Political Quotes

On the recordFebruary 13, 2017
I rise today, along with many of my colleagues, to speak out against the White House nominating Steven Mnuchin to be the next Secretary of the U.S. Treasury. President Trump has nominated the former CEO of OneWest Bank--who before that for 17 years was a Goldman Sachs executive--to run the Federal agency tasked with crafting and implementing U.S. economic policy. So much for draining the swamp. I want to start, however, by sharing the story of a good friend, Lola Orvik, whom I met when I was attorney general of Nevada. In 2013, Lola's mortgage on her townhouse in Henderson was underwater. Like thousands of other Nevadans, she needed to refinance, but five different loan modification applications had all been rejected by her bank. Lola was desperate for a solution and on the verge of losing her home. She received a telephone call offering help that was too good to be true, and it was. After calling my office, she thankfully discovered that it was a scam. I am so glad she called my office. Our staff referred her to a new program we had created, the Home Again Homeowner Relief Program. It is a one-stop shop to help struggling homeowners. It helped Lola finally get a loan modification, reduce her principal by $37,000, slash her interest rate from 5.7 percent to 2 percent, and keep the house she had lived in for nearly 20 years. The Home Again Program helped thousands of Nevada homeowners understand all the State and Federal housing resources available to them.…
Said by
Catherine Cortez Masto
Democratic · Nevada

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