borrowers by establish iing reasonable payments to borrowers, and stabilize housing markets. my group had to adhere to servicing agreements that limited our ability to make loan modifications that could have helped more borrowers. in the press, it has been said that i ran a foreclosure machine. this is not an accurate description of my role at one west bank. on the contrary, i was committed to loan modifications intended to stop foreclosures. i ran a loan modification machine. when we could do loan modifications, we did them. but many times the fdic, fannie m mae, freddie mac, and bank trustees imposed strict rules governing the process of these loans. i am proud to be able to say that our bank was able to do over 100,000 loan modifications that allowed people the
energy s budget and continue to protect and modernize the stockpile. steven mnuchin. he will push for a pro-growth tax plan, a modern regulatory framework and america first trade policy. expect democrats to portray him as a foreclosure machine during the housing crisis. he will say i was committed to loan modifications intended to stop foreclosures. i ran a loan modification machine. independent government reviews showed we had the most effective loan modification process of any bank, supporters call him a world-class financier. bill: we heard from senator mccain and he believes general mattis will be confirmed tomorrow after the swearing in and possibly a few others. what are you hearing about the trump team members and the cabinet members being in place tomorrow afternoon, mike? sounds like at least three
pill here that you might want to take before the second round. just a suggestion. we have many colleagues waiting. fine. i m done. tempers flared at the hearing for steven mnuchin to be treasury secretary. he defended his role during the financial crisis with democrats portraying him as a foreclosure machine after he bought subprime mortgage lender from the government. intending to stop foreclosures. i ran a loan modification machine. we had the most effective loan modifications of any bank. mnuchin said he would like to avoid a crisis this spring regarding the government s borrowing limits. i would like us to raise the debt ceiling sooner rather than later. we don t want to risk defaulting. i am grateful for that
conditions, extend assistance, increase the net present value of cash flows to the owner of loan, and stabilize housing markets. my group had to adhere to servicing agreements that limited our ability to make own modifications that could have helped more borrowers. in the press it has been said that i ran a foreclosure machine. this is not an accurate description of my role at one west bank. on the contrary, i was committed to loan modification intended to stop foreclosures. i ran a loan modification machine. when we could do loan modifications, we did them, but many times the fdic, fannpha fa, freddie mac had strict rules in
crisis. i was committed to loan modification, intended to stop foreclosures. i ran a loan modification machine. independent government reviews routinely showed that we had the most effective loan modifications of any bank. democrats are going after mnuchin about his vast wealth. they re also telling some sad stories about constituents who lost their homes during the financial crisis. march that? mike in terms of governor rick perry, former governor of texas, how did it go today he was introduced by a democrat, west virginia senator joe manchin spoke positively of his leadership and his experience. two worked together when they were governors of their respective states. west virginia and texas. the panel top democrat reminded rick perry of what he said in the 2012 campaign about that department of energy. in case you may have