About Roland E. Arnall
Roland E. Arnall was an American businessman and diplomat. As the owner of ACC Capital Holdings, he became a billionaire with Ameriquest Mortgage. Additionally he funded, financed and was the visionary and co-founder of the Simon Wiesenthal Center, and from 2006 until shortly before his death he was the United States Ambassador to the Netherlands. He was the originator of stated income loans, better known as sub-prime loans. By the end of 2005 two of Arnall's companies, Ameriquest and Argent, had funded almost $75 billion in subprime loans. In the 2003–05 period, Arnall and his wife raised more than $12 million for George W. Arnall was the billionaire owner of ACC Capital Holdings, the parent company of Ameriquest, which became one of the United States's largest sub-prime mortgage lenders.
Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.