President Donald Trump’s nominee for U.S. treasury secretary was untruthful with the Senate during the confirmation process, documents uncovered by The Dispatch show.
COLUMBUS, Ohio – President Donald Trump’s nominee for U.S. treasury secretary was untruthful with the Senate during the confirmation process, documents uncovered by The Dispatch show.
Steve Mnuchin, former chairman and chief executive officer of OneWest Bank, known for its aggressive foreclosure practices, flatly denied in testimony before the Senate Finance Committee that OneWest used “robo-signing” on mortgage documents.
But records show the bank utilized the questionable practice in Ohio.
“The guy is just lying. There’s no other way to say it,” said Bill Faith, executive director of the Coalition on Homelessness and Housing in Ohio.
The revelation comes with the committee’s vote on whether to confirm Mnuchin’s nomination, currently scheduled for Monday night.
Barney Keller of Jamestown Associates, who represents Mnuchin, was asked to comment for this story but did not respond before deadline. Jamestown Associates is a Washington political consulting and advertising firm that represented Trump in his campaign.
“Robo-signing” is the informal term for when a mortgage company employee signs hundreds of foreclosures, swearing they have scrutinized the documents as required by law when in fact they have not.
“OneWest Bank did not ‘robo-sign’ documents,” Mnuchin wrote in response to questions from individual senators, “and as the only bank to successfully complete the Independent…
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