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HUD Suspends Rules on Flipping Foreclosures
Dec 19, 2010
Measure to help bring stability to home values and accelerate sale of vacant properties

"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....."  
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Posted: Dec 19, 2010 9:17am
HUD Suspends Rules on Flipping Foreclosures
Jan 26, 2010

HUD Suspends Rules on Flipping Foreclosures

Measure to help bring stability to home values and accelerate sale of vacant properties

"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....."  

Rest of the story; http://www.american-apartment-owners-association.org/blog/2010/01/25/hud-suspends-rules-on-flipping-foreclosures/

 

This rule is good for one year and starts on Feb 1, 2010. So it expires on Feb. 1, 2011. 

 

 
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Posted: Jan 26, 2010 9:20am

 
 
 
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Green Road A.
male , single, 1 child
Rohnert Park, CA, USA
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