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The latest controversy surrounding the HUD M&M Asset Manager (AM) 3.9 contract raises serious questions about compliance with the Federal Acquisition Regulations (FAR) and ethical standards in government contracting. Now referred over to HUD HQ SFAM, the packages ranging from $595 to $2,125, for "voluntary" training, are under scrutiny. A recent email from a HUD AM awardee’s Closing Department, viewed exclusively by Foreclosurepedia, promoted a "voluntary" paid training for HUD real estate agents --- despite the fact that providing such training is already a contractual . . .
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