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Congress

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Urban Institute: HUDÕ failure to invest in tech is costing taxpayers money 

May 03, 2018By

The Federal Housing Administration insured too many mortgages in 2016, potentially costing taxpayers about $41 million. But this didn’t have to happen. If HUD had been granted to funding it needed to upgrade its 30-year-old IT database, things would have turned out much differently.

3d rendering of a row of luxury townhouses along a street

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