It is the New York of the 1990s, during the last real estate crisis
when landlords were defaulting on distressed properties and Fannie
Mae and Freddie Mac were engaged in working out bad loans with
characters both honorable and unsavory.
Loan officer Louis Peller enjoyed his job of settling defaulted
mortgage loans, but when he uncovers a widespread conspiracy to
defraud America's largest lending institution-his obsession to get
to the bottom of it quickly leads him to unsavory characters in New
York's financial markets. Unprepared and nave, Peller must confront
the demons that threaten him and his family. During this time of
financial upheaval, it becomes glaringly obvious that everyone can
be bought and no one can be trusted. Peller decides he must take
control of the situation. No one else can save him.
New York's diverse racial, ethnic, and religious worlds collide
while fighting to survive corruption, violence, and economic
calamity. Satan's Mortgage, in foreshadowing of today's housing
crisis, reveals how the lives of residents and owners, lawyers and
mortgage companies are intertwined in ways that suggest fear and
bravery, corruption and honesty, desperation and daring, with
people acting in extraordinary ways to survive extraordinary
times.
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