Am I misunderstanding this? 61/80 in a sample set taken from a total of 16,976 loan pay downs submitted by the nine largest lenders were ineligible? Isn’t that fraud? Doesn’t this point to a massive problem? 76.3% X 16,976 = 12,953 fraudulent payouts by HUD.
When will these banks be shut down like Arthur Andersen and their corporate officers frog marched to jail for aiding and abetting fraud?
Too big to fail, means we own your government.
the massive problem is that this is 1/1000th of a trillion
overall, to debt, is nothing. Giving 11 times this to rebuild temples and shrines overseas through USAID