Ameriquest
From Wikipedia, the free encyclopedia
Ameriquest is a national mortgage lender based in Orange, California. The company is the largest privately held retail mortgage lender in the United States and the largest subprime lender by volume. The company settled a class action case for $325M in early 2006 with 49 states over allegations of predatory lending practices. It is owned by Roland Arnall.
Because Ameriquest is best known for its subsidiary, Ameriquest Mortgage Company, which makes direct loans to customers, the company is discussed in the article on that company rather than here.
On May 2, 2006, ACC Capital Holdings, the company that owns Ameriquest Mortgage Company and Town & Country Credit announced the closure of all of its offices as part of a plan to consolidate its retail mortgage lending operations into four regional call centers. [1]
[edit] Sponsorships
- Starting in 2006, Ameriquest began to sponsor the "Ameriquest Dream Team" in the NASCAR Busch Series. Drivers Mark Martin (#6), Greg Biffle (#16), Matt Kenseth (#17), and Carl Edwards (#60) all drove Ameriquest racecars throughout the season.
- In 2004, Ameriquest obtained naming rights to the Ballpark in Arlington, home to the Texas Rangers baseball team, and renamed it Ameriquest Field.
