[NYPOST] Team Trump’s not wrong to think the media are gunning for it, as a bit of fake news from Politico on Steve Mnuchin, the president’s pick to run the Treasury, shows again.The story’s headline told the horrible tale: "Steven Mnuchin’s OneWest filed to take a 90-year-old woman’s house after a 27-cent payment error." It was picked up by the Huffington Post, CNN, Vanity Fair and others, and got thrown at Mnuchin during his confirmation hearings last week.
That prompted the Competitive Enterprise Institute’s Ted Frank to do some basic fact-checking. He says it took all of four minutes to prove it bogus.
The Mnuchin-founded OneWest did file for foreclosure in November 2014 -- but dropped the suit once it learned Ossie Lofton had just bungled some paperwork, and did legally qualify for the mortgage.
Then CIT Group bought out OneWest, which ceased to exist -- and lawyers for a third-party mortgage servicer stupidly filed suit after she made the 27-cent error. That case got tossed as soon as her lawyers pointed out the facts; the only question now is how much she’ll be paid for her troubles.
OneWest and Mnuchin had nothing to do with the headline horror -- and the widow will come out just fine.