Relevant:
- FHA suspends anti-flipping rule for another year
- Banks to Increase Loan Loss Reserves? SEC's Fannie and Freddie Lawsuit; FHA Anti-Flipping Rule
- Putting Numbers to the FHA's 'Anti-Flipping' Waiver
- BREAKING: 14 indicted on 44 counts in Sarasota real estate flipping fraud investigation
- HUD Eliminates 1% Cap on FHA Mortgages
2008-06-16 — housingwire.com
"Bush administration officials on Friday said they had made a major change to existing U.S. Department of Housing and Urban Development regulations for mortgages endorsed by the Federal Housing Administration, lifting a key anti-flipping provision that lenders and disposition firms have long said limits their ability to resell distressed real estate."
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