Tuesday, September 13, 2005

do the deal and move on to the next

Ameriquest says they are the sponsor of the American dream. But at what cost? The loan processors were tirelessly working on 15 loans per month when 3 to 5 loans a month was standard. Ameriquest has been paying the price, in court cases that have already cost it more than $100 million. And company officials have set aside another $325 million to settle other lawsuits on the horizon.

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