Adolfo Marzol has been appointed to the position of Senior Advisor to the Secretary of the Department of Housing and Urban Development. Following his appointment, he resigned from the Board of Directors of Essent Group Ltd.
Read More »Trump Nominates Deputy HUD Secretary, Industry Reacts
President Donald Trump nominated Pamela Hughes Patenaude to be Deputy Secretary of Housing and Urban Development on Friday. Widely considered the real position of power at HUD, Patenaude’s confirmation as Deputy Secretary would see her serve alongside Dr. Ben Carson, who was confirmed as HUD Secretary in March.
Read More »Senators Push For CDBG Funding
In the wake of President Trump’s proposed cuts to the Department of Housing and Urban Deployment (HUD), including the complete elimination of funding to the Community Development Block Grant (CDBG), U.S. Senator Kirsten Gillibrand (D-NY), along with 41 other senators, urged federal appropriators to put $3.3 billion in federal funding toward the (CDBG). HUD Secretary Ben Carson had previously stated that the CDBG would continue, but under a different name.
Read More »Mortgages in the Week of Rate Hikes
Applications and rates jumped preceding and following the announcement of the Fed rate hike.
Read More »Who Could Feel HUD Budget Cuts the Most
President Trump’s plan to cut over $6 billion in funding to HUD. Who would these cuts hurt the most?
Read More »Down Payment Assistance Programs are Not a Problem
Claims from the HUD Office of the Inspector General that down payment assistance programs are harmful may be mistaken.
Read More »Trump Determines the Future of HUD
The president plans to reduce spending in nearly every department, including the Department of Housing and Urban Development, and move the difference into defense spending.
Read More »$6 Billion in Cuts for HUD Met with Opposition
Cuts of $6 billion to HUD budget would prevent big-ticket repairs to public housing and reduce number of vouchers for low-income families. The plan would also cut HUD salaries by 5 percent.
Read More »Economist Responds to Carson’s Call for Input on Housing Needs
Economist offers suggestions to new HUD Director on improving affordable housing for working families near areas of economic opportunity.
Read More »Ben Carson Makes First Address as HUD Secretary
Carson holds a Q&A with employees of HUD and talks about his time as a neurosurgeon.
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