HUD Secretary Resigns

As has been reported by many – Alphonso Jackson resigned as Secretary of HUD today.  The question at hand is not what he did – and if he was a GREAT HUD Secretary (because in my humble opinion he was NOT a great Secretary – no matter what pictures he put up about himself!) but WHO will follow him.

“On Monday on his way out of the country for a trip built around a NATO summit, Bush said he wants Congress to modernize HUD’s Federal Housing Administration, allowing more struggling homeowners to refinance their mortgages.”

Well Mr Bush – that’ going to be difficult if we don’t have anyone RUNNING FHA – and so far this appears to be a job nobodies really going after!

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About Eleanor

I see myself differently than most loan officers in the Cary/Raleigh market. As a rare Cary native, I see myself as an expert on the area, on mortgage industry changes & factors that effect rates! I've lived in Cary since 1968 - and I'm second generation "mortgage." I work with my husband, Steve Thorne Mortgage Loan Originator #60596 Equal Housing Lender

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Comments

  1. Hi there, I found your blog while searching the net for hud fha foreclosure and your post on ecretary Resigns at NC FHA Expert looks right on!

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