Daily Archives: June 18, 2008

FHA Makes Friends With Flipper(s)

FHA Makes Friends With Flipper(s)

Flipper mailbox by Sheeshoo No, its not about our favorite Dolphin friend, its about helping lenders get REO properties off their books. Investors have long been a staple of the REO market, and professional investorsoften bought, remodeled and sold properties for a profit.  The sale price to the consumer from the investor would generally...

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