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Subprime solution

Subprime solution

Five banks involved in the foreclosure fraud scandal of 2010 say they have made significant steps toward satisfying a $26 billion settlement.
ANTHONY HALL, United Press International
Obama says he supports same-sex marriage

Obama says he supports same-sex marriage

WASHINGTON, May 9 (UPI) -- U.S. President Obama says he has reversed his opposition to same-sex marriage and while he supports the concept, thinks states should make their own decisions.
Five banks, 49 states strike foreclosure deal

Five banks, 49 states strike foreclosure deal

WASHINGTON, Feb. 9 (UPI) -- President Obama hailed a $25 billion agreement among 49 states, the U.S. government and the five biggest mortgage servicers.
Foreclosure deal still has holdouts

Foreclosure deal still has holdouts

WASHINGTON, Jan. 24 (UPI) -- Holdouts disagreed with U.S. Housing Secretary Shaun Donovan, who said prosecutors were close to a deal with U.S. banks over their foreclosure practices.

Study: Large number of young homeless vets

WASHINGTON, Oct. 28 (UPI) -- A disproportionately large number of young U.S. veterans are living on the streets, a federal study shows.

Donovan: Housing policy to move forward

WASHINGTON, Aug. 29 (UPI) -- U.S. Secretary of Housing and Urban Development Shaun Donovan said Sunday the federal government would start two new programs to help struggling homeowners.

Panel: End all homelessness in 10 years

WASHINGTON, June 22 (UPI) -- A sweeping plan to end U.S. homelessness in a decade by blending government, business, faith-based and non-profit efforts was unveiled Tuesday.

No foreclosures for Tenn. flood victims

NASHVILLE, May 10 (UPI) -- Tennessee flood victims facing foreclosure on their homes got a 90-day reprieve Monday from U.S. Housing and Urban Development Secretary Shaun Donovan.

HUD says FHA at 'real risk'

WASHINGTON, Nov. 13 (UPI) -- The U.S. Secretary of Housing and Urban Development said defaulting loans have the Federal Housing Administration in a "real risk" of depleting its reserves.
Official: FHA to seek $800M from Congress

Official: FHA to seek $800M from Congress

WASHINGTON, May 8 (UPI) -- The U.S. Federal Housing Administration will ask Congress for nearly $800 million to prop up a mortgage program for seniors, an official says.
Donovan: HUD budget responsible, effective

Donovan: HUD budget responsible, effective

WASHINGTON, May 7 (UPI) -- U.S. Housing and Urban Development Secretary Shaun Donovan said the $38.5 billion HUD budget proposal focuses on responsibility, effectiveness and transparency.
HUD, Energy to streamline energy programs

HUD, Energy to streamline energy programs

WASHINGTON, May 6 (UPI) -- U.S. departments of Energy, and Housing and Urban Development secretaries Wednesday agreed to work jointly to streamline the federal weatherization program.

Vote on 'cramdown' mortgage bill delayed

WASHINGTON, Feb. 27 (UPI) -- U.S. House Speaker Nancy Pelosi, D-Calif., postponed a vote Thursday on a "cramdown" bill that allows bankruptcy judges to write down mortgages.

HUD sends stimulus funds to states

WASHINGTON, Feb. 25 (UPI) -- Nearly 75 percent of the stimulus allocated to the U.S. Housing and Urban Development Department has been handed out, department officials said Wednesday.

HUD secretary defends Obama's housing plan

WASHINGTON, Feb. 22 (UPI) -- U.S. Housing and Urban Development Secretary Shaun Donovan Sunday defended the president's proposed housing bailout.
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Shaun Donovan
Housing and Urban Development Secretary Shaun Donovan delivers remarks during the United Nations World Habitat Day Celebration in Washington on October 5, 2009. UPI/Kevin Dietsch
Wiki

Shaun L.S. Donovan (born January 24, 1966) is the United States Secretary of Housing and Urban Development, serving in the cabinet of President Barack Obama. Prior to this he headed the New York City Department of Housing Preservation and Development. On December 13, 2008, in his weekly national radio address, President-elect Barack Obama announced that he would appoint Donovan to his cabinet. He was confirmed by the U.S. Senate through unanimous consent on January 22, 2009 and sworn-in on January 26.

Born in New York, Donovan earned undergraduate and graduate degrees from Harvard University, graduating from Harvard College in 1987, and earning a Master of Public Administration from the John F. Kennedy School of Government and a master's in architecture at the Graduate School of Design in 1995.

During the Clinton administration and the transition to the Bush administration, Donovan was Deputy Assistant Secretary for Multifamily Housing at HUD, and was acting FHA commissioner. He became Commissioner of the New York City Department of Housing Preservation and Development in 2004.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Shaun Donovan."
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