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Officials chart a course for successors to pandemic servicing

The agencies are referencing the discontinued Department of Veterans Affairs' partial claim program and Ginnie Mae's PTAP as they build out new permanent initiatives. ....

Alanna Mccargo , Ingrid Ripley , Julia Gordon , Ginnie Mae , Rural Housing Service , Us Department Of Agriculture , Assistance Program , Department Of Veterans Affair , Department Of Veteran Affair , Housing Administration , Mortgage Bankers Association , Veteran Affair , Pass Through Assistance Program , John Bell , Veterans Affair , Ginnie Mae President Alanna Mccargo , Federal Housing Administration , Servicing Systems , Politics And Policy ,

Detailed text transcripts for TV channel - FOXNEWS - 20161215:09:16:00

Using an 8-inch floppy disk. where do you buy a floppy disk? i can t imagine what the price is now. and so that s the big threat is this slow, grinding, lower quality, higher cost set of services. reporter: the cost of caring for such ancient equipment is now so high the feds don t have much money left over for anything else. among the biggest spenders on i.t., hhs at $13 billion a year, dhs at more than $6 billion a year and the va at nearly $4.5 billion a year. the federal government spends almost $90 billion a year on information technology and almost 80% of that is spent on operations and maintenance, servicing systems that may be over 50 years old. reporter: the workforce is aging too. there are more federal i.t. employees over 60 than there are under 30. at hud, 23% of i.t. workers are ....

Floppy Disk , Cost Set , Anything Else , 3 Billion , 13 Billion , Information Technology , 0 Billion , 5 Billion , 6 Billion , 4 5 Billion , 90 Billion , Servicing Systems ,

Detailed text transcripts for TV channel - FOXNEWS - 20161214:23:16:00

Using an 8-inch floppy disk. where do you buy a floppy disk? i can t imagine what the price is now. and so that s the big threat is this slow, grinding, lower quality, higher cost set of services. reporter: the cost of caring for such ancient equipment is now so high the feds don t have much money left over for anything else. among the biggest spenders on i.t., hhs at $13 billion a year, dhs at more than $6 billion a year and the va at nearly $4.5 billion a year. the federal government spends almost $90 billion a year on information technology and almost 80% of that is spent on operations and maintenance, servicing systems that may be over 50 years old. reporter: the workforce is aging too. there are more federal i.t. employees over 60 than there are under 30. at hud, 23% of i.t. workers are ....

Floppy Disk , Cost Set , Anything Else , 13 Billion , 3 Billion , Information Technology , 90 Billion , 5 Billion , 4 5 Billion , 6 Billion , 0 Billion , Servicing Systems ,

Detailed text transcripts for TV channel - FOXNEWS - 20161214:16:55:00

Campaign there was a lot of talk about which candidate you would trust with their finger on the button controlling the nuclear arsenal, some of the technology that s coordinated the nuclear arsenal does rely on 8-inch floppy disk and it s not the equipment that s getting older, the workforce is getting older too. the partnership for public service looked at the data and found that there are more federal it employees over 65 than federal it employees under 30. federal government spends almost $90 billion a year on information technology and almost 80% of that is spent on operations and maintenance, servicing systems that may be over than 50 years old including part of the nuclear arsenal that we have. what to do about it? some companies think they might be up to something. they are trying to hire about ....

Floppy Disk , Partnership For Public Service , Information Technology , 0 Billion , 90 Billion , Servicing Systems ,