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Tag Archives: President Trump

Secretary Carson Kicks Off Homeownership Month with Forum

Dr. Ben Carson, Secretary of the Department of Housing and Urban Development, is gearing up for a big June. On the heels of a recent proclamation from President Trump, declaring the month “National Homeownership Month,” Dr. Carson hosted an academic forum at his agency earlier today. He’s also preparing to go before Congress next week to discuss Trump’s recent 2018 budget blueprint, which proposes a $6.2 billion cut from HUD’s funding.

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Lender Poll: Regulation a Top Priority

A recent survey of mortgage professionals shows that a majority are ready for regulation changes to the Home Mortgage Disclosure Act. Most of those polled believe requirements for collecting, analyzing and reporting data, coupled with a lack of resources to manage the mortgage data, contributes to the rising cost of loans. Nearly a quarter share President Trump’s sentiment that policy changes to the mortgage industry would be beneficial to the lending market.

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Secretary Carson Talks Mind Over Matter in Housing Struggles

In a recent radio interview, HUD Secretary Ben Carson said that with “the right mindset,” many Americans using HUD’s low-income housing subsidies could overcome their struggles. Carson discussed topics of poverty, housing, and the government’s role in both, just days after President Trump’s 2018 budget blueprint was released. The plan cuts $6.2 billion from the HUD budget, ends the Community Development Block Grant program, and slashes funding for the department’s rental assistance program.

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