When mortgages go bad, sometimes they go very bad. From our pals at Department of Justice, news of one mortgage banker on the lam:
The defendant, the Executive Vice President and CFO of CHL Mortgage Group fled from FBI Special Agents this morning in a maroon 2003 BMW X3 with a license plate of 5ETZ317. CHL Mortgage Group (CHL), Batayeh’s former company was located at 2000 Crow Canyon Place, Suite 400, in San Ramon, California. Batayeh’s residence is located at 4290 Chloe Drive, Concord, California. Anyone with information regarding Mr. Batayeh’s whereabouts should contact the FBI at 415-553-7400. Batayeh should be considered armed and dangerous.Driving a three-year-old Beemer? Sad. Besides, it was only an indictment.. He totally blew it.
· Armed & Dangerous [DOJ via Inman News]