It was investigated for predatory lending by state prosecutors, and the company now faces a class-action lawsuit from borrowers.

NPR: Former Ameriquest Workers Tell of Deception

When the outcry catches up with them, the crooks simply move to another office in another state and resume their predatory ways.

FORBES: Magazine Article

Greenwich sued in 1998 after Countrywide agreed to renegotiate the terms of mortgages as part of a settlement of predatory-lending charges by 11 state attorneys general.

FORBES: New York Court Dismisses Hedge Fund's Suit Over Countrywide Mortgages

Director Cordray, who previously served as Franklin County Ohio Treasurer, Ohio State Representative, Ohio State Treasurer and Ohio State Attorney General, spoke about his experiences as a state and local official and the importance of the CFPB partnering with local enforcement organizations to prevent predatory lenders from taking advantage of the American people.

WHITEHOUSE: Director Richard Cordray Invites Local Leaders to Partner with CFPB in Protecting Consumers | The White House