Ameriquest Will Pay $325 Million and Reform its Lending Practices to Resolve States’ Investigations
Consumer Protection | Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Monday, January 23, 2006
Attorney General Carl C. Danberg announced today that Ameriquest Mortgage Company, the nation’s largest sub-prime lender, has agreed to pay $295 million to consumers and make sweeping reforms of practices that states alleged amounted to predatory lending. Ameriquest also will pay a total of $30 million to the 49 states and D.C. that are participating in the settlement agreement for costs of the investigation and consumer education and enforcement..
ATTORNEY GENERAL’S INVESTIGATIVE REPORT ISSUED REGARDING ELECTION COMMISSIONER’S POLITICAL ACTIVITY
Consumer Protection | Department of Justice | Department of Justice Press Releases | Date Posted: Tuesday, January 17, 2006
Attorney General Carl C. Danberg announced that his office has issued today an Attorney General’s Investigative Report on whether State Election Commissioner, Frank Calio, violated Delaware law through his articles and commentaries discussing political subjects.
