Daily Archives: April 14, 2017

Mnuchin’s OneWest Avoided Force-Placed Insurance Class Actions During Crisis

OneWest Bank, the mortgage servicer previously owned by Treasury Secretary Steven Mnuchin, has been accused by homeowner groups of a type of foreclosure abuse involving lender-placed, or force-placed, insurance.

Mortgage servicers are able to force insurance policies on homeowners during a lapse in coverage, when premiums haven’t been paid or the homeowner has no hazard insurance. Sometimes force-placed policies stem from changes in flood maps or other risks from catastrophic events.

Numerous class actions accused mortgage servicers during the 2010 foreclosure crisis of forcing expensive LPI policies on homeowners, when those policies weren’t necessary.

Read on.

Trump 90 Days Ago: “My People Will Have a Full Report on Hacking Within 90 Days!”

The Intercept:

Reached by phone, Senior Assistant White House Press Secretary Michael Short said, “I’m in the parking lot, I don’t have an update” on the promised report. Asked when he might be able to provide an update, Short repeated, “I’m in the parking lot.” Then he said “I’ve got to run” and hung up.

It now turns out that the phony allegations against me were put together by my political opponents and a failed spy afraid of being sued….

Totally made up facts by sleazebag political operatives, both Democrats and Republicans – FAKE NEWS! Russia says nothing exists. Probably…

released by “Intelligence” even knowing there is no proof, and never will be. My people will have a full report on hacking within 90 days!

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