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Mar 21, 2020
03/20
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for the next 60 days and our great head of hud who is with us today, ben carson, will say a few words in a moment. the department of education will not enforce standardized testing which is another big deal, requirements for students in elementary through high school for the current school year. not fair to do that. so we are waiving that. i would imagine it's probably the first time ever that's been waived, but i think it's only fair to the students and to the parents of the students. it is also waiving interest and other things that we are discussing right now on federally held student loans and directed that borrowers be allowed to suspend student loan payments without penalty for at least 60 days and we will be talking about student loans, help students under great burden right now. we will be talking about that further but we are -- we are waiving during the 60-day period various elements, very important elements on student loans. big subject. i signed an executive order invoking the defense production act as you all know giving us powerful new authorities to help states, cities
for the next 60 days and our great head of hud who is with us today, ben carson, will say a few words in a moment. the department of education will not enforce standardized testing which is another big deal, requirements for students in elementary through high school for the current school year. not fair to do that. so we are waiving that. i would imagine it's probably the first time ever that's been waived, but i think it's only fair to the students and to the parents of the students. it is...
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Mar 22, 2020
03/20
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judge jeanine: doctor, i want to move on to your position is the head of hud. i want to let my viewers know what the federal government is doing with the moratorium on foreclosures can you explain that to my viewers? >> what is the most important thing that people have financially for their home? while they are being terrified and trying to keep themselves and their family safe, the last thing we want them to worry about is whether they're going to lose their house. because of payments that a been lagging. so the president authorized us to go ahead and place a 60 day moratorium on foreclosures and evictions that were in progress as well as those that may occur over the next 60 days. judge jeanine: will there be a reinvestment doctor? i only have a few seconds left but people have trouble paying their mortgage where there is no foreclosure, what is the federal government offering? >> we asked before engine forbearance for the services we want them to look at the whole cascade of options that they have before they would even think about eviction or foreclosure. j
judge jeanine: doctor, i want to move on to your position is the head of hud. i want to let my viewers know what the federal government is doing with the moratorium on foreclosures can you explain that to my viewers? >> what is the most important thing that people have financially for their home? while they are being terrified and trying to keep themselves and their family safe, the last thing we want them to worry about is whether they're going to lose their house. because of payments...
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Mar 22, 2020
03/20
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hud has suspended foreclosures and evictions for two months, for single family homes, with loans through the federal housing administration, but that only applies to about 8 million units. so what is your message to everyone else who will likely be struggling to pay their rent and pay their mortgage in the coming weeks and months? >> part of what is being negotiated in congress right now are measures to be able to help take care of some of our most vulnerable citizens. a lot of people who live, for instance, in public housing or assisted housing, you know, they are not covered by our fha guarantees. and as a result of that, you know, we've been in contact with the phas, with the various landlords, to ask them to extend forbearance and to use a variety of different things, including some of their reserve funds to tide them over, recognizing that, you know, if they evict people, then you've got to start all over again, plus you're exacerbating the situation nationwide. i have not found many people who don't understand that. i don't think that's a particular issue, but we've also been in co
hud has suspended foreclosures and evictions for two months, for single family homes, with loans through the federal housing administration, but that only applies to about 8 million units. so what is your message to everyone else who will likely be struggling to pay their rent and pay their mortgage in the coming weeks and months? >> part of what is being negotiated in congress right now are measures to be able to help take care of some of our most vulnerable citizens. a lot of people who...
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Mar 25, 2020
03/20
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with regard to your other half as hud director, one of the thing that is a great concern in the city of new york is the homeless population. in los angeles and california, san francisco as well, there has been someone who has died of it in new york city, the first person to die from covid-19 -- how do you keep it from spreading through the homeless population in the environment they are living in? >> that's something i have been concerned about for a long time. if you go back and look at some of my interviews from six months ago or nine months ago, i talk about what would happen if we had an epidemic if we don't do something about this homelessness problem? to their credit, many of the governors have stepped up and we sent information on what to do and how to prepare in case somebody does contract the disease. you have to work that out with your state health agencies before it happens. it's not a crisis of the time that it happens and that has been done by many states and i give them great credit for that. we also have provided a lot of information on hud.gov . there's plenty of info
with regard to your other half as hud director, one of the thing that is a great concern in the city of new york is the homeless population. in los angeles and california, san francisco as well, there has been someone who has died of it in new york city, the first person to die from covid-19 -- how do you keep it from spreading through the homeless population in the environment they are living in? >> that's something i have been concerned about for a long time. if you go back and look at...
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Mar 21, 2020
03/20
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fauci, the surgeon general, the cabinet, homeland security secretary or hud secretary. and as you were teeing us up, you brought up something interesting, a week ago we were caught off guard in the press corps as members of have taken our temperatures and we've seen that expand greatly at the white house, outside the gates before you get your i.d. check and metal detectors, they're checking your temperature when you walk into the white house complex and before the briefings are going to be begin a few feet behind, they take our temperature again and making sure no one is having a fever or showing symptoms and brought up the member of the vice-president's staff who tested positive for the coronavirus and we heard from the vice-president's steve -- chief of staff and they did not have any close contact with the vice-president or president. and what will that mean for the white house staff as well as the president and vice-president, chris in. kristin: one of the other big questions i mentioned mark, the defense product act. there's been confusion, it's been invoked, but h
fauci, the surgeon general, the cabinet, homeland security secretary or hud secretary. and as you were teeing us up, you brought up something interesting, a week ago we were caught off guard in the press corps as members of have taken our temperatures and we've seen that expand greatly at the white house, outside the gates before you get your i.d. check and metal detectors, they're checking your temperature when you walk into the white house complex and before the briefings are going to be...
