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Home » Store » News » Weicher’s Successor: Political Clout Makes Up for Inexperience

Weicher’s Successor: Political Clout Makes Up for Inexperience

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The likeliest replacement for Assistant Secretary of Housing/FHA Commissioner John Weicher has very little mortgage and housing industry experience but oozes with political capital. Brian Montgomery, a top White House official who is closely connected to President Bush and his father, President George H.W. Bush, reportedly has been offered Weicher’s dual posts at the Department of Housing and Urban Development. …
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