Mortgage Company Exec Jumps to Death

[fed-up]

Source: San Francisco Chronicle-(AP)

Friday, January 18, 2008

(01-18) 17:20 PST Marlton, N.J. (AP) --
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.

Prosecutor Robert Bernardi said Evesham Township police went to the couple's home in the Marlton section of the township around noon after a male caller asked them to check on Marci Buczynski. Her body was found in a bedroom.


..snip

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. The company had recently filed court papers seeking approval to pay about $1.1 million in bonuses that would be divided among Buczynski and other staffers so the company could wind down its lending operations and go out of business.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/01/18/national/a172052S04.DTL&tsp=1

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was he feeling guilty???

edited to swap paragraphs from the story for those that don't follow the link