The financier of a $7.2 million loan on a three-story office building in Lauderdale Lakes was tired of waiting to get paid. His borrower stopped making debt service payments two months after taking out the loan last spring, according to court filings. In May, the lender sued to foreclose on the note. Meanwhile, over at […]
In one case, the CHA revoked a rent voucher for a woman accused of getting fraudulent loans through the Paycheck Protection Program that a broker on Facebook offered to arrange. And six fired Illinois state workers also said they kicked back some of their loans. But the people arranging them escaped punishment.