Forget the idea you are married and safe even if your spouse passes away. Surviving spouses can lose their home.
The Housing Crisis - Part 2 - the Trump years.
December 21, 2018
By David Dayen and and Rebecca Burns
...Mnuchin (click here) was a key architect of the GOP’s $1.5 trillion tax cuts, passed last December, which over the next decade will funnel 83 percent of its benefits to the top 1 percent of U.S. earners — including to himself. With a net worth of half a billion dollars, Mnuchin and his wife are in the top one-one hundredth of one percent....
Munchkin in his 2014 divorce proceedings he asked that his address be withheld.
...“Without the . . . large LAPD presence on scene, I do not think the protest would have been as placid as it was,” Mnuchin pled in a 2014 divorce filing in which he asked the judge to keep his address private. “I can only imagine the psychological harm that would have come to our minor children if they were at the house to see over 100 people protesting at their home.”...
Somehow Munchkin can find trauma with his own children and their primary address, but, not with children of people displaced from their hoes for an overdue balance of 27 cents. Twenty - seven cents that was more than likely leveraged by the bank in some kind of fee and not part of the anticipated balance of the home. Nothing like homes that have appreciated in value by tens and hundreds of thousands only to lose it to the bank. Amazing.
...Never mind that the victims of OneWest’s operation included seniors reportedly foreclosed on over $0.27, and a family with young twin sons evicted abruptly while still in the process of applying for a loan modification. Won’t someone please think of the children?
Stories like these earned Mnuchin, who ran OneWest from 2009 to 2015, the nickname “Foreclosure King.” This apparently wounded him: During his confirmation hearings, he complained to senators that he has “been maligned as taking advantage of others’ hardships in order to earn a buck. Nothing could be further from the truth.”...
