FHA says: Flip that house
Les Christie
@CNNMoney
January 2, 2012: 10:48 AM ET
link-
http://money.cnn.com/2011/12/29/real_estate/FHA_flipping_waiver/index.htm?iid=Popular
"In an effort to help stabilize housing prices and unload some of the foreclosures that are flooding low-income communities, the mortgage insurer extended a waiver of its anti-flipping regulations through 2012."