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Correction: ACC not Accredited

by Morgan on March 16, 2007

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My apologies to everyone for the inaccuracy, but I just reconfirmed with my source after numerous inquiries about Accredited, I spoke with them this morning and they accidentally said Accredited, while meaning ACC, Ameriquest and Argent’s parent company.  Obviously, I deeply regret any confusion and adding to the frenzy of speculation about various lenders.

In Accredited’s press release they do mention the possibility of layoffs, and that combined with my source was the reason for ‘running’ with the story.  I will now corroborate my story from more than one source before going public with any information in the future.

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