Ameriquest Mortgage Co
Shut down fired roughly 3,800 employees the employees for this company were shady and involved in deceptive business practices

Business & Finance

Today there are many sad people, the days of getting rich quick with Ameriquest were on life support. Today the they have received Last Rites and have been burried. There will be many people in attendance at the funeral in the vehicles that will most likely be repoed the to they glory of many of the consumers that bent over for them to drive them.

However, not all the employees for this company were shady and involved in deceptive business practices. There were actually employees that cared about their consumers and made their income in an honest way. They are the people who earned their living striving for what was right. They are the ones who went home to their families today after a conference call and guards telling them they had 15 min to clear out and leave. Unfortunately the employees that did nothing wrong are paying for the mistakes of their predecessors, the ones who shall remain nameless, the ones who made their living quick and have tiptoed out the back door without even an explanation. They are the ones that told the employees that they had nothing to worry about and that their job would be there, even after the 325 million dollar law suit was settled.

The company that prides themselves on families and "Soaring Dreams" fired roughly 3,800 employees via a 10 min call. Alot of dream crashed and burned today. I feel for those living above their financial budget but if they did not see this coming they were blind or living with their heads in the clouds.

These are the same employees that worked between 50-65 hours in a week and continued to solicit business even though the company basiclly made it impossible to make the comission that they promised.

Upper Management continued to make their money off the Acct. Execs while working them in a boiler room atmosphere. So although there are no more local offices there is still Ameriquest... 3,800 souls less.

Be glad if you were laid off today atleast you can reclaim your souls from the devil.


Company: Ameriquest Mortgage Co
Country: USA
State: California
City: Orange
Site: www.ameriquest.com
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