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Real Estate & Property Law

: The Home Equity Theft Reporter

CBS' 60 Minutes On World Savings' Whistleblower

By r morris

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CBS' 60 Minutes ran a story Sunday night featuring the story of Paul Bishop, a plainspoken former loan salesman who is blowing the whistle on his former employer, one-time subprime lending giant World Savings, about the kinds of loans they were making to homeowners who couldn't afford to repay, and how they went about making the loans. While working at World, he reportedly told executives what

Full post as published by The Home Equity Theft Reporter on February 15, 2009 (boomark / email).

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