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The Bureau County grant is part of more than $128 million in HUD grants announced last week by HUD Secretary Shaun Donovan for Illinois public housing authorities. The funds will allow these agencies to make major large-scale improvements to their...
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Inspector General to audit the Saratoga Springs Housing Authority after reading media reports about the authority’s executive director’s salary and hiring of family members. “The lack of oversight of this housing authority and others around the country...
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Mary Kissel The Obama administration took a victory lap after it inked a $25 billion settlement with five major banks for alleged foreclosure abuses last week. But who, exactly, was harmed? Housing and Urban Development chief Shaun Donovan stopped by...
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Obama administration took a victory lap after it inked a $25 billion settlement with five major banks for alleged foreclosure abuses last week. But who, exactly, was harmed? Housing and Urban Development chief Shaun Donovan stopped by the Journal's...
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Business | Business Day Live An interview with Shaun Donovan, secretary of housing and urban development | James B. Stewart discusses his column about inequities in the tax code. Produced by Mac William Bishop, Pedro Rosado, Matthew Orr and Sean Patrick...
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General Eric Holder, center, accompanied by Housing and Urban Development Secretary Shaun Donovan, right, Iowa Attorney General Tom Miller, and other federal and state officials, announces a settlement regarding mortgage loan servicing and foreclosure...
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The senator wants HUD's Inspector General to undertake a thorough audit of the SSHA, which hasn't been done in 11 years. "The lack of oversight of this housing authority and others around the country is alarming," Grassley wrote. The veteran Republican...
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The senator wants HUD's Inspector General to undertake a thorough audit of the SSHA, which hasn't been done in 11 years. "The lack of oversight of this housing authority and others around the country is alarming," Grassley wrote. The veteran Republican...
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Currently the mortgage giants control about half of all outstanding mortgages nationwide; and many of the borrowers involved owe more than their homes are worth. These homeowners, however, are not eligible for relief under the new settlement. Only a...
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WASHINGTON, D.C.--The $25 billion home mortgage settlement announced this week will be especially important for ethnic families, said Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, in a call-in press briefing...
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Barack Obama, flanked by Attorney General Eric Holder, left, and Housing and Urban Development Secretary Shaun Donovan, gestures as he discusses the mortgage settlement, Thursday, Feb. 9, 2012, in the Eisenhower Executive Office building on the White...
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The use of reserves is expected to help offset significant cuts in federal subsidies for various housing programs offered by the authority. Those subsidy cuts were included in the U.S. Department of Housing and Urban Development’s proposed 2012 budget,...
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Although borrowers around the country owe more than $700 billion more on their homes than the homes are worth, the settlement offers only $26 billion in fines and relief to homeowners. It’s hard to see how this becomes a “catalytic” agent for reviving...
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Part of the proceeds also will help plug a projected shortfall in the reserves of the Federal Housing Administration. Shaun Donovan, secretary of Housing and Urban Development, said in a conference call with reporters Monday that the financial firms...
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Some of that would go to mortgage and foreclosure relief. Bundle that in with the $25 billion deal big banks made with state and federal regulators last week and good things might start to happen. We've heard from analysts and regulators about it, and...
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It's also about requiring them to help the people they harmed by funding efforts to help homeowners stay in their homes." "I really don't see this as being that big a deal. The total number of dollars is still small compared to the value of the...
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D.C.--The $25 billion home mortgage settlement announced this week will be especially important for ethnic families, said Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, in a call-in press briefing Friday. Acknowledging that...
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U.S. Attorney General Eric Holder and U.S. Housing and Urban Development Secretary Shaun Donovan announced the federal government and 49 state attorneys general reached a $25 billion agreement with the nation's five largest mortgage servicers to...
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10 (Bloomberg) -- Hashing out the $25 billion settlement reached by Bank of America Corp. , JPMorgan Chase & Co. and three other U.S. banks with 49 states required missing some football. Bank executives, state officials and U.S. Housing Secretary Shaun...
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“This funding will help housing authorities address long-standing capital improvements, but it only scratches the surface in addressing the deep backlog we’re seeing across the country,” HUD Secretary Shaun Donovan said in a statement. “Today, we are...
About Shaun Donovan
Wikipedia
Shaun L.S. Donovan (born January 24, 1966) serves as United States Secretary of Housing and Urban Development in the cabinet of President Barack Obama. Prior to this he headed the New York City Department of Housing Preservation and Development. On December 13, 2008, in his weekly national radio address, President-elect Barack Obama announced... Full Article
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U.S. Housing and Urban Development Secretary Shaun Donovan (L) and U.S. Attorney General Eric Holder (R) listen to Colorado Attorney General John Suthers (at podium) during a news conference February 9, 2012 in Washington that announced the federal government and 49 state attorneys general...
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Housing and Urban Development (HUD) Secretary Shaun Donovan, left, smiles as he listens to Colorado Attorney General John Suthers, right, speak during a news conference at the Justice Department in Washington, Thursday, Feb. 9, 2012, where a settlement regarding mortgage loan servicing and...
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AP Photo
Housing and Urban Development (HUD) Secretary Shaun Donovan, center, listens as Iowa Attorney General Tom Miller, right, speaks during a news conference at the Justice Department in Washington, Thursday, Feb. 9, 2012, to discuss a settlement regarding mortgage loan servicing and foreclosure...
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AP Photo
Attorney General Eric Holder, center, talks with Housing and Urban Development (HUD) Secretary Shaun Donovan, right, at the Justice Department in Washington, Thursday, Feb. 9, 2012, during a news conference to announce a settlement regarding mortgage loan servicing and foreclosure abuse.
