All Posts Tagged With: "waiver"
HUD Dumps FHA 90-Day Anti-Flipping Rule
Starting February 1st, HUD is suspending the FHA‘s 90-day anti-flipping rule for one year. This is a smart idea which should increase local home sales, help investors and create additional real estate demand (because more FHA financing will be available). The New Rule HUD says that under the new rule homes sold within the past [...]
19Jan2010 | Peter G. Miller | 1 comment | Continued
What is the VA COW Committee?
It is possible to assume older VA loans, those originated before March 1, 1988, without approval or review by a lender. If it happens that someone assumes such a loan, and the loan goes into default, the original VA borrower is responsible for paying any shortage if the loan is foreclosed. But, in some cases [...]
24Aug2008 | Peter G. Miller | 0 comments | Continued
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