Bank owned by the billionaire new Treasury Secretary Steven Mnuchin tried to foreclose on a 90-year-old woman who owed 27 cents
Ossie Lofton, 90, took out a reverse mortgage on her Florida home
Treasury Secretary Steven Mnuchin led investors in OneWest bank
The bank sent Lofton a bill for $423.30 to cover insurance on the property
Lofton sent the bank a check for $423. The bank demanded the 30 cents
Lofton mistakenly sent a check for 3 cents and the bank tried to foreclose
In October, the bank withdrew their claim against Lofton’s home
By DARREN BOYLE
DailyMail.com
2 December 2016
A bank owned by Donald Trump’s billionaire Treasury Secretary Steven Mnuchin spent almost two years trying to force a 90-year-old woman out of her home over a 27 cent debt.
According to court papers, OneWest Bank NA sought to foreclose Ossie Lofton’s house in Polk County Florida on November 25, 2014.
Last year, One West Bank merged with CIT Bank, who continued the case against Mrs Lofton, until the case was dismissed on October 7, 2016.
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