Does Ameriquest Have the Right Formula for Success?
Changes to the way that business is being done at Ameriquest Mortgage have dominated the industry headlines recently, with much of the talk focusing on whether the retail giant’s vision of the marketplace is correct. But officials at the California-based lender say that the decision to close nearly 300 branches and fire close to 4,000 workers as part of a strategic reshuffling will position it well for long-term growth. …