Wednesday, July 13, 2011

Trade Groups Push FHA to Reconsider Condo Loan Guidelines | Reverse Mortgage Daily

Trade Groups Push FHA to Reconsider Condo Loan Guidelines | Reverse Mortgage Daily
Community Associations Institute, the President of Institute of Real Estate Management, National Association of Home Builders, and National Association of REALTORS® jointly wrote a letter to the U.S. Department of Housing and Development suggesting several “enhancements” to the Federal Housing Administration’s condominium requirements.
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And CAI has some specific criticisms here.

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