[Pelham]

Yes, infuriating and not a surprise.

Argent and Ameriquest were two of the largest subprime houses. They are largely forgotten because Argent was a division of Ameriquest and was later gobbled up by Citigroup.

And Ameriquest is one of the All Stars over at the Mortgage Lender Implode O Meter, and therefore no longer exists.

[LomanBill]

[They are largely forgotten because Argent was a division of Ameriquest]

 

 

Yep.

 

And my observation was that the SEC couldn't find its own arse with both hands and a SQL statement telling them exactly where to find it... and a few thousand Liar Loan applications for which the AAA FICO score had been fabricated.

 

Largely forgotten? Yeah,  fahgedaboudat.