RE: Some of it is fraud, probably 20% of that is caught.
Well, if so, we ought to have an AUDIT ( there’s that word again ) of WHO or HOW MANY PEOPLE perpetrated the fraud and FIRE THEM ( and I’m being very lenient here, they ought to be tried and jailed if found guilty ).
Fraud cases highlighted in the HUD's Office of Inspector - January 14, 2011
HUD Scandals - June 1, 2009
Former HUD-OIG Special Agent in Charge Convicted of Making False Statements - 2015
I'm sure there are exceptional cases where the wrongdoer is too big or too small to bother with. My point of view is that HUD should be disbanded. Too much money in one place, bureaucratic, recipe for successful fraud.