Mortgage News

HUD’s $70 Billion Disaster

February 18, 2025

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HUD’s Massive Financial Mess Under Investigation

For seven straight years, HUD has failed to account for two-thirds of its $70 billion budget, with billions at risk of fraud and waste. Now, a government watchdog and a new oversight task force are demanding answers. Will this finally lead to accountability, or is it just more government mismanagement?