Former HUD Secretary Mel Martinez Weighs in on Housing Recovery

WMFE-FM
Nov. 13, 2012

Former U.S. Senator and HUD Secretary Republican Mel Martinez says he wants President Obama in his second term to try to clear up a tangle of regulations around housing finance. Martinez told a housing recovery forum in Orlando there are several key policy areas that need urgent attention -- including access to credit.

Martinez, who served as Orange County Mayor before being tapped by President George W Bush to direct the U.S. Department of Housing and Urban Development, says after the housing bubble there has to be a cautious approach to approving housing loans.