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Mortgage brokers and former stock salesmen looking for new ways to make fast profits. He said he learned to sell in the 1990s at Sterling Foster & Co., a Long Island firm where he got his friend a.

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L.I. mortgage broker who aided FBI gets 27 months in prison for insider trading scheme – NEWARK – A Long Island mortgage broker whose extensive cooperation with investigators. Kluger, and a longtime New York stock trader, Garrett Bauer. For more than 17 years – starting in 1994 -.

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Long Island mortgage brokers hit hard by downturn – In Manhattan, America’s mortgage meltdown barely registers; property prices are holding up and sales are strong. But on Long Island, the credit crisis. “We had a bunch of penny stock brokers who.

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Subprime Fiasco Exposes Manipulation by Mortgage Brokerages – Mortgage salesmen like Afghani. Afghani describes chaotic office scenes that recall “Boiler Room,” a 2000 movie about stock brokers at a Long Island wire house. To spur sales, Secured Funding.

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Long Island real estate agents. an associate broker with Realty Connect USA in Hauppauge. “They’re just saying, Listen, Annie, I don’t want to go above $2,500′ ” in monthly mortgage payments,