Ray currently has a law practice focused on saving homes from foreclosure and creating jobs through his counseling of small businesses to navigate through the economic recovery. He founded Economic Recovery Advisors LLC, to advise governmental agencies and business enterprises to meet the challenges faced in economic crisis. Through these firms, he has advised on foreclosure legislation at the national and state levels and has been an active participant in Pro Bono Foreclosure Settlement Conference Programs.

Ray’s career includes positions as Chief Executive Officer and President of a publicly traded internet company, Chief Operating Officer of an asset management firm, and Chief Compliance Officer to various Wall Street firms. He has worked as an investment banker originating over half a billion in financing life science, energy and real estate companies and served as corporate counsel to major financial institutions specializing in securities law and derivatives.  Ray received a Bachelor of Arts (cum laude) degree from Fordham University and a Juris Doctor degree from New York Law School.  He has been admitted to practice law in New York since 1986.