ping
Thanks for the *Ping* ! I hear about Ameriquest last night. Mortgage companies all over the U.S. are tightening their belts. What do lenders understand, that most people do not even have a clue about?
I thought these were the people who were bragging about being the financiers for the baby boomers - who were going to retire in style .. or some such drivel.
.... or do I have these people confused with some other finance group which also recently appeared on the scene ..??
I work for a mortgage company. We regard ameriquest as scum. they overinflate home values so that when they take cash out, they end up flipped over (they owe more than the house is worth.) they have so many class action suits against them right now. they train their l.o.'s to bait and switch and turn them loose. they don't explain anything to their customers. then people are ticked and sue.