
Bylaws of Ameriquest Mortgage Securities, Inc Form


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People also ask
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Who took over the Argent mortgage?
Argent Mortgage Company was acquired by Citigroup.
-
What happened to families who could not pay their mortgage?
Depending on the law in your state, after you've missed mortgage payments, your servicer or lender can move to declare your loan in default and serve you with a notice of default, the first step in the foreclosure process. Here's what might happen when your loan is in default: You could owe additional money.
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Who took over Ameriquest Mortgage company?
Ameriquest closed in 2007, and the rest of the company was acquired by Citigroup.
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What happened to Ameriquest Mortgage company?
On September 1, 2007, Citigroup completed its acquisition of Argent Mortgage and AMC Mortgage Services, shutting down Ameriquest Mortgage.
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Who owns Ameriquest?
Ameriquest closed in 2007, and the rest of the company was acquired by Citigroup.
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What happened to mortgage backed securities in 2008?
Ultimately, as house prices declined nationwide and mortgage defaults began rising, the value of all the mortgage-backed securities deteriorated. The rise in defaults, by undermining the value of trillions of dollars of mortgage-backed securities, severely disrupted the securitization funding mechanism itself.
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