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We've calculated that the average salary at AMC Mortgage Services is $45K based on 123 user-submitted salaries A total of 17 AMC Mortgage Services employees gave AMC Mortgage Services an average happiness rating of 4.1 out of 5.0.

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AMC Mortgage Services Careers & Info

AMC Mortgage Services Overview

AMC Mortgages Services was the loan servicing unit of Ameriquest, which was one of the biggest wholesale mortgage lenders in the United States. The company was founded in 1979 by Roland Arnall and was based in Long Beach, California. It first operated as a savings and loan association, but changed its focus to mortgage loans in 1994.

AMC and its parent companies were widely popular in the United States, being known for their large advertising campaigns on television, sponsorship of sporting events such as football and NASCAR. As a sub-prime mortgage lender, the company's practices were one of the causes of the 2007 financial crisis in the United States. More specifically, the company issued loans without verifying the borrower's incomes, which played a large role in the company's failure and in the 2008 housing bubble crisis. In 2008, AMC Mortgage Services was acquired by Citigroup and the retail lending unit Ameriquest Mortgage was completely shut down.

AMC Mortgage Services Job Information

As AMC is no longer operational, therefore no job opportunities are available with the company. However, after the Citigroup buyout, all of AMC's operations are now owned by Citigroup, a global financial services company that employs over 250,000 people around the world. Employees based in the US get various benefits, such as a 401(K) plan, health insurance, life insurance, tuition assistance and paid time off.

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