Skip to main content

HUD’s Carson Criticizes Congressional Egos on Shutdown

Jan 25, 2019
U.S. Department of Housing & Urban Development (HUD) Secretary Ben Carson rebuked congressional leaders for failing to come to an agreement on the partial federal government shutdown

U.S. Department of Housing & Urban Development (HUD) Secretary Ben Carson rebuked congressional leaders for failing to come to an agreement on the partial federal government shutdown.
U.S. Department of Housing & Urban Development (HUD) Secretary Ben Carson rebuked congressional leaders for failing to come to an agreement on the partial federal government shutdown
In an interview with NPR, Carson suggested the legislators were more enamored with their self-importance than governing.
 
“We can continue to hope that our leaders will recognize that this is an easy problem to solve,” he said. “I mean, just take your ego out of it.”
 
Carson noted that even though furloughed workers—including 95 percent of HUD’s employees—will get back pay, many of them will not be made “whole” after the shutdown is over.
 
“These federal workers, I mean, yes I know we're going to give them back pay, but that doesn't take care of the interest if they borrow money,” Carson said. “We really need to think about them, as opposed to some political victory. And it does worry me about the future of our country. If we're going to do everything based on ideology and hatred, I just don't see how we are going to be successful as a country.”

 
About the author
Published
Jan 25, 2019
Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

In Wake Of NAR Settlement, Dual Licensing Carries RESPA, Steering Risks

With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.

A California CRA Law Undercuts Itself

Who pays when compliance costs increase? Borrowers.

CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

Fannie Mae Weeds Out "Prohibited or Subjective" Appraisal Language

The overall occurrence rate for these violations has gone down, Fannie Mae reports.

Arizona Bans NTRAPS, Following Other States

ALTA on a war path to ban the "predatory practice of filing unfair real estate fee agreements in property records."