Join Arts Collinwood and the Ohio Independent Film Festival on Friday, November 18th at 7 pm for this timely, award-winning film,” Subprime.” This is a no cost event!
The year is 2001 and both David’s life and the mortgage industry are in balance. After the attacks on 9/11 the stock markets shut down for over a week marking its biggest decline since the great depression. America’s economy is in the tank and the mortgage industry’s response is easy lending and easier money. It was the dawn of the biggest boom in the mortgage industry’s history and a young and naive David Martin was interviewing at a chop shop brokerage called Empire Funding. Once hired, David joins an unsavory group of unethical mortgage brokers led by Empire’s manipulative and controlling owner, Michael Banco. It is here where David is exposed to the mortgage industry’s veritable group of crooks, cons and cheats – Realtors, Appraisers and Investors – and they all have a con of their own. David is soon faced with the decision of abandoning what he knows is right…Written by James Repici.