flipping: FHA has lifted the 90-day seasoning requirement! - 01/16/10 03:12 AM
The news is spreading fast...  As reported out from FHA on January 15, 2010 -
HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS
Measure to help bring stability to home values and accelerate sale of vacant properties WASHINGTON -
In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties.
The announcement is part of the Obama administration commitment to addressing foreclosure. Just yesterday, Secretary … (84 comments)