Tag Archive | "Federal Housing Administration"

FHA extends loan program for ‘flipped’ houses

Monday, January 31, 2011

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The Obama administration extended for another year a program that allows buyers of flipped houses to obtain Federal Housing Administration-backed loans. Last year, the FHA lifted a ban that prevented buyers from obtaining government-backed mortgage insurance on homes bought less than 90 days after a previous sale. The ban, which was in place to prevent […]

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