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LOAN SHARK...PREDATORY LENDER...U.S. AMBASSADOR...
"Thousands of homeowners have sued Ameriquest, saying they incurred significant financial harm after taking out an Ameriquest mortgage. Some lost their homes and were forced into bankruptcy. Several class-action suits against Ameriquest remain pending.
The settlement is important to the Bush administration because it nominated Ameriquest's founder and principal shareholder, Roland E. Arnall, to be the ambassador to the Netherlands. Arnall has been Bush's single largest campaign contributor since 2002..." (Palm Beach Post)
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