accounts of court with them.

The conditions of the sale will be revealed at some point.

Dee
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Ed Cage
Dee wrote: 
"Citi is used to being sued by their customers.  I've read some really brutal
accounts of court with them."
 

Dee another good post; can you possibly find or post any of this Citi lawsuit material?  I've never had any dealings with Citi per se, but any entity that would hire a known mortgage fraudster like James Brantley deserves close scrutiny.

Thanks Dee,
Ed Cage,  972-596-4363,  ecagetx@tx.rr.com

 

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I don't save the articles anymore.

I just typed in Citicorp lawsuits into the web browser.  Not too hard to find
them.  I can't keep up with all the acquisitions and mergers the moneyhandlers go through but the info could be helpful for someone looking for companies hidden inside the Citi monikers.

Try all the citi corp names they use:

Web Results

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