Items Tagged with 'Ben Carson'

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  • HUD Secretary Ben Carson says he'll leave office after first term

    Reveals plans to move on to the private sector
    HUD Secretary Ben Carson revealed he intends to leave his post at the end of President Donald Trump's first term. In a segment for conservative news outlet Newsmax TV that aired Monday night, Carson said he is eyeing a position in the private sector, according to an article in The Washington Post, saying, "I think you have just as much influence, maybe more, there."
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  • Who is Maren Kasper, the new head of Ginnie Mae?

    Former Roofstock director at the center of numerous issues at HUD
    Ginnie Mae said Wednesday that Maren Kasper, Ginnie Mae’s current executive vice president, will serve as acting president in Michael Bright’s absence. But what do we know about Kasper, who will soon be overseeing an agency that boasts a mortgage bond portfolio of more than $1 trillion? A look into Kasper finds housing experience, but also numerous issues during her time at HUD.
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  • FHA: No PLF changes for reverse mortgages

    Report reveals HECM’s drain, but FHA says it’s moving in the right direction
    The Federal Housing Administration released its 2018 Report to Congress on Thursday, revealing that the HECM program continues to be a drain on its flagship Mutual Mortgage Insurance Fund to the tune of $13.63 billion in the last fiscal year. But FHA Commissioner Brian Montgomery said the program is benefiting from policy changes made last year, and that the agency remains "optimistic that the quality of the book will continue to improve."
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  • FHA will not cut mortgage insurance premiums

    Actuarial report reveals insurance fund is in good health, but Montgomery says premiums will stand
    The Federal Housing Administration released details on the health of its flagship Mutual Mortgage Insurance Fund on Thursday, revealing a positive economic net worth of $34.86 billion and an acceptable ratio of capital reserves at 2.76%. The numbers are markedly better than last year, but FHA Commissioner Brian Montgomery said that doesn’t mean the agency will be reducing mortgage insurance premiums any time soon.
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  • Washington Post: Trump administration backtracks on curious HUD staffer move

    Suzanne Israel Tufts isn’t moving to a new job at the Interior Dept. after all
    On Wednesday, it was initially reported that HUD's Assistant Secretary for the Office of Administration Suzanne Israel Tufts was moving to the Interior Department to serve as acting inspector general overseeing four investigations into Secretary Ryan Zinke’s conduct. However, as of Thursday, that's now a different story.
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  • Washington Post: HUD staffer shuffled to new agency, confusion and suspicion reigns

    In a surprise move, HUD Assistant Secretary Suzanne Israel Tufts has joined the Interior Department as acting inspector general
    In a highly unusual move, U.S. Department of Housing and Urban Development Assistant Secretary Suzanne Israel Tufts was moved to the Interior Department to serve as acting inspector general overseeing four investigations into Secretary Ryan Zinke’s conduct.
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  • 6 Questions with 6 HUD Executives, Ep. 5: Assistant Secretary Anna Maria Farias

    Farias talks about her motivations, taking down corruption and the real reason HUD went after Facebook
    Anna Maria Farias shares a special bond with Department of Housing and Urban Development Secretary Ben Carson. Farias also grew up in public housing. She, like Carson, fought hard to achieve a greatness unparalleled. Farias was the child of a single parent who struggled to make ends meet, and she witnessed first-hand the discrimination and harassment her mother faced daily.
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