Senate Dems ask Americans for their Mnuchin foreclosure stories

Senate Dems ask Americans for their Mnuchin foreclosure stories
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Senate Democrats are soliciting stories from American whose lives have been negatively impacted by Steven Mnuchin, President-elect Donald TrumpDonald John TrumpBiden says GOP senators have called to congratulate him Biden: Trump attending inauguration is 'of consequence' to the country Biden says family will avoid business conflicts MORE’s pick for Treasury secretary.

Mnuchin — Trump’s campaign finance chairman, a Hollywood producer and former Goldman Sachs partner — oversaw more than 36,000 foreclosures as chairman and CEO of OneWest Bank.

OneWest subsidiary Financial Freedom was also responsible for 39 percent of federally insured reverse mortgage foreclosures between April 2009 and 2016, and the bank has been accused of discriminating against minority homeowners.


Democrats, arming themselves for a contentious confirmation hearing, are asking for stories from people whose homes have been foreclosed on by OneWest. They set up an online form through which stories can be submitted.

The form includes a cartoon of Mnuchin styled to look like logo for Trump reality show "The Apprentice," with a speech bubble showing Mnuchin's caricature saying "You're evicted!"

“Also known as the ‘Foreclosure King,’ Mnuchin earned the nickname for his bank’s practice of buying distressed mortgages during the financial crisis and evicting thousands of homeowners,” wrote the Democrats.

Mnuchin’s record at OneWest has been a frequent target for Democrats and housing activists. They’ve pointed to popular stories of a 90-year-old woman losing her home despite owing only cents, and of a now-regretful Trump voter who lost her home to OneWest.