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Former HUD Secretary Mel Martinez Weighs in on Housing Recovery


Tuesday, November 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.

2012-11-13 00:00:00