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May 05, 2006

Ameriquest Mortgage closes 229 offices

Now may not be the best time to get into the Mortgage business.

bizjournals:

The parent company of Ameriquest Mortgage Co. is closing 229 branch offices and laying off about 3,800 workers, effective immediately.

Ameriquest has two offices listed in Honolulu. Calls there were answered by a machine that directed callers to leave a message. The company Web site said Hawaii customers are serviced by a regional center on the Mainland.

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