Former Ameriquest Worker Describes Deliberate Deceptions Used on its Customers
Americans are losing their homes in record numbers due to subprime lenders who allegedly lied to customers about their mortgages. Some former employees of Ameriquest, the nation's leading subprime lender, say the company encouraged them to conceal rate terms, make fake fixed-loan documents that pushed customers into loans they couldn't afford, and more.
Listen to this morning's NPR interview. It's quite shocking.
Location: USA
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