Tag: Federal Housing Finance Agency

2011 March FHFA Reconsiders Flip Tax/Transfer Fee Ban By Debra A. Estock

 After receiving over 4,200 comments on a proposal that would have eliminated  flip taxes and transfer fees in co-ops, condos and HOA communities, the Federal  Housing Finance Authority (FHFA) has reconsidered its position and will allow  …

2010 December Fees Under Fire By Jim Douglass

 A proposal to ban federal lenders from purchasing loans in co-ops that use flip  tax fees or condos with deed-based transfer fees has housing community leaders  worried the ruling would lead to diminished operating budgets and severely  d…