FHA Cuts Waiting Period to 1 Year for Buyers Who Earlier Faced Foreclosure
FHA Cuts Waiting Period to 1 Year for Buyers Who Earlier Faced ForeclosureFrom Nick Timiraos at the WSJ: New Lifeline for Home Buyers A recent rule change lets certain borrowers who have gone through a foreclosure, bankruptcy or other adverse event-but who have repaired their credit-become eligible to receive a new mortgage backed by the Federal Housing Administration after waiting as little as Continue Reading