Mention the Department of Housing and Urban Development and the word scandal comes to mind. When it comes to recent history, the association is quite accurate; in 1989-90 congressional panels were investigating "abuses, favoritism, and mismanagement" at HUD; in 1954 HUD's predecessor, the Federal Housing Administration, was targeted by the FBI for involvement in fraudulent home-improvement schemes; in the 1970s HUD was scrutinized for lax lending standards, blatant overappraisals, and shoddy housing. In this ground-breaking volume, Irving Welfeld, a senior analyst with HUD, describes and...
Mention the Department of Housing and Urban Development and the word scandal comes to mind. When it comes to recent history, the association is quite ...