Disgraced junk-mortgage pusher Richard Fuld gets $5 million mortgage on Jupiter Island home

Richard Fuld, who was considered a Wall Street vilain for his support of subprime mortgages in the mid-2000s, just obtained his own mortgage on a Jupiter Island property. (Source: Gossip Extra)

From Jose Lambiet’s Gossip Extra: Ex-Lehman Brothers boss Richard Fuld, who nearly collapsed the U.S. economy in 2008 by backing millions of subprime mortgages and consumer loans given to folks who couldn’t pay back, just obtained a mortgage.

Fuld, 69, and his wife Kathleen, received $5 million from First Republic Bank, according to Martin County property records.

The couple used their stunning $14 million-beachfront property at 265 South Beach Road in Jupiter Island as collateral.

For the complete story: http://www.gossipextra.com/2015/12/03/richard-fuld-lehman-gets-mortage-florida-house-5438/

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