A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage.
HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
Modified on: Thu, 7 Nov, 2019 at 7:38 AM
A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage.
HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
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