![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
Citi Helping to Pick Up Mortgage Pieces
Todd Sullivan (September 7th, 2007) Writes:
First Bank of America (BAC) took a stake in Countrywide (CFC) and now Ameriquest Mortgage Co., once the “Proud Sponsor of the American Dream,” is closing and Citigroup (C) said Friday that it would buy the remnants of the business from ACC Capital Holdings in Orange.
Ameriquest shuttered its 229 retail offices months ago and as recently as 2005, Ameriquest and its sister company, Argent Mortgage, were together the No. 1 sub-prime mortgage lender in the world.
Tags for this Post:
ACC Capital Holdings, Ameriquest Mortgage Co., Argent Mortgage, Bank, Bank Of America, Citigroup, Countrywide, Danielle Romero-Apsilos, local law, Mortgage Pieces First Bank of America, New York, retail offices months, Stocks to Watch, sub-prime mortgage lender, Up Mortgage Pieces First Bank, USD, wall street, wells fargo
ACC Capital Holdings, Ameriquest Mortgage Co., Argent Mortgage, Bank, Bank Of America, Citigroup, Countrywide, Danielle Romero-Apsilos, local law, Mortgage Pieces First Bank of America, New York, retail offices months, Stocks to Watch, sub-prime mortgage lender, Up Mortgage Pieces First Bank, USD, wall street, wells fargo
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.