Firm that would buy Nassau's debt is little known

Originally published: September 22, 2012 9:53 PM
Updated: September 22, 2012 10:21 PM
By ROBERT BRODSKY ?robert.brodsky@newsday.com

Photo credit: Howard Schnapp | Nassau County Executive Edward Mangano. (March 19, 2012)

The company at the center of a proposed deal to sell off $20 million in Nassau County tax refund debt would be run by a seasoned mortgage investment manager and a recent business school graduate.

Last week, Nassau announced plans for a private investor, RPTF Llc of Uniondale, to pay 18,000 homeowners who have been waiting a year for tax refunds. Nassau would pay the company back over seven...

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Source: http://www.newsday.com/long-island/nassau/firm-that-would-buy-nassau-s-debt-is-little-known-1.4029583

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