CRL Expresses Appreciation for Work of Retiring HUD Secretary Marcia Fudge
Washington, DC -- Marcia Fudge has announced that she will step down next Friday as the 18 th Secretary of Housing and Urban Development, where she was a champion of policies to promote safe, equitable and affordable housing. Mike Calhoun, president of the Center for Responsible Lending, made the following statement: During her tenure at HUD, Marcia Fudge fought to ensure that FHA mortgages remained a viable entry point to homeownership for first-time buyers, people of color and individuals with lower incomes. Her efforts reduced costs of mortgage insurance on FHA loans, and ensured that the