By Jason Wall Shaun Donovan, the new secretary of the Department of Housing and Urban Development, has his work cut out for him. But he did clear up his opinion on one thing that many of us felt would be unfair.
When asked "We're facing a tidal wave of foreclosures. How do you decide whom to help?"
Donovan answered "We can't nor should we help everybody. We're going to help people who live in their homes. This is not help that we're providing to investors or flippers."
Good answer. Speculators and real estate gamblers should not be the focus in HUD's attempt to help clean up this lending mess.
Glenn Roberts
John "Mack" McCoy
Marjie Cunningham
Claire Zaner
Jason Wall
Aune Tietz
Allen Jaworski
Karissa Webster
Danny Adamson
Jason, I think this looks great! The setup seems very user friendly & I like the colors, the header & the font. Carol Leenstra
I am excited to see the response to this Lake & Co. blog. The design is very nice. The links I have tried worked well. I'll be back!
Kath
Thanks Carol & Kath- I am very excited to get this off the ground and looking forward to having everyone participate.