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Home » Store » News » HUD Suspends Anti-Flipping Rule to Permit REOs

HUD Suspends Anti-Flipping Rule to Permit REOs

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The Department of Housing and Urban Development announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. The policy change will permit buyers to use FHA financing to purchase HUD-owned properties, real estate-owned properties, or distressed properties sold through private sales, which recent research shows is the primary target of...
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