Relevant:
- FHA Ant-flip Waiver Extended; G-fee Hike; Tax Deductible MI Ending?; PHH Rumblings
- Banks to Increase Loan Loss Reserves? SEC's Fannie and Freddie Lawsuit; FHA Anti-Flipping Rule
- FHA suspends anti-flipping rule for another year
- FHA Makes Exception to Anti-Flipping Rule For Foreclosed Properties
- House-flipping waiver is extended
2011-02-02 — seekingalpha.com
"The Federal Housing Administration extended the "anti-flipping" rule, which restricts re-sale of an REO property within a 90-day period. As DSNews reported: "The move is intended to help stabilize home values and improve conditions in communities experiencing high foreclosure activity." What does that mean for housing prices? Like most things in life, it depends. It sounds good, but is it really putting a dent in the supply problem (both housing supply problems, that is)?"
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