General Discussion

Mika

(17,751 posts) Wed Apr 13, 2016, 02:07 PM Apr 2016

HUD Secretary Julián Castro, Stop Selling Our Neighborhoods to Wall Street!

Tell HUD Secretary Julián Castro: Stop Selling Our Neighborhoods to Wall Street!

In 2015, Julián Castro’s HUD promised to sell more of its mortgages to nonprofit community-based organizations, under pressure from leaders like Sen. Elizabeth Warren – who said HUD was “lining up with the Wall Street speculators” with its DASP program.

Here’s the problem: Since making that pledge in April, 2015, HUD now sells MORE mortgages to Wall Street and LESS to nonprofits.

Community Development Financial Institutions only got 1% of loans sold in 2015.

Julián Castro also made headlines in 2015 for changing the rules to allow banks guilty of felony charges to participate in HUD programs. This change earned criticism from leaders like Sens. Sherrod Brown and Elizabeth Warren.

www.dontsellourhomestowallstreet.org

8 replies

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Highlight:

HUD Secretary Julián Castro, Stop Selling Our Neighborhoods to Wall Street! (Original Post) Mika Apr 2016 OP

personally.... chillfactor Apr 2016 #1

Personally, I used to like him (and Hil)... until I started looking and digging. Mika Apr 2016 #4

Hell of a short-list VP pick! KamaAina Apr 2016 #2

He's perfect for Hillary's VP Politicalboi Apr 2016 #3

Yep. He's filling out his resumé by doing this. Wall Street loves him. He'll fit right in. eom Mika Apr 2016 #6

People in NY and especially POC are livid about gentrification. This is part of it. A winning issue thereismore Apr 2016 #5

He'll fit right in the rest of the corporate Dems. alarimer Apr 2016 #7

And yet dozens of people on this site, for some unfathomable reason, want this lightweight to be VP. BlueStater Apr 2016 #8

chillfactor

(7,576 posts)

1. personally....

Reply to Mika (Original post)

Wed Apr 13, 2016, 02:09 PM

Apr 2016

I love Julian Castro...he could be president in the future.

Mika

(17,751 posts)

4. Personally, I used to like him (and Hil)... until I started looking and digging.

Reply to chillfactor (Reply #1)

Wed Apr 13, 2016, 02:18 PM

Apr 2016

I'm very sad at the activities of the Dem party.
Corruption emerging as its core value.

KamaAina

(78,249 posts)

2. Hell of a short-list VP pick!

Reply to Mika (Original post)

Wed Apr 13, 2016, 02:12 PM

Apr 2016

Then again, consider who's short-listing him.

Politicalboi

(15,189 posts)

3. He's perfect for Hillary's VP

Reply to Mika (Original post)

Wed Apr 13, 2016, 02:14 PM

Apr 2016

He's already a dirty rat so he'll fit in just fine. Bill and Hill will teach him how it's done, and then he'll pick Chelsea for VP in 2024 and the corruption will NEVER end.

Mika

(17,751 posts)

6. Yep. He's filling out his resumé by doing this. Wall Street loves him. He'll fit right in. eom

Reply to Politicalboi (Reply #3)

Wed Apr 13, 2016, 02:29 PM

Apr 2016

thereismore

(13,326 posts)

5. People in NY and especially POC are livid about gentrification. This is part of it. A winning issue

Reply to Mika (Original post)

Wed Apr 13, 2016, 02:20 PM

Apr 2016

for NY campaign?

alarimer

(16,245 posts)

7. He'll fit right in the rest of the corporate Dems.

Reply to Mika (Original post)

Wed Apr 13, 2016, 03:25 PM

Apr 2016

Perfect VP for you-know-who.

When even the up-and-comers are corporate retreads, you know we have a problems. God I hate Bill Clinton for starting this triangulating, out-Republicaning the Republicans bullshit.

BlueStater

(7,596 posts)

8. And yet dozens of people on this site, for some unfathomable reason, want this lightweight to be VP.