I feel for you ... I've been in federal court where I was told the judge got bought-off ... initially he ruled in my favor on summary judgment based on the facts and evidence of the record ... then after trial, after proving the allegations made, he contradicted himself and ruled in their favor - to help with his guilt, he said and put in his order that he was "personally offended" by what was done to me.The 2nd knew prior to ever filing my proof of claim in bk court that they didn't know who owned my 2nd mortgage. So to me their proof of claim to be paid is false. Is a $500,000 penalty or 5 yrs in jail. It may of stopped some of these foreclosures...Doubt it at the rate I'm seeing things happen...
Its just to dam involved...What a nightmare for anyone!
Anyway, back to the subject at hand ... I'm glad I found out they are to possess and prove the original mortgage to be able to foreclose.
My sister got a mortgage with Ameriquest too -- I see what is meant by "predatory lenders" - good luck

