Ameriquest Mortgage Company and Argent Mortgage Company Celebrate Grand Opening of New Schaumburg Facility; New Loan Servicing Center Now Operational.SCHAUMBURG, Ill. -- Ameriquest Mortgage Ameriquest was one of the United States's leading wholesale subprime lenders. Ameriquest was founded in 1979, in Orange County, California, as a bank, Long Beach Savings & Loan. Company and Argent ar·gent n. 1. Heraldry The metal silver, represented by the color white. 2. Archaic Silver or something resembling it. Mortgage Company commemorated today the expansion of their affiliated servicing operation in Illinois with the grand opening of a new loan servicing Loan servicing is the process by which a mortgage bank or subservicing firm collects the timely payment of interest and principal from borrowers. The level of service varies depending on the type loan and the terms negotiated between the firm and the investor seeking their services. center in Schaumburg. Located in the 11-story office tower at Windy Point, 1600 McConnor Parkway in Schaumburg, company executives and newly hired associates were joined by a host of local officials welcoming them to the community. Argent already employs more than one thousand associates in Schaumburg. The companies' additional expansion, which will ultimately create 2,100 new jobs over the next three years, was announced at a joint press conference with Gov. Blagojevich in November 2004. The new servicing facility is now operational, with 90 associates hired to date. Al Larson, Village President of Schaumburg, speaking at the event welcomed the new loan servicing associates to the community, stating, "Ameriquest's and Argent's decision to locate in the Village further underscores our commitment to maintain Schaumburg's reputation as a great place to do business. On behalf of the entire Village Board, I am happy to welcome Ameriquest and Argent to Schaumburg." Adam Bass, senior executive vice president of Ameriquest, said, "Today we celebrate the beginning of a long and fruitful fruit·ful adj. 1. a. Producing fruit. b. Conducive to productivity; causing to bear in abundance: fruitful soil. 2. partnership in Schaumburg. We are pleased 90 people have already joined our company and look forward to welcoming many more professionals from the area to fill planned management and mortgage servicing Mortgage servicing The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default , involved with a mortgage loan. operations positions." Ameriquest and Argent are part of Ameriquest Capital Corporation, a national financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company based in Orange, Calif. Ameriquest is a national retail mortgage company and works directly with consumers. Argent is a national wholesale mortgage lender that provides consumer loans through independent mortgage brokers. About Ameriquest Mortgage Company Ameriquest Mortgage Company, headquartered in Orange, Calif., is a national mortgage lender committed to helping people achieve their homeownership dreams and financial freedom. To fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. that mission, Ameriquest originates and services home mortgage loans through more than 280 branch offices across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Ameriquest and its affiliates employ more than 14,000 associates nationwide. For more information about Ameriquest Mortgage Company or to find out about career opportunities, visit the company's Web site at www.ameriquest.com. About Argent Mortgage Company Headquartered in Irvine, Calif., Argent Mortgage Company is a leading national mortgage lender. The company works exclusively with independent mortgage brokers and bankers across the country through loan processing centers in California, Illinois and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . For more information about Argent or to find out about career opportunities, visit the company's Web site at www.argentmortgage.com. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion