The National Association of REALTORS® submitted a letter to the Department of Housing and Urban Development (HUD) and Federal Housing Administration (FHA), urging them to consider policy actions that would immediately unlock a portion of the inventory for buyers with FHA-insured loans. Specifically, the letter asks FHA to consider revisions to the 90-day anti-flipping rule, condominium requirements, and policies for assumable mortgages.
Read NAR’s letter to the FHA.
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