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HUD Secretary Makes Case for Mortgage Write-Downs
The regulator for Fannie Mae and Freddie Mac could have a “legal responsibility” to approve loan modifications for certain homeowners now that the U.S. Treasury has offered to share in the cost of...
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Housing secretary under fire over FHA’s massive losses
Despite offering “promising signs” that the recovery of the housing market is underway, Secretary of Housing and Urban Development Shaun Donovan came under fire Thursday on Capitol Hill over the poor...
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Housing Secretary Donovan to stay on for second term
Housing and Urban Development Secretary Shaun Donovan will continue in his current role for a second term under President Barack Obama. Donovan, who was New York City’s housing commissioner before...
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Housing’s Hardest Act to Follow: Shaun Donovan is focused on making...
Shaun Donovan took over the Department of Housing and Urban Development (HUD) four years ago during a full-blown housing crisis. Now, he is at work on cleaning up another catastrophe. President Obama,...
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