Trump voter lost her home to new Treasury secretary

[DaBoz]

The man that refused to read links makes that demand.. what a fool

[takncarabizniz]

How did she lose them?

Generally a foreclosure occurs due to a lack of payment.  If she had two units she was using for rentals, did the rental income dry up?  How did she qualify for a mortgage on rental income?  Most mortgages ensure that you have the income to pay the mortgage without relying on the property itself to generate it.

[takncarabizniz]

She had voted for the president-elect on the belief that he would knock the moneyed elites from their perch in Washington, D.C. And she knew Trump's pick for Treasury_Steven Mnuchin_all too well.


She's not very smart, then, because Trump never promised that.  None of Trump's people are members of Obama and Clinton's swamp of commie crooked collectivists, however.


Kind of like Peggy Joseph believing that obama was going to take care of her gas and mortgage, right?


<a href="https://www.youtube.com/v/P36x8rTb3jI" target="_blank">https://www.youtube.com/v/P36x8rTb3jI</a> 

[chuck_curtis]

I'm waiting for the AP to quote the Carrier employee who called to report his praises for voting for the Trumpster.   Ya think that will happen?

[DaBoz]

 

I'm waiting for the AP to quote the Carrier employee who called to report his praises for voting for the Trumpster.   Ya think that will happen?

I wouldn't hold my breathe

[takncarabizniz]

You'd be surprised how many union folks here in Washington voted for Trump this year...

The democrats always seem to wrap up Washington, despite the majority of the state wanting to go red, the densely populated west side always wins, but this year, it was surprising how much the stranglehold dropped...because a lot of the millenials wanted Bernie and did not vote for either Trump or Hillary.

[captain_kook]

TRUMP’S TREASURY PICK STEVEN MNUCHIN RAN A BANK CRITICS CALL
‘A FORECLOSURE MACHINE’
12/2/16


Rose Guidel was in trouble. It was 2009 and the United States was in the grips of
the Great Recession. Her brother, who had helped pay the mortgage on her modest home
outside of Los Angeles, had been murdered, so she contacted her bank to say her
payment would be late. The bank apparently told her it couldn’t help until she was
actually behind. So she waited. When Guidel was in fact behind, the bank said she
would need to modify her mortgage. But that process dragged on for two years, until
she came home from work one day to find a foreclosure notice attached to her door.


The bank behind the foreclosure was OneWest. And the man behind OneWest was Steven
Mnuchin.

In 2008, when the recession hit, Mnuchin saw an opportunity. He and a handful of
investors purchased the failed California-based bank IndyMac from the Federal
Deposit Insurance Corp.


It was unusual for unregulated private investors to buy it
instead of a bank holding company, the New York Times reported in 2009, and only
possible because the Bush administration had eased regulations on such transactions.



The buyers renamed the bank OneWest and worked out a loss-share agreement with the
FDIC so the agency would partially reimburse the bank for handling foreclosures.



This meant OneWest could get federal money for kicking someone like Guidel out of
her home.

through the Freedom of Information Act, the
California Reinvestment Coalition, which monitors housing issues facing communities
of color and low-income communities, found that between 2009 and 2015, the FDIC paid
the bank more than $1 billion for at least 36,000 foreclosures.


As chairman and CEO of OneWest, Steve Mnuchin was likely largely behind those foreclosures
and strategies.

In November, two weeks before Trump’s nomination announcement, some of those same
opponents filed a complaint with the U.S. Department of Housing and Urban
Development (HUD), alleging that OneWest violated the Fair Housing Act, which
protects people from discrimination when buying or renting a home.
A HUD spokesman says the complaint is
under review.

“OneWest is failing in its community reinvestments and particularly failing
communities of color,” says Caroline Peattie, executive director of the Fair Housing
Advocates of Northern California, a nonprofit that helped file the HUD complaint. As
Occidental College professor and urban policy scholar Peter Dreier has pointed out,
Trump has faced accusations of housing discrimination too.

http://www.newsweek.com/donald-trump-steven-mnuchin-treasury-foreclosures-527810?rx=us

[DaBoz]

Good for him, the right man for the right job again. He is not Muslim brotherhood or a czar.