Tag Archives: Julián Castro

During an hour-long speech at the Press Club in Washington, D.C., HUD Secretary Julian Castro spoke of the economic progress the nation made in 2014, such as experiencing the fastest job growth rate in 15 years, and he addressed HUD's initiatives which are aimed at promoting, increasing, and expanding opportunities for Americans to own a home.

HUD Secretary Julian Castro is scheduled to speak at the National Press Club (NPC) luncheon on January 13 to address the state of the housing industry and what HUD's plans are for 2015, the NPC announced on Tuesday.

HUD Secretary Julian Castro unveiled in a speech the points of the agency's "Blueprint for Access" meant to ease the risk of lending while expanding credit. "It's in our entire nation's interest to help more responsible Americans succeed in the housing market by expanding access to credit," Castro said.

Representatives from HUD and Ginnie Mae convened at the second annual Ginnie Mae Summit Monday to discuss initiatives and programs designed to create a healthy housing market. The company's plans indicate it is changing its policies and procedures as part of an ongoing effort to adapt to changes in the housing industry, preserve the integrity of its mortgage-backed securities (MBS) program, reduce risk, and better manage resources.

Less than two months after the San Antonio mayor's nomination for the post, the Senate voted Wednesday to confirm Julian Castro as HUD secretary as current cabinet member Shaun Donovan is poised to take over the Office of Management and Budget (OMB). The body voted 71-26 to confirm Castro, a Democrat whose star has been on the rise since he delivered the opening keynote at the 2012 Democratic National Convention.

San Antonio Mayor Julian Castro, the president's pick to replace Shaun Donovan as secretary of HUD, appeared to breeze through his first nomination challenge Tuesday as he fielded questions from the Senate Banking Committee. Facing questions from the group of senators, Castro addressed the current stability and role of the Federal Housing Administration (FHA), which had to take a $1.7 billion bailout last year for the first time in its history.

Following recent reports that the San Antonio mayor was being discussed to take over as HUD secretary, the White House has confirmed the nomination of Julián Castro for the position. Meanwhile, current HUD Secretary Shaun Donovan is headed to the White House Office of Management and Budget.