Items Tagged with 'Department of Housing and Urban Development'

ARTICLES

Ben Carson confirmation hearing had some bark, but where was the bite?

"Full of sound and fury, signifying nothing"
Ben Carson easily sparked more controversy and concern than any other Department of Housing and Urban Development nominee, and yet when the time finally came to grill the potential future leader of HUD, the original uproar practically dissipated. By the looks of things, Carson as HUD secretary is all but locked in.
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Ben Carson pledges to "really examine" latest FHA mortgage insurance premium cut

Confirms that Trump team was not consulted on Obama administration’s decision
Earlier this week, Julián Castro, the outgoing Secretary of the Department of Housing and Urban Development, told reporters that he does not expect the incoming Trump administration to repeal HUD’s decision to cut Federal Housing Administration mortgage insurance premiums. On Thursday, Ben Carson, President-elect Trump's choice to lead HUD, said the the incoming administration plans to "really examine" the Obama administration's decision before determining a course of action.
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Here are the questions Elizabeth Warren wants Ben Carson to answer

Warren publishes 35 questions she wants Carson to answer in confirmation hearing
The eyes of the housing industry will be trained to Capitol Hill today, as Ben Carson, the former Republican presidential candidate, retired neurosurgeon, and President-elect Donald Trump’s choice to the lead the Department of Housing and Urban Development, appears for his confirmation hearing. In a letter sent to Carson in advance of his hearing, Sen. Elizabeth Warren revealed the questions she wants Carson to have an answer for when he appears before the committee – 35 of them, in all.
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Will Trump, Republicans overturn latest FHA mortgage insurance cut?

Hensarling: Obama's "parting gift" puts FHA at risk of bailout
While many in the housing industry appear pleased by the Department of Housing and Urban Development’s decision to cut Federal Housing Administration mortgage insurance premiums later this month, the real question is whether the cuts, announced by a Democratic administration in its last days, will survive under the new Republican administration.
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Here are 4 steps Ben Carson should take as HUD secretary

What will be Carson's signature issues be?
Past leaders of the U.S. Department of Housing and Urban Development often embraced one or two signature issues to define their stewardship of the agency. So what area is Future HUD Secretary Ben Carson most likely to focus on? One area will likely be health and housing. If so, here are four steps that Carson can take as future HUD Secretary to help bridge the policy gap between health and housing.
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Monday Morning Cup of Coffee: What does Goldman Sachs expect from Trump administration?

Plus trouble brewing for Canada’s housing market
In the days since the election, observers on both sides of the political divide found themselves shaking their collective heads at the frequency at which the name Goldman Sachs is a prominent feature on the resume of one of President-elect Donald Trump’s cabinet nominees. So, what exactly does Goldman Sachs expect out of the Trump administration? All that and more in your Monday Morning Cup of Coffee.
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HUD charges Bank of America with lending discrimination

Accused of discriminating against Hispanic mortgage borrowers
The Department of Housing and Urban Development announced Friday that it is charging Bank of America and two of its employees with discriminating against Hispanic mortgage borrowers. According to the National Fair Housing Alliance and HUD, Hispanic prospective mortgage borrowers were given inferior loan options when compared to non-Hispanic prospective borrowers.
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Fact is, no one knows anything about former HUD secretaries

Here’s what you missed about Julián Castro as he leaves office
How many Department of Housing and Urban Development Secretaries have there been total? The correct answer: 16. But don’t worry if you got it wrong, you’re far from alone. Only 24% of people got the question correct on a recent HousingWire quiz. So now that’s clear no one has a clue about the past HUD secretaries, here’s a quick run-down of current HUD Secretary Julián Castro’s time in office before he exits.
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Confirmation hearing for HUD nominee Ben Carson set for Jan. 12

Carson to appear before Senate Committee on Banking, Housing, and Urban Affairs
Over the last few days, Ben Carson, President-elect Donald Trump’s choice to lead the Department of Housing and Urban Development, met with several senators in preparation for his upcoming confirmation hearing. But Carson’s real moment of truth is coming soon, as the Senate Committee on Banking, Housing, and Urban Affairs announced Thursday that it set the date for Carson’s confirmation hearing.
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