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The Boston Real Estate Blog

I am an independent real estate broker, focused on the residential real estate market in downtown Boston.

Trump Closes Mortgage Company

Posted on 08/07/2007 07:18:40 | Link | Post Comment

Not much to add to this story from today's Post.

As the mortgage mess widens, Donald Trump has pulled the plug on Trump Mortgage less than two years after its launch.

Plagued by bad timing and the disclosure that the firm's chief executive, E.J. Ridings, had inflated his credentials, the outfit never came close to reaching its financial goals, according to a report today in Crain's New York Business.

Complete story: Trump Mortgage Flop Tied to Credentials Flap - By Paul Tharp, The New York Post

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