HUD Seeks Funding to Help Battle Mortgage Fraud, Lending Abuses
May 11, 2009
The Department of Housing and Urban Development has asked Congress to allocate $37 million in the next fiscal year to help fund efforts to combat mortgage fraud and predatory practices. The request comes as HUD gears up to deal with the anticipated increase in both home loan fraud and lending abuses brought about by the current financial crisis and the dramatic increase in...