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AP Photo
Attorney General Eric Holder, center, accompanied by Housing and Urban Development (HUD) Secretary Shaun Donovan, right, Iowa Attorney General Tom Miller, and other federal and state officials announces a settlement regarding mortgage loan servicing and foreclosure abuse, Thursday, Feb....
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Reuters Pictures
U.S. Secretary of Housing and Urban Development Shaun Donovan (L) joins Press Secretary Jay Carney (R) for the daily press briefing at the White House in Washington February 1, 2012. President Barack Obama on Wednesday called on Congress to approve a $5 billion to $10 billion effort to...
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WASHINGTON, DC - FEBRUARY 09: U.S. President Barack Obama (2R), joined by (L-R) Illinois Attorney General Lisa Madigan, U.S. Attorney General Eric Holder and Housing and Urban Development Secretary Shaun Donovan, speaks about the details of a $26 billion housing settlement between...
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WASHINGTON, DC - FEBRUARY 09: Iowa Attorney General Tom Miller (L) talks with Connecticut Attorney General George Jepsen (2nd L) as Housing and Urban Development Secretary Shaun Donovan (2nd R) and U.S. Attorney General Eric Holder leave at the end of a news conference February 9,...
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WASHINGTON, DC - FEBRUARY 09: U.S. Attorney General Eric Holder (5th L) speaks while Housing and Urban Development Secretary Shaun Donovan (5th R), Colorado Attorney General John W. Suthers (3rd L) Iowa Attorney General Tom Miller (4th L), and other officials listen during a news...
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Reuters Pictures
U.S. Attorney General Eric Holder (R) and U.S. Housing and Urban Development Secretary Shaun Donovan (at podium) announce February 9, 2012 in Washington that the federal government and 49 state attorneys general have reached a $25 billion agreement with the nation's five largest mortgage...
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Attorney General Eric Holder, center, and Housing and Urban Development Secretary Shaun Donovan listen as President Barack Obama speaks about a mortgage settlement, Thursday, Dec. 9, 2012, in the Eisenhower Executive Office building on the White House complex in Washington.
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AP Photo
President Barack Obama, flanked by Attorney General Eric Holder, left, and Housing and Urban Development Secretary Shaun Donovan, gestures as he discusses the mortgage settlement, Thursday, Feb. 9, 2012, in the Eisenhower Executive Office building on the White House complex in...
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AP Photo
Housing and Urban Development (HUD) Secretary Shaun Donovan listens at left as Colorado Attorney General John Suthers speaks during a news conference at the Justice Department in Washington, Thursday, Feb. 9, 2012, to discuss a settlement regarding mortgage loan servicing and foreclosure...
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AP Photo
Housing and Urban Development (HUD) Secretary Shaun Donovan listens at left as Iowa Attorney General Tom Miller gestures during a news conference at the Justice Department in Washington, Thursday, Feb. 9, 2012, to announce a settlement regarding mortgage loan servicing and foreclosure abuse...
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AP Photo
Attorney General Eric Holder listens at right as Housing and Urban Development (HUD) Secretary Shaun Donovan speaks during news conference at the Justice Department in Washington, Thursday, Feb. 9, 2012, to announce a settlement regarding mortgage loan servicing and foreclosure abuse.
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AP Photo
Housing and Urban Development (HUD) Secretary Shaun Donovan, second from right, and others, watch as Attorney General Eric Holder announces a settlement regarding mortgage loan servicing and foreclosure abuse, Thursday, Feb. 9, 2012, at the Justice Department in Washington.
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US Secretary of Housing and Urban Development (HUD) Shaun Donovan speaks during a press briefing in the Brady Press Briefing Room at the White House in Washington, DC, February 1, 2012. US President Barack Obama earlier outlined steps to support a housing market recovery, including help...
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AP Photo
Housing and Urban Development Secretary Shaun Donovan speaks during the daily news briefing at the White House in Washington, Wednesday, Feb. , 1, 2012.
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Housing and Urban Development Secretary Shaun Donovan listen at left as White House Press Secretary Jay Carney speaks during his daily news briefing at the White House in Washington, Wednesday, Feb. , 1, 2012.
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President Barack Obama walks with Housing and Urban Development Secretary Shaun Donovan as they return to the White House in Washington, Wednesday, Feb. 1, 2012.
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Reuters Pictures
Assistant Attorney General for the Civil Rights Division Thomas E. Perez (C) speaks during a news conference at the Department of Justice flanked by Attorney General Eric Holder (L) and Department of Housing and Urban Development Secretary Shaun Donovan (R) in Washington D.C. December 21,...
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AP Photo
Attorney General Eric Holder, center, walks between Housing and Urban Development Secretary Shaun Donovan, center left, and Assistant Attorney General Thomas E. Perez, center right, while entering a news conference to announce a fair lending settlement at the Department of Justice in...
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Reuters Pictures
U.S. President Barack Obama explains the details of the $26 billion deal to settle charges of widespread mortgage fraud by some of the nation's largest banks in the Eisenhower Executive Office Building on the White House complex in Washington, February 9, 2012. Pictured (L-R) are...
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Reuters Pictures
U.S. President Barack Obama speaks about the details of the $26 billion deal to settle charges of widespread mortgage fraud by some of the nation's largest banks in the Eisenhower Executive Office Building on the White House complex in Washington, February 9, 2012. Pictured (L-R) are...
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Getty Images
US President Barack Obama speaks about the home loan mortgage settlement between US states and five leading banks at the Eisenhower Executive Office Building adjacent to the White House in Washington, DC, February 9, 2012. The US Justice Department announced a $25 billion settlement...
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Reuters Pictures
U.S. Housing and Urban Development Secretary Shaun Donovan (L) and U.S. Attorney General Eric Holder (R) listen to Colorado Attorney General John Suthers (at podium) during a news conference February 9, 2012 in Washington that announced the federal government and 49 state attorneys general...
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