Five Star’s Ed Delgado Criticizes Senate HUD Nomination Hold

first_img  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Lawmakers React to Wells Fargo Fine Next: Single-Family Rentals Over the Past Decade The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago April 20, 2018 3,438 Views Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Ed Delgado and HUD Secretary Ben Carson at the Five Star Government ForumOn Thursday, it was reported that U.S. Sen. Tammy Duckworth (D-Illinois) has placed a blanket hold on all nominations for vacant positions within the U.S. Department of Housing and Urban Development.Sen. Duckworth made this move after not receiving a response within her prescribed deadline to a letter containing more than 25 detailed questions that she and Sen. Dick Durbin (D-Illinois) sent to HUD Secretary Ben Carson regarding the closure of two dilapidated public housing complexes in Thebes, Illinois, that impacted 85 residents. In the letter, the Senators called the closing “an ill-advised and heedless decision.” HUD placed the county public housing authority in administrative receivership in 2016 after diagnosing years of mismanagement by local public housing authorities, a move widely praised at the time by both senators.On April 3, Five Star President and CEO Ed Delgado and HUD Secretary Dr. Benjamin Carson met at the Five Star Government Forum in Washington D.C., where they commented on the urgency around resolving Brian Montgomery’s nomination as Assistant Secretary for Housing and Federal Housing Administration Commissioner for the United States Department of Housing and Urban Development.However, the blanket hold, a parliamentary procedure designed to keep present and future departmental nominations from being considered on the Senate floor so long as it is in place, may have more detrimental ramifications than Sen. Duckworth is anticipating—and the people it will impact the most are American homeowners.“The delay on the nomination of Brian Montgomery is a political game played at the expense of homeownership,” Delgado said in reaction to the hold. “For three and a half years, FHA has been without a confirmed, permanent commissioner. This hold continues the practice of depriving HUD of vital leadership at one of its most crucial positions. These types of parliamentary tricks are out of step with the needs of homeowners and represent politics at its worst.”Earlier this month, Delgado, on behalf of multiple trade organizations, sent a letter to the Senate Majority Leader Mitch McConnell, congratulating him on working with the administration to lead the confirmation process of a record number of nominees to the federal bench, but urging that the Senate move on the nomination of Brian D. Montgomery for the position of Assistant Secretary for Housing and Federal Housing Administration Commissioner for the United States Department of Housing and Urban Development.“On November 28, 2017, and again on January 8, 2018, the Senate Banking Committee voted to recommend the nomination of Brian D. Montgomery … Now, nearly four months since being approved by the committee for the second time, the status of Mr. Montgomery’s nomination to lead the Federal Housing Administration remains uncertain, with no vote scheduled in the near term,” Delgado wrote.In his letter, Delgado outlines the importance of the FHA to the mortgage industry and in preserving the American Dream of Homeownership, citing that the agency’s portfolio totals more than $1.37 trillion dollars in assets; has provided mortgage insurance for 47.5 million single-family homes and since its inception; and in 2017, FHA insured 37.7 percent of all mortgages provided to racial or ethnic minorities.“Despite its importance within the mortgage market, the FHA has been without a Senate-confirmed leader since 2014, stymieing the effectiveness of the organization and the ability of its staff to make meaningful policy adjustments as the market dictates,” Delgado wrote.In addition to Montgomery, two other senior nominees await confirmation votes for HUD positions, according to the Washington Post Nomination Tracker.Robert Hunter Kurtz is awaiting confirmation as Assistant Secretary for Public and Indian Housing. The position serves as the principal adviser to the Secretary and Deputy Secretary on matters relating to the development and management of the department’s public and Indian housing programs, which provide affordable housing to more than 1.3 million households nationwide and oversees a budget of about $27 billion.Seth Daniel Appleton is also awaiting confirmation for the post of Assistant Secretary for Policy Development and Research, the principal advisor to the Secretary on overall departmental policy, program evaluations, demonstrations, and research, and who is responsible for providing economic information and analyses of housing and community development statistics and other data. Related Articles Share Save Rachel Williams attended Texas Christian University (TCU), where she graduated with Magna Cum Laude with a dual Bachelor of Arts in English and History. Williams is a member of Phi Beta Kappa, widely recognized as the nation’s most prestigious honor society. Subsequent to graduating from TCU, Williams joined the Five Star Institute as an editorial intern, advancing to staff writer, associate editor and is currently the editor in chief and head of corporate communications. She has over a decade of editorial experience with a primary focus on the U.S. residential mortgage industry and financial markets. Williams resides in Dallas, Texas with her husband. She can be reached at [email protected] Five Star’s Ed Delgado Criticizes Senate HUD Nomination Hold The Best Markets For Residential Property Investors 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Five Star’s Ed Delgado Criticizes Senate HUD Nomination Hold Tagged with: Ben Carson blanket hold Brian Montgomery Department of Housing and Urban Development Dick Durbin Ed Delgado FHA FHA Commissioner Five Star Institute HUD Nominations Secretary Ben Carson Tammy Duckworth in Daily Dose, Featured, Government, Journal, News The Best Markets For Residential Property Investors 2 days ago About Author: Rachel Williams Data Provider Black Knight to Acquire Top of Mind 2 days ago Ben Carson blanket hold Brian Montgomery Department of Housing and Urban Development Dick Durbin Ed Delgado FHA FHA Commissioner Five Star Institute HUD Nominations Secretary Ben Carson Tammy Duckworth 2018-04-20 Rachel Williams Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

