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Home » Store » News » HUD Extends Anti-Flipping Suspension

HUD Extends Anti-Flipping Suspension

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The FHA rule prohibiting the practice of “flipping” will be suspended for another year, a Department of Housing and Urban Development spokesman said last week. Allowing the practice will keep homes moving out of the foreclosure inventory and help the mortgage market recover, experts said. In 2003, HUD issued...
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