Non Profit Accused of Mortgage Fraud on West Side
Back in 2003, Michael Henderson thought that Neighborhood Housing Services (NHS) was a god send. After more than two decades of searching for a loan to fix up the gutted home he’d first bought in 1977, NHS approved him for a construction loan that would transform his home into the dream home he and his wife had always wanted. Eight years later, Henderson’s dream has turned into a nightmare and he believes that NHS, and it’s top brass including its CEO Jim Wheaton, are all criminals who gave him a loan only looking to steal his home from him. Furthermore he believes that powerful politicians like Lisa Madigan, Anita Alvarez and President Obama have all turned a blind eye to mortgage fraud and other federal and local crimes.
There’s cruel irony to Henderson’s accusations because on its website NHS boasts, ‘Since 1975, NHS has strengthened low- and moderate-income neighborhoods through successful partnerships with residents, block clubs, financial institutions, insurance companies and other key partners.’