HUD Ends Seller Financing Homes

http://thereiminute.com/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.