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Investigation Finds Criminals Making FHA Loans

The Federal Housing Administration (FHA) has failed to root out several executives with criminal records whose firms continue to do business with the agency in violation of federal law, according to the Center for Public Integrity, a nonprofit investigative organization focused on public policy issues.

Based on HUD and FHA documents, as well as court records and interviews, the Center found that at least five convicted felons are now working for FHA lenders or worked for them in recent years.

http://www.dsnews.com/articles/nonprofit-groups-investigatio...