Local Man Faces Federal Indictment  Fifty-five-year-old Eugene
McReath owns Southern Construction and Investments. It's a
company that buys, renovates and sells houses for profit.
McReath is accused of paying his buyers' down payments to
fulfill his no money down advertisement, then falsely telling
HUD that the down payments came from relatives of the home
buyers.  Prosecutors say McReath lied to HUD to get around the
department's policy of not insuring home loans when a seller
makes a down payment.