Don’t think this would be a large hurdle to get past anyway.
I suspect there’s not a lot of REO’s on the market that would not already have met the seasoning requirement even without the waiver. 90 days is a pretty fast time to market for a REO I think, and if the seasoning requirement is based on the close date, it’d be even less likely to be an issue, since FHA buyers would probably be ok looking at a house only 60 days seasoned.
There aren’t even very many flippers that would get hit with this requirement. Now if it required a year of seasoning, that would be a large hurdle to get past.
