Castro Ill Make a Final Decision After November

first_imgCastro: “I’ll Make a Final Decision After November” Share in Daily Dose, Featured, Government, News In 2016, U.S. HUD Secretary Julián Castro, met with Ed Delgado, President and CEO of The Five Star Institute to discuss housing and the U.S. residential mortgage market.Julián Castro served as Secretary of the U.S. Department of Housing and Urban Development (HUD) during the Obama administration. Now, he’s likely to run for President of the United States in 2020, according to an interview published by Rolling Stone recently.The 44-years-old former Mayor of San Antonio said in the interview that he was “likely to do it.”“I’ll make a final decision after November, but I’m inclined to do it,” he said in the interview. This is a far cry from 2016 when Castro was rumored to be a frontrunner for Vice-President. At that time, when asked by DS News in a February interview if he would consider a higher political position if offered the opportunity, Castro had said, “Oh, I doubt it. . . I fully expect to be back in Texas a year from now.”At that time, he had also met with Five Star Institute President and CEO Ed Delgado who had asked Castro to consider issuing a mortgagee letter to set the definition and criteria for identifying vacant and abandoned properties and then accelerating those properties to foreclosure.The problem of so-called “zombie properties,” or those that have been vacated but have not completed the foreclosure process, has become an “issue of national concern,” according to Delgado.“I have a decent perspective on what you’re talking about because I used to be a city councilman and then the mayor (of San Antonio),” Castro told Delgado. “So we saw it not just from an individual perspective, but from the perspective that concerns neighborhood associations and community associations and folks that have to deal with the impact of vacant houses on their block, and what it does to everyone and not just the individual.”As Secretary of HUD, Castro had focused his efforts on stabilizing the post-Great Recession market; helping homeowners who lost their properties in Hurricane Sandy, floods, and other natural disasters; and giving public housing residents access to high-speed internet through the ConnectHome program.During Castro’s tenure, HUD also worked with the Department of Justice and 49 state attorneys general to protect homeowners from mortgage fraud during the financial crisis. The result was a $25 billion agreement in 2012 with the country’s five largest lenders, providing relief to millions of homeowners across the country.Towards the end of his tenure, Castro was also investigated for Hatch Act Violation with an investigative report being sent by the U.S. Office of Special Counsel to President Obama. The House Committee had also asked him to answer their questions about the effect of the changes to HUD’s delinquent loan sales program on taxpayers that included principal reduction and capital arrearage forgiveness, payment shock protection, prohibiting buyers of the loans from abandoning lower-value properties, and alternative bidding for non-profit buyers.Read more about Castro’s initiatives at HUD:Five Star’s Delgado and HUD Secretary Castro Talk Community PreservationCastro Notes Accomplishments in Farewell MemoCastro Adds Fuel to VP Speculation FireInvestigation Shows Castro Violated Hatch Actcenter_img Daily Dose Featured Government news 2018-10-17 Radhika Ojha October 17, 2018 503 Views last_img read more

A personal butler for every guest room and suite w

first_imgA personal butler for every guest room and suite was just not enough for the Emirates Palace, managed by Kempinski Hotels – this lavish hotel is now providing guests with the perfect hospitality companion in the shape of their very own IT Butler!IT Butler is a 24/7 guest service for assistance and support and ensures that guests can maximize their time at Abu Dhabi ’s most iconic hotel and enjoy the benefits of the most extensive and fastest high speed wireless network service in UAE.Helping with anything from making that last minute restaurant booking to arranging a private jet, IT Butler is revolutionizing convenience in travel. Perfect for business travelers, guests can call their IT Butler to set up their company VPN or small contemporary network, connect to their home of office, get advice on handy application tools or technical queries to complete that all important presentation on time.Emirates Palace offers more than luxury; any wish is their command. For any targeted IT support, just dial IT Butler and be assured of technical expertise in a matter of minutes!Emirates Palace is one of the worlds most luxurious resorts, renowned for hosting world class concerts and events on a mammoth scale for up to 20,000 guests, annual conferences for Microsoft and leading IT solution companies, international congresses as well as the host for royalty, world dignitaries and celebrities on a daily basis. With the winning combination of palace luxury, advanced technology and Arabian hospitality, Emirates Palace provides your office away from the office as well as your palatial home away from home.www.emiratespalace.comlast_img read more