FHA announced the extension of the anti-flipping wavier through the end of 2011. This will help stabilize the market and make financing foreclosed homes easier. . FHA regulations typically prohibit insuring a mortgage on a home owned by the seller for less than 90 days. FHA today posted a notice extending this waiver through the remainder of 2011. The wavier allows buyers to continue to use FHA-insured financing to purchase HUD-owned properties, bank-owned properties, or properties resold through private sales. .Read the full notice..
