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On January 13, FHA INFO 2022-03 announced the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2022-01Expansion of the Exclusive Listing Period for HUD Real Estate Owned Properties.  This ML aligns with the Biden Administration’s efforts to increase the supply of affordable housing to first-time, low- and moderate-income homebuyers by extending the time that the Department of Housing and Urban Development (HUD) real estate owned properties are exclusively available to owner-occupant, HUD-approved nonprofit, and government buyers.

 

 

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