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Predatory-Loan Suit Could Hit Ameriquest Founder

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Predatory-Loan Suit Could Hit Ameriquest Founder

Business

Predatory-Loan Suit Could Hit Ameriquest Founder

Predatory-Loan Suit Could Hit Ameriquest Founder

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Roland Arnall, the U.S. ambassador to the Netherlands and the founder of mortgage lender Ameriquest, may soon get pulled into a lawsuit over predatory lending.

Ameriquest customers say the company steered them into predatory loans — and many involved in an ongoing class-action suit wants Arnall, a billionaire who is currently the U.S. ambassador to the Netherlands, held personally liable.

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