Hundreds eligible for home mortgage lender settlements

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Hundreds of Vermonters are eligible for settlements with a home mortgage lender.

The attorney general’s office says Ameriquest Mortgage Company will split $360,000 among its Vermont customers.

The payments will settle a lawsuit in which the state charged that Ameriquest was following unfair and deceptive lending practices.

Notices are being mailed to the eligible consumers this week.

Consumers will receive between $200 and $2,300 on each eligible loan.

To qualify, they must complete claims forms and file them by September.

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