Rotellini’s Record of Failure with State Banking Department
Mortgage Fraud Skyrocketed; Arizona Homeowners Lost Everything
The Arizona Department of Financial Institutions (ADFI) exists to protect consumers and ensure “the safety and soundness of the financial services industry in Arizona.”
But, under Democrat Felecia Rotellini’s watch as agency Supervisor (2006-2009), the State of Arizona became Ground Zero for the kinds of mortgage fraud and lending scams that ultimately brought the entire housing market crashing down.
According to the Mortgage Asset Research Institute …