Ameriquest Layoffs, Closings, May Help Open New Doors for Rivals
May 12, 2006
Massive layoffs and branch closings at Ameriquest Capital Corp. promise to reshape the subprime market landscape in the months ahead. In fact, some lenders are already lining up to exploit what they see as a golden opportunity to gain market share from a strategic retrenchment that could put as much as $3 billion a month in new retail business into play. …