Our Name & Terminology May Be Turning Away Potential Borrowers
If there’s one thing that is certain for us in 2017 it is change, and lots of it. A new presidential administration, a new secretary for HUD, the likelihood of rising interest rates, and a potential curbing of the CFPB’s powers. Who ever said the new year would be boring?
The Ascent of Donald Trump
The election of president-elect Donald J. Trump exemplified the contempt that many hold for politicians and experienced political operators. Seasoned politicians have proven to be somewhat more predictable. Today we find ourselves no historical precedent to help guide our expectations on what a complete outsider will do as they take the reigns of power. It appears that a political outsider could be leading one of the government’s largest agencies.
President-elect Trump recently announced the appointment of Dr. Benjamin Carson as the next Secretary of Housing and Urban Development. If confirmed, what will Dr. Carson’s priorities be as he steers one of the largest bureaucracies in the federal government with a budget in excess of $47 billion?
Download a transcript of this episode here. “Compassionate Pragmatism”