Posts Tagged ‘Steven Gluckstern’
Foreclosure prevention program may not assist those most in need
Richmond Confidential obtained a list of 602 of the 624-targeted mortgages, which we’ve mapped. When comparing a map of the homes the city has targeted for assistance to a map of foreclosed properties in the city, one thing is clear: They’re pretty different.
Read MoreEminent domain firm defends against Wall Street charges
As critics point out, the people behind Mortgage Resolution Partners bear some striking similarities to the Wall Street bankers they’re ostensibly fighting. Chairman Steven Gluckstern says that although all three of the firm’s partners have worked for financial institutions in various capacities, none of them have any connection to the mortgage-backed securities that created the financial crisis of the mid-2000s.
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