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Old 01-24-2006, 10:13 PM
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Post Ameriquest Settlement Final
Ameriquest Mortgage Co. has agreed to a $325 million settlement with 49 states to resolve charges of alleged predatory lending, parent ACC Capital Holdings Corp. said Monday. The announcement follows one year of settlement negotiations and two years of investigation by Attorneys General, state lending regulators and local prosecutors.

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Old 01-24-2006, 10:28 PM
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Quote:
Originally Posted by Veronica Corningstone
Ameriquest Mortgage Co. has agreed to a $325 million settlement with 49 states to resolve charges of alleged predatory lending, parent ACC Capital Holdings Corp. said Monday. The announcement follows one year of settlement negotiations and two years of investigation by Attorneys General, state lending regulators and local prosecutors.

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charges of alleged predatory lending

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Ameriquest to pay $325 mln in lending settlement (Reuters) Ron Burgundy Mortgage News 1 01-24-2006 11:28 AM
Source: Ameriquest to Pay $325M Settlement (AP) Ron Burgundy Mortgage News 0 01-23-2006 06:13 AM


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