Items Tagged with 'Department of Housing and Urban Development'

ARTICLES

Here's a roundup of reaction to Ben Carson’s nomination as HUD secretary

Opinions vary greatly. Big surprise, right?
Last week, as we all waited for Ben Carson to accept Donald Trump’s initiation to run the Department of Housing and Urban Development, reactions poured in from all sides about whether HUD Secretary Ben Carson is a good idea or not. Well, now that’s officially official, reactions are no longer based on hypotheticals about Carson as a potential choice. Here’s a recap.
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Allied Home Mortgage, CEO Jim Hodge ordered to pay $92 million for FHA fraud

Jury hands victory to U.S., which initially wanted $834 million
A little over five years ago, the government sued Allied Home Mortgage, its various entities, and its president and CEO, Jim Hodge for $834 million, claiming that Allied engaged in repeated fraud against the Federal Housing Administration over a 10-year period. Now, after a long legal battle, the government secured a victory against Allied Home Mortgage and Hodge, as this week, a federal jury unanimously found Allied Home Mortgage and Hodge liable for civil mortgage fraud.
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Is Ben Carson as HUD secretary a good idea? Reactions vary wildly

Some view Carson’s (potential) appointment as direct affront to Obama’s efforts
Well, it’s been a few days since HousingWire reported that Ben Carson intended to accept President-elect Donald Trump’s offer to serve as Secretary of Housing and Urban Development, but there’s been no official word yet. Since tweeting about the job last week, Carson’s Twitter feed has been quiet. But that hasn’t stopped reactions to Carson’s (potential) appointment at HUD from pouring in from all sides.
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Trump names Quicken Loans VP to HUD transition team

Leading the way for Carson to accept position as HUD secretary?
Trump named a new member to the Department of Housing and Urban development transition team – Quicken loans Executive Vice President Shawn Krause. Could this appointment be what finally pushes HUD Secretary nominee Ben Carson to announce his acceptance?
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Questioning Ben Carson as HUD secretary? Here’s the silver lining for housing

President-elect Donald Trump selects Ben Carson as HUD secretary
I’m guessing Ben Carson as HUD secretary is a title you probably didn’t expect to hear connected to the former GOP presidential candidate and retired neurosurgeon. Although it sounds like an outlandish idea to most Americans, there’s a silver lining. In fact, the positive side is something that people in housing actually asked for.
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Monday Morning Cup of Coffee: Trump's potential power play at the Fed

Homebuilders cheer the EPA's decision on stormwater requirements
Cabinet positions aren't the only areas of uncertainty under a Trump administration. With the next FOMC meeting set for Dec. 13-14, Fed watchers are speculating on what he plans to do with the Fed once in office. In an article on Sunday, The Hill outlined several Republican priorities that might now see daylight, including subjecting the Fed’s monetary policy decisions to outside review and requiring the central bank to adhere to rules in setting policy.
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Ben Carson as HUD Secretary? All signs point that way

Trump reportedly offers top HUD job to Carson, who indicates he will accept
After President-elect Donald Trump tweeted Tuesday that he was “seriously considering” offering the job of Secretary of Housing and Urban Development to Ben Carson, all signs appear to show that Carson will indeed be the next HUD secretary. Carson himself took to Twitter and Facebook Wednesday to discuss the HUD offer and strongly intimated that he plans to accept the job.
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