Saturday, Jan 19, 2008

Not like 1929 at all......

SF Chronicle: Mortgage Company Exec Jumps to Death

An executive of a collapsed subprime mortgage lender jumped to his death from a bridge Friday, shortly after his wife's body was found inside their New Jersey home, authorities said.
The deaths of Walter Buczynski, 59, and his wife, Marci, 37 — the parents of two boys — were being investigated as a murder-suicide, according to the Burlington County Prosecutor's Office.
Walter Buczynski was a vice president of Columbia, Md.-based Fieldstone Mortgage Co., a high-flying subprime mortgage lender that made $5.5 billion in mortgage loans and employed about 1,000 people as late as 2006. However, it has since filed for bankruptcy and now has fewer than 20 employees.

Posted by lvmreader @ 09:49 PM (221 views) Add Comment

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