Morris Goldseker (December 24, 1898 – June 15, 1973[1]) was a real estate business tycoon, broker, and philanthropist.
Goldseker was a Jewish immigrant born in Mlynov, Russia (now called Mlyniv, Ukraine), the sixth of twelve children, of whom four died in infancy.
He then purchased the foreclosed homes he managed, paying off the properties in which he was the note holder, acquiring the reputation of a good risk with savings and loans institutions and banks.
They were families who did not have a lump sum savings that could be the down payment necessary to obtain a mortgage loan.”[2] Goldseker accomplished the American dream.
Here's another take on this man's activities and you judge for yourself: "the leading offender in Edmondson Village was Morris Goldseker, who tricked impoverished black families moving into Edmondson Village to sign contracts in which no equity was built up until the “sales price” was paid in full.
According to W. Edward Orser, Blockbusting in Baltimore: The Edmondson Village Story (1994), not a single “buyer” was able to pay the debt in full — every contract resulted in foreclosure, many after years of timely payments, without the evicted family having a penny of equity in the house they thought they had bought.
"[6] In the late 1960s, a group called Activists, Inc., followed Goldseker's financing to major Maryland banks and analyzed his and other blockbusters′ business practices.
In December 1969 a lawsuit was filed in which Goldseker was charged with price gouging, and entering into unfair contracts with unsuspecting patrons.