FHA "FLIP" requirements change…

On Friday, January 15, 2010 HUD announced a temporary suspension of HUD’s policy of prohibiting FHA insured financing for properties owned by sellers for less than 90 days ( flips ). This change in policy has been implemented to aid in stabilization of home...

"Making Home Affordable" plan – a failure…

It is great to see the New York Times finally coming on board as they are recognizing that Obama’s “Making Home Affordable” plan has failed and could even be making the market worse! The fact is, that one needs to have the full cycle of the market...