The Week Ahead: A New Deputy Secretary for HUD?

first_imgHome / Daily Dose / The Week Ahead: A New Deputy Secretary for HUD?  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save The Week Ahead: A New Deputy Secretary for HUD? On Tuesday, the Senate Committee on Banking, Housing and Urban Affairs will hold a hearing to discuss the nomination of Brian Montgomery as Deputy Secretary of the Department of Housing and Urban Affairs.Under this role, Montgomery, who also serves as HUD’s Assistant Secretary for Housing and Federal Housing Commissioner, would manage the day-to-day operations of the agency and assist the Secretary in leading the department’s nearly 8,000 employees.“Once again, I am tremendously honored to be called upon by President Trump and Secretary Carson to serve this Department and the American people,” Montgomery said. “Service to our fellow Americans is the cornerstone of our Department and I look forward to continuing to help fulfill HUD’s critical role.”A release from HUD states that Montgomery was nominated for these roles in September 2017 and he is the first person to serve as the head of the Federal Housing Administration twice and under three different Administrations.“Brian brings tremendous experience to our team and has been a strong voice in the effort to reform the Nation’s housing finance system,” said HUD Secretary Dr. Benjamin Carson. “As Federal Housing Commissioner, Brian made certain FHA remains a stable and reliable resource for first-time and minority homebuyers, and other underserved borrowers while protecting the interests of taxpayers. Brian is a key member of our team and I look forward to having him confirmed as our Deputy Secretary.”Tuesday’s hearing will include several other nominations, including Mitchell A. Silk to be an Assistant Secretary of the Treasury, and David Carey Woll, Jr., of Connecticut, and John Bobbitt, of Texas, both to be an Assistant Secretary of HUD.Here’s what else is happening in The Week AheadFreddie Mac Primary Mortgage Market Survey—December 12CFPB WorkShop With Federal Trade Commission—December 10Fed Rate Announcement—December 11 Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Carson FHA HUD Montgomery Senate The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Seth Welborn Previous: Mortgage Servicing: Keeping Up With the Consumer Next: Home-Equity Wealth Forecasted to Grow in 2020 The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Subscribe December 6, 2019 2,322 Views Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Carson FHA HUD Montgomery Senate 2019-12-06 Seth Welborn Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more