Wednesday, May 24, 2017

Bank previously run by Trump’s treasury secretary pays big fine for defrauding the government

https://thinkprogress.org/mnuchin-onewest-settlement-defraud-fa860a4e25fe
"The reverse mortgage subsidiary of OneWest, the bank founded and formerly run by Treasury Secretary Steve Mnuchin that was later bought by CIT Group, agreed to an $89 million settlement with the United States on Tuesday over claims that it defrauded a government program out of money it didn’t qualify for."

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