What Awaits our new HUD Secretary
Gate House Strategies Chairman Brian Montgomery highlights the challenges and opportunities for new HUD Secretary Scott Turner, including high mortgage rates, housing inventory shortages, and rising homelessness. Turner, who led Trump's Opportunity Zones, will manage HUD's $73 billion budget and $2.6 trillion in mortgages, addressing fair housing enforcement and FHA portfolio uncertainties. Ginnie Mae's leadership and MBS platform transition are also key focuses.