News on Shaun Donovan

Obama official says banks can restart foreclosures

2010-11-05T06:51:28Z

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Gov't foreclosure help will reach more homeowners

2010-06-15T09:38:47Z

Government foreclosure relief for 'underwater' homeowners expands to those deeper in debt

The Obama administration is expanding a program to stave off foreclosure for borrowers who owe more than their homes are worth.

Housing secretary Shaun Donovan says borrowers who owe up 25 percent more than their home's market value will qualify for governme...

US foreclosures up 24 percent in 1st quarter

2010-06-16T10:38:54Z

Foreclosures up 24 percent in first quarter as temporary halts expire

The number of American households threatened with losing their homes grew 24 percent in the first three months of this year and is poised to rise further as major lenders restart foreclosures after a temporary break, according to data released Thursday.

The big unknown for the coming months, however, is President Barack Obama's plan t...

Obama: HUD pick central part of economic blueprint

2010-06-15T10:07:50Z

In picking Donovan, Obama looks for HUD to play prominent role in economic recovery plan

In naming his choice for housing secretary, President-elect Barack Obama on Saturday rounded out his economic team and gave new prominenc...

City Boasts Low Foreclosure Rate in Housing Plan Update

2010-06-15T09:58:21Z

Mayor Bloomberg and Shaun Donovan, commissioner of the Department of Housing Preservation and Development, today announced that the city's 10-year plan [PDF] to build or preserve 165,000 units of below-market rate housing has hit is midpoint, with 82,500 units financed [press release here].

Among the stats the city highlighted was its strikingly low...

HUD Sec'y Donovan Tours Foreclosed Properties In Los Angeles

2010-06-15T10:03:52Z

LOS ANGELES, CA - APRIL 08: HUD Secretary Shaun Donovan (C) and state legislators leave a news conference outside a bank-owned home following a tour of foreclosed properties on April 8, 2009 in south Los Angeles, California. Officials are trying to give relief to home owners in trouble and neighborhoods where home values are lowered ...

01/27/2009. U.S. Vice President Joe Biden swear-in Cabinet members.

2010-04-18T09:33:42Z

U.S. Vice President Joe Biden, left, prepares to swear-in Cabinet members Tuesday, January 27, 2009 in the Eisenhower Executive Office Building in Washington, D.C.. From left are Shaun Donovan, Secretary of Housing and Urban ...