Ask Experts Questions for FREE Help !
Ask
    ranger101's Avatar
    ranger101 Posts: 2, Reputation: 1
    New Member
     
    #1

    Sep 17, 2010, 05:52 AM
    Mortgage Foreclosure Question
    In foreclosure in FL from Deutsche Bank as Trustee for Ameriquest. Original mortgage was with Option One, then refinanced with Ameriquest. Both mortgages recorded and the Assignment from Ameriquest to Deutsche as Trustee. However, when Option One recorded the Release of Mortgage, the Instrument, Bk & Page actually refer to the Title Affidavit and not the mortgage. Doesn't that mean that Ameriquest is actually in second position on this loan with no legal right to foreclose? The loan is now being serviced by AHMSI which is owned by W.L. Ross, who also bought out Option One. I have requested twice, in writing, from AHMSI who they are servicing the note for, but do not get a response. Negotiating with them is impossible. Any ideas on this discovery of Option One's filings?

Check out some similar questions!

Foreclosure help? Who has the mortgage? [ 0 Answers ]

In foreclosure in Miami. Original loan with Ameriquest, then assigned to Deutsche (recorded) then letters from Citi-Residential, now American Home Mortgage Servicing, Inc. Did Citi-Residential buy all of Ameriquest mortgages and notes? What happens if the foreclosure is still being processed for...

Mortgage in Foreclosure [ 8 Answers ]

My question is about my old house. It was foreclosed on in July 2008. On the information sent to me from the law firm representing the mortgage company, they want $136,000 out of the home. I had a second mortgage for $36,000. Now the second mortgage did not wait for them to sell the house....

Mortgage foreclosure defense [ 2 Answers ]

My mortgage is currently in foreclosure, when I signed the mortgage the notary public was not present. I signed the document in Little Rock Arkansas, the notary notarized it in Florida when she got the document back. There were 2 witnesses to my signature. Is that a valid defense?

Mortgage and Foreclosure [ 3 Answers ]

My question is about mortgage and foreclosure. Let's say for an example, individual A owns a single family home and he owes $200,000.00. He has first mortgage of $160,000.00 with Bank A and has home quity loan of $40,000.00 with Bank B. His current house value is $170,000.00. My question...

Mortgage foreclosure [ 1 Answers ]

OK, I have been renting a home for the past two years. The homeowner has filed bankruptcy and the case was granted for the first and second mortgage. Now the 2nd mortgagor has filed foreclosure for 14K. Will the second mortgage be able to have the house sold if the foreclosure is granted? The...


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.