Someone I know was closing for an AHM package and in the middle of it, the broker called and was like, "cancel that, the lender we're using just went under." Can you imagine being those borrowers? I would headesk my head open. But the bubble burst long ago, when Ameriquest offices nationwide were put on lockdown as company henchmen oversaw people's clearances out of their respective branch offices. That was the end. These bubbles now are just the last of the oxygen from the industry's drowned cadaver.
no subject