on January 14, 2011
USDA Investigation Critical of Housing Loan Program
A report by USDA's Office of the Inspector General concludes that the department may have written more than $4 billion in housing loans to ineligible borrowers.
A report by USDA's Office of the Inspector General concludes that the department may have written more than $4 billion in housing loans to ineligible borrowers. The preliminary IG report says that a sample of 100 loans it audited out of 81,000 showed that almost a third were given to…