April 2012

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    Asst. Sec. Mercedes Marquez to Leave HUD in May

    HUD Assistant Secretary of Community Planning and Development Mercedes Márquez, part of HUD’s “Dream Team,” will leave the agency in May, shortly after HUD releases enhancements to the Consolidated Plan. more

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    Maurice Jones Sworn In As HUD Deputy Secretary

    Maurice Jones, a former chief of staff for Virginia Gov. Mark Warner and special assistant to the general counsel at U.S. Treasury Department, was sworn in this week as HUD Deputy Secretary. Jones succeeds former Deputy Secretary Ron Sims, who retired last year more

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    Report Finds Discrimination in REO Marketing and Maintenance

    In a new report, “The Banks Are Back, Our Neighborhoods Are Not,” the National Fair Housing Alliance examines REO properties in nine major U.S. cities, finding incidents of discrimination in the care and maintenance of properties, with foreclosed properties in white areas being much better. maintained and marketed than those in neighborhoods of color. more

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    Report: Older Populations Face Housing Affordability Challenges

    A new report from the Center for Housing Policy, “Housing an Aging Population – Are We Prepared?” finds that older adults are more likely than younger adults to have housing affordability challenges. more

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    CAP Report Argues Shared Appreciation Strategy for GSEs

    In “Sharing the Pain and Gain in the Housing Market,”, the Center for American Progress makes the case for why the government-controlled mortgage giants Fannie Mae and Freddie Mac should embrace a targeted principal reduction strategy for deeply underwater borrowers by way of shared appreciation modifications. more