FHA turns attention to the ‘flipping rule’ and AVMs
FHA signals push to repeal its 90-day anti-flipping rule and update AVMs, while new loss-mitigation rules are tied to $2 billion in savings.
Federal Housing Administration
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Mortgage groups push FHA for loss mitigation extension
In November, the FHA proposed updates to its permanent loss-mitigation options based on lessons from the COVID-19 temporary policies.