Violation Tracker Individual Record
Date:January 23, 2006
Primary Offense:consumer protection violation
Ameriquest agreed to a $325 million settlement -- consisting of $295 million in customer restitution and $30 million to the states -- to resolve multistate litigation involving predatory lending allegations.
Level of Government:state
Action Type:agency action
Agency:Multistate Attorneys General Case
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:New York
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking & securities
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.