Carol Dujanovich on HUD’s housing counseling committee

Today’s HousingWire Daily features a crossover episode with the RMD Podcast, a monthly podcast covering hot topics in the reverse mortgage industry hosted by Chris Clow, editor at Reverse Mortgage Daily.

The episode features an interview with Carol Dujanovich, the Vice President of Operations at Michigan-based 1st Nations Reverse Mortgage, who was recently appointed to the United States Department of Housing and Urban Development’s Housing Counseling Federal Advisory Committee.

Dujanovich sat down with Clow to discuss the significance of the appointment and what the committee will aim to achieve under HUD Secretary Marcia Fudge.

Here’s a short preview of the interview you can find in the episode, lightly edited for concision and clarity:

Chris Clow: Why do you think a representative from the reverse mortgage industry joining this particular committee is important for this moment, and what do you think the motivation was to invite you specifically, but also more broadly a reverse mortgage representative to join at this time?

Carol Dujanovich: Well, what the Housing Counseling Federal Advisory Committee is about is to maintain homeownership. The reverse industry [is a] very small segment of mortgage lending, but in my conversations with Secretary [Fudge], [we’re aiming to] broaden people’s understanding of the reverse industry. We do counseling for potential homebuyers, [and for people who are] facing foreclosure. We do counseling for homelessness for homeless veterans. And here’s another segment now that has been really, I think, overlooked: the senior borrower. So, I guess I presented the opportunity to have someone represent the reverse world.

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Elissa Branch. If you have a pitch or an inquiry relating to podcasts, you can reach our team at [email protected].