The Whites Only House – Another Chumph Appointee…Another Bigot

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Bank Led By Donald Trump’s Top Treasury Contender Accused Of Racist Lending

OneWest allegedly avoided lending to communities of color.

A California bank led by Donald Trump’s reported likely treasury secretary, Steven Mnuchin, is facing new allegations of racist lending practices.

OneWest failed to locate bank branches in minority neighborhoods, loaned money to “very few or no” people of color, and did a better job maintaining and marketing foreclosed homes in mostly white neighborhoods, according to a complaint filed by two housing advocacy groups Wednesday with the U.S. Department of Housing and Urban Development.

The discrimination, called “redlining,” keeps communities of color in poverty by making it harder to buy homes. It was banned in 1968 under the Fair Housing Act.

The complaint was filed against CIT Group, the commercial lending giant that owns OneWest. Mnuchin, who led the investor group that bought OneWest in 2009 and served…

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