Old Bethpage Man Killed by Driver while Walking Dog, Cops Say

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York An Old Bethpage man walking his dog was killed by a driver early Thursday morning, Nassau County police said.The victim, 42-year-old Robert Michaels, was walking his dog south on Round Swamp Road in his hometown when he was struck by a 2013 Dodge Avenger just before 12:30 a.m., police said.He was transported to Nassau University Medical Center where he was pronounced dead at 1:05 a.m., police said. Michaels’ dog was pronounced dead at the scene.The driver, 37-year-old Matthew Johnstone of North Massapequa, allegedly fled the scene after the accident but later returned. He was placed under arrest and charged with leaving the scene of an accident.Johnstone will be arraigned Thursday at First District Court in Hempstead.last_img read more

Fincantieri Cuts First Steel for Seven Seas Splendor

first_imgItalian shipbuilder Fincantieri has launched construction works on Seven Seas Splendor, the second cruise ship to be built for Regent Seven Seas Cruises (RSSC), a brand of Norwegian Cruise Line Holdings.The steel cutting ceremony took place at the shipyard in Ancona on March 15.Seven Seas Splendor was ordered for EUR 422 million (USD 520.8 million) in March 2016.The newbuilding is scheduled for delivery in early 2020, according to Fincantieri.With its 55,500 gross tons, Seven Seas Splendor will be 224 meters long and will be able to accommodate 754 passengers on board.The new ship, which will follow Seven Seas Explorer delivered by the shipyard in Sestri Ponente, Genoa, in June 2016, will be built using the latest in environmental protection technologies, the shipbuilder said.last_img

