Why Shortsales of Foreclousures Bannks reject FHA loans

[Nellys Flores]

I would like to this Forum to understand how big of a problem is my current problem, I'm trying to buy a second property and turn the current one into a rental, I have an FHA loan, I presented 4 offers to 4 diferent properties and all the offers were rejected by the respective banks because " they do not want to deal with FHA, loans. Which triggered the following questions:

1. What is wrong with FHA loans
2. How is possible that bank with a property sitting in the market for 357 days in the market still prefers to reject a full price offer just because is FHA?

I would like to have an idea of how big this problem is and how many people may be affected by it.