President Donald Trump says that Mnuchin spent his entire career making money in the private sector and now will go to work for the American taxpayer. Mnuchin was confirmed by the Senate late Monday despite strong objections from Democrats who said the former banker made much of his fortune by foreclosing on struggling homeowners during the financial crisis.
Category: Foreclosures
Senate nears confirmation of Trump’s pick to head Treasury
In this Jan. 19, 2017 file photo, Treasury Secretary-designate Steven Mnuchin testifies on Capitol Hill in Washington at his confirmation hearing before the Senate Finance Committee. The Senate is poised to confirm Mnuchin despite complaints by Democrats that Mnuchin failed to protect thousands of homeowners from unnecessary foreclosures when he headed OneWest Bank.
Records dispute Treasury nominee’s denial of mortgage-crisis ‘robo-signing’
A bank founded by Steven Mnuchin, President Donald Trump’s nominee for treasury secretary, engaged in ethically questionable foreclosure practices in Washington state-including so-called “robo-signing” of documents. OneWest Bank employees robo-signed numerous foreclosure-related filings in the Seattle area, documents show.
Mnuchin’s denials don’t match record
Sen. Orrin Hatch says no, that the man nominated by President Donald Trump to be treasury secretary told the truth when he asserted that his former company, OneWest, had not engaged in the practice of “robo-signing” mortgage documents. That’s despite dozens of court cases uncovered by The Dispatch that showed OneWest officials’ robo-signatures, along with sworn testimony from one of his vice presidents describing how she did it.
EDITORIAL: Nevada Supreme Court rules for investor in super lien case
The Nevada Supreme Court perpetuated an absurd injustice last week when it decided that property rights and due process don’t apply to mortgage lenders. The justices ruled in favor of a speculator who in 2013 claimed clear title to a Las Vegas property by simply paying off $6,900 in back HOA dues despite the fact that Well Fargo held an $81,000 note on the home.The dispute concerned a poorly written Nevada law passed in 1991 and intended to shield homeowner associations from financial stress triggered by delinquent dues payments.
To sidestep boycott, Senate committee changes rules to approve Mnuchin, Price
Republicans on a Senate committee have approved Steve Mnunchin, Trump’s nominee for treasury secretary, and Tom Price, the nominee for health secretary. To sidestep a Democratic boycott of the committee, the GOP members on the Senate Finance Committee changed the rules to allow the confirmation to proceed to the Senate floor.
Trump’s Treasury pick Stephen Mnuchin facing criticism over foreclosures
Donald Trump ‘s pick to lead the Treasury Department, Stephen Mnuchin , built his reputation and his fortune as a savvy Wall Street investor. But one of those investments has put him in the crosshairs of Democrats as he heads into his confirmation hearing Thursday: sub-prime mortgage lender IndyMac bank.
Trump’s Treasury pick facing criticism over foreclosures
Donald Trump’s pick to lead the Treasury Department, Stephen Mnuchin, built his reputation and his fortune as a savvy Wall Street investor. But one of those investments has put him in the crosshairs of Democrats as he heads into his confirmation hearing Thursday: sub-prime mortgage lender IndyMac bank.
Reality Check: Trump is wrong about Atlanta
Donald Trump harshly criticized Georgia Rep. John Lewis on Saturday, tweeting that his district was “in horrible shape and falling apart …” Trump’s tweets came in response to Lewis’ comments to NBC News’ Chuck Todd in a taped interview that aired on Sunday’s “Meet the Press.” The congressman said, “I don’t see the President-elect as a legitimate president.”
Reality Check: Trump says Atlanta is ‘falling apart’ and ‘crime infested’
President-elect Donald Trump harshly criticized Georgia Rep. John Lewis on Saturday, tweeting that his district was “in horrible shape and falling apart ” Trump’s tweets came in response to Lewis’ comments to NBC News’ Chuck Todd in a taped interview that aired on Sunday’s “Meet the Press.” The congressman said, “I don’t see the President-elect as a legitimate president.”
Nevada Foreclosure Mediation Program Winding Down
Listen Live Welcome to KXNT News/Talk 840 AM KXNT NewsRadio 840 AM is dedicated to being the dominant information and talk source for Las Vegas and all of southern Nevada.
Democrats eye confirmation fight over Trump’s Treasury pick
Democrats are eyeing the Senate confirmation hearings for Donald Trump’s Treasury secretary pick selection as a prime opportunity to chip away at the Republican’s populist appeal with working-class voters and begin rebuilding their own party’s economic message. Given the narrow GOP majority in the Senate, Steven Mnuchin is likely to be confirmed.