Thanks for talking with Shaun Donovan, Secretary of HUD, this morning.

You did a great job. Secretary Donovan came across exactly as he is, an elitist bureaucrat. He didn’t see a problem in what you asked. He was dismissive of you for your focus on mere “details”.

Well, what he calls “details” is what all citizens should call “results”, and the answer is that people like Donovan are spending enormous amounts of our money and getting nothing for it.

You are correct. The question is, the private sector is being much more successful at dealing with refinancing, so why are we wasting taxpayer dollars on these failing programs?

Unbelievable.

Keep up the good work.