Effective February 1, 2010, home buyers will now be able to purchase properties that have been “flipped” in the previous 90-days with an FHA Mortgage Loan. This will assist FHA Loans in having a very significant role in helping the housing market stabilize, providing liquidity in the mortgage market, and increasing mortgage credit, both nationally and in those states suffering the most from the subprime mortgage meltdown. Waiver Specifics
