March 4, 2008
Quality Home Loans claim top $330M
Loss claims in Quality Home Loans’ collapse have surged to $332 million as a three-way fight has broken out between the bankrupt lender, its investors and Pacificor, a Santa Barbara-based hedge fund that pumped more than $40 million into the company. The latest twist in the tangled Chapter 11 bankruptcy is a $60 million complaint by investors in Agoura Hills-based Quality Home Loans. Creditors have made $272 million in claims, and the investors’ filing pushed the total tab to the $332 million m
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