HUD Scandals: Howling Headlines and Silent Fiascoes

Mention the Department of Housing and Urban Development and the word "scandal" comes to mind. Within recent history, the association is quite accurate; congressional panels have investigated "abuses, favoritism, and mismanagement" at HUD; at HUD's predecessor, the Federal Housing Administration, the FBI targeted the association for involvement in fraudulent home-improvement schemes; and HUD was scrutinized for lax lending standards, blatant over appraisals, and shoddy housing. In this groun...