A California consumer group on Thursday urged the Senate Finance Committee to delay an upcoming nomination hearing into Treasury Secretary-designate Steven Mnuchin after a leaked 2013 memo described alleged illegal foreclosure practices at OneWest Bank when he was chairman and CEO. The California Reinvestment Coalition said the claims against Mnuchin should be investigated by Congress. […]
A leading Democratic lawmaker on Wednesday asked President-elect Donald Trump's pick for Treasury secretary to answer some questions about lending practices at OneWest Bank, which Mnuchin headed during the housing crisis. Ohio Sen. Sherrod Brown sent Mnuchin a letter asking him to detail his policies on lending discrimination, foreclosure-prevention programs, and on regulation of large […]
Bottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking […]
Reverse mortgages are advertised as a way for elderly homeowners to get the cash they need and stay in their homes for the rest of their lives. They don't have to make payments as long as they live in the home, so few ever worry about foreclosure. Foreclosure News
Steven Mnuchin, national finance chairman for Republican president-elect Donald Trump, arrives at Trump Tower in New York, U.S. November 15, 2016. REUTERS/Carlo Allegri – RTX2TV5T Rose Guidel was in trouble. Foreclosure News
A bank co-founded and chaired by Steven Mnuchin was accused of wrongful foreclosures and racial discrimination before being sold for $ 3.4 billion, a deal in which Mnuchin, Donald Trump's pick for Treasury Secretary, earned millions of dollars on. But the sale of OneWest Bank, which drew opposition from public interest groups, would not have […]
Steven Mnuchin, who President-elect Trump is likely to name Wednesday as his Treasury secretary, can expect to be grilled on Capitol Hill about his days as a mortgage banker. The group called him a “second generation Goldman Sachs banker who made a fortune foreclosing on working families' homes.” Foreclosure News
Steven Mnuchin is one of Donald Trump's top picks to be Treasury secretary, but if he's chosen he'll face some tough questions about how he ran his own bank. Sources tell CNN that Mnuchin is one of two leading candidates for Treasury secretary, among the most important and powerful members of the cabinet. Foreclosure News
Steven Mnuchin, Trump's national finance chairman, walks in the lobby of Trump Tower, Monday, Nov. 14, 2016, in New York. CREDIT: AP Photo/ Evan Vucci When then-GOP nominee Donald Trump named his campaign's economic advisers in August, the group included six white men named Steve . Foreclosure News
Risk taker: “He took a company that was a very visibly failed institution of the mortgage crisis and rehabilitated it,” an analyst said about Steven Mnuchin's career in banking. Before Steven Mnuchin became President-elect Donald Trump's likely nominee to lead the Treasury Department, he was a driving force behind one of the most controversial banking […]