State prosecutors and lending regulators in 49 states and the District have reached a wide-ranging $325 million settlement with Ameriquest Mortgage Co., the nation's largest lender to home-loan borrowers with poor credit, to resolve allegations that the company defrauded and misled consumers. -
Mortgage Lender Settles Lawsuit
State prosecutors and lending regulators in 49 states and the District have reached a wide-ranging $325 million settlement with Ameriquest Mortgage Co., the nation's largest lender to home-loan borrowers with poor credit, to resolve allegations that the company defrauded and misled consumers.-
By Kirstin Downey