Lawsuit Suggests Ameriquest Shouldn't Have Made Loan - Mortgage Forums for Mortgage Brokers

Welcome to MortgageBrokerLand.com, an online community for the mortgage industry where you can join mortgage brokers, wholesale lenders, lead providers, and other industry professionals in discussions concerning today's mortgage business. To gain full access to MortgageBrokerLand.com you must register for a free account. As a registered member you will be able to:

Post loan scenarios for review by wholesale account executives and other mortgage brokers
Communicate privately with other members around the country
Establish your community reputation to take advantage of free offers from service providers

All this and more is available to you when you register for a free account. So sign up today!

If you have any problems with the registration process or your account login, please contact support.

		Mortgage Forums for Mortgage Brokers > Mortgage Business > Mortgage News
Lawsuit Suggests Ameriquest Shouldn't Have Made Loan

#1 (permalink)

02-26-2006, 06:13 AM

Veronica Corningstone Veronica Corningstone is offline

Corner Window Office

Join Date: Jan 2006

Posts: 1,837

Veronica Corningstone is on a distinguished road

Lawsuit Suggests Ameriquest Shouldn't Have Made Loan

An elderly woman alleged in court documents that, after she contacted Ameriquest Mortgage Co. in March 2005 about getting a loan for $4,000, two representatives convinced her that she would save money by getting a loan through the company. She claims company representatives cajoled her into obtaining a loan at double the interest rate she could have gotten from her credit union.

Link To Original Article

__________________
Get more mortgage news

« Freddie's Total Portfolio Nearing $2 Trillion | Fannie Mae report shows no new major violations: WSJ (Reuters) »

Thread Tools
Show Printable Version Email this Page

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are Off

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Ameriquest Settlement Final	Veronica Corningstone	Mortgage News	1	01-24-2006 10:28 PM
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
yeah yeah yeah so i finally made it over here	realdealphil	New Member Introductions	28	01-09-2006 07:38 PM
Mortgage Company Loses Lawsuit	Veronica Corningstone	Mortgage News	0	01-06-2006 02:13 PM

All times are GMT -7. The time now is 12:39 AM.