New Trump Appointee Impacts Mortgage Industry

01/06/2017
Comments
  • Helllllooooo …. all day online gaming!!!

    Myriam January 6, 2017 4:12 am Reply
  • Hi Guys, regarding broad band in public housing; I think there are very few employment opportunities for folks if they are not able to complete a job application online. Further, many jobs have online orientation requirements. While broad band is very expensive (in my case I pay $77 per month), not having broad band is just “one more” hurdle for a guy/girl with limited resources.

    Paul Briggs January 6, 2017 4:38 am Reply
    • Well said Paul! Things that some of us take for granted can be life changing for others.

      Mayra Bontemps January 6, 2017 6:18 am Reply
    • I totally agree. Broadband is necessary for a kid these days. Kids have to keep up on computers to compete in today’s job market. And worse case scenario, people play video games instead of study, at least they are safe (hopefully) at home and off the streets. People will absorb job skills. The upfront cost could mean huge savings in the future as it will help people find good jobs, and keep them off welfare.

      Penny Zadeh January 6, 2017 7:11 am Reply
  • My biggest question around the broadband access is would this mean taxpayers are paying for their internet or now the house is setup for it and they can purchase a monthly paid service? If it’s taxpayer dollars, I’d veto it and say go to your local public library and use the free internet. If it’s to find jobs sitting at home scowering the internet is not going to work. Getting up off your butt and making an effort to go out and use a free internet service makes more sense. Another question would be what device are they using to use this broadband service? If they are in low income housing how are they able to afford some of these electronics? If they are able to afford them why not use their local coffee shop, McDonald’s, or other stores that offer free wifi with their electronic devices?

    Josh D January 6, 2017 6:17 am Reply
  • At first I thought it would be a disadvantage for occupants of public housing to not have broadband access because of the employment requirements to fill out applications online, but then I remembered that most libraries offer free broadband so they can use this resource to help them get a job.

    Tami Carr January 6, 2017 6:21 am Reply
  • Looks like they want to treat this as a necessity like water, making it a part of the rent subsidy calculation used by Section 8.
    Yes there are job procurement and educational benefits to broadband access, but the downside is online gaming, music streaming, video streaming. As a former computer consultant I can tell you that the later will be an issue.

    Michelle Fenn January 6, 2017 6:44 am Reply
  • Need free internet access to fill out a job application or anything else? That’s what Libraries are for. Currently 60% (and rising) of all internet searched are done on mobile devices. Broadband is not necessary.

    “I am for doing good to the poor, but…I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed…that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.”
    —Benjamin Franklin

    Teach a man to fish AND give him access to the shore.

    Competition Benefits Consumers January 6, 2017 7:57 am Reply
  • This is sooo awesome a month or so ago I was talking to a friend of mine who is a LO in a mid size bank and they had a meeting specificity stating that through regulation and the amount of compliance the competition was disappearing and that they are in a position to dominate the market because all the smaller banks can’t keep up with the regulation. I am so happy this new guy happening and hope if continues with success. Since all these regulations came out it was a way for them to create jobs and the larger banks with lobbyist advantage to eliminate competition.

    Ed January 6, 2017 8:11 am Reply
  • DRAIN THE SWAMP!

    Wes January 6, 2017 8:32 am Reply
  • Broad band in public housing is so outdated idea. Why don’t they just put in DSL? Everything is wireless today and in the future. Must major cities want to put in free wireless

    Tim Martin January 6, 2017 10:27 am Reply
  • The best part of this clip was at the 2:20 mark with the Happy Looks of Cordray, Pocohantas and (I should know this but I don’t) – it could have been just as well: Maxine Waters – Man – I wish I could upload a picture with this post – Its a great Selfie of Cordray

    David Witsen January 7, 2017 11:24 am Reply
  • Good luck getting “Broad Band” to rural and a good portion of suburban areas! This becomes a version of red lining if passed! It excludes all but the urban HUD housing projects.

    Kent Shelman January 7, 2017 4:21 pm Reply

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