29
Dec

FHA Says Flipping Houses is Now A-OK

Flippers, the real estate investors who buy homes on the cheap and quickly resell them at a profit, just got a reprieve and an early New Years gift from the Federal Housing Administration.

29
Dec

Looming FHA Bailout Likely to be Costly

"It's highly likely that the FHA will need a taxpayer bailout over the next three to five years," said Joseph Gyourko, a real estate professor at the University of Pennsylvania's Wharton School.

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