FIRST AIRED: January 19, 2017

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Transcript

00:00:00
>>
MUSIC]
00:00:07
Is it true that OneWest regulators said that you had deficient mortgage practices Foreclosed on 10,000 plus borrowers without proper procedure?>> So what I would say is we followed the same procedures->> Yes or no?>> that the FDA->> Did the OCC say that?>> It seems to me, in all due respect, you just wanna shoot questions at me, and not let me explain what our complications-
00:00:27
>> I'll let you explain after I go through the questions, cuz I know one answer will take my whole time.>> Please understand, these are complicated questions.>> They are complicated.>> Let me at least explain them, otherwise there's no point in shooting them all at me, and I don't have the ability to respond.
00:00:41
>> But the letter I sent you back in early, mid December about this, you've not even taken the time to answer. The OneWest purchase went well for the Treasury Secretary designee. But it was a disaster for homeowners, for employees, for investors in relativity, and for taxpayers.>> I did acknowledge that you sent me the letter.
00:01:02
I was advised by the staff that the appropriate thing was for me to come here and answer questions. I did understand your questions, and I wanted to address them.