HUD Does Not Have A Perfect Record For Picking M&M Contractors
I remember HUD’s pick of In-Town Management Group in 1999. The contract was awarded in April 1999. In May, I attended a conference where HUD was saying that In-Town was having significant problems. A few months later, in September, the contract was terminated for DEFAULT. In-Town then filed for bankruptcy.
Foreclopsurepedia.Org talks about one of the new HUD M&M awardees.