A newly leaked 2013 memo from the California Attorney General’s office, first published this week by The Intercept, found that OneWest Bank illegally backdated foreclosure notices. In some cases, they backdated the notices to dates before OneWest Bank was even in existence.
OneWest Bank also has the distinction of foreclosing a 90-year-old woman’s home because her mortgage check was 27 cents short.
“How can the king of foreclosures, who has made his living off of the misery he personally caused on tens of thousands of families like mine, be considered Treasury Secretary?” OneWest foreclosure victim Peggy Mears said in a statement from the Alliance of Californians for Community Empowerment. “No one who oversaw the defrauding of thousands of homeowners should be allowed to serve watch over our country’s money as Treasury Secretary.”
The Alliance of Californians for Community Empowerment and other watchdog groups are also calling on new California Attorney General Xavier Becerra to prosecute Mnuchin and OneWest Bank based on these new findings.
Former Attorney General Kamala Harris declined to prosecute Mnuchin or OneWest Bank when presented with these findings in 2013. She’ll have her chance again, as she’s now a California senator who will vote on Mnuchin’s confirmation as Treasury Secretary.