The Truth About Mortgage.com

Everyone knows times are tough, especially for college graduates just entering the workforce.

And though some prefer to be “funemployed,” others may be looking for opportunities; the Department of Housing and Urban Development seems to have them.

Yesterday, HUD Secretary Shaun Donovan told summer interns that 43 percent of the current workforce is eligible for retirement, freeing up nearly 6,000 positions in the next few years.

So if you’re interested in solving the current housing woes, or perhaps making the world a greener place, you may want to take a look at HUD.

“If you’re interested in stopping the foreclosure crisis putting the American Dream at risk for millions of families, HUD is the place for you,” said Donovan in prepared remarks.

“If your passion is green jobs, alternative energy and sustainable development, then HUD is the place for you.”

“Indeed, with 40 percent of our carbon emissions coming from our homes and buildings, HUD is going to be a big part of President Obama’s efforts to address climate change.”

They may also need you to figure out what to do about all those FHA loans sailing toward default, what with their market share approaching two-thirds of all single-family loans.

Oh, and Donovan noted that the population is expected to grow by another 50 percent in the first half of this century, requiring another 200 billion square feet of homes, office space, and other construction.

So maybe that inventory hangover isn’t as bad as we thought…