Firm that would buy Nassau's debt is little known
Photo credit: Howard Schnapp | Nassau County Executive Edward Mangano (March 19, 2012)
Nassau's budget deficit
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Nassau County Executive Edward Mangano
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...
