Ameriquest Parent ACC Capital Will Cut 3,800 Jobs (Update1)

Ameriquest Parent ACC Capital Will Cut 3,800 Jobs (Update1)
May 2 (Bloomberg) -- Ameriquest Mortgage Co.'s parent, ACC Capital Holdings, plans to close all of its 229 retail branches and eliminate about 3,800 jobs as the U.S. real estate market cools and more customers take out home loans online.

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ACC Capital Will Cut 3,800 Ameriquest, Town and Country Jobs
May 2 (Bloomberg) -- ACC Capital Holdings, the parent of Ameriquest Mortgage Co., plans to close 229 retail branches and cut about 3,800 jobs as the real estate market cools and fewer buyers seek home loans.