“Someone stole all my credit cards, but I won’t be reporting it. The thief spends less than my wife did.”
- Henny Youngman
Though Ameriquest, a favorite whipping-post-lender-from-the-good-old-days is long defunct, there are apparently still some former employees winding their way through the judicial system. From WCCO:
“A former mortgage assistant…admitted to stealing the files of 93 people who’d made loan applications at Ameriquest Mortgage, where he worked from March 15 to April 29, 2005.”
I would honestly like to see a case study to find out who is really worse off - people who had their identities stolen by Ameriquest, or people who willingly accepted a mortgage from Ameriquest.
My bet is at least a few of those with their ID’s stolen may have really dodged a bullet.
By the way, Consumerist points out that if you ever had a mortgage with Ameriquest, you can still enter your loan number to see if you are eligible for a $1,000 cut of Ameriquest’s $325 Million dollar settlement for being extremely sketchy and shady.