Flow of federal cash fed housing scheme. Investigation: Section 8 rent subsidies fuel questionable sales to investors, and poor tenants are left in limbo.

Number 20494
Subject Housing
Source Baltimore Sun
State MD
Year 2003
Publication Date June 19, 2003
Summary According to the author, "A mortgage broker manipulated a federal housing program meant for the poor to lure investors into a get rich quick scam that left a trail of bankruptcy and evictions." This story is a result of the reporter's eight month investigation. The article also includes a computer-generated map.
Category General
Pages 12
Keywords mortgage;broker;housing;federal housing program;map;scam;investors;cash;section 8;poor tenants;tenants
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