Committee will come to order. Let me think our witness for your patience. We are now ready to proceed under the five minute rule and i will give myself five minutes to begin the question phase of the hearing. Over the last year, has taken a number of actions to reduce the ability of fha borrowers to utilize down payment assistance programs from governments and cities. To purchase a home and has indicated that it intends to issue a proposed rule affecting down payment assistance in january. Secretary carson testified before this committee in june that he was not familiar with the hud data that identifies which Government Entity is providing down payment assistance and it appears that hud cannot determine which Government Programs are providing down payment assistance for any fha loan. Which is critical before attempting to issue new regulations of government down payment assistance programs. Will you commit to not moving forward any rulemaking or other Administrative Changes related to
Order. I now recognize myself. I am. Sorry with that objection, the, chairs in our authorized to declare recess. Of the, committee and anytime. Members of the, committee not on the subcommittee, are authorized to participate in twos hearing. And, the, hearing is entitled, an examination of the federal housing administration. And its impact on homeownership in america. I now recognize, myself, to give an opening statement. Okay. There was a time, when i have a chase policies, explicitly denied access to the American Dream of Home Ownership. Two black families and people of color. Making only only on home a privilege, afforded primarily to white americans. Or contributing to the racial wealth gap as we know. It as of the third quarter, of 2019, the white homeownership rate is 73 compared to nearly 48 for that he knows and 43 for black home owners. Today fha plays an Important Role in the Housing Finance system. And is helping to ensure that access to homeownership is broadly available in
An examination of the federal housing administration. And its impact on homeownership in america. I now recognize, myself, to give an opening statement. Okay. There was a time, when i have a chase policies, explicitly denied access to the American Dream of Home Ownership. Two black families and people of color. Making only only on home a privilege, afforded primarily to white americans. Or contributing to the racial wealth gap as we know. It as of the third quarter, of 2019, the white homeownership rate is 73 compared to nearly 48 for that he knows and 43 for black home owners. Today fha plays an Important Role in the Housing Finance system. And is helping to ensure that access to homeownership is broadly available in in 2019 alone, they have over 615,000 borrowers become home owners for the first time. With over 33 of the markets endorsements serving minority borrowers and over half serving low to moderate income borrowers. Fha also plays a vital role in expanding access to affordable
Way will they go . Whats the Breaking News tonight . Arizonas investigation into efforts to overturn the 2020 election, getting bigger new subpoenas just issued as investigators look into people tied to trumps campaign. And this hour, a cnn exclusive, our ivan watson spending 48 hours on a Philippine Coast guard ship as a suddenly it is confronted by the chinese Windows Shattering chinese Water Cannons blasting americas allies ship. And tonight, the pentagon responds. Lets go bob, from and good evening. Im Erin Burnett Outfront tonight. Anytime anywhere any place. But former President Trump claims he wants to debate President Biden now that he is just a few hundred delegates away from securing the republican nomination. Now on opposed this from the man who refused to debate any of his political opponents, no place, no time during the primaries, walking away from the second president ial debate back in 2020. Well tonight bidens campaign responding writing that its a conversation that th
Pony show. They were very gracious rational. I saw a lot of new improved and to the va. But what i talked to my constituents that comment, handling their case work, it was the same i saw in 1973. I have a question. Java and the military, are you familiar with 1015 . Not off the top of my head. Okay. If the officers bible. Staff organization on chad organization and operations. Can someone handed if your chapter four . Page one. I circled it for you. Could you read that for me, please . I circled it. The commanders is possible for all his staff does or fails to do. He cannot delegate this responsibility. Final decision as well as the responsibility remains that the commander. If you carry that armatrading wiki to the va. Correct. Anytime you like they are responsible for those under them . Because were placed in a position of responsibility ever must occur that responsibility for every action. Of the military, but actually in the commanders authority are often directly it should to the