Posts tagged lawsuit

• Ameriquest to Pay $325 Million to Homeowners

  Chrissie Cole | July 12, 2007 12:44 AM | 0 CommentsMontgomery, AL Category: Miscellaneous
  

  Ameriquest Mortgage Co. along with AMC Mortgage Services Inc. (formerly Bedford Home Loans) and Town and County Credit Corporation agreed to pay $325 million to homeowners that were affected by home mortgage sales schemes.The settlement is a resolution to allegations that Ameriquest and affiliates failed to properly disclose home loan terms, failure to disclose whether loans were adjustable or...

• One of Many Lawsuits Against Ameriquest Mortgage Co.

  Chrissie Cole | July 01, 2007 12:47 PM | 0 CommentsMontgomery, AL Category: Miscellaneous
  

  Dated as far back as April 2005, there have been several lawsuits filed against Ameriquest Mortgage Co. One such lawsuit against Ameriquest Mortgage Co. includes five residents of Pinellas County who went to Ameriquest Mortgage Corp. for home loans, allege the company's Tampa office inflated appraisals, lied about interest rates and fees and falsified documents to drum up more business.They...