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Articles Posted in Predatory Lending

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Ameriquest Pays Out $18 Million In New York Predatory Lending Cases

Ameriquest mortgage company is paying out more than $18 million to 13,686 New Yorkers in restitution for indulging in predatory loan practices, a news article in the North Country Gazette reported. The company, like many others around the country, reportedly enticed homeowners to refinance mortgages by misrepresenting and/or failing to…

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