HUD Secretary Ben Carson answers where housing stands in the pandemic
In today’s Daily Download episode, the Secretary of the Department of Housing and Urban Development Ben Carson joins Digital Producer Alcynna Lloyd in an exclusive interview that breaks down the state of U.S. affordable housing, the nation’s lending practices and what HUD and the Federal Housing Administration are doing to address forbearance as lenders report an uptick in requests from their financially strained borrowers.
Before jumping into the interview, HW+ Managing Editor Brena Nath outlines the current top stories, which include the National Association of Realtor‘s how-to guide on managing work during coronavirus, along with an explanation on why reverse mortgages are getting a second look amid pandemic chaos.
During his interview, in reference to the pandemic’s impact on the U.S. housing market, Carson said, “I just really want to emphasize the fact that this too will pass and the impact of it is also going to go away,” he said. “But there’s a lot of things that will be changed forever in our society, and what we have to do is make sure that we make the best of this situation.”
The Daily Download examines the most captivating articles reported from the HousingWire newsroom. Each afternoon, HousingWire provides its readers with a deeper look into the stories that are not only chronicling the biggest announcements within the housing finance industry but are also helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd.
HousingWire articles covered in this episode: