2012-10-18homepreservationnetwork.com

``While the corporation apparently withdrew from business in Massachusetts in 2002, Mr. Romney was directly associated with Thomas Basmajian from the corporation's inception in 1997 until 2002. Basmajian, also a Director of FCMS REO Sub Corp., was more widely, and infamously, known for his creation of and involvement in Fairbanks Capital Corporation. Fairbanks Capital, for those not aware, was one of if not the first major mortgage servicers to melt down, in 2004, ''



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