Two Potential Trump HUD Secretaries Are Touted – NMP Skip to main content

Two Potential Trump HUD Secretaries Are Touted

Nov 14, 2016
While President-Elect Donald Trump has yet to offer clues on which people will fill his new cabinet, two potential candidates are emerging to become the next Secretary of the U.S. Department of Housing & Urban Development (HUD)

While President-Elect Donald Trump has yet to offer clues on which people will fill his new cabinet, two potential candidates are emerging to become the next Secretary of the U.S. Department of Housing & Urban Development (HUD).

According to a Politico report, Pamela Patenaude is being considered for the HUD spot. Patenaude served as an assistant secretary for community, planning and development at HUD during George W. Bush’s presidency, later becoming Director of Housing Policy at the Bipartisan Policy Center. She is currently president of the J. Ronald Terwilliger Foundation for Housing America's Families and has not publicly commented on this report.

However, the Daily Caller is playing up the candidacy of Rob Astorino, county executive for New York’s Westchester County, for the HUD post. Astorino is a longtime friend of Trump, and he gained national prominence for his legal fight against HUD and the Justice Department over a federal court settlement challenging the racial diversity in Westchester’s affordable housing locations. Astorino, who was a broadcasting executive prior to entering politics, was the Republican candidate in the 2014 New York governor’s race, but lost the race to the incumbent, former HUD Secretary Andrew Cuomo.

“I can only say that I can’t confirm or deny the rumor—and that the County Executive loves his current job,” said Astorino’s spokesman William O’Reilly in a press statement. “He’s been friendly with Mr. Trump for many years, so any private discussions between them need to remain private.”

About the author
Published
Nov 14, 2016
MISMO Launches AI Governance Framework For Mortgage Lenders

New FRAME toolkit gives lenders, servicers, and technology providers a roadmap for managing AI risk while supporting innovation

CFPB Tells Lenders Immigration Status Can Factor Into ATR Analysis

CFPB frames immigration status as a potential ability-to-repay factor when future U.S.-based income is at risk

UAD 3.6 Deadline Nears; First American Earns Verification

First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements

MISMO Introduces New Loan Boarding Standard

Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan

The GLBA Compliance Gap Your AI Deployment Just Opened

Old statutes, new models, and the vendor contract you signed before machine learning became operational

FHA Keeps Tri-Merge Credit Reports While Expanding Approved Scoring Models

HUD says FHA lenders will continue using three-bureau credit reports even as the agency adopts newer scoring models aimed at increasing competition and modernizing mortgage underwriting