The US Department of Housing and Urban Development (HUD) sells properties you may be interested or want to buy. The lender can file a claim with FHA for the balance due on the mortgage and then conveys title to HUD. Properties listed as “UNINSURED” means that certain repairs and or improvements are required to be eligible for an FHA 203(k) mortgage. By doing this with several properties monthly, Housing and Urban Development house investors can earn a lot of cash.
Our primary independent variable was housing status at the time of the NHIS interview, as determined from HUD administrative data. …