Archives by Tag ' Mnuchin '
Author: Aly J. Yale http://www.themreport.com/daily-dose/05-01-2017/mnuchin-gses-wont-stay-long Fannie Mae and Freddie Mac should prepare for change—and sooner rather than later. According to Steven Mnuchin, the Trump administration won’t keep the status quo for long. Mnuchin discussed the GSEs and housing reform in general as part of an interview with reporter Maria Bartiromo on Fox Business’ “Mornings […]
A potential investigation of foreclosure abuse by OneWest Bank, which was owned at the time by current Trump-appointee Treasury Secretary Steven Mnuchin, was abandoned after OneWest donated to the political campaigns of then-California Attorney General Jerry Brown (2006-2010) and incoming California Attorney General Kamala Harris (2011-2016). The “donations” (political bribes) occurred in 2010, shortly after […]
https://www.bna.com/mnuchins-onewest-eluded-n57982085901/ By Llewellyn Hinkes-Jones OneWest Bank, the mortgage servicer previously owned by now-Treasury Secretary Steven Mnuchin, avoided numerous lawsuits and settlements that affected other banks after the 2010 foreclosure crisis, a Bloomberg BNA analysis showed. Compared with other banks, it was given a relatively light penalty during the Independent Foreclosure Review (IFR) by the Office […]
Editor’s Note: The story below may induce your gag reflex. Read at your own risk. http://en.mercopress.com/2017/02/14/former-goldman-sachs-executive-and-foreclosure-expert-confirmed-as-us-treasury-secretary A bitterly divided Senate on Monday confirmed Steven Mnuchin as United States treasury secretary despite strong objections by Democrats that the former banker ran a “foreclosure machine” when he headed OneWest Bank. Republicans said Mnuchin’s long tenure in finance […]
Mnuchin’s lies to the U.S. Senate are only symptomatic of the continuous stream of lies producing a new normal of bank arrogance and the continuing push to foreclose on homeowners as a means to gain illicit profits. Perhaps the flagrancy of his lies will awaken lawmakers to the fact that the entire financial system has […]
SIGN THE PETITION HERE: https://act.credoaction.com/sign/mnuchin?sp_ref=263375576.4.177849.t.564574.2&referring_akid=.2449446.q1RqKx&source=tw_sp A bombshell news report has revealed that California prosecutors believed Steven Mnuchin, Trump’s pick for treasury secretary, and his company may have been responsible for “widespread misconduct” and violations of foreclosure law.1 The latest report comes on top of long-standing reports that Mnuchin, the former Goldman Sachs partner known as […]
By Alan Johnson The Columbus Dispatch Jill Riepenhoff The Columbus Dispatch President Donald Trump’s nominee for U.S. treasury secretary was untruthful with the Senate during the confirmation process, documents uncovered by The Dispatch show. Steve Mnuchin, former chairman and chief executive officer of OneWest Bank, known for its aggressive foreclosure practices, flatly denied in testimony […]
http://www.latimes.com/business/la-fi-mnuchin-treasury-onewest-20170130-story.html By Jim Puzzanghera An Ohio newspaper reported that Steve Mnuchin, President Trump’s nominee to be Treasury secretary, misled senators about foreclosures by OneWest Bank while he was chief executive, providing more fuel to opponents ahead of a contentious committee confirmation vote scheduled for Monday. The Columbus Dispatch reported Sunday that Mnuchin denied in written responses […]
The stakes could not be higher. Mnuchin’s ascension to the position of Secretary of the Treasury is literally installing a person who will merely respond to the direction of the Wall Street bankers and who will be largely unresponsive to whoever occupies the Oval Office. This is a terrible decision and the resistance to him […]
Mnuchin is a highly paid gopher. He has made his money not by his business acumen but by his willingness to do anything for money. That included putting himself on the front line of one piece of the greatest economic crime in human history. Nominating him for Treasury Secretary is a direct slap in the […]
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