HUD Not Planning to Extend Anti-Flipping Waiver
October 7, 2014
Responding to an audit from the Office of Inspector General, Federal Housing Administration’s (FHA) deputy assistant secretary for single family housing indicated in a letter that the Department of Housing and Urban development does not plan to extend a waiver expiring at the end of the year that allows lenders to offer FHA loans to borrowers buying flipped properties.
Contact ALTA at 202-296-3671 or communications@alta.org.