OLYMPIA – Attorney General Rob McKenna and the state Department of Financial Institutions (DFI) today announced a $325 million nationwide settlement with Ameriquest Mortgage Company. The agreement resolves allegations of widespread fraud by the company as part of a high-pressure scheme to sell mortgages that trapped consumers into debt and put them at risk of losing their homes.
Olympia, WA – Washington State Attorney General Rob McKenna, Assistant Attorney General Dave Huey, and Chuck Cross, Director of Consumer Services for the Department of Financial Institutions, will be available by phone from Los Angeles on Monday to brief reporters on a multi-state settlement with Ameriquest. The briefing will provide background on the case, information about the terms of the settlement, and a description of how Washington consumers are affected.
TACOMA—The Attorney General’s Financial Crimes Unit Wednesday charged a Lakewood loan officer with stealing $900 in fees from his clients.
SEATTLE – Attorney General Rob McKenna today announced a settlement with six Everett- and Seattle-based companies that concludes an investigation into alleged deceptive estate planning sales tactics that targeted senior citizens.