Legal Memo: Company Run By Trump Treasury Pick Engaged In “Widespread Misconduct”

The company run by Donald Trump’s pick to run the U.S. Treasury Department was guilty of “widespread misconduct” and broke foreclosure laws according to a newly uncovered memo from the California Attorney General.

In the memo, OneWest, which was run by Steven Mnuchin, “rushed delinquent homeowners out of their homes by violating notice and waiting period statutes, illegally backdated key documents, and effectively gamed foreclosure auctions.”

OneWest has emerged as a major headache for Republicans who hope to quickly confirm Mnuchin as part of Trump’s cabinet.

Democrats have said that his ties to the mortgage industry and its role in profiting from the Great Recession will be a major area of inquiry and investigation during his confirmation hearings.