abstract:Ameriquest was one of the United States' leading wholesale lenders, and the largest sub-prime lender in the nation until all but four of its top-performing retail offices were closed in September 2007. Its loan origination practices were at the heart of the Financial crisis of 2007–2010.
The announcement came after weeks of speculation that Ameriquest might be sold outright, perhaps to hedge fund Ellington Capital, which specializes in mortgage investments.