Mobile, Alabama Home Blogs Alabama Mobile Miscellaneous

Topics

On the Road

Major Medical

Protecting Your Family

In the Workplace

Miscellaneous

NAACP Names Ameriquest in Lawsuit

Chrissie Cole
Chrissie Cole
Contributor
Visit Chrissie Cole on FacebookVisit Chrissie Cole on Twitter
Posted by Chrissie ColeSeptember 26, 2007 4:16 PM
Tags: Ameriquest Lawsuits
0 CommentsPrint ArticleSubscribe

The National Association for the Advancement of Colored People (NAACP) has brought a lawsuit against 11 major mortgage lenders, including Ameriquest Mortgage, for singling out black people for costly subprime loans.

Angela Ciccolo, an NAACP attorney, and Austin Tighe, an attorney representing the plaintiffs, confirmed that some of the 11 lenders named in the lawsuit had begun meeting with the NAACP to discuss the complaints.

The lawsuit, announced in July, names: Ameriquest, Long Beach Mortgage, HSBC Finance, Washington Mutual, First Franklin Financial, Fremont Investment and Loan, Option One, WMC Mortgage, BNC Mortgage, Encore Credit and Accredit Home Lenders.

Both sides are encouraged by the lenders actions to coming forward in hopes of addressing concerns face to face. However, they still think the past abuse is significant and a number of things would need to satisfy their concerns before they could move forward.


0 Comments

Have an opinion about this post? Please consider leaving a comment or subscribing to the feed to have future articles delivered to your feed reader.

Comments for this article are closed.

Subscribe to InjuryBoard Mobile

 InjuryBoard Mobile RSS Feeds

Keep up with the latest updates using your favorite RSS reader

Injury Board Mobile is brought to you by Burns, Cunningham & Mackey, P.C.

Legal Assistance Center

More Info
Burns, Cunningham & Mackey, P.C. (866) 735-1102 Ext 675 www.bcmlawyers.com
google
Personal Injury Lawyers Serving: Mobile, Butler, Chatom, Demopolis, Evergreen, Fairhope, Grove Hill, Gulf Shores, Livingston, Mcintosh, Monroeville, Mt. Vernon, Orange Beach, Theodore, Bay Minette, Bayou La Batre
50 Saint Emanuel Street, Mobile, Alabama 36602 [ Show Map ]
Better Business Bureau Accredited Business Confidential

Your question will be referred to an attorney near you. If your question is of a legal nature, then by submitting this form you agree you are not forming a formal attorney / client relationship. Read our full privacy policy.

Looking for an InjuryBoard attorney closer to home? Click here.

Additional Resources

Subscribe to Blog Updates

Enter your email address if you would like to receive email notifications when comments are made on this post.

Email address

Blog Archives

View previous posts from:

Interesting Links

Popular Tags

Child drowning Damages drowning Health Insurance Healthcare Bill Nursing Home Abuse nursing home neglect Pet Doors Pet Doors Child Safety Tort Reform

Regional Blogs

Find an InjuryBoard Blog in your area: