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Mnuchin, Ben Carson testify on housing finance reform



Treasury Secretary Steven Mnuchin, FHFA Director Mark Calabria and HUD Secretary Ben Carson testify before the Senate Banking Committee on the Trump Administration’s plan to overhaul the housing finance system.

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35 comments

  1. Now recently we had alot of local city staff involved in thief of city funds caught and fined. But this part of the scam was never mentioned in the press. A last name associated once was now fined on this side but the son was never caught on this side. But I'm just seeing press ignore it and commissioners and a variety of buddy systems being hidden quick. This was done during a visit by a VIP of Washington DC and an odd cell tower appeared then all government offices of the city of Asheville was shut completely down. Mystery or hoax. Truth doesnt lie.
    I think it's time to clean up the swamp of traitors self worthing themselves off the money meant to go to relief programs. FEMA could not answer any questions in Asheville NC either.

  2. Look at the treasury funds allotted out per state for these qualifying programs for housing. Notice the amount of times contractors licensure was used. Then the actual names that did not match the licensure. The list of non profits renamed abundantly but same licensure used but questioned. Look at each development size and cost per residence. And look at qualifying individuals and their income brackets approved. Then look at how many times that same home was resold as a new structure once levied by unwarranted fees by the developers or their residential staff hired to run the association. Then look at the property perils and local city's reform once it was caught. Notice documented court cases and who handled those cases. Look who collected and where any funds taken went. Never tracked.
    Tax credits then the filing of odd numbers that didn't equal the same numbers when they sold….awhhh. Alot of risks for being ignorant. These sorts dont care. Now look at there criminal histories of their staff running the associations. It just keeps adding up. Btw many of the houses sold in these developments had locks that a nearby criminal had masters to. Homes were broken into, residents harassed. Fees levied by criminals. Yes…as the developer left the state someone kept collecting associated levied fees in another state that was never disclosed. Or taxes paid on…? Georgia. Interesting isn't it?

  3. Thank you President Trump.
    The grants under low income housing and the structure is a huge issue. Very abused by non profits that levied huge inappropriate unwarranted fees and literally stole home equity funds from home owners not following guidelines of federal programs meant for victims of hurricane relief homes, elderly and disadvantaged victims and single parent low income housing. These programs were abused by not only the lack of laws protecting the ownership thereof but allowing non profits to in fact qualify the tenant up front knowing the affordability they could not withstand during their ownership. The fees were never true in many cases but levied fees highest to gain control of once sold housing by relief grants paid in full for their own agendas of wealth. Later in fact gaining false control to resell back to the same qualifying market of no relief. Many of these types of developments were set up for failure to once again fall back into the wealth of the developer. Also they in fact failed environmental laws by building structures in areas of flood plain torn areas and never properly set health inspections of water and sewer lines. Even their plans were scamming the lot provisions for each allocation. When most of their properties were caught endangering residents by not originally compliance of new water and sewer lines. They found several of their properties with broken sewer lines running into broken water lines. In fact hooking up to old lines that would not sustain the pressure of additional homes to hook onto. I found elderly got sicker. Dying sooner. Children once healthy effected by skin disease and rashes. And in adults lymphoma and auto immune risk from the unclean provisions they developed.Storm water run off was also found causing mud slides which increased insurable risk to a much higher number than other developments. A unique risk profile was that many of these developments were built by state grants alloted and known by local commissioners to retire gracefully with capturing funds that were meant for the betterment of the qualifying individual. Yes stolen funds embezzlement. Local news would not look into this. Even though the proof was being swept under the rug by the city water department that immediately changed their position to keep from being sued. The blind eye to putting stricter standards for non profits in housing has allowed the abuse. Many developers in fact ghost contractor licensure when in fact the contractor they used never entered the site of building or being apart thereof. This was in Asheville NC area and surrounding counties. This type of thing needs attention. It was truly according to new local commissioners hands and their department because they never felt it was true. In fact when questioned they became angry and locked their doors to lines of questions. It was in my mind a buddy system of improper conduct. Thank you for your attention.

  4. Everyone in Ohio remembers that "Sherrod Brown Let Us Down"

  5. Testimonies start at 11:00. Before that are a couple of speeches.

  6. Then they need more PEOPLE living together in larger groups and family .not a problem!

  7. Go BROWN! Yes for speaking out!!!!!

  8. Bank exist because of us! Not you.

  9. Benjamin we need to get departments out
    That don't work.

  10. The people will suffer! The bank want bailout for there failure

  11. Minchin put us in this banking problems. He worked at the bank!

  12. CONGRESS No! To mnuchin.

  13. This time no more tax payers MONEY!!!!! They have not shown progress after our bail out. No more! We need to go down to come back strong. Banks are ripping us off for tax dollars.

  14. Let's be clear, Mr. Brown is full of sh*t.
    Democrats had already approved the Predatory Lending practices which lead to the existing problems and the 2009 Economic collapse.
    People fast tracked many foreclosures for a fast buck. Done Deal & Documented.

  15. It would be safe to bet the food stamp program doesn’t Discriminate, or maybe it just does

  16. Why do you always make it a color issue? If you can afford, if. You have good credit , it don’t matter what freaking color you are, NO YOU DONT GET SOMETHING FOR FREE BECAUSE YOU ARE BLUE PERSON

  17. Mr. Brown is an idiot with no plan but to attack the Trump administration.

  18. Could the democRATS be anymore full of SH*T?

  19. And most important doing the test on a yearly basis to see how and where each student verges towards excelling happy with a confident outcome…..when one can't do their is the one that can and that's what it's all about. The glue! ⬇

  20. everything is fine…..no problem

  21. Schooling easy get the liberals out ! All schools alternative charter regular tax payers funding schools or any schools! This is the true fault of failure! These individuals in charge have ignore the most fundamental level of development! Creating the best out come for all students to be the best ! Childern are so different looking at things ! And responding! Geometics is a psychological test that is fun and awesome that all family members should take to understand one another and based on the out come of this test place individuals in classes that they relate to but also incorporated fast math quick English development programs they've came out with to help the hyperactivity students instead of druging them! This so wrong! They think that all children can sit still and be studious and that's where issues are created and grades waiver……addressing their thought process naturally instead of manipulating and corrupting their abilities are the problem. It's quite obvious there are individuals that wants to keep this stagnating process going……..! By stopping this will benefit all……..it's a sculpture that has been neglected way to long…….! That's why you have a lot of children slipping through the cracks………its time to address it correctly!

  22. STFU sherrod you fraud.
    The Clinton administration created this mess you rat .
    Investigate you you pos

  23. While their at it! Hold realistate companies bankers responsible for leading individuals on for buying something that is not in ones budget…..! For many year people got in over their heads because they relied professional Individuals to guide them but took advantage! So many people lost their homes because of this practice! Deliberately done! People get ill and some loose their jobs there must be a factor in clause protecting all.

  24. a rotten ending to a great discussion..I wish some of these "gods" would get a grip..Dr Carson is not a criminal testifying in court. Sickening…s/.

  25. What's good for one is not good for all…it must B adjustable $$ s/.

  26. I MYSELF AM COLOR BLIND .. I LIVE 2 YEARS IS AFRICA AND ONLY COULD SEE WHITE EYES AND WHITE TEETH THEY WERE BEautiful souls

  27. IT WAS TRUE THAT IF A BLACK PERSON MOVED INTO THE NEIGHBORHOOD THE VALUE OF SURROUNDING HOMES WENT DOWN. AND WHITES MOVED OUT..

  28. i LIVE ON SSA AND NO WAY CAN I LIVE IN MY BELOVED COUNTRY USA .. STUCK IN BOLIVIA BECAUSE I BOUGHT MY HOUSE HERE BEFORE PRICES TRIPLED. HERE .. MY BIG MISTAKE WAS I SOLD MY HOME MY HUSBAND AND I BUILT .. THEN RENTED.. HOW THAT HOUSE VALUED AT HALF A MILLION DOLLARS

  29. ben carson is such a gentleman in spite of angry congress

  30. with all that money just cancel all their mortgages

  31. It's called PRIVATIZATION and will be a new deep pocket for the Banksters to rob you blind with. Just ask the Golden Boy from Goldman Sachs, Steven Mnuchin, he would know all about that. Affordable housing is desperately needed but this is the ticket to Nowhere Ville, USA and that suites these greedy bastards to a "T". Besides, we no longer will be having "bail-outs," it will be "bail-ins"… Oh, you're really gonna love those …

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