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ACC, the parent company of Ameriquest and Argent finalized the lay off of approximately 50% of its staff. The layoffs, expected for weeks by employees, is across the board.
UPDATE: I initially said Accredited Home Lenders, which was inaccurate (as explained in a more recent post).
Last 3 posts by Morgan
- Subprime Bananas - June 28th, 2009
- Roubini: No confidence in government exit strategy - June 24th, 2009
- Goldman bonuses largest in firm's 140-year history - June 21st, 2009
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