Top 15 Trump Businesses That Failed
8. Trump Mortgage
Well, Trump is mostly really good at real estate. In 2006, he was sure that the real estate industry was going to be strong for years to come, so he created Trump Mortgage to provide private and commercial real estate loans. He laughed in the face of anyone who tried to tell him that the housing market bubble was in decline. Eighteen months later, the business was in debt, the housing market was crashing, and the company closed its doors after performing way below expectations.