[Educator-Gold] UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY : INDUSTRIES: PETROLEUM : LIBERTARIANISM : RACISM : BIGOTRY : EXTREMISM : HATE GROUPS : INTOLERANCE : DONALD TRUMP : BLATANT FALSEHOODS: SERIAL LIARS : REPUBLICAN WAR ON WOMEN : RAPE CULTURE : CRIME AND CRIMINALS: SEXUAL PREDATORS : SEXISM: Trump Treasury Pick Made Millions after His Bank Foreclosed on Homeowners .

 

 

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UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY :

INDUSTRIES: PETROLEUM :

LIBERTARIANISM :

RACISM :

BIGOTRY :

EXTREMISM :

HATE GROUPS :

INTOLERANCE :

DONALD TRUMP :

BLATANT FALSEHOODS:

SERIAL LIARS :

REPUBLICAN WAR ON WOMEN :

RAPE CULTURE :

SEXISM:

Trump Treasury Pick Made Millions after His Bank Foreclosed on Homeowners

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Trump Treasury Pick Made Millions after His Bank Foreclosed on Homeowners

Steven Mnuchin’s OneWest filed to take a 90-year-old woman’s house after a 27-cent payment error.

By LORRAINE WOELLERT

12/01/16 05:14 AM EST

Politico

http://www.politico.com/story/2016/12/ trump-treasury-foreclosed-homes-mnuchin-232038

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A shorter URL for the above link:

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http://tinyurl.com/jymbpur

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Donald Trump wasnt the only person to see opportunity in the 2008 housing collapse. As the economy recovered from the rubble of failed banks, foreclosed homes and government bailouts, Steven Mnuchin emerged a winner.

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That success is coming back to haunt the hedge fund manager and Hollywood producer who is Trumps choice for Treasury secretary. OneWest, a bank Mnuchin and his partners established during the collapse, has taken steady fire from regulators and consumer advocates for myriad failures ever since.

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In Florida, the company foreclosed on a 90-year-old woman after a 27-cent payment error. New York Gov. Andrew Cuomo singled out the lender for squeezing superstorm Sandy victims. This month, the companys successor, CIT Bank, was accused of discriminating against minority borrowers.

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Were just coming out of a foreclosure crisis and a serious economic downturn. Its not the time to appoint someone who sided with corporate America over real people, said Alys Cohen, an attorney with the National Consumer Law Center. Mr. Mnuchin comes from Wall Street and has served monied interests over homeowners.

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The complete article may be read at the URL above.

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Sincerely,
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[Educator-Gold] UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY : INDUSTRIES: PETROLEUM : LIBERTARIANISM : RACISM : BIGOTRY : EXTREMISM : HATE GROUPS : INTOLERANCE : DONALD TRUMP : BLATANT FALSEHOODS: SERIAL LIARS : REPUBLICAN WAR ON WOMEN : RAPE CULTURE : CRIME AND CRIMINALS: SEXUAL PREDATORS : SEXISM: Trump Treasury Pick Made Millions after His Bank Foreclosed on Homeowners .

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