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The rise and fall of Merit Financial

About mid-day yesterday I started receiving emails, phone calls, and even text messages from my friends about an article written in Sunday's Seattle Times by Elizabeth Rhodes/Seattle Time business reporter.  The story covers the rise and fall of Merit Financial (and it's Founder and CEO, Scott Greenlaw), one of Washington States largest mortgage brokerages. 

Click here for the full story: "The party's over at a Kirkland mortgage company"

You are probably wondering why so many folks contacted me about the story?   Scott Greenlaw was almost our neighbor. Although Scott never moved into his new home, and has yet to finish it,  the home referenced in the article shares some property with our house.  The same home was referenced in a Wall Street Journal article we covered earlier this year

While the story reads like an unbelievable soap opera, in the end it's a sad real-life saga for all involved.   Please read and provide some comments to the blog!  Steve 

Comments

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BobH

Wow! *Almost* your neighbor! And you know what? My cousin's boyfriend's best friend's mother-in-law met him once at a party!

JLO

Greenlaw and Tony nelson are both dirtbag welches who lied to their employees about the status of the comapny's BK. they still owe tens of thousands of dollars in back pay that they'll never come off of. I hope they both rot in hell. they screwed a lot of people, and not just employees.

JLO

Greenlaw and Tony nelson are both dirtbag welches who lied to their employees about the status of the comapny's BK. they still owe tens of thousands of dollars in back pay that they'll never come off of. I hope they both rot in hell. they screwed a lot of people, and not just employees.

Ryan Melson

I love Tony Nelson and Scott Greenlaw....they are no nonsense in your face business people. You jack asses wish you could be that good. This is AMERICA!!!

Elderlyfunny

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surveys

Its not actually my practice to post comments, but i thought i would say that this was nice.
What do you know about foreign?

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