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By E. Scott Reckard and Mike Hudson, Special to The Times
More Mortgage Lenders Targeted
In the aftermath of Ameriquest, regulators say they're continuing to probe
'sub-prime' firms.
By E. Scott Reckard and Mike Hudson, Special to The Times
Ameriquest Mortgage Co.'s agreement last week to pay $325 million and reform
its operations could turn out to be the first in a series of regulatory
actions targeting mortgage companies specializing in credit-strapped
borrowers.
http://www.latimes.com/business/la-fi-badloans31jan31,0,1461312.story?coll=la-home-business