New York Community Bancorp Inc (NYCB)

[Crusen]

"“Foreclosure King” Steven Mnuchin Doesn’t Appreciate His Totally Accurate Nickname

The nominee for Treasury secretary wants to know why no one ever brings up all the good stuff he did at OneWest.

uring his time running mortgage lender OneWest, which he bought with a group of investors for pennies on the dollar before selling it for a personal profit of many millions, Steven Mnuchin & Co. foreclosed on more than 36,000 homeowners. Because (1) that’s a lot of people kicked out of a lot houses and (2) everyone loves a good nickname, Mnuchin has earned the moniker, in some circles, “Foreclosure King,” or ”Foreclosure King of California,” if you’re not one for brevity....."