The Nonprofit Behind Billions in Mortgage Aid Is a Mess
Bloomberg-
Hoping to deliver relief to Americans pounded by the financial crisis, the government has poured billions of dollars into a sort of Red Cross for homeowners.
NeighborWorks America, a nonprofit chartered by Congress, distributes much of that money to counseling groups that dispense mortgage advice and sometimes financial aid.
A close look at the group reveals a house in disorder -- with sweetheart contracts, document fudging and unexplained departures of top officials.
Photographer: Bilyana Dimitrova via Bloomberg