Remember when Donald Trump owned a mortgage brokerage firm? It was early last decade and from what I recall Trump Mortgage (or whatever the thing was called) wasn’t exactly a market leader. And when ‘The Donald’ saw that trouble was on the way in mortgageland USA he did what any smart businessman would do: he ran for the hills and closed the thing down. I would venture that the experience was probably The Donald’s first and last dance with residential finance. Meanwhile, Trump (of course) is still a real estate developer and he (as we all know) may run for president. But a recent poll conducted by Bloomberg suggests that global investors are none too thrilled with the prospect of him occupying the White House. By 68% to 14% the billionaire is viewed unfavorably by respondents in the Bloomberg poll. I wonder how Angelo Mozilo might fair in a poll? Frank Raines? Jim Johnson?
Loan Think
Former Mortgage Broker Owner Trump May Not be ‘The Man’ After All
Published May 13, 2011, 11:58 a.m. EDT
1 Min Read
