Political Quotes

“According to The Columbus Dispatch, Mnuchin was untruthful to the Senate Finance Committee regarding his company's aggressive role in hastening thousands of home foreclosures during the 2000 financial crisis and what followed, and his misdeeds deeply impacted places like Ohio. Mr. Mnuchin was the chief executive officer of OneWest Bank, which engaged in so-called robo-signing of mortgage documents. That means you really don't--you treat people like objects; you really don't go into the details of every case. The Columbus Dispatch said its analysis of dozens of foreclosure cases in Ohio, and subsequent action, prove otherwise. The dastardly practice of robo-signing, prevalent throughout the mortgage industry in the aftermath of that terrible financial crisis, had certain leaders, of which Mr. Mnuchin was at the top of the heap; and their employees signed foreclosure documents en masse without properly reviewing them and forcing unjust foreclosures. The Columbus Dispatch found more than 1,900 such cases in Ohio alone. Individual cases revealed OneWest Bank declared properties vacant, even though someone was living in them. OneWest Bank, time and again, refused to abide by agreed-upon loan modifications. Is that the kind of person that we really want in charge of the U.S. Treasury Department? Nominee Mnuchin comes with a Goldman Sachs pedigree. Well, wouldn't we know that?…”