Welcome to the inaugural episode of HousingWire's new, exclusive podcast, 6 questions with 6 HUD executives. In this episode, Editor-in-Chief Jacob Gaffney interviews Secretary Ben Carson about goals, motivations, the state of affordable housing and more.
Music by https://www.free-stock-music.com
Who brings housing hope to those deeply impacted by natural disasters? Who will help the 117,000 FHA-backed homeowners of Puerto Rico? In the second episode of exclusive podcast series, 6 Questions with 6 HUD Executives, Editor-in-Chief Jacob Gaffney speaks with HUD Deputy Secretary Pamela Hughes Patenaude about disaster recovery, the impact of the opioid epidemic and the interconnected nature of the nation's housing policy.
Music by https://www.free-stock-music.com
Brian Montgomery was confirmed as FHA commissioner in May by a vote in the Senate of 74 to 23. But this wasn’t his first trip to the HUD c-suite, this is his second run leading the FHA and he’s been serving the public sector in several roles for quite some time.
Still, it’s a far cry from back when he thought he’d become a geologist, before housing “got into [his] blood,” as he tells HousingWire Editor-in-Chief Jacob Gaffney in our latest, exclusive podcast series: 6 Questions for 6 HUD Executives.
What’s the biggest challenge facing the FHA today? Access to tech solutions, he explains, which is not surprising as some HUD systems are nearing 40 years of use.
So what’s the solution, here? It’s a big one, Montgomery explains.
All that and more, please listen and enjoy.
Tune in on Monday, Oct. 15 for our fourth episode featuring Irving Dennis, HUD's chief financial officer.
[Music by www.free-stock-music.com]
HUD CFO Irving Dennis joined the agency earlier this year after nearly four decades at Ernst & Young, where he was a partner overseeing the audits of major S&P 500 companies. In episode 4 of HousingWire's exclusive podcast series with HUD execs, Dennis talks about his move to the public sector and the passion that drives him.
Anna Maria Farias shares a special bond with Department of Housing and Urban Development Secretary Ben Carson.
Farias, who serves as HUD's Assistant Secretary for Fair Housing and Equal Opportunity, 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.
Today, she’s doing something about it. Farias is one of a handful of shielded HUD staffers. That means, if your lending policies are out of whack on a federal level, Farias may just show up and throw the cuffs on you.
On the newest episode of our exclusive podcast series, 6 Questions for 6 HUD Executives, Farias sits down with Editor-in-Chief Jacob Gaffney to discuss her colorful upbringing, her current enforcement actions and the real reason HUD went after Facebook.
Look out for episode 6 next week, featuring Ginnie Mae's Michael Bright.
Michael Bright knows his way around both the private and public sectors of housing finance.
Bright came to become COO of Ginnie Mae from the Milken Institute. At the Milken Institute, Bright worked in the think tank’s Center for Financial Markets, where he led its housing program.
Prior to working at Milken, Bright was a top aide to Sen. Bob Corker, R-Tennessee. While working for Corker, Bright helped author the Corker-Warner housing finance reform bill, which failed in the Senate in 2015 and would have seen Fannie Mae and Freddie Mac wound down and replaced. Bright also spent time with Wachovia Bank and Countrywide Financial early on his career.
Those experiences became a defining experience for him and are helping to guide Bright through his role at Ginnie Mae, where the now two-trillion dollar portfolio continues to grow. Listen to his exclusive conversation with Editor-in-Chief Jacob Gaffney as he discusses his plans to keep the “guardrails in place” at the nation’s only mortgage bond issuer with the full backing of the United States.
Adolfo Marzol knows firsthand about this nation's long history with taking in, and housing, refugees. In fact, his parents emigrated from Cuba in 1961. How did the Marzols know they had made it in America? They bought their first house, he tells HousingWire Editor-in-Chief Jacob Gaffney in a bonus episode, and now finale, of our exclusive podcast, 6 Questions with 6 HUD Executives.
With the recent turnover in leadership at the Federal Housing Finance Agency, we may be standing at the precipice of great change in the government’s role in supporting the mortgage market through Fannie Mae and Freddie Mac.