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FHA “anti-flipping” regulations prohibit lenders making an FHA loan on a home that the seller has owned for less than 90 days. However, in 2010 this regulation was waived temporarily through January 31, 2011 by FHA in an effort to help the housing market conditions. Subsequently, that waiver was extended through the Continue reading… FHA Extends Waiver of Anti-Flipping Regulations Through End of 2012 The Federal Housing Administration (FHA) announced the temporary waiver of the “anti-flipping” rule has been extended through December 31, 2011. In my opinion the “anti-flipping” rule was a bad idea to start with and in the current housing market the last thing we need is anything to discourage investors from buying homes so this Continue reading… FHA Extends ‘Anti-Flipping Waiver’ Dennis Norman Back in January I did a post about FHA’s decision to temporarily (until February 1, 2011 if not revoked earlier) waive their “anti-flipping” rule, thereby allowing homes to be resold with FHA-insured financing even if the sale took place within 90 days of the selling acquiring the property. There were, of course, Continue reading… FHA Looking For Input On Anti-Flipping Rule Waiver Conditions |
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