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Mar 18, 2020
03/20
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ben carson and everybody from hud. every generation of americans has been called to make shared sacrifices for the good of the nation. in world war ii, young people in their teenage years volunteered to fight. they wanted to fight so badly, because they love our country. workers refused to go home and slept on factory floors to keep assembly lines running. the numbers of ships they built during world war ii, to this day, has never -- nothing like that has ever been equaled. they were doing ships would really on a daily basis. nobody's ever seen anything like it. to this day, nobody has ever seen like it, what they were able to do during world war ii. now it's our time. we must sacrifice together, because we are all in this together, and we will come through together. it's the invisible enemy. that's always the toughest enemy, the invisible enemy. but we are going to defeat the invisible enemy. i think we are going to do it even faster than we thought, and it'll be a complete victory. it'll be a total victory. so we'll
ben carson and everybody from hud. every generation of americans has been called to make shared sacrifices for the good of the nation. in world war ii, young people in their teenage years volunteered to fight. they wanted to fight so badly, because they love our country. workers refused to go home and slept on factory floors to keep assembly lines running. the numbers of ships they built during world war ii, to this day, has never -- nothing like that has ever been equaled. they were doing...
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Mar 22, 2020
03/20
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i think i didn't realize that the president or hud had this authority. is this because of emergency powers that they can take this very stark action? >> it seems that way, but the bigger challenge will be this isn't a forgiveness obligation, so for a homeowner who can't make the payments they will still have that obligation and there's also some questions about the rest of the mortgage population whether those are the freddie mac orphan it may mortgages. jillian: let's take a look at the numbers right now in talking about mortgage rates the week of march 19, it was 3.65%, week of march 12 it was 3.36% and then going beyond that march 5 was 3.29%, why are we seeing this increase and what do you make of it? is it a good time to refinance? >> yeah, not to get into the weeds of mortgage finance, but it's all tied to us going on in the treasury market and the concern on investors in these types of mortgages that credit risk is going up, so we did when the fed first acted and cut by a half a percentage point we saw interest rates come down but then we started
i think i didn't realize that the president or hud had this authority. is this because of emergency powers that they can take this very stark action? >> it seems that way, but the bigger challenge will be this isn't a forgiveness obligation, so for a homeowner who can't make the payments they will still have that obligation and there's also some questions about the rest of the mortgage population whether those are the freddie mac orphan it may mortgages. jillian: let's take a look at the...
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Mar 29, 2020
03/20
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i know mortgages through hud is taken care of. what should people be doing for the first of the month? >> they will be getting the money. i will tell you, i think landlord wills take it easy. -- landlords will take it easy. we may put out a statement on that. i think a lot of people owed money will take it easy. a lot of concessions are made, just like the insurance companies, a lot of concessions are being made that wouldn't have been even thought of three weeks ago, not even thought of. a lot of really positive things are happening. please, behind you? >> thank you, mr. president. yesterday why did you publicly threaten quarantine on new york, new jersey -- >> i didn't do that at all. read the statement. read the statement. read what i said. i said we 'going to look into possibly quarantine. i didn't say we're going to quarantine. i looked at it as a possibility because a lot of our professionals suggested quarantine. i said we're going to look at it. we then looked at it. you see? who are you with? bloomberg; right? i can't ima
i know mortgages through hud is taken care of. what should people be doing for the first of the month? >> they will be getting the money. i will tell you, i think landlord wills take it easy. -- landlords will take it easy. we may put out a statement on that. i think a lot of people owed money will take it easy. a lot of concessions are made, just like the insurance companies, a lot of concessions are being made that wouldn't have been even thought of three weeks ago, not even thought of....
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Mar 25, 2020
03/20
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i was at the federal government at hud. i worked on dozens of disasters. you deal with a disaster in fronts of you at that time and then you move on to the next disaster. and i think that rolling deployment could work here and on behalf of new york i said we'll be 100% helpful. we need help from the entire country right now. we need resources from the entire country right now. and because our apex is first and our numbers are highest. but the apex high point will be sequential across the country. i said to the white house, send us the equipment that we need, send us the personnel. as soon as we get past our critical moment, we will redeploy that equipment and personnel to the next hot spot. and i will personally guarantee it and personally manage it. so if you send us 15,000 ventilators, and then after our curve, los angeles needs 15,000 ventilators, we can take the equipment from here, we can take the personnel from here, we can take the lessons from here. we go first. we are going to learn things that nobody else has learned because we will be the first
i was at the federal government at hud. i worked on dozens of disasters. you deal with a disaster in fronts of you at that time and then you move on to the next disaster. and i think that rolling deployment could work here and on behalf of new york i said we'll be 100% helpful. we need help from the entire country right now. we need resources from the entire country right now. and because our apex is first and our numbers are highest. but the apex high point will be sequential across the...