Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Related Articles Share Save Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago This week promises to be a busy one at the U.S. Department of Housing and Urban Development (HUD) with a report on homelessness, the resignation of HUD’s Deputy Secretary Pamela Patenaude, and the question of the impact of a partial government shutdown looming over the agency. Read on to learn more about all that is impacting the agency this week.Pamela Patenaude ResignsPamela Patenaude, Deputy Secretary at HUD announced her decision to resign from her position at HUD and leave the agency in the new year. In a statement, Patenaude said that serving at HUD had been the highlight of her 35-year career in housing. Indicating that she would be returning to her home state of New Hampshire, Patenaude said, “It has been an honor to serve President Trump and Secretary Carson and I am deeply grateful to both for this opportunity. Thank you to my HUD family and fellow “housers” for helping Americans access decent, safe, and affordable housing.”Patenaude was sworn in as Deputy Secretary in September 2017. In this position, she led HUD initiatives that included granting $5 billion in disaster relief funding for Texas after Hurricane Harvey, signing a memorandum of understanding with Israel to increase collaboration between the two countries on myriad issues involving housing, community development, and mortgage finance, and grants to speed up the housing recovery in Puerto Rico.While it remains to be seen who would be filling Patenaude’s position, FHA Commissioner Brian Montgomery has been appointed as the Acting Deputy Secretary for HUD. “Pam Patenaude has been a dynamic and effective deputy secretary, which is one of the most important housing positions in any administration,” said David M. Dworkin, President, and CEO at National Housing Conference. “She has been a passionate advocate for relief efforts in Puerto Rico, and a key voice on behalf of housing within the Trump administration.”He added, “The good news is that Secretary Carson has built a strong team at HUD. Brian D. Montgomery will be an outstanding acting deputy secretary and should be considered a front-runner for a permanent appointment.”HUD and the Government ShutdownThere are only five days to go before funding expires for several key federal agencies, including HUD, while the Republicans and Democrats debate over the funding for the border wall with Mexico. If both the sides aren’t able to resolve their differences by midnight December 21, the government is likely to head towards a partial shutdown.According to the Washington Examiner, past shutdowns have hit HUD hard, with almost 96 percent of its employees on furlough during that period.In an advisory to its employees when a government shutdown threatened its funding in January this year, HUD had said that in case of a shutdown, the agency’s operations and most of its functions would cease “unless they are legally excepted activities.” A large majority of HUD employees are non-excepted, which means that they are prohibited from working during a shutdown.A Look at HomelessnessOn Monday, HUD presented its Annual Homeless Assessment Report to the Congress. The report is released in two parts with the first part providing the point-in-time (PIT) estimates offering a snapshot of homelessness on a single night. According to the PIT estimates, approximately 553,000 people were experiencing homelessness across the country on a single-night in 2018. Of these, about two-thirds, or 65 percent, were staying in sheltered locations such as emergency or transitional housing programs, and one-third, or 35 percent, were in unsheltered locations such as on the streets or living in abandoned buildings.The report also indicated that the number of homeless people on a single night increased by 0.3 percent between 2017 and 2018, while the number of unsheltered individuals increased by 3 percent during the same period. The number of people experiencing homelessness in families with children continued to decline, by two percent between 2017 and 2018, and by 23 percent between 2007 and 2018.Click here to read the full report. in Daily Dose, Featured, Government, News December 17, 2018 1,485 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Previous: CoreLogic’s Solution to Streamline Mortgage Loan Process Next: Best of Counsel’s Corner – Part II The Best Markets For Residential Property Investors 2 days ago Tagged with: government shutdown Homelessness HUD Pamela Patenaude Servicers Navigate the Post-Pandemic World 2 days ago About Author: Radhika Ojha Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago government shutdown Homelessness HUD Pamela Patenaude 2018-12-17 Radhika Ojha Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post At HUD This Week … Home / Daily Dose / At HUD This Week … Subscribe
ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » Spurred by health concerns and the rapid shift from brick-and-mortar to online shopping, digital wallet usage has surged in the time of COVID-19.As of May, the payment card portfolios of CO-OP’s client credit unions saw a sharp decline in year-over-year card present transactions of roughly 35%, while card not present (CNP) transactions actually grew by 15%. Moreover, according to a live poll conducted at CO-OP’s THINK20 Virtual conference in May, 70% of attendees expect this increased use of digital payments to continue long after COVID-19.To address this dramatic shift in consumer behavior, now is the time to activate your digital wallet strategy to provide the additional layer of convenience and security for in-person and online purchases. To maximize this opportunity, deploying a one-time passcode as a step-up security measure will help you achieve convenience, speed and security while keeping your credit or debit card at the top of your members’ digital wallets.
William Richard Theobald, 94, Greensburg, passed away on Thursday, June 25, 2020 at the Aspen Place Health Campus in Greensburg with loved ones at his side. Born, June 4, 1926 in Rush County, Indiana, he was the son of Harry and Lois Ione (Wiley) Theobald. Bill graduated from Greensburg High School in 1944. He served as a Fireman 1st class in the Navy from 1946 – 1947. He returned to Decatur County and farmed several farms along with working at the Greensburg Post Office, where he retired July 4, 1987. He also had worked at the Decatur County Sherriff’s Department. He was married to Mary L. Mobley on October 25, 1965 and she survives. He is also survived by one son, Keith Theobald, Lawrenceburg; two daughters, Marilyn Theobald, Lawrenceburg, Barb Dougherty, Greensburg; step son, Dan Mobley; step daughter, Mary Ann Barnett; brother, Tom Theobald; sister, Margaret Ann Linville; grandchildren, Heather Looby, Phillip Looby, William Dougherty, Brandon Dougherty, Bryan Dougherty, Keshia Theobald-Van Gent, Jacob Theobald, Becky Redfern, Todd Barnett, Ian Mobley, Andrew Mobley, Chris Mobley, Pat Mobley, Jenny Mobley, Jennifer Connally, Melissa Mobley; Great Grandchildren, Marley Dougherty, Joshua Johnson, Ethan Johnson, Presley Mobley, Liam Mobley, Kiersten Mobley, Hailey Mobley, Isaac Mobley. He was preceded in death by his parents and two stepsons, Mike & Tom Mobley. Visitation will be at Porter-Oliger-Pearson Funeral Home on Sunday, June 28, 2020 from 2 pm to 3 pm following CDC guidelines for social distancing. Funeral Services will start at 3 pm on Sunday at the funeral home with Rev. Jerran Jackson officiating. Burial will follow at Union Baptist Cemetery. Online condolences can be made to the family at www.popfuneralhome.com