Job Cuts at AMQ, Argent May Total 3,000

ACC Capital Holdings, Orange, Calif., laid off hundreds of retail and wholesale workers Thursday at affiliates Ameriquest and Argent Mortgage, consolidating its consumer call-center operation into just one location.A source inside the once high-flying subprime giant told MortgageWire that the job losses total close to 3,000. A company spokesman declined to comment. The spokesman said the only retail call center remaining will be the Orange, Calif., location. Previously, there were four sites. (For more details, see the March 19 issue of National Mortgage News.)