Steve Mnuchin, foreclosure king, now runs your US Treasury

[appalachiablue]

7. Mnuchin's OneWest Bank Foreclosed On Elders For Trivial Amts.

Trump’s Treasury Pick Excelled at Kicking Elderly People Out of Their Homes. When Steven Mnuchin ran OneWest, the bank aggressively and in some cases, wrongly, foreclosed on elderly homeowners with reverse mortgages. The bank had a disproportionate share of such foreclosures. Propublica, Dec. 27, 2016.

..A 2012 report to Congress by the Consumer Financial Protection Bureau said that “vigorous enforcement is necessary to ensure that older homeowners are not defrauded of a lifetime of home equity.”

ProPublica found numerous examples where Financial Freedom had foreclosed for legally questionable reasons. The company served several other homeowners at their homes to let them know they were being sued for not occupying their homes. In Florida, a shortfall of only $0.27 led to a foreclosure attempt. In Atlanta, the company sought to foreclose on a widow after her husband’s death, but backed down when a legal aid attorney sued, citing federal law that allowed the surviving spouse to remain in the home..

https://www.propublica.org/article/trump-treasury-pick-excelled-at-kicking-elderly-out-of-their-homes