Goldman Sachs home loan sent couple toward bankruptcy
SAN JOSE, Calif. — When Ca wildfires ruined their accessories business, Tony Becker and his partner dropped months at the rear of to their financial money and knowledgeable first-hand the dangers out of subprime mortgage loans.
The happy couple wound up when you look at the a desperate, six-season struggle to maintain their step 1,500-square-ft San Jose household, challenging that forced them with the bankruptcy proceeding.
The lending company having whom they sparred, but not, wasn’t one that published its financing. It was an unclear part regarding Wall structure Road colossus Goldman Sachs Classification.