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that was seized by the U.S. government, and his stance on sanctions. “In the press, it has been said that I ran a foreclosure machine,” Mnuchin said at the start of his hearing. He insisted that he made efforts to keep people in their homes by providing 100,000 loan modifications. “I felt great empathy for the thousands
confirmation hearing by defending his role in the thousands of foreclosures by Independent National Mortgage Corporation, also referred ..... IndyMac." "In the press, it has been said that I ran a ‘ foreclosure machine,’” Mnuchin told the Senate Finance Committee. He
faced criticism over its foreclosure record. Mnuchin, a Goldman Sachs ..... bank carried out 36,000 foreclosures in California, according ..... company which specializes in foreclosure data, and analysis from ..... bank had completed enough foreclosures as of 2014 to garner some $1 billion
adjacent to the Trump Plaza but went into foreclosure . The Wall Street Journal reported that the mortgage on that ..... investment firm Colony Capital in a foreclosure sale in 1996, according to a report in The New York Times. Colony then partnered with Trump to develop ..... Opened in 2010, the project went into foreclosure four years later, reportedly because of sluggish unit sales, and The Wall Street
with borrowers during the process known as “loss mitigation,” in which the two parties work together to try and avoid foreclosure . The new rules require servicers to notify borrowers when their application for loss mitigation is complete, a CFPB blog post explains