Wed, 17 February 2010
Episode 8 – HUD Wants to End Seller Financing
If you haven’t heard HUD has a proposed ruling where they would like to eliminate seller financing except for those that live in the home being financed or those with a mortgage originators license. This would hurt real estate investors and home buyer’s alike. Let HUD know that you think this is a bad idea. They are taking comments on the ruling.
Visit http://regulations.gov and search on HUD and SAFE. Got to ruling FR-5271-P-01 and leave your comments so your voice can be heard.