Henry Cisneros was Secretary of the U.S. Department of Housing and Urban Development during the Clinton Administration. He currently serves on the Executive Committee of the J. Ronald Terwilliger Foundation for Housing America’s Families.
States and local communities must also embrace permissive land-use policies that encourage alternative housing structures for seniors, such as accessory dwelling units, micro-units, and congregate homes. These policies can be a win-win for everyone — preserving the integrity of neighborhoods while expanding affordable housing options.
For generations of Americans, a safe and affordable home has been the foundation for economic success. For many, owning a home has been the key to their financial security and that of their children and grandchildren. We need ideas to fix the current mess.
He wears t-shirts to his televised interviews; not very CEO. He played sports at a high level, but rarely brings it up and when he does he talks about it as a mere chapter in his life. Honestly, who plays a Super Bowl and doesn’t describe it as the defining moment in their personal journey? Casey Crawford, that’s who. His family is a big part of his life of course, but he talks about his even larger family — his coworkers — in terms that are just as glowing.
One of the things that has bedeviled mortgage financing post-crisis has been the absence of the private label mortgage backed securities market. During the peak years, private label MBS issuance topped $1 trillion. In 2017, only $70 billion of private label RMBS were issued, although that is a big increase from 2016.
Digital technology has disrupted businesses and industries from publishing to public transportation, so can the mortgage industry be far behind? Actually, anyone who’s applied for a mortgage recently will have recognized that things are already changing fast.