County champions line up for Woodhall Spa weekend

first_img8 Sep 2013 County champions line up for Woodhall Spa weekend The champions from every English county will descend on England Golf’s headquarters at Woodhall Spa this weekend (14th – 15th September) for their respective national champions event, boys, men and seniors, over the testing Hotchkin Course. All three championships are over 36 holes, the boys on Saturday, the men on Sunday while the seniors play one round on each day. The Boys’ event, which kicks off proceedings on Saturday morning, includes two players involved for England in the recent Boys Home Internationals, Adam Chapman (Windermere, Cumbria) and Harry Ellis (Meon Valley, Hampshire IoW &CI). Chapman (Image © Leaderboard Photography), the Cumbrian boys’ champion, made his England debut in this year’s European Boys Team Championships. He also finished runner-up in the Sir Henry Cooper Junior Masters and was joint third in the McEvoy Trophy. Ellis was English champion in 2012 which earned him selection for last year’s Home Internationals. He earned his first boys cap in this year’s European Boys Team Championships and was runner-up in the Michel Carlhian Trophy in France, second in the Hampshire Hog and third in the McEvoy Trophy.   Also in the field of 31 boys county champions is Herman Loubser (Mount Murray, Isle of Man) who finished equal fourth in the English Boys under 14 Championship for the Reid Trophy while he made his England debut in the under 16 international with Spain and also played against Wales. Others competing include Jack Dyer (Rochford Hundred, Essex), the English Schools under 16 champion, and three more under 16 caps, Lewis George (Delamere Forest, Cheshire), Harry Hall (West Cornwall) and Christopher Handy (South Moor, Co Durham). The 32-strong field for the men’s event includes John Longcake (Silloth-on-Solway, Cumbria), three times a winner of the English Mid Amateur Championship for the Logan Trophy, who will look to improve on his runner-up spot in the County Champions event in 2008. He faces strong opposition from the likes of Haydn McCullen (Delamere Forest, Cheshire), the Lancashire champion and boys champion and a boy international, who is flying back from representing England in the Canadian International Junior Challenge to compete, and the vastly experienced David Gibson (Cosby, Leicestershire & Rutland), a stalwart of golf in his county. Another challenger could be Bobby Keeble (Crowlands Heath, Essex), another boy cap and runner-up in the Boys under 18 Championship last year, and Kevin Moore (Douglas, Isle of Man), a former member of the England Youth squad and sixth in this event in 2004.   The Seniors’ field of 33 includes several internationals, including the current English and Scottish Seniors Open champion Richard Latham (Woodhall Spa, Lincolnshire), who knows the Hotchin Course well as he is the Golf Manager at Woodhall Spa. Latham won the English title at Bristol & Clifton just three weeks after turning 55. He also won the Scottish Seniors Open and Lincolnshire Senior titles and was duly called up to represent England in the European Senior Men’s Team Championships in Hungary.  Other internationals in the seniors event include Latham’s England team-mate Charles Banks (Stanton-on-the-Wolds, Nottinghamshire) and past Seniors champion Chris Reynolds (Littlestone, Kent). The international theme continues with Welsh senior caps John Whitcutt (Burnham & Berrow, Somerset) and Basil Griffiths (Llanymynech, Shropshire & Herefordshire).last_img read more

Finally… Steelers win a game

first_imgANTONIO BROWN—Another big gameWell, it finally happened. It had to happen eventually. The Steelers finally won their first game of the season with a 19-6 victory over the New York Jets, 3-3.The Steelers looked impressive on both offense and defense, something they haven’t done all season, against the up and down Jets. Now they face the up and down Baltimore Ravens, 3-3, at home. The Ravens are coming off a 19-17 loss to the Green Bay Packers.The Steelers win leaves only three teams without a victory; the Jacksonville Jaguars, 0-6; the Tampa Bay Buccaneers, 0-5; and the New York Giants, 0-6.After losing several players off last year’s Super Bowl winners, the Ravens have looked like an average team this season and their 3-3 record tells the story. Quarterback Joe Flacco, who was supposed to have moved into the class with the super quarterbacks by leading the Ravens to the promised land last season has looked average this season. And even though every expert says that when Ray Rice carries the ball 20 or more times they win, for some reason he only carried the ball 14 times against the Packers for 34 yards and of course they lost.Flacco was 20 of 34 for 342 yards but with no ground game it wasn’t enough to beat the Packers, even though their defense held Aaron Rodgers pretty much in check, allowing only 19 points by the high scoring Packers.  The Ravens defense even without Ray Lewis has been impressive this season, but the offense has been inconsistent, while they try to find receivers to step up to replace Anquan Boldin who they traded to the San Francisco 49ers.With both Baltimore and the Cleveland Browns losing, the Steelers could put themselves right back in the race with a win over the Ravens this Sunday and the Oakland Raiders, 2-4, the following week in Oakland. The Raiders are coming off a very unimpressive 24-7 loss to the Kansas City Chiefs. But a win in New England against the Patriots, 5-1, will be a much tougher task.  The Patriots looked very impressive with a come from behind 30-27 victory over the then undefeated New Orleans Saints.In the AFC North the Browns lost to the Detroit Lions, 31-17, and the Cincinnati Bengals gave up a big lead but held on to beat the Buffalo Bills in overtime 27-24 to move to the top of the division at 4-2.Even though the Steelers beat the Jets pretty easily it was more the lack of talent by the Jets than the Steelers being impressive. The offense only scored 19 points, but New York does have a solid defense. Ben Roethlisberger was 23 of 30 for 264 yards and a 55 yard touchdown to Emmanuel Sanders and Le’Veon Bell had just 34 yards on 16 carries. Antonio Brown had another impressive outing with 88 yards on 9 catches and Heath Miller had his best game with 84 yards on 6 catches and Sanders had 70 yards on 3 catches.One thing noticeable was that Roethlisberger protected the ball in the pocket much better in this game with two hands to avoid a turnover.On defense the two rookie linebackers, Jarvis Jones and Vince Williams looked very impressive.  Cameron Heyward replaced Ziggy Hood at nose tackle and played very well. But whether he will remain in the starting lineup remains to be seen. Hood saw a lot of action.The Steelers picked off two interceptions moving them off the list as the only team without an interception in the league. Your comments are welcome. Follow @NewPghCourier on Twitter us at our mobile app at read more

Sourav Ganguly: MS Dhoni has communicated decision on future with captain, selectors

first_imgAdvertisement bn1yoNBA Finals | Brooklyn Vs3gtwWingsuit rodeo📽Sindre Eadsvt( IG: @_aubreyfisher @imraino ) 7dyrWould you ever consider trying this?😱11rCan your students do this? 🌚2nxltcfRoller skating! Powered by Firework BCCI president Sourav Ganguly believes MS Dhoni has already communicated about his future plans with skipper Virat Kohli. One of India’s most finest captains ever, Dhoni, has reached the twilight of his decorated career. But after representing his beloved country for 15 consecutive years, ‘Captain Cool’ decided to take an indefinite sabbatical from cricket after the Cricket World Cup this year. As usual rumours and speculations about his retirement skyrocketed since he also refused to return; but president Ganguly is sure that Dhoni has already spoken with Kohli on his plans.Advertisement Picture Credit: Cricket Country“He’s (MS Dhoni) had communication with the captain, I am sure he has had communication with the selectors, and I don’t think this is the platform to discuss about it,” Ganguly said in an event.However, ever since his age caught up with him, critics have strongly disapproved Dhoni’s performance even before the Cricket World Cup in England this summer. The wicketkeeper came under heavy criticism for his poor strike rate and that he wasn’t contributing enough with the bat. But according to BCCI, experience matters the most and therefore Virat Kohli took the opportunity to extend Dhoni’s mentorship for a while.Advertisement Even the board president reckons that it will take years to find someone of Dhoni’s calibre. In his words, “You won’t get another MS Dhoni very, very soon, but what he does — whether he wants to play, whether he doesn’t want to play, is up to him.”The 38-year-old, took the throne in 2007 and cemented his place as India’s new leader, winning the inaugural World T20 in South Africa that year. That victory and his composure instilled a faith in the team which would enjoy a sensational four years of international success, ultimately lifting the ODI World Cup at home four years later.Advertisement Read Also:Game Of Boards: Is a Super Series between the top 4 cricketing nations a good idea?Top 5 Best Cricket Catches in 2019  Advertisementlast_img read more