Skip to content

{ Tag Archives } housing-secretary

HUD secretary, Congress debate foreclosure plans

WASHINGTON – (AP) Against a backdrop of record-low new home sales and ballooning losses from foreclosures, Housing Secretary Shaun Donovan told lawmakers Thursday that the lending industry is set to launch the Obama administration’s $75 billion foreclosure prevention program next week.  

Also tagged , , , , , , , , , , ,

HUD Secretary: Banks must ’step up’ on foreclosure

WASHINGTON – (AP) Housing Secretary Shaun Donovan said Thursday it’s critically important that banks and lending institutions “step up to the plate” to help make certain the Obama administration’s new home foreclosure initiative succeeds.   “This started as a m

Also tagged , , , , , , , , , , , ,