Some of the things these organizations are pushing for (from the linked Intercept article) are suspect.
a delay of Mnuchin’s confirmation hearing until he publicly discloses all settlements and lawsuits OneWest has faced from its foreclosure-related activities
It’s standard operating procedure for settlements in cases that aren’t either (1) brought by the government or (2) class actions to have confidentiality provisions. OneWest (or CIT or whoever they are now) can’t publicly disclose this information–which likely involves thousands, if not tens of thousands of individual-borrower suits brought by homeowners seeking to stave off foreclosure–without going back to each and every single plaintiff who sued them and getting permission. That just won’t happen.
The California Reinvestment Coalition followed that up on Thursday by asking OneWest to release the obstructed evidence, which involved loan files held by a third party then known as Lender Processing Services
Release to whom? It’s one thing if the claim is they should turn that info over to the California AG’s office as part of an investigation. It’s another thing to say they should turn it over to the Senate for public examination during a confirmation hearing. Borrowers have a pretty significant privacy interest in their loan files, IMO (as they include a whole lot more sensitive financial information than just the fact of foreclosure from public records).
