News Column

MBA Statement on Senate Banking Committee Backing Julian Castro as HUD Secretary

June 25, 2014

WASHINGTON, June 25 -- The Mortgage Bankers Association issued the following news release:

David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement on the Senate Banking Committee Approving Julian Castro to be Secretary of Housing and Urban Development (HUD).

"MBA commends the Senate Banking Committee for approving Julian Castro to be the next Secretary of Housing and Urban Development. We now hope the full Senate will quickly confirm not only Julian Castro and HUD Secretary, but also Shaun Donovan as the new Director of OMB. Once both are confirmed, it will only strengthen the Administration's depth in housing issues, as both men are suitably positioned to tackle the important challenges facing our industry."

[Category: Financial Services]

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Source: Targeted News